Australian (ASX) Stock Market Forum

Crude intraday

lol, up the stairs and down the elevator anyone?

:eek: What a sweet move, it was like a freight train, definitely steak for dinner for those who caught that ;)

I think I got it all backwards, it should be sleep all day, trade all night :D SPI is like watching paint dry after HSI and Crude :p:

Its still trying to go lower too
 

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Sure is a big move................

Sometimes your stop loss will not trigger if the gap is too close. Been caught a number of times.

Have a look at Google - code GOOG When it is hot o mannnnnnn...

Good to trade the US market, but after sometime my body clock goes cuckoooooo.
 
lol, up the stairs and down the elevator anyone?

:eek: What a sweet move, it was like a freight train, definitely steak for dinner for those who caught that ;)

I think I got it all backwards, it should be sleep all day, trade all night :D SPI is like watching paint dry after HSI and Crude :p:

Its still trying to go lower too

whats that blue and green indicator u got going on?
 
Calling all Crude day Traders.

I have been having a good look at crude this week. quite the market. From what i have seen this week compared to FX in behavior, a lot better.

Are any other members playing CL on intraday?

Well I am planning to start live trading on it next week through Interactive Brokers. i am planing to start on a very short term see how it goes.

I read Wednesday's can be interesting due to oil inventories report.

please join in any other oil traders here on asf with information or trades.
 

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Re: Calling all Crude day Traders.

I have been having a good look at crude this week. quite the market. From what i have seen this week compared to FX in behavior, a lot better.

Are any other members playing CL on intraday?

Well I am planning to start live trading on it next week through Interactive Brokers. i am planing to start on a very short term see how it goes.

I read Wednesday's can be interesting due to oil inventories report.

please join in any other oil traders here on asf with information or trades.

Love CL!!

Tonight has been one hell of a night in the US, some real movement, great for us intra-dayers :D

There is another thread on Crude Intraday, dunno if wanna go over there, upto the mods, I'm not fussed.

ES a 20 point range too so far! Hasn't done that in a while.
 
Re: Calling all Crude day Traders.

Love CL!!

Tonight has been one hell of a night in the US, some real movement, great for us intra-dayers :D

There is another thread on Crude Intraday, dunno if wanna go over there, upto the mods, I'm not fussed.

sorry to start a new thread then..... got a link for it?

Yeh tonight was something special! but the whole week has been very strong. is this the general mood of the market or is this above average volatility?
 
Re: Calling all Crude day Traders.

sorry to start a new thread then..... got a link for it?

Yeh tonight was something special! but the whole week has been very strong. is this the general mood of the market or is this above average volatility?

Nah don't apologize, I'm fine with a new thread, prefer it actually.

Well for me personally, I haven't seen the ES this active for a fair while(I think it was consumer sentiment that sent everything into a spiral tonight?), it has been relatively quiet since I have been following it, I think it used to be like it is tonight a while back, CL on the other hand is usually pretty nuts, very fast, Gold is similar to CL, both really good to trade.

Link to other thread: https://www.aussiestockforums.com/forums/showthread.php?t=13676
 
Threads have been merged.

Crude rocks, Gold is also ok but I prefer Crude.

Has been a very good week for trading CL & GC.
 
Re: Calling all Crude day Traders.

Nah don't apologize, I'm fine with a new thread, prefer it actually.

Well for me personally, I haven't seen the ES this active for a fair while(I think it was consumer sentiment that sent everything into a spiral tonight?), it has been relatively quiet since I have been following it, I think it used to be like it is tonight a while back, CL on the other hand is usually pretty nuts, very fast, Gold is similar to CL, both really good to trade.

Link to other thread: https://www.aussiestockforums.com/forums/showthread.php?t=13676

Hi guys, good to see some night owls.
Have you tried Nymex copper? It moves quite well. I'm not trading it but I monitor it. I'm more into ES. Right now it hit a weekly PP support and just stayed there. Big new in the US about Goldman Sucks.
 
Re: Calling all Crude day Traders.

Nah don't apologize, I'm fine with a new thread, prefer it actually.

CL on the other hand is usually pretty nuts, very fast, Gold is similar to CL, both really good to trade.

that's great to hear, as I have found it alot more cleaner then FX on intraday. It's actually very exciting to find this. I am still not sure what time frame I will tackel it on. I will start on 2min see if it's to short, has been going fine all week on the sim account. Fast but not to fast to handle. comms are also great $2.31 a side very cheap.

while i wrote the thread another ent came and went for .20 cents!

glad to see other members are also trading CL on the intraday.
 

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Re: Calling all Crude day Traders.

that's great to hear, as I have found it alot more cleaner then FX on intraday. It's actually very exciting to find this. I am still not sure what time frame I will tackel it on. I will start on 2min see if it's to short, has been going fine all week on the sim account. Fast but not to fast to handle. comms are also great $2.31 a side very cheap.

while i wrote the thread another ent came and went for .20 cents!

glad to see other members are also trading CL on the intraday.

Lots of movement, good trends.

I trade off 1 min charts and find it very clean, I personally don't like FX and after trading this you can understand why;):p:
 
Anything that’s run out of US exchanges and you’ll see the same
patterns over and over again

Pick a number of markets like the S&P, Crude & Euro and just wait for
the patterns to appear.

I’m not sure it makes a difference whether it’s a 1 minute chart or a
2minute chart, it’s finding the trades that align with support &
resistance levels.

If it doesn't align in Crude i'm sure there's a trade in the S&P or Euro.
 

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Anything that’s run out of US exchanges and you’ll see the same
patterns over and over again

Pick a number of markets like the S&P, Crude & Euro and just wait for
the patterns to appear.

I’m not sure it makes a difference whether it’s a 1 minute chart or a
2minute chart, it’s finding the trades that align with support &
resistance levels.

If it doesn't align in Crude i'm sure there's a trade in the S&P or Euro.

Yeah I agree with Frank here, be great if you could keep posting in here too Frank :)

There is some really good alignment/correlation between the US zone markets, it was really good last night, watching the currencies along with the ES and Gold all with CL.
 
Re: Calling all Crude day Traders.

I have been having a good look at crude this week. quite the market. From what i have seen this week compared to FX in behavior, a lot better.

Are any other members playing CL on intraday?

Well I am planning to start live trading on it next week through Interactive Brokers. i am planing to start on a very short term see how it goes.

I read Wednesday's can be interesting due to oil inventories report.

please join in any other oil traders here on asf with information or trades.

If youve have only been watching it a week, probably best to keep simming before going live. You can loose alot of money really fast on this thing.

I would never consider trading it off a 1min chart!! and if you take your entries from a DOM then you might need to consider using Booktrader or Xtrader because NT cant show the 10 levels for each side that is sent out by the exchange.

All I'd say is you need to be able to quickly flip and reverse without hesitation but at the same time be able to ride it when its starting to move because it can go 100ticks either way at the drop of a hat.

Its definitely a leading market, it does what it wants and a lot of the time other things follow.
 
Re: Calling all Crude day Traders.

If youve have only been watching it a week, probably best to keep simming before going live. You can loose alot of money really fast on this thing.

Hi NS, thanks for your post.

due to two facts I will start trading live this week. 1. I have not changed systems so the rules are the same no need to get in sync with new rules in approach. 2. I have had a lot of experience trading on a 1min time frame. I traded the GBP/JPY and cable for many months.

I would never consider trading it off a 1min chart!! and if you take your entries from a DOM then you might need to consider using Booktrader or Xtrader because NT cant show the 10 levels for each side that is sent out by the exchange.

I will start on 2min and see how that goes. If it's to fast I will move up. I only use book trader to trade like this.

All I'd say is you need to be able to quickly flip and reverse without hesitation but at the same time be able to ride it when its starting to move because it can go 100ticks either way at the drop of a hat.

No I don't flip and it's not fast compared to what I have seen on the GBP/JPY. depending on the range I shoot for 2x what it is. once in a position I get to BE ASAP.... if the range is 10+ I try to hod a little longer, as the vol is up. there's a few more things to it but no point listing em all.

I use Nt for charting. why Oil is so attractive is its nature of movement compared to FX, the movements are cleaner IMO.

cheers,
 
Re: Calling all Crude day Traders.

Hi NS, thanks for your post.

due to two facts I will start trading live this week. 1. I have not changed systems so the rules are the same no need to get in sync with new rules in approach. 2. I have had a lot of experience trading on a 1min time frame. I traded the GBP/JPY and cable for many months.



I will start on 2min and see how that goes. If it's to fast I will move up. I only use book trader to trade like this.



No I don't flip and it's not fast compared to what I have seen on the GBP/JPY. depending on the range I shoot for 2x what it is. once in a position I get to BE ASAP.... if the range is 10+ I try to hod a little longer, as the vol is up. there's a few more things to it but no point listing em all.

I use Nt for charting. why Oil is so attractive is its nature of movement compared to FX, the movements are cleaner IMO.

cheers,

I prefer trading it off the 1 min chart, and I haven't seen it lead anything yet, other way round if anything....but thats just me, just go with what you feel suits you best and stare. But I'm sure you've heard all that before, so I'll just shut up :D

Good luck :)
 
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