Natty Calendar Spread

Discussion in 'Commodity Futures' started by bone, Apr 28, 2015.

  1. bone

    bone

    I had a client short this spread a couple weeks into March. For this type of scenario ( massive range extension ), our rules call for the use a Fibbo extension as a profit target - which was reached this week.

    [​IMG]
     
  2. trilogic

    trilogic

     
  3. trilogic

    trilogic

    can we get an update this trade ?
     
  4. bone

    bone

    Profit target was reached this week.
     
  5. trilogic

    trilogic


    Why Augy Oct ? 15' thnx
     
  6. bone

    bone

    At that time of trade entry, there were a few NG calendar pair spreads that fit our model and rules set in terms of a good entry - but this particular spread combination offered a slightly better risk / reward profile as I recall.