Crude Oil (CL) futures inverse pairing options - Commodities Futures Trading | futures io social day trading
futures io futures trading


Crude Oil (CL) futures inverse pairing options
Updated: Views / Replies:3,993 / 8
Created: by Big Mike Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Crude Oil (CL) futures inverse pairing options

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,233 received

Crude Oil (CL) futures inverse pairing options

This is a question for those Crude Oil traders. Which instruments do you find have an inverse correlation with CL? I know that some like USO are positively correlated, but I am looking for some inverse correlations to test some strategies.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,218 since Jun 2009
Thanks: 628 given, 6,316 received
Forum Reputation: Legendary

Answer
This post has been selected as an answer to the original posters question Answer


oil up, transportation down, try dow transport.

Reply With Quote
 
  #4 (permalink)
 Vendor: www.tradersforce.com 
Dallas,tx
 
Futures Experience: Advanced
Platform: Market Delta
Broker/Data: Velocity /TT
Favorite Futures: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 484 received

Answer
This post has been selected as an answer to the original posters question Answer

here is what i use the DX is in red

its looks line the Dollar right now is controlling any most markets

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Crude Oil (CL) futures inverse pairing options-dxcl.png  
Reply With Quote
 
  #5 (permalink)
Elite Member
london uk
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 118 received

Answer
This post has been selected as an answer to the original posters question Answer


benbrooke View Post
here is what i use the DX is in red

its looks line the Dollar right now is controlling any most markets

I too have seen this on other site, traders use DX for inverse correlation, can be useful for S/R

Reply With Quote
 
  #6 (permalink)
Elite Member
Asia
 
Futures Experience: Beginner
Platform: NinjaTrader, TOS
 
Posts: 798 since Jun 2009
Thanks: 109 given, 786 received

Answer
This post has been selected as an answer to the original posters question Answer


Big Mike View Post
This is a question for those Crude Oil traders. Which instruments do you find have an inverse correlation with CL? I know that some like USO are positively correlated, but I am looking for some inverse correlations to test some strategies.

Not necessarily an inverse relationship, but look at WTI/Brent and WTI/RBOB spreads.

Reply With Quote
 
  #7 (permalink)
Elite Member
Salt Lake City, UT
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, 6E
 
Aragorn's Avatar
 
Posts: 177 since Aug 2010
Thanks: 148 given, 224 received

Mike- Did you happen to find a better inverse market for Crude (CL) other than the USD (DX)? The DX is pretty hit and miss as the inverse of CL as opposed to, as naturally expected, other currency markets.

Reply With Quote
 
  #8 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,122 since Dec 2013
Thanks: 1,747 given, 3,348 received
Forum Reputation: Legendary

Maybe I'm stating the obvious or maybe this isn't what you meant (in either case please ignore me), but there are several inverse crude ETF's.

DNO United States Short Oil Fund
DTO PowerShares DB Crude Oil Double Short ETN
DWTI VelocityShares 3x Inverse Crude ETN
SCO ProShares UltraShort DJ-UBS Crude Oil ETF
SZO PowerShares DB Crude Oil Short ETN

Reply With Quote
 
  #9 (permalink)
Elite Member
Temecula, CA
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: CL
 
Posts: 146 since Sep 2012
Thanks: 91 given, 172 received

I use DX like posted above.

Not really an inverse but I also watch multiple contracts as well as sometimes the levels match better on a forward contract than the high volume contract.

Reply With Quote

Reply



futures io > > > > Crude Oil (CL) futures inverse pairing options

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading CL (Crude Oil futures) #2 Big Mike Commodities Futures Trading 95 March 18th, 2015 08:13 PM
CL vs QM (crude oil) tick size/value, margins Big Mike Commodities Futures Trading 23 April 9th, 2013 09:10 PM
Crude Oil Options Expiration Calendar josh Commodities Futures Trading 9 August 24th, 2011 06:19 PM
Big Mike's CL (crude oil) journal Big Mike Trading Journals 60 May 25th, 2011 07:45 PM
Trading CL (Crude Oil Futures) tzachi Traders Hideout 145 September 4th, 2009 11:57 PM


All times are GMT -4. The time now is 06:58 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.13 seconds with 36 queries on phoenix via your IP 54.226.227.175