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Trading CL (Crude Oil futures) #2
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Trading CL (Crude Oil futures) #2

  #31 (permalink)
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Hard to post & Trade CL at the same time!

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  #32 (permalink)
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Stop & Reverse!

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  #33 (permalink)
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  #34 (permalink)
Trade with the flow
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I haven't been posting because I'm testing out trading 9 range instead of 5 min. 5min was mostly profitable for me but the risk was often $300-400. So I'm hoping by trading a smaller timeframe I can do more scalping and have lower risk. So far it's going well.

Earlier in the thread someone asked if about CL rollover and I replied "when the 2nd month contract volume is greater than the front month".

Anyone know about when this happens? Is it the same day like in the indexes? Or is it variable? I'm going over historical charts and sometimes I'm not sure which to use.

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  #35 (permalink)
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cunparis View Post
Earlier in the thread someone asked if about CL rollover and I replied "when the 2nd month contract volume is greater than the front month".

Anyone know about when this happens? Is it the same day like in the indexes? Or is it variable? I'm going over historical charts and sometimes I'm not sure which to use.

CL Termination schedule: NYMEX.com: Light Sweet Crude Oil

Gary


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  #36 (permalink)
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Gary View Post
CL Termination schedule: NYMEX.com: Light Sweet Crude Oil

Gary


Ok so that tells me when trading stops, but i'm looking to know when the 2nd month has more volume.

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  #37 (permalink)
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cunparis View Post
Ok so that tells me when trading stops, but i'm looking to know when the 2nd month has more volume.

Normally just before the expiration date I would assume, but I keep the current and next month contracts up on market analyzer and keep an eye out:

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Gary

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  #38 (permalink)
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Gary View Post
Normally just before the expiration date I would assume, but I keep the current and next month contracts up on market analyzer and keep an eye out:

Attachment 3144

Gary

I wonder if I can use my Tradestation to generate continuous contract tick data for CL?
I can just write an indicator that will write the data out to a file.
And import into Ninja?

it's a pain not having continuous contract. that's the only thing I miss from IQFeed. Well that and stocks.

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  #39 (permalink)
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Energy outlook: Crude correlations and what comes next

Source: Futures Magazine


Futures Mag
Want to know where crude oil is headed? Look no further than George Washington, Dow Jones and the S&P 500. In this new world of economic chaos, supply/demand factors and geopolitics have shifted to the back burner as crude becomes more heavily linked to the U.S. dollar and the stock market. At the end of August 2009, crude was in the $70 range, twice its February 2009 levels.



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  #40 (permalink)
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I'm now doing semi-naked trading. After reading the books book I'm interested in having the 20 EMA on my chart. I don't use it for signals, but just to remind me of where price is and if it's trending , losing momentum, etc. Not really necessary but if you trade 3 markets it makes things quicker. I do not use the dots and will probably turn them off. I'm also not really using volume most of the time but volume is like an old friend so he comes along for the ride.

Here's my first CL trade. Price made a couple lower lows so I entered on a new one. Still open.

I took a break from posting here to see if anyone else would share. SO far not much. If I don't see some participation I'll probably stop cause I don't like talking to myself and it takes time to do it.

The other reason I took a few days off is I was experimenting with range charts and so far I find 10 range and 5 minute pretty close (before the open) so I'm currently using both until I decide.


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