Daily Cheatsheets for Crude Oil and Other Markets
To answer the requests for daily cheatsheets on crude oil and other markets, I need more input from those who are interested in them.
The main issue with crude is that the front month / most active contract do not always stay the same from year to year. It is the very natural of commodities that have strong seasonal effects. It is very often that people are trading both contracts at the same time (i.e. spreads). That means I need some time to think of a way to produce a version of the daily cheatsheet to handle the commodity markets properly.
There should also be specific tools made for these markets too because there are unique trading opportunities related to them that are not available in the index markets.
Input on this idea will help me sort out what is more important and what is not.
Thanks!
Hang Seng, HSCE, and K200 would be great 😉
Which daily cheatsheet feature though?
The long term pattern recognition could be a problem because of limited historical data.
Anything that is possible….there should be ample data available for at least HSI and K200 I would have thought. HSCE probably only like 4-6 years? I can’t recall when the contract became available exactly – it was something like that though.
Really though the best would be a real-time tool for HSI….that would be the most useful and something I’d use every day, all day.
I do not have a lot of data for K200. HSI should be ok.
HSI real-time tool ???? :-O 🙂 😀 sweeeeeeeet !!!!!!
For crude oil, most traders including myself are trading the front month ( Oct 2014 presently) as it has the most volume. Here is info from CME re: rollover date. http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_contract_specifications.html
Trading in the current delivery month shall cease on the third business day prior to the twenty-fifth calendar day of the month preceding the delivery month. If the twenty-fifth calendar day of the month is a non-business day, trading shall cease on the third business day prior to the last business day preceding the twenty-fifth calendar day. In the event that the official Exchange holiday schedule changes subsequent to the listing of a Crude Oil futures, the originally listed expiration date shall remain in effect. In the event that the originally listed expiration day is declared a holiday, expiration will move to the business day immediately prior.