That screen shot made me laugh because that's how I started trading oil in the first place. Early on, I only traded stocks and in the old ET chat room, I called a stock trade on Colgate-Palmolive. I said, "Short CL @ $xx.xx" and my friend who's a futures trader said, "NoD's trading crude oil!!!", like I was a total nut case or something. Well, that made me curious and I brought up a DOM for CL the oil contract and was rather intrigued by it. Eventually I was sim trading it, but it scared me to death with those crazy moves out of nowhere (I didn't know anything about the inventory report at the time). Once you hang around CL for a while, though, it grows on you and after many months in sim with it, and talking to the Redux traders about what to be careful of, I finally decided it was my main squeeze
You guys who trade oil. Do you have a a 24 hour chart or are you only using US opening hours or perhaps tick charts? TIA
24 hrs TradesStation does not have a crude symbol for US opening hours like it does for @ES.D ( emini S&P ) etc...
24 hours. NoEmotions, you can probably change the hours you display in the chart itself, no need for a RTH symbol. Wholesale inventories in about 5 minutes. Euro affected by its periphery problems, but gold breaking new records (weak dollar). Good luck/skill everyone.
Thanks, I was able to create a custom session, may be this weekend I will study charts US session only and see if I find something interesting. Today I had 2 longs both went 200 but I took 120 and 10 only 120 + 10 < 400. I am slowly getting inclined to strict 200 or loss kind of trade ... lets see