Pretty good site for info and news about oil.
http://oilprice.com/oil-price-charts
http://oilprice.com/oil-price-charts
How do you trade crude oil?
- Thread starter bizkitgto
- Start date
Read the article, it is a bit outdated regarding some of the key times he mentions. Was written in 2013. The WTI market is certainly different now.
The best instrument based on a leverage and accessibility standpoint (23 hours per day) is CL futures. CL is a futures contract trade on NYMEX a sub exchange of CME. The front month is currently November 2017 and this contracts rolls once per month.
In my opinion, the best way to trade all markets is technically. Find a balance between TA (technical analysis), Trade management and Risk Management. Experience is the best teacher, repetition is the father of learning.
In my opinion, the best way to trade all markets is technically. Find a balance between TA (technical analysis), Trade management and Risk Management. Experience is the best teacher, repetition is the father of learning.
The front month is December. Trading ends in November. December is delivery month.
Indeed. LTD for Nov CL was last Friday. If you still have an open position in Nov CL, Guzman, you're in a bind now, possibly.
Hope you're a daddy now!
Some interesting short-read on Saudi Arabia public debt and OPEC+ pact http://brokerarena.com/education/fundamental-analysis/austerity-isnt-saudi-arabia/
Selling strangles in /CL when volatility is high enough.My go to is usually the 30 delta strangle.Directionally with /CL debit spreads looking for a volatility pop and/or the right call on direction in lower volatility environments.