CL Redux

Don't trade oil, yet. However have been lurking. Noticed that today (Monday) the volume shifted over from September to the October contract. Does the rollover typically happen about 3-4 days prior to the 25th of the month? Is there a specific date each month based off of the 25th?
 
Quote from high99:

Don't trade oil, yet. However have been lurking. Noticed that today (Monday) the volume shifted over from September to the October contract. Does the rollover typically happen about 3-4 days prior to the 25th of the month? Is there a specific date each month based off of the 25th?
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Last Trading Day: Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading shall cease on the third business day prior to the last business day preceding the 25th calendar day.


Volume change over usually falls on the 17th /18th of the month. Check volume here

http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

I change over after the day that runs at about 50% volume on both, which was Friday
 
Yes. Noticed Friday the two contracts were about the same in volume, which was the "tell" that things were about to change. Some nice daily action today. ES is a snooze fest.
 
Made a mistake yesterday that put 70 ticks in my pocket.

I put a sell stop in, failed to realise the price was incorrect, came back later to find myself filled, fortunately the market was way lower :D
 
Quote from Visaria:

Made a mistake yesterday that put 70 ticks in my pocket.

I put a sell stop in, failed to realise the price was incorrect, came back later to find myself filled, fortunately the market was way lower :D
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Why when I do that I lose like 2k in a half hour?

If this bitch gets to 98 I hope it coincides with an 81 DX because than I would feel much better about being short.:p
 
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