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Crude, $CL Chart 11-02-2015

crude_CLCrude continues to have more “moments” of 20+ tick moves than the equity markets over the last 5 trading sessions.  In the absence of any strong economic or oil related news trading was primarily a steady ebb and flow producing solid enough signals for trading.  Today’s net total of +51 ticks was per contract and using my  “signal to signal” strategy.  This implies that buy or sell entries were taken on all generated signals.  The gross total for Monday was +76 ticks per contract.  I  allow 25 ticks, minimum for slippage and commissions, again based on “one” contract traded.

 

Check out the chart below for today’s trades:

2015-11-02_13-09-29

 


Tags

$CL, Crude, Crude Oil


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