Hello Halil: I do have CQG Qtrader as my main execution platform and can charts spreads nicely with exceptions which I will outline shortly
My energy trades
- Thread starter TraDaToR
- Start date
Here are things i can do and what i cannot do
- I can chart calendar spreads mostly fine (will mention why only mostly)
- I can chart flies and condors but ONLY as a line chart using the Spread function - SPREAD(CLES1Z8-CLES1Z19)
- I can chart using the Bar function - BAR(CLES1Z8-CLES1Z9,1) but since i have only 4 months of data its not good for Daily/Weekly
- Also for contracts that are further out that dont trade much (even though the DOM is quite liquid), since they dont trade much.. i am really not able to chart it well.. and definitely not OHLC
Note: Only in Integrated client can i use chart by Bid/Ask
and i really really wish i could do all this with SierraCharts since now i can have multiple charts instead of 4 tabs on Qtrader (or i pay 500/month for CQG IC)
Note: I can do it with Sierra.. have 2 charts and using the Difference bar function (one minus another) and each can be a calendar.. i can minus or add
- I can chart calendar spreads mostly fine (will mention why only mostly)
- I can chart flies and condors but ONLY as a line chart using the Spread function - SPREAD(CLES1Z8-CLES1Z19)
- I can chart using the Bar function - BAR(CLES1Z8-CLES1Z9,1) but since i have only 4 months of data its not good for Daily/Weekly
- Also for contracts that are further out that dont trade much (even though the DOM is quite liquid), since they dont trade much.. i am really not able to chart it well.. and definitely not OHLC
Note: Only in Integrated client can i use chart by Bid/Ask
and i really really wish i could do all this with SierraCharts since now i can have multiple charts instead of 4 tabs on Qtrader (or i pay 500/month for CQG IC)
Note: I can do it with Sierra.. have 2 charts and using the Difference bar function (one minus another) and each can be a calendar.. i can minus or add
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try CLES1?1-CLES1?13 and set to continuous & spreadbar.
Not sure what your data limitations are, but if this doesn't work just PM or email their support. They are solid.
you are charting the exchange traded spreads? what happens when you chart that spread using the outrights?
Yeah, that's true. But the advantage with CQG which I don't think Sierra will add anytime soon is the amount of ways you can look at multi-legged spreads(>2) and especially if you plan on trading intermarket spreads which may not line up with trading sessions (sierra only lets you set 2 custom session periods). Depends what you want though.
I think I've seen people here use Esignal for spreading?
Yes 2 6+ % days crazy
Ha ha make that 12% today
Ha ha make that 12% today
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Yes. It went in a straight line. I just put the position on Sunday night, noticed I was green monday morning and let it run, watching the P&L once a day like I do with long term positions. It's only when I saw the profit this morning that I realized how crazy it was. Now my decision to liquidate half this morning can appear stupid but I still think it was a good decision. I always liquidate half at the historical norm.
We will see If I am able to liquidate the rest at a good price. I am pretty new to short term energy trades so my position was small.
We will see If I am able to liquidate the rest at a good price. I am pretty new to short term energy trades so my position was small.
By John Kemp
LONDON, Nov 14 (Reuters) - U.S. natural gas prices have
leapt to the highest level for more than four years as the
market tries to conserve scarce gas stocks in the face of
unusually cold weather settling across much of the country.
Futures prices for gas delivered at Henry Hub in January
2019 have surged to more than $4.50 per million British thermal
units, up from just $3.28 at the start of the month, and the
highest since July 2014.
Gas stocks are at the lowest seasonal level for 15 years and
around 15-16 percent lower than at the same point last year and
the five-year average, according to data from the U.S. Energy
Information Administration.
While most forecasters have been predicting a relatively
mild winter across the northern United States because of the El
Niño developing over the Pacific, temperatures have recently
fallen far below the seasonal average.
Until the end of the first week in November, temperatures
had been slightly milder than the long-run average and in line
with the start of winter in 2015, 2016 and 2017.
Since then, however, temperatures have plunged well below
normal across most of the lower 48 states pushing cumulative
heating demand up sharply (https://tmsnrt.rs/2QHeLqG).
Colder than average weather is expected to persist across
most northern and eastern population centres for the next week
according to the U.S. government's Climate Prediction Center.
If the forecast is correct, this will be the first colder
than average start for over three years and increase the
pressure on already-stretched gas supplies.
The confluence of unusually cold weather with very low gas
stocks has sent near-term gas prices surging as the market tries
to limit consumption as much as possible.
Rising prices should encourage gas-fired power producers to
limit the number of hours they run in the next few weeks to
conserve stocks, while price differentials should result in
maximum switching to coal generation.
If benchmark gas prices rise high enough, they could also
discourage LNG exports.
But low inventories have left the market very vulnerable
with price spikes likely to recur later in the winter to cope
with any extended periods of cold weather.
As a result, hedge fund managers have a clear bullish bias
on prices this winter, with long positions still outnumbering
short ones by a ratio of more than 4:1 last week, only slightly
below the multi-year peak of 5:1 set in mid-October.
Related columns:
- U.S. natural gas prices surge on cold weather forecast
(Reuters, Nov. 6) [nL8N1XH5TE]
- Low U.S. gas market stocks tempered by mild El Niño
forecast (Reuters, Oct. 19) [nL8N1WZ45W]
- U.S. power producers coal consumption falls to 35-year low
(Reuters, Sept. 26) [nL8N1WC49O]
LONDON, Nov 14 (Reuters) - U.S. natural gas prices have
leapt to the highest level for more than four years as the
market tries to conserve scarce gas stocks in the face of
unusually cold weather settling across much of the country.
Futures prices for gas delivered at Henry Hub in January
2019 have surged to more than $4.50 per million British thermal
units, up from just $3.28 at the start of the month, and the
highest since July 2014.
Gas stocks are at the lowest seasonal level for 15 years and
around 15-16 percent lower than at the same point last year and
the five-year average, according to data from the U.S. Energy
Information Administration.
While most forecasters have been predicting a relatively
mild winter across the northern United States because of the El
Niño developing over the Pacific, temperatures have recently
fallen far below the seasonal average.
Until the end of the first week in November, temperatures
had been slightly milder than the long-run average and in line
with the start of winter in 2015, 2016 and 2017.
Since then, however, temperatures have plunged well below
normal across most of the lower 48 states pushing cumulative
heating demand up sharply (https://tmsnrt.rs/2QHeLqG).
Colder than average weather is expected to persist across
most northern and eastern population centres for the next week
according to the U.S. government's Climate Prediction Center.
If the forecast is correct, this will be the first colder
than average start for over three years and increase the
pressure on already-stretched gas supplies.
The confluence of unusually cold weather with very low gas
stocks has sent near-term gas prices surging as the market tries
to limit consumption as much as possible.
Rising prices should encourage gas-fired power producers to
limit the number of hours they run in the next few weeks to
conserve stocks, while price differentials should result in
maximum switching to coal generation.
If benchmark gas prices rise high enough, they could also
discourage LNG exports.
But low inventories have left the market very vulnerable
with price spikes likely to recur later in the winter to cope
with any extended periods of cold weather.
As a result, hedge fund managers have a clear bullish bias
on prices this winter, with long positions still outnumbering
short ones by a ratio of more than 4:1 last week, only slightly
below the multi-year peak of 5:1 set in mid-October.
Related columns:
- U.S. natural gas prices surge on cold weather forecast
(Reuters, Nov. 6) [nL8N1XH5TE]
- Low U.S. gas market stocks tempered by mild El Niño
forecast (Reuters, Oct. 19) [nL8N1WZ45W]
- U.S. power producers coal consumption falls to 35-year low
(Reuters, Sept. 26) [nL8N1WC49O]