Anyone see this pattern for oil?

Discussion in 'Trading' started by stock_trad3r, Jun 2, 2008.

  1. It seems like without fault oil will drift lower when the contract begins trading. By 7:00 PM is may be down 2/10 percent by 11:00 it is down 4/10 percent and by 7:00 AM it is down 1.0-1.3 percent.

    Then by 10:00-11:00 AM it goes higher.

    Every time I have observed oil it has done this. Only a handful of times does oil trade in positive territory when the US markets are closed.

    Is it always like this?
  2. Been like this since you have been observing it. Go figure....
  3. Come the time when you make your first trade, the pattern will disappear. :cool: