crude oil

Eloyito

Newbie
7 0
I trade crude oil full time on the NYMEX session. If any one is in the same channel I'll be glad to have company. By the way, I'm up 20% for the year. Only trade 1 lot. Daytrade. Hope I can find company on wild ride days.
 

RobertJanalik

Newbie
1 0
Hi, I am sorry I am not going to be much of a company, because I am just starting. I started trade live two month ago, daytrade crude oil. I trade only one contract, my acc is only 12k. I made little bit, but i feel like my system need improvment. I was wondering if you could help me little. I was wondering if you could tell me about your way of daytrading crude oil.Thank's Robert
 

hgh

Active member
133 1
It'll be better some bump news again. something like the crisis, the war, from my view, the trend is up.I'd like to short it around 100.
 

rathcoole_exile

Veteren member
3,924 767
I'm having a fresh bash at shorting this at 95.35
 

rathcoole_exile

Veteren member
3,924 767
100k what ccy?

i am short from 9559 CL oct future.

good luck all.


October ?

it's only trading about 30% of the volume of September at the moment isn't it ?

I mean, I could understand a Calendar Spread, but I would welcome your explanation about trading an outright on the front month +1 at this time ?

Can you shed any light that would benefit some of us please ?
 

rsh01

Experienced member
1,184 299
October ?

it's only trading about 30% of the volume of September at the moment isn't it ?

I mean, I could understand a Calendar Spread, but I would welcome your explanation about trading an outright on the front month +1 at this time ?

Can you shed any light that would benefit some of us please ?

hi RE,

i have always switched over to the next contract the week before expiry. not sure where your getting your vol figs from - this is the cme data for today:

Vol / Change
Sep 12 134,504 0.58
Oct 12 102,002 0.57

IG index change on day is +0.87% vs 0.88%. Still quite correlated, regardless the vol.

The reason behind me changing is partly habitual: the prop firm i used to trade oil at didn't want 1,000 barrels turning up on delivery cos of posNs being left open to expiry - so you had to change the week before; also technical - as they start to diverge in the final week to expiry (not normally til last 2 days though). Its pretty irrelevant to me now as i am trading through an SB.

Light Sweet Crude Oil (WTI)

Please provide the source of the data if you contest.

Thanks.
 
 
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