Search results

Yes, but have noticed that when those levels are hit right near contract expiration, it acts as an attractor to the month coming prompt. look at the past few years in grains and feeder cattle...some very good examples there. Just came off one in feeder cattle. hit the yearly a down as U cash...

Mac makes a great point. In the world I come from...physical commodity trading...it's simply merchandising. Buy low sell high is only half the equation. What is replacement cost? If you bought something at 3, sold it at 4, but replacement cost is 4.5 did you really win? Reminds me of new...

Wouldn't be worth much for the expiring contract to tag yearly a down on its way out. Needs to drag z to that point and with a 22+ carry its gotta blow out.

Haha no not at all. We have an indicator feeding off of an excel platform that adjusts stops / entries and also trade size, as this is for hedging purposes. I just need something that will allow me to code this same process into an auto order instead of having to manually place the order. If...

long time discretionary trader, not a tech / computer wiz at all, and I know nothing about programming. Currently I use CQG and Thinkorswim and have alerts sent to my phone when my indicators / price levels are hit and a trade needs to be entered / exited for overnight moves and when I'm away...

like most things on ET, here I am repeating whats already been said LOL apologies for the copycat post

still flat on the 30 day, but some VERY weak short term n/l in energies. also, within spitting distance of yearly A down in nat gas. just something to think about over the weekend

I agree. Have had a lot of C up/ down trades across various markets lately...but with the neutral number lines the follow through has only lasted overnight and into the morning. Looking forward to getting our secondary monthly levels tomorrow when Z goes prompt.

nice Point C up right into the close in crude oil....

quiet for a whole week...I guess all these neutral number lines are having an effect

can you tell we've been in chop mode in energies? haha...look at the big net changes this morning and still not a single confirmed A up in flat price among the 3, nat gas excluded

I trade quite a few. calendars on all, the cl/bz arb, some rb/ho, but mostly the front 2 month cracks either implied or synth. not sure of any good threads on here.... can be lots of factors depending on which spread you are looking at. oil arb has been mostly affected lately by the...

for those of you who are more options inclined.... http://www.cmegroup.com/trading/energy/crude-oil/futures-style-brent-crude-oil-options.html

as an aside...right after report RBOB structure was being sold heavily....one wrong turn from Joaquin.... Not ACD related, but "feels" like there is little to no risk premium in energies right now.

early b/c no NL confirmation, but today may be a turning point in energies to finally break the 5 wk range. Picture perfect "bad news, good action" it rallies hold

Yes. Use this same method for major grain reports ( one tomorrow in fact). Use the monthly WASDE as a secondary type monthly level for basing a up and down targets. Have toyed with using roll taking a less popular month to top step as the time to set monthly levels as well in grsins...

Second attempt on close yesterday at the monthly a down in heating oil that we have at right around 150 in X. Bouncing today and number lines that are a mess... wk 5 of chop in energies is getting old haha. honestly though...doubt we get a double bottom on a MaD, even with cracks as "cheap" as...

Do you use a 30 day NL on your cracks? We use a much shorter timeframe for our NLs in crack. did that to match a customer's shorter term physical fuel buying needs and decided we liked it. typically go with the short term change in NL trend and trade it into the prior short term NL trend...

I should note that we use a modified time session for our number lines in beans. I don't believe you'd see the same "improvement" over the short term if just looking at the 8:30-1:15/20 day session. So I realize because of this, what I posted may be completely useless to the masses. I...

I agree Mav, it has been, so I'll contribute one thing we saw yesterday. X/X beans. I know not many trade grains and probably fewer spreads, but x/x hit our Monthly A-down yesterday. normally I don't pay much attention to these in bean spreads as they can get blown through easily, but its...