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It's much complex than you think. There is no formula for getting that spread. All things are considered between two contracts, including: interest rate, supply/demand, storage charge, ... etc. Also the contango or backwardation between months. My suggestion is to trade the month that has...

Hi there, this is my first posting in this forum. I agree that a new EUR bull has started. (I prefer this wave count because that is how my position is accumulated.) Or at least a daily wave-c is underway. However, I don't rule out that the monthly wave-4 has not finished yet, which means...