Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Updated June 27, 2024
Top Posters
looks_one
SMCJB
with 685 posts (1,275 thanks)
looks_two
mfbreakout
with 303 posts (479 thanks)
looks_3
WilleeMac
with 275 posts (218 thanks)
looks_4
ron99
with 165 posts (262 thanks)
Best Posters
looks_one
SMCJB
with 1.9 thanks per post
looks_two
mfbreakout
with 1.6 thanks per post
looks_3
ron99
with 1.6 thanks per post
looks_4
WilleeMac
with 0.8 thanks per post
trending_up
683,443 views
thumb_up
3,559 thanks given
group
286 followers
forum
2,701 posts
attach_file
644 attachments
January 8th, 2016, 05:02 AM
Italy (IT) Italy
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985
Take your Pips , go out and Live .
Luke.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
January 16th, 2016, 11:05 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
Random Musings....
Back end getting smashed, potentially even more than the front on a relative basis .
January 16th, 2016, 11:18 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
Slightly different time frame, rather than last 2 years, starting 20-Jun-14 which was the $107.26 peak close before the sell off. R^2 improves from 94.4 to 96.3 but current month 30 prices still uncharacteristically low.
January 17th, 2016, 05:46 AM
Rio de Janeiro, Brazil
Experience: Beginner
Platform: SC, S5T
Trading: Es
Posts: 617 since Jan 2013
Thanks Given: 321
Thanks Received: 591
SMCJB
Random Musings....
Back end getting smashed, potentially even more than the front on a relative
basis .
This implies "lower for longer"?
January 17th, 2016, 08:49 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
Profiler
This implies "lower for longer"?
That's my interpretation.
January 17th, 2016, 05:33 PM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
Quoting
Prospect of the Islamic Republic (Iran) pumping an additional 500,000 barrels a day sends stock markets in Dubai and Saudi Arabia into tailspin
Stock markets across the Middle East collapsed as the lifting of economic sanctions against Iran threatened to unleash a fresh wave of oil onto global markets that are already drowning in excess supply.
All seven stock markets in Gulf states tumbled as panic gripped traders. Dubai's DFM General Index slumped 4.8pc to 2,682.56, while Saudi Arabia's Tadawul All Share Index collapsed by 7pc to 5,409.35, its lowest level in almost five years.
https://uk.finance.yahoo.com/news/iran-sanctions-middle-east-stock-102835505.html
January 20th, 2016, 07:20 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
Quick rundown on /CL, current conditions etc
Oil Under $28: Counting the Cost - Bloomberg Business
-William
January 21st, 2016, 10:48 AM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
Quoting
Oil derivatives traders have
bid U.S. benchmark West Texas Intermediate crude to a
premium versus global market Brent for the first time since the shale boom began in 2010, a rally that emerged after the abrupt end of an export ban that producers said had forced them to sell domestic oil at below-market rates.
As a result of the inversion, which is now evident in every
contract out to August 2017, importing light, sweet crude to the United States has become economical for the first time in years. Vessels carrying up to 500,000 barrels of day of Norwegian and Nigerian crude are expected to arrive at U.S. ports in the coming weeks.
While the economics may work today, some traders in the cash market for domestic U.S. crude worry that it is sowing the seeds of a further slump in prices that could emerge this spring.
U.S. oil import binge: distorted derivatives or shale bust? | Reuters
Quoting
The chief concern of physical traders is Cushing, Oklahoma, the biggest U.S. storage hub. Inventories here have risen to record highs at just 9 million barrels shy of their theoretical limit, U.S. Energy Information Administration data show, and filling to the brim could trigger another leg down in the 18-month price rout.
"After you build stocks for 10 weeks in a row, we all know what path we're on. March looks to be a good litmus test," said John Saucer, vice president of research and analysis at Mobius Risk Group in Houston.
The builds in Cushing will likely be exacerbated by BP Plc conducting two weeks of planned work on its 250,000 barrel-per-day crude unit in Whiting, Indiana, starting in early March.
January 21st, 2016, 11:30 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
Thanks Ron.
The move in Brent-WTI is very surprising to me.
Last Updated on June 27, 2024