The CL Crude-analysis Thread (Page 45) - Commodities Futures Trading | futures.io
futures.io futures trading
 

Go Back   futures.io

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


The CL Crude-analysis Thread
Started:December 17th, 2014 (02:33 PM) by tturner86 Views / Replies:125,328 / 1,754
Last Reply:1 Hour Ago (01:02 AM) Attachments:450

Welcome to futures.io.

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
     

Reply
 450  
 
Thread Tools Search this Thread

The CL Crude-analysis Thread

Old February 24th, 2015, 12:37 PM   #441 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,580 since Dec 2013
Thanks: 1,392 given, 2,352 received
Forum Reputation: Legendary


kurlare View Post
SMCJB - You trading the heating oil spreads? I am having a near record day riding Mar/Apr down after it's 30 cent blow up.

nah quiet day here. I tend to stay clear of the front spreads - prefer the back's. Relative Value instead of momentum.
I got kicked by CL yday, but due to bad settlements my PnL was actually flat. So even though not done much today I'm down purely as a consequence of market correcting poor settles.

Reply With Quote
     

Old February 24th, 2015, 12:38 PM   #442 (permalink)
Trading Apprentice
Philadelphia, PA, USA
 
Futures Experience: Advanced
Platform: TT(X_Trader), CTS (T4)
Favorite Futures: RBOB Gasoline Futures
 
Posts: 28 since Feb 2015
Thanks: 35 given, 15 received


SMCJB View Post
nah quiet day here. I tend to stay clear of the front spreads - prefer the back's. Relative Value instead of momentum.
I got kicked by CL yday, but due to bad settlements my PnL was actually flat. So even though not done much today I'm down purely as a consequence of market correcting poor settles.

If you don't mind me asking: what kind of size to you use in the distillates (back month spreads) and how long do you hold positions for?

Reply With Quote
     

Old February 24th, 2015, 12:50 PM   #443 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,580 since Dec 2013
Thanks: 1,392 given, 2,352 received
Forum Reputation: Legendary



kurlare View Post
If you don't mind me asking: what kind of size to you use in the distillates (back month spreads) and how long do you hold positions for?

https://futures.io/commodities-futures-trading/34800-calendar-spreads.html#post472248

SMCJB View Post
I trade a lot of CL spreads (ie this post) and some NG spreads, but don't currently trade any of the other energies presently. I've traded Brent, NGLs, Electricity a little Gasoil & a little Fuel Oil in the past as well, but never really traded any RB (or HU) or HO. I think you will find most people here that do trade commodity futures mostly trade outrights.

I used to trade CL-NG spreads, on a Btu basis, (ie CL/5.8-NG) a long long time ago. All OTC and all longer dated rather than spot. Thankfully that was before, CL went to $140 and NG to <$5, which would have blown me out!


Reply With Quote
     

Old February 24th, 2015, 01:07 PM   #444 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading


ziggy123 View Post
I wonder what @mfbreakout is doing today - my guess - sitting on his hands - and rightfully so

Steve


Tried 2 shorts.

#1) Short 49.78 before NY open. CL went to 49.50 area and came back up 49.90 area. Scratched it and waited for NY open.

#2) Short 50.12. Held for 1 hour. Covered some 49.62. Was looking for 49.20 area on rest. US $ got sold off and CL got stuck at ORL. Got out 49.75 on rest.

Since then sitting on hands. This MONKEY business of 30 ticks here and 20 ticks there etc while holding for long period with up and down fast moves without clear trend- is not where i find any edge for myself.

My average HOLD TIME is one hour for both gains and loss. Jerky up and down moves is not good for my trading style.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Reply With Quote
     
The following 2 users say Thank You to mfbreakout for this post:
     

Old February 24th, 2015, 01:47 PM   #445 (permalink)
Trading Apprentice
Columbus, OH
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Oil, gas
 
Posts: 12 since Feb 2015
Thanks: 7 given, 3 received

Futures Edge on FIO

Are you a NinjaTrader user?

 


Cool stuff. If you don't mind my curiosity, what is your background? You clearly have a lot of knowledge about energy deregulation and a breadth of products, must be nice to be so diversified in the brain!

Reply With Quote
     

Old February 24th, 2015, 01:55 PM   #446 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,580 since Dec 2013
Thanks: 1,392 given, 2,352 received
Forum Reputation: Legendary


protokletos View Post
Cool stuff. If you don't mind my curiosity, what is your background? You clearly have a lot of knowledge about energy deregulation and a breadth of products, must be nice to be so diversified in the brain!

Energy trading desks for major energy companies.

Reply With Quote
     

Old February 24th, 2015, 02:23 PM   #447 (permalink)
Elite Member
Caracas/Distrito Capital/Venezuela
 
Futures Experience: Intermediate
Platform: NinjaTrader, Metatrader
Favorite Futures: CL
 
engel532's Avatar
 
Posts: 12 since Nov 2014
Thanks: 43 given, 10 received

throw a coin

Reply With Quote
     

Old February 24th, 2015, 02:29 PM   #448 (permalink)
Elite Member
boston
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: es
 
Posts: 59 since Mar 2013
Thanks: 12 given, 52 received


mfbreakout View Post
Tried 2 shorts.

#1) Short 49.78 before NY open. CL went to 49.50 area and came back up 49.90 area. Scratched it and waited for NY open.

#2) Short 50.12. Held for 1 hour. Covered some 49.62. Was looking for 49.20 area on rest. US $ got sold off and CL got stuck at ORL. Got out 49.75 on rest.

Since then sitting on hands. This MONKEY business of 30 ticks here and 20 ticks there etc while holding for long period with up and down fast moves without clear trend- is not where i find any edge for myself.

My average HOLD TIME is one hour for both gains and loss. Jerky up and down moves is not good for my trading style.

Indeed....HFT's at their best

Reply With Quote
     

Old February 24th, 2015, 04:38 PM   #449 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading

waited for lizard to get out of flat line and short 49.89.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
The CL Crude-analysis Thread-2015-02-24_1534_lizard.png  
Reply With Quote
     
The following user says Thank You to mfbreakout for this post:
     

Old February 24th, 2015, 04:51 PM   #450 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,220 received

Trading


Time slots are important.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
The CL Crude-analysis Thread-2015-02-24_1544_time_slots.png  
Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading > The CL Crude-analysis Thread

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
CL Light Crude Analysis TPO/MP/VWAP/VPOC bobarian Commodities Futures Trading 1806 July 17th, 2015 03:39 AM
CL Crude-nalysis indextrader7 Commodities Futures Trading 227 November 5th, 2014 12:47 AM
Why crude oil (CL) trades mostly 1 contract? fyd49 Commodities Futures Trading 8 May 22nd, 2014 04:27 PM
Miscellaneous Statistical Analysis (the big thread) trendisyourfriend The Elite Circle 29 July 15th, 2013 01:51 PM
Big move on crude analysis josh Commodities Futures Trading 4 March 11th, 2011 10:07 AM


All times are GMT -4. The time now is 02:09 AM.

Copyright © 2016 by 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 2016-12-04 in 0.13 seconds with 20 queries on phoenix via your IP 54.146.141.60