This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Crude intraday

Jump to new
Trembling Hand said:
I reckon the sweet spot is around Europe open to before US open (9:00 am New York time)
Click to expand...

Amen, I had a go at it the other night, and found it quite easy during those hours.. but as soon as it hit 830am EST... all hell broke lose, I knew it would be fast... but it was Fu*King fast!

 
Naked shorts said:
Amen, I had a go at it the other night, and found it quite easy during those hours.. but as soon as it hit 830am EST... all hell broke lose, I knew it would be fast... but it was Fu*King fast!
Click to expand...

yeah i really enjoy those euro hours for oil, currencies, gold, S&P etc, nice action but not too hectic (generally)
 
MRC & Co said:
but there was a lot of volume today.
Click to expand...

Damn! Got that right! I take it this is enormous volume at the moment? Up around the 10-12K, considering Fridays volume around the same time was like 2-500, and max of about 7.5K in the US session.
 
ThingyMajiggy said:
Damn! Got that right! I take it this is enormous volume at the moment? Up around the 10-12K, considering Fridays volume around the same time was like 2-500, and max of about 7.5K in the US session.
Click to expand...

Is there something up with IBs volume??
 
It was very big volume, well the moves were at least. Generally a couple hundred contracts in 5 minutes is pretty decent, today one bar had over 1000!!!!

Reason I like day session, is it's so thin, you can see paper clearly when it comes in, and paper can move the market quite easily! Trouble is, you have to do size to take advantage of it, and if you get in trouble, you may have to take out a few levels to get out!

Start of pit-session gets a lot of US figures in the same time, along with a lot of crazy paper getting in there doing all kinds of things, so you can spot some, but it is a scary timezone, it can get very hectic and you can easily get caught in the heat and speed of it which means it's def not for those with a weak stomach or not used to live trading, but I reckon if you lived in their timezone, with the speed you have over there, and all the paper in it, it could be an absolute mint with it's volatility AND volume!!!! On that note, anyone even heard of any US prop firms which offer CL futures trading? I wouldn't mind looking into it down the track.

Before it opens, you get some guys trying to pre-empt it, so you can sometimes get a feel for the pit open by this IMO.

Europe for me is still thin, can be very quiet and is harder to spot any paper. But I haven't watched Europe for several months now.

Again though, 90% of all my crude trades are simply order flow, so smooth chart moves etc don't mean much to me which is what some of these other guys may be talking about............?
 
ThingyMajiggy said:
Must be a data issue, I tried refreshing it and its still doing it.
Click to expand...

IB had an announcement early this morning about NYMEX not available. It seems to be linked. You can trade it but their data is stuffed today by the looks of things.
 
Trembling Hand said:
IB had an announcement early this morning about NYMEX not available. It seems to be linked. You can trade it but their data is stuffed today by the looks of things.
Click to expand...

Yeah its gotta be something skew wiff somewhere! I've logged out and back in again, reloaded everything and its still like it, must be IBs end.

Its weird, seemed fine earlier today, just happened in the last hour or two.
 
Just got in touch with IB, they know they have the problem and their programmers are onto it.
 
Yeh, had a look through quite a few of them, but couldn't find many discretionary futs ones in the US for some reason! Let alone in Chic or NY Will search further when I get a lot more time!

NY wouldn't be as cold, and would prob be quicker considering you would be sitting somewhere near the NYMEX. Reckon with the speed and MUCH cheaper bro you would get over there, money would be farily easy pickings in that market! Nxt is trying to get their Gov to let you work there as a prop trader, can't imagine they would take too kindly to our kind!

Maybe in a few years if I'm not a brirrionaire by then!
 
Trembling Hand said:
IB had an announcement early this morning about NYMEX not available. It seems to be linked. You can trade it but their data is stuffed today by the looks of things.
Click to expand...

TH, what market data subscription is required with IB to trade crude. Can't see NYMEX in the market data subscription page??
 
MRC & Co said:
On that note, anyone even heard of any US prop firms which offer CL futures trading? I wouldn't mind looking into it down the track.
Click to expand...
Might be worth asking on here, in the residents questions section.
https://village.albourne.com
I thought it would be a bit of a joke at first, but the quality of the responses I got from people was surprisingly very high. Also, the number of comments in responses means nothing, everyone just PM's you.

MRC & Co said:
Again though, 90% of all my crude trades are simply order flow, so smooth chart moves etc don't mean much to me which is what some of these other guys may be talking about............?
Click to expand...

Me? Yes of course I need smooth charts for my 50/200 MA crossover system
 
Had another crack at it tonight... and well, you know what... I think im in love! Its so easy to read, and it always seems to be wanting to move somewhere, plus its quite easy to get in on a runner.

CL where have you been all my life!
 
Naked shorts said:
Had another crack at it tonight... and well, you know what... I think im in love! Its so easy to read, and it always seems to be wanting to move somewhere, plus its quite easy to get in on a runner.

CL where have you been all my life!
Click to expand...

Get back, she's mine!!

Its great to trade, compared to everything else I trade anyway, and it seems real easy to get in and out, missed out on a couple of ripper trades too last night

You trade the first hour or so Naked? .....ok that sounds bad.
 
Oil rocks.

Anyone catch that short from 83? I got filled @ 83.10, it was gooood see what you guys mean when you say really fast though, I should have milked it for all its worth, but instead I just gave the tit one yank

Should have reversed it after I got out too, something that I need more work on, I often notice how its usually a strong move the opposite way once I'm out, but I exit and leave it at that, content with what I have done, lots of good opportunities missed out on though I think.
 
You must log in or register to reply here.

Similar threads

August 2024 DDD
2 3 4
Replies
75
Views
19K
ducati916
Roller's Intraday futures journey
23 24 25
Replies
483
Views
53K
Roller_1
Ozempic: Magic Pill or Devils Bargain?
Replies
10
Views
2K
sptrawler
R
Best Books I Read Last Year
Replies
18
Views
4K
MDWake
R
21 Lessons in Investing
Replies
6
Views
3K
divs4ever
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...