I trade the cracks....delicately. LOL. They'll grow some hair on your chest if you have none. I've modeled them well with ACD. Brent/WTI I've had more problems with. Still working on that model.
is there any reason you never traded CL intermarket spreads.. IE.. Dec/june/dec flys.. or even just pairs of any sort.
Terrible for ACD. I am an ACD man. I have no edge in that market so I don't trade it. Same reason I don't trade baseball cards or play Keno. LOL. Now the crack spreads are different story. ACD works amazingly well for them and has caught some stratospheric moves.
No, not DX. I'm talking about following the risk around the world. You can get a great feel for risk appetite by watching where the money is flowing. Do you think it's a coincidence that the spoos are strong while the Aussie is catching a bid? Or the Peso which has been rocking to the upside. Do you really think it's risk off when money is flying into Mexico? LOL. I've said this before and I will say it again. Why? Because it's that important. I don't care if you ever trade a currency in your entire life, but you better be watching them. It's not that difficult to follow them. It will absolutely add to your bottom line.
thanks for sharing.. are you constructing the contracts yourself or trading RM .. crack spread futures? or something else?
The futures are the most efficient because you get margin relief. You can trade the ETF's though. USO for oil, UHG for heating oil and UGA for gasoline. But that way is more margin intensive.
and i reading this right?? you have your monthly A up at 111? and how long till its a confirm... what i mean is how long does it have to sit above the A up for it to confirm an A up..
Mav, you have a potential pullback level to add to a position? Seems to be digesting yesterday's move for now.