Oil/Cad: Gigantic spread spotted

WTI CRUDE OILTVC

Beskrivning

⋅ 29 dec 2016 10:40

I think it might be a good time to trade this pair, short oil, long cad. You can size each leg based on volatility, to risk 1% per side, if price moves against you by 3 times the average true range value of each instrument. Once the spread closes or is close to closing you can get out of both trades.

Good luck,

Ivan Labrie.

Kommentera

⋅ 29 dec 2016 16:06

Kommentera

⋅ 30 dec 2016 12:49

Acting well, CAD outperforming oil.

Kommentera

⋅ 30 dec 2016 12:50

Kommentera

⋅ 2 jan 2017 13:41

Exit CAD longs, hold oil short.

Trade stängt manuellt

⋅ 3 jan 2017 10:11

Oil didn't top yet, and it's unclear how it'll evolve from here, better be flat.

Handel aktiv

⋅ 3 jan 2017 20:27

I reshorted oil after it turned down today.

Kommentera

⋅ 9 jan 2017 13:13

The spread will probably close, but I think it means oil will drop faster than CAD for a while.

Kommentera

⋅ 16 jan 2017 12:50

Kommentarer

KholleKhokk

⋅ 11 jan 2017 12:51

Thats magical spread closing! Good one Ivan!

IvanLabrie

⋅ 11 jan 2017 13:09

@KholleKhokk, it tends to close, and it's a good signal for moves in both instruments.

felix997

⋅ 30 dec 2016 15:54

here in canada we produce a lot of maple sirup . it exist a shortage in sirup so CAN will go up ;o). have a good year

IvanLabrie

⋅ 30 dec 2016 15:56

@felix997, maple syrup! Delicious :p
Cheers.

Mer