November 2, 2015

Crude, $CL Chart 11-02-2015

Crude 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:

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