Recent content by TheEnergyTrader

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    Republican Mainstream Flirts with Brief US Default

    even if they came up with a deal right now, the damage to confidence is made already. USA shouldn't be playing with fire here, US treasury bonds still holds a premium that may be lost if these Washington bastard keep playing. They don't realize that USA is luckily enough to pay such low...
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    Roll Out Question

    Check out this link http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_product_calendar_futures.html last-trading date is accurate, this month last trading date is JUL-20, so rollover will take place 15-18-19, usually the rollover peak 2 days before last trading date, so it...
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    Any pro forex day traders and crude

    regarding most traded futures by daytraders you have: ES, CL, TF, 6E, SI, GC, NQ, and in a second level ZN, ZS, YM, ZB, DX, NG, RB, HG, 6B. If you want to see where daytraders are you should check open interest vs day volume in futures, or day volume / float ratio in stocks.
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    Any pro forex day traders and crude

    Regarding forex, many of the pairs are better to be played with futures rather than spot, as in the futures market you dont have to deal with spreads and you have less slipagge. Problem is that you dont have exotic pairs. Of course that forex brokers would never tell you such thing forex...
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    reguarding open interest

    Yea I understand your point. I have a friend who always says when the market goes up ''check how much volume up enter the market'' and my response is ''ok, but for 1 buyer there is 1 seller so isn't that subjective"
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    $100 contest- Where will S&P be on 7/2/2012

    actually (in math terms) if you make a poll like this always the average will be near today's levels because people will take today's level as reference and some optimistic by nature will add some points and some pessimistic will take some points, if you polled enough people then you will have...
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    Highest volume/lowest slippage futures

    actually Es slipagge is not so good compared to others, TF and CL offers lowers spreads and enough volume to trade. YM may be also an alternative to ES if you're trading less than 5-7 contracts pers side.
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    How many contracts should I trade using this method?

    You should ask yourself the following: 1) How much money Im willing to risk per trade 2) How much negative trades in a row I may have - in a worst case scenario, not an optimistic one 3) then, at how many wrong trades of blowing up the account I am.. after that you do the math. In my...
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    CL Redux

    If you want to see the empty glass... CL run from 89.80 to 99.40 was a little shy compared against other products, given the rally that took place (mostly in stock indexes), and as soon as we have a reason to sell, CL was the weakest, compared to indexes, his european cousin (brent) and also...
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    reguarding open interest

    actually if the open interest is 2000 contracts, you dont have to divide by 2, as there are 2000 net long and 2000 net short positions, 2000 is the number or contracts opened. (or options) check out this link, may be will help http://www.investopedia.com/terms/o/openinterest.asp
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    Brent Vs WTI type of traders

    Discussion about who is the benchmark will continue as the spread widens, besides that discussion seems pointless. It's amazing how the CL fail to recover yesterday afternoon even with brent and other markets recovering (such as equities, gold, silver). here is a chart with the comparison...
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