Best time to trade Crude Oil CL

Dec 28, 2008
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#1
Whats the best time to trade Sweet Crude OIL CL.

I am in Toronto Canada and my strategy is to scalp 20c to 50c a day off the CL symbol. Whats the best time of day to catch the movement I am in Toronto, at Eastern Standard Time.

What is heaviest trading time for this symbol??
 
Nov 12, 2008
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Quebec
#2
Hi,
i begun trading the Crude Oil two 2 months ago (i'm in Montréal) and it's really trendy the morning (7-8am).
I like trading CL because of its big moves. When i catch a momentum i enter with 10 Pips SL and then when i'm up with +5pips i move my SL to break even. My SL is usually hit but when it's not... you could grab a lot of pips.

Au plaisir.
 
Last edited:
Apr 29, 2008
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Ontario
#5
Hi guys,

Greetings from toronto. I am a newbie. I haven't started to trade crude oil futures. But I am ready to trade. I thought I could introduce myself. I live in GTA (bloor/Lansdowne area). Perhaps, I could meet with you guys for a coffee or so and exchange some information. I would appreciate your response. Thanks
 

elitejets

Well-known member
Dec 20, 2008
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#6
Im in the To area too and trade crude.
I try not to trade US crude when the pit is closed and don't usually enter after 2PM
Earlier in the morning 2AM onwards you can catch some moves because Brent is being traded and US crude moves along with it
Nicola
 

elitejets

Well-known member
Dec 20, 2008
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#10
Nov 15, 2010
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#13
Best Time To Trade Crude Oil

All your comments are good. I
The best way to determine the best time to trade CL is to look at a 3-5 min chart and see what times it moves. Someone said 4a-6a.... he was correct.... that is one of the times that is good... but there are also other good times. Prime time opening looks good but often moves so fast that it is difficult to trade then (9a-11a). I am in Toronto also. Happy to meet any Toronto Traders. bruceross111 a gmail ..... anytime......
 
Apr 16, 2013
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#15
I only trade WTI after the NYMEX floor opens. So at 2pm London time.
I don't like trading in low liquidity hours because strange things happen.