A lot of guys hedging weakness in cash markets plus Whiting going down adding fuel to fire. Cracks and RBHO had been supporting this strength in...
If anyone is interested: Gasoline spreads, MAUp, QAUp = Ripper!
When I started doing what you are about to start, I got my butt kicked. The thing is, you cannot trade intraday A's consistently the same way...
Petro complex at QADn today except RBOB. HO and RB spreads have had an initial failure at their QADn but no confirmation yet. Maybe if outrights...
It is interesting to see this theory play out. I have confirmed MADns all across the petro complex, forwards and spreads included.
Late post but worth noting. WTI settle yesterday was a textbook sushi roll. If you check the Dec contract for RB and HO, ditto. The gas and heat...
The Mar/Apr spread is usually quite wide because of the gasoline spec change but what caught my attention was that it made a QADn today after...
For anyone interested, the RBOB front spread is worth a look...
RBOB... :D ...RBHO got crushed today and currently trading below my QADn and YADn. RB Cracks right up against those ADns. More capitulation on the...
Merry Christmas everyone. Have a great few days with your families. See you in 2016.
HO HO HO! RBHO (the petro widowmaker) up 16 cents since the report on Wednesday! I have never seen anything like this before. HO just hit my WTR...
It is amazing how much confidence you have while trading by sticking with just basic ACD rules. I just didnt get biased long at any point in the...
Got my butt kicked today in the oil markets. Got reminded how much you can lose in just under an hour. Everything that I know about ACD (NLs...
I have been trading products from the short side since the failure at MAUp last week. The last 2 weeks have resulted in 2 straight WAdns. WTI and...
Possible sushi roll in both front RB and HO if 10/1 high gets taken out and we close above either today or even tomorrow.
Thanks Mav. I had started imagining RB at 1.50. Thanks for bringing me back to earth :-).
Anyone else bullish the petro complex? I have been bullish since WTI and brent both failed at my WADn last week. Still bullish since now we are...
Its been difficult trading products this month. Lost track of my NLs mid month - couldn't focus enough. In hindsight, the only good trades were...
FWIW, my MAUp for ES is 1985-1992 and WAUp is 1961-1982 (wide WAUp range because of recent volatility).
HO much stronger than RB at this time, especially as we go back a bit in the curve. Jan HO almost confirming to the upside on the 30 day while the...
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