maybe you could expand on your thoughts regarding the grains in general. Personally I haven't a clue where any of this is trading but many lurkers would be interested in how you approach this part of the market. I imagine you get some good trending markets in grains.
How did you test you hypothesis? Or is it just an opinion? Some time ago I checked and if I remember correctly first two days of the month were high or low of the month about 40% of the time.Frankly though, i dont see that the first day, or couple days, of a month are significant.
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dec/dec and wti/brent both failed at Weekly Aups this morning. i'm more confident in the dec/dec actually having follow through though. i'm hearing most physical oil traders think arb is going to -3.00
dec/dec and wti/brent both failed at Weekly Aups this morning. i'm more confident in the dec/dec actually having follow through though. i'm hearing most physical oil traders think arb is going to -3.00
Hoop, do you track the RBHO spread? Its taking a beating today and my model is still not upto speed with any spreads. Do you mind sharing your thoughts on RBHO if you track it?both followed through today
the Dec15/Dec16 WTI has been trading beautifully. very smooth failed Aups. -17 on the monthly for me
Hoop, do you track the RBHO spread? Its taking a beating today and my model is still not upto speed with any spreads. Do you mind sharing your thoughts on RBHO if you track it?