The CL Crude-analysis Thread (Page 82) - 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:125,920 / 1,754
Last Reply:December 4th, 2016 (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 March 24th, 2015, 11:31 PM   #811 (permalink)
Trading for Profit
Kansas City, MO U.S.
 
Futures Experience: Intermediate
Platform: ToS, Ninja
Favorite Futures: ES, Currency, Tacos
 
DrewDown's Avatar
 
Posts: 211 since Mar 2015
Thanks: 301 given, 117 received

Well, I suppose consensus before the morning report is that supplies have risen more. I'm really curious as to what will happen, seeing as we've been back up the last few days. Might hold off on trading oil tomorrow until the word comes down.

Reply With Quote
     

Old March 25th, 2015, 03:15 PM   #812 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,586 since Dec 2013
Thanks: 1,395 given, 2,362 received
Forum Reputation: Legendary

Quiet here today.
Anybody think they will push it to $50 today?

Reply With Quote
     

Old March 25th, 2015, 03:27 PM   #813 (permalink)
Elite Member
wa/ usa
 
Futures Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
Favorite Futures: CL ES 6C 6E
 
Posts: 254 since Oct 2012
Thanks: 197 given, 436 received



SMCJB View Post
Quiet here today.
Anybody think they will push it to $50 today?

Analysis paralysis, Read post#82. Posted 2 months ago. That's when cl said enough is enough. When a $50 down move suddenly stops you have to stop and take notice who's buying and why. Same thing in stocks when a stock sells off on good earnings it's telling you something whether you listen or not , your wallet will let you know

Putting in a bottoming range now 5100+ is the composite vpoc now the comfort zone


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by garyboy275; March 25th, 2015 at 03:38 PM.
Reply With Quote
     

Old March 25th, 2015, 04:05 PM   #814 (permalink)
Always Learning
Tampa, FL, USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Ninja/ Continuum
Favorite Futures: Commodities
 
Posts: 24 since Jan 2015
Thanks: 61 given, 17 received

From a fundamental standpoint, a weaker dollar, positive economic development in Germany and crisis in Yemen seem responsible for the push higher, not sure how high it will go but above 50 is possible.

I have noticed that when an asset has been trending for several months, like the strong dollar or the sliding crude prices. The market reacts aggressively towards events that could temporarily break the trend and maybe not fully account for events that would other wise continue the trend. The inflation figures didnít help the dollar much and the supply glut didnít cause a slide in crude. Or maybe its just me who needs to understand the fundamentals better

Reply With Quote
     

Old March 25th, 2015, 04:49 PM   #815 (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

Futures Edge on FIO

SMCJB View Post
Quiet here today.
Anybody think they will push it to $50 today?

Yesterday and today CL was in a scalpa' paradise mode
Pace of Cush builds slowed last week. This is the reason for this spike (since Mon). Fundamentally no changes since last week for WTI. $50 possible, not sure about today though, we'll see tomorrow what happens next.

Reply With Quote
     

Old March 25th, 2015, 05:58 PM   #816 (permalink)
Market Wizard
Houston, Texas
 
Futures Experience: Advanced
Platform: NinjaTrader; BloodHound
Broker/Data: IB, Rithmic
Favorite Futures: ES, NQ, CL, 6E
 
Posts: 906 since Oct 2012
Thanks: 662 given, 875 received


SMCJB View Post
Quiet here today.
Anybody think they will push it to $50 today?

Globex could tag that naked weekly VWAP at 49.90 tonight. Probably more back filling in those air pockets after that.

Attached Thumbnails
The CL Crude-analysis Thread-cl-05-15-30-min-3_25_2015-.jpg  
Reply With Quote
     

Old March 25th, 2015, 11:44 PM   #817 (permalink)
Elite Member
wa/ usa
 
Futures Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
Favorite Futures: CL ES 6C 6E
 
Posts: 254 since Oct 2012
Thanks: 197 given, 436 received

The quick and the dirty

Mission accomplished so far. Might rotate down --continuation next target is 53.57 or fall back to 5100
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
     

Old March 26th, 2015, 09:15 AM   #819 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,586 since Dec 2013
Thanks: 1,395 given, 2,362 received
Forum Reputation: Legendary


rmejia View Post
Tastytrade had an interesting video last friday about trading calendar spreads on oil futures:

Of course he bought K/N at -326 last Friday and it printed as high as -240 onite.
The Tasty Trade touch of Gold.

Reply With Quote
     
The following user says Thank You to SMCJB for this post:
     

Old March 26th, 2015, 05:00 PM   #820 (permalink)
Market Wizard
Houston TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 1,586 since Dec 2013
Thanks: 1,395 given, 2,362 received
Forum Reputation: Legendary



SMCJB View Post
Of course he bought K/N at -326 last Friday and it printed as high as -240 onite.

So it traded as high as -240 overnight but then when the market sold of K/N sold off as well, eventually trading as low as -304.
Interestingly when the market rallied back, every spread on the board rallied except K/N which eventually settled down at -288.
K/M & M/N both settled DOWN 4c on the day. Every spread between N/Q and X7/Z7 settled UP between 4c and 9c.
n5/z7 settled +180 on the day!

SMCJB View Post
The Tasty Trade touch of Gold.

Well unless they sold in the middle of the night, touch of Gold became touch of Lead.

Reply With Quote
     
The following user says Thank You to SMCJB for this post:
     

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)
 

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

Elite only
 

Trading Technologies: ADL hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January

Ernie Chan: Risk Management

Elite only

Dedicated Trading Servers: Advantages/Disadvantages w/sam028

Elite only

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: TBA

Elite only
     

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 11:21 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 2016-12-09 in 0.13 seconds with 20 queries on phoenix via your IP 54.166.48.3