Will Fed affect the CL, do you trade it? - futures io
futures io futures trading

Will Fed affect the CL, do you trade it?

Discussion in Commodities

      Top Posters
    1. looks_one sptrader with 1 posts (1 thanks)
    2. looks_two Upupandaway with 1 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 liquidcci with 1 posts (1 thanks)
    1. trending_up 1,054 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Will Fed affect the CL, do you trade it?

(login for full post details)
  #1 (permalink)
Experience: Advanced
Platform: NinjaTrader
Trading: CL Crude Oil
Posts: 281 since Sep 2011
Thanks: 168 given, 166 received

Just wondering if anyone has ever experienced Fed day on the CL. What it was like, if goofy or tradable?

Visit my futures io Trade Journal Started this thread Reply With Quote

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
(login for full post details)
  #3 (permalink)
Experience: Advanced
Platform: MultiCharts
Broker: IB & Iqfeed
Trading: ES , CL
sptrader's Avatar
Posts: 543 since Apr 2010
Thanks: 1,094 given, 696 received

The Fed, IF it makes a move, can effect the US dollar and that in turn can have a big effect on CL, so be careful.. (strong US dollar usually means weak CL )

Reply With Quote
The following user says Thank You to sptrader for this post:
(login for full post details)
  #4 (permalink)
Austin, TX
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
liquidcci's Avatar
Posts: 865 since Jun 2011
Thanks: 610 given, 1,070 received

I turn my strategies off about 30 min before Fed announcement and leave off for about 30 min after. If I am in a position before that window I will exit. Can get wild gyrations at times depending on what they say. Crude is fast on a slow day. Add in any kind of fuel and it can get dangerous. My main worry is stop getting jumped by a large amount. The only other time I turn off is when the crude weekly inventory report comes out.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
The following user says Thank You to liquidcci for this post:

futures io Trading Community Traders Hideout Commodities > Will Fed affect the CL, do you trade it?

Last Updated on June 21, 2012

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Battlestations! Show us your trading desk - $1,500 in prizes!


Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only

Importance of Finding Your Own Way w/Adam Grimes

Elite only

New Challenge (TBD)


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@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