After a few days of trading CL, it turns out that a big factor moving the oil market is the FX rate change, specifically, EUR/USD pair. A calendar spread on CL will remove this FX factor so the focus can be on the oil price actions.
Monthly Archives: August 2013
NASDAQ down today and option trade busted
Got an option trade busted likely related to NASDAQ shutdown.
QE Tapper Talk & Market Volatility
We are waiting to read the latest FOMC Minutes tomorrow and anticipate another gyration.
Start trading CL
CL contract is priced in decimal, which moves pretty fast on a phone screen!