Markets correlated to CL (Page 2) - Commodities Futures Trading | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading

Markets correlated to CL
Started:December 2nd, 2014 (10:41 PM) by TickedOff Views / Replies:1,179 / 11
Last Reply:March 3rd, 2015 (02:52 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Markets correlated to CL

Old March 3rd, 2015, 02:47 PM   #11 (permalink)
Trading for Fun
Nicosia, Cyprus
Futures Experience: Advanced
Platform: X_Trader Pro, TWS, CQG, Sierra Charts
Broker/Data: Interactive Brokers, Data: CQG, TTNEt
Favorite Futures: crude arbitrage, spreads, energy, grains
Posts: 191 since Dec 2013
Thanks: 28 given, 103 received

CL is all about Cush #, Cush/pipelines "news", products S/D and macro news and fundamentals. Nothing else matters.

Reply With Quote

Old March 3rd, 2015, 02:52 PM   #12 (permalink)
Elite Member
Buenos Aires Argentina
Futures Experience: Advanced
Platform: NT, MT4, Sierra
Favorite Futures: S&P, Bonds, Crude, FX
Posts: 218 since Sep 2014
Thanks: 35 given, 196 received

I recommend watching CAD (CL usually leads first) because of the amount of Canadian exports relying on oil. Also watch the US Dollar index, because since oil is priced in dollars a stronger dollar means oil lower (all things being equal). Think of Oil almost as a currency in itself for that purpose as USD:CL.

Finally, making no assumptions about your skill level, you might also want to watch the price on multiple delivery contracts instead of just the forward month. Remember, the majors aren't playing in the forward contract, they're all dated much further out, so option pricing there is much more meaningful.

Reply With Quote
The following 2 users say Thank You to MacroNinja for this post:

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading > Markets correlated to CL

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
How many contracts can you trade before affecting market in CL and GC markets? acdrew0 Commodities Futures Trading 57 August 7th, 2016 06:35 AM
Best 10-15 Un-correlated Pairs in FX blackdogfx Currency Futures 5 September 12th, 2013 10:27 AM
What other markets trade like the CL skyfly Traders Hideout 34 May 15th, 2011 12:44 PM
Trading correlated markets josh Traders Hideout 10 March 28th, 2011 10:59 PM
CL trading times inventories impact markets tony2604 Commodities Futures Trading 22 August 15th, 2010 01:02 PM

All times are GMT -4. The time now is 03:00 AM.

Copyright © 2016 by 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 2016-10-25 in 0.06 seconds with 19 queries on phoenix via your IP