What else to watch with crude?

Discussion in 'Commodity Futures' started by zz, May 30, 2007.

  1. zz


    I basically just have crude charts up of 1, 5, and 30 minutes....which I like, But sometimes I think I should be watching something else like gasoline or something....Are there internals to crude? Or is there another product that leads or am I not missing a thing....Thanks
  2. Time and Sales and Depth of Market?
  3. You definately need to watch the products, mostly just the RBOB unless were getting close to or are in winter.
  4. It seems that in trading there is a desire for certainty ... as opposed to acceptance that each trade is a probabilistic event.

    Volume, bid/ask volume, internals, another index. Or just trade?
  5. I like to watch Brent crude, along with the products.

  6. On Wednesdays at 10AM ET the Inventory
    Report is out. Even if you were not interested in the numbers you may want to stand aside for the wild 5 minutes or so that usually follow.

    Also seasonals are important in Energy like in any commodity market.
    Look them up at: http://www.seasonalcharts.com/

  7. Just thought I would mention the oil report is 10:30AM EST.

    Also natural gas report is Thursday at 10:30 AM EST.

  8. OldTrader thanks for correcting me.