Check this out - on tradingview I was able to plot UKOIL-USOIL (minus, not divided by) to see the spread between the two: Date range: Sep 2016 til now: image The spread between the two is 6.11 currently, but has gone as high as 11 in the last ...

Brent/WTI Hedging Strategy

How about CFDs? They're almost perfect. There's just a little complication for us Americans. But all you need is a friend that you trust who doesn't live in the US to fund an account for you. The leverage is great, and that's it. Eezy peezy!

Spot, Futures, ETFs?

Just out a few minutes ago - NHC says it's near hurricane strength. Won't hit land it seems though. Not sure about shipping routes or oil platforms however. image

Hurricane Watch

But I think we need Brent-WTI instead of Brent/WTI. (Brent minus WTI, not divided by) ... I wonder if there's a way to work with that instead though...

Brent/WTI Hedging Strategy

I'm thinking for this type of strategy to be profitable, we'd need an indicator (line chart) that plots the spread between WTI and Brent. So if the spread is well-above X level we'd sell WTI/buy Brent, and if it is well-below X level, we buy ...

Brent/WTI Hedging Strategy

You all out or in for inventory data? I'm putting on a small short position, ready to lose it.

WTI Crude Oil Trading

T-minus 10 minutes... anyone in?

High Impact Events Trading... Energy Edition

Hmm I guess I'll sit it out then. :|

High Impact Events Trading... Energy Edition

Currently in between trades - I gambled a bit and went long hoping there'd be a 50% retracement off the Saudi output news, which I lucked out. Now to regroup and figure out my next direction. ¯\_(ツ)_/¯ My gut is telling me things will settle down. ...

WTI Crude Oil Trading

Was able to get a few dollars from this spike down: Saudi oil output will return to normal quicker than initially thought image

WTI Crude Oil Trading

I'm with you there. I'm fading. Every agency in the world is trying to re-stabilize prices... we'll be back to <$55 in no time. (famous last words?)

WTI Crude Oil Trading

Still negative since I re-opened with a larger position. I'm in no rush, however.

Brent/WTI Hedging Strategy

Perhaps if I continue this on a large scale and close out in profit then it might work. I closed my trades with a minuscule profit, and re-opened with a larger position...

Brent/WTI Hedging Strategy

Am I doing this right? image Been holding this for 18 hours now.

Brent/WTI Hedging Strategy

Well here goes nothing - giving this a shot for Ss and Gs. It's an interesting concept. image

Brent/WTI Hedging Strategy

Would this work after London closes?

Brent/WTI Hedging Strategy