Why does the CL seem to be trending better overnight? | Traders Hideout

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Why does the CL seem to be trending better overnight?

  #4 (permalink)

San Diego, CA/United States
Trading Experience: Intermediate
Platform: TOS
Favorite Futures: ES, CL, 6A
Posts: 17 since Apr 2015
Thanks: 2 given, 11 received

I've wondered this as well and it's not just CL. One possibility is, there are less professionals trading after hours. Professionals generally have larger trading accounts, and seem to trade multiple batches for smaller moves, with all kinds of different trading tactics - which can cause choppy conditions.

Amateurs tend to have more of a follow the herd mentality, which causes more trend type behavior.

But like I said, this is just a possibility.

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