CL Redux

Quote from Visaria:

Does anyone here trade the WTI-Brent Spread? Very volatile, range of about 5% a day.

I traded it today by shorting Brent and buying WTI.

Was wondering if there is a WTI-Brent Spread future i can just trade?
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It's on ICE
 
On my platform it is WBS. Which happens to be the same symbol as for WTI Crude futures on ICE :confused:

If i i trade it, all it does is executes a market order to buy 1 contract of WTI and executes a market sell of Brent as separate deals i.e. not one bullet spread.
 
Anyone else notice this total correlation flip between ES and CL?

ES making highs and CL feels like it still wants to go lower...haven't seen that for a while.
 
why can't we just go to 90 and get it over with? now it's just going to form another bear flag over the next couple of hours and then breakdown at 2:30. of coarse since i'm saying this that would have just been the bottom and my greediness and ego will erase everything i've made today.

Although i guess i could just get out of everything and wait to see what forms... hmm thinking out loud kind of helps sometimes.
 
It will get there, to hit stops at least, but the tickle algos have throw in some 30-40 tick order-flow hunting before they commit to forcing it down.

Wasn't enough flow to drive it through the first time here, so they're pulling their offers and bidding it up to take your positions.

Standard operating procedure.
 
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