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CL Crude-nalysis
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CL Crude-nalysis

  #81 (permalink)
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liquidity

Where would you put CL on a liquidity scale?
Is it easy to get in and out quickly?
I can work out good size estimates from various tick bar volumes ranges and times but any experiences most appreciated.


Last edited by oceanbreeze; September 5th, 2014 at 04:57 PM.
 
  #82 (permalink)
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oceanbreeze View Post
Where would you put CL on a liquidity scale?
Is it easy to get in and out quickly?

Yes

http://www.cmegroup.com/education/files/cme-group-leading-products-2014-q2.pdf

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  #83 (permalink)
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Nice daily chart setup going into today for oil. Thursday was an Inside Day, NR4, and we had a 3 day triangle formation.

Diverged 15min chart at the London Highs.

Shallow pullbacks on the 5min chart for the move down....kept adding.

Diverged 5min at the lows and the rest played off the 1min for the retrace up last week's POC.

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  #84 (permalink)
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oceanbreeze View Post
Where would you put CL on a liquidity scale?
Is it easy to get in and out quickly?
I can work out good size estimates from various tick bar volumes ranges and times but any experiences most appreciated.

To expand on this topic, here's a FILL question.

I've been told by a CL trader that price just has to meet your limit order to get filled. Unlike ES or NQ, where
price must exceed your limit order by 1 tick to get filled.

Is this true?

Also, what about the TF (Russell). Does it fill like the CL contract, or like ES or NQ?

 
  #85 (permalink)
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JohnPiper View Post
To expand on this topic, here's a FILL question.

I've been told by a CL trader that price just has to meet your limit order to get filled. Unlike ES or NQ, where
price must exceed your limit order by 1 tick to get filled.

Is this true?

Also, what about the TF (Russell). Does it fill like the CL contract, or like ES or NQ?

As with all instruments, sometimes you will get filled when it meets the price and others it will need to trade through....Yesterday I had a target limit order touched several times before it filled.....and another one that never did.....so just use the rule of thumb that it needs to trade through it to count.....

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #86 (permalink)
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oceanbreeze View Post
Where would you put CL on a liquidity scale?
Is it easy to get in and out quickly?
I can work out good size estimates from various tick bar volumes ranges and times but any experiences most appreciated.

If you want in and out quickly and easily, hit the buy or sell at market button. Its instant. No guarantees on where you get filled in a fast moving market but you can get in. Same with getting out....just click the close button. Instant.....no worries.

Now if you are trading large size and trying to enter at a single price with a limit order. Thats another issue altogether....but I doubt most on the forum are trading enough size to make a difference in CL. I have a buddy that used to trade at an energy hedge fund and they routinely traded hundreds of lots at a time.....but they didn't care about exact prices....and they entered in batches......

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #87 (permalink)
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PandaWarrior View Post
As with all instruments, sometimes you will get filled when it meets the price and others it will need to trade through....Yesterday I had a target limit order touched several times before it filled.....and another one that never did.....so just use the rule of thumb that it needs to trade through it to count.....

Thanks!

 
  #88 (permalink)
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BTR411 View Post
Diverged 15min chart at the London Highs.
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@BTR411 what indicator is the divergence against? Thanks!

 
  #89 (permalink)
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Oysteryx View Post
@BTR411 what indicator is the divergence against? Thanks!

MACD 3,10,16 SMA

If you can keep your wits about you while all others are losing theirs, and blaming you....The world will be yours and everything in it, what's more, you'll be a man, my son. - Kipling
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  #90 (permalink)
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Curiosity


I apologize if I'm intruding in the thread, be patient please, I am a colleague of trade and I have a question for you ... why do you trade the CL? which differences has CL with the ES and 6E? I hope you have a minute to answer, as I am very curious to understand your choice of instrument.
take care


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