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 -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Updated May 4, 2021
Top Posters
looks_one
myrrdin
with 102 posts (132 thanks)
looks_two
ron99
with 26 posts (75 thanks)
looks_3
SMCJB
with 21 posts (40 thanks)
looks_4
mosalem2003
with 19 posts (9 thanks)
Best Posters
looks_one
ron99
with 2.9 thanks per post
looks_two
SMCJB
with 1.9 thanks per post
looks_3
myrrdin
with 1.3 thanks per post
looks_4
mosalem2003
with 0.5 thanks per post
trending_up
79,613 views
thumb_up
334 thanks given
group
71 followers
forum
280 posts
attach_file
37 attachments
January 10th, 2020, 04:24 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
cornnut
Looking at MRCI spread rec of Buy Sep NG sell Mar NG. Enter 1/24 exit 2/11.
Has been profitable 15/15 years with avg profit of $1,600, max DD of $3,550.
It looks like a quick trade and awfully consistent.
Any reason to shy away from this trade?
I am a bit hesitant with Nat gas at such low prices entering into a bear spread, but this even worked in 2014.
I think it is worthwhile.
Looks like there might be a rise in prices with cold spell coming but I doubt that cold will last. So that should be time to enter this trade.
Yes it did work in 2014 but mainly by luck of getting a high day to enter and a low day to exit.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
January 17th, 2020, 10:26 AM
Muncie, IN
Posts: 11 since Jan 2020
Thanks Given: 7
Thanks Received: 13
Thoughts on buying May Heating Oil 1/19 selling 2/1 recommended by MRCI? Would probably enter Tuesday 2/21 because of holiday.
It has been profitable 14/15 years, with 2,239 avg profit and 6,325 Max DD.
Currently Heating Oil is in a downtrend since the start of Jan, I was thinking of only making this trade if heating oil makes some kind of positive turn. It appears to have made similar positives turns out of downtrends around the entry date in the past.
January 17th, 2020, 11:06 AM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
cornnut
Thoughts on buying May Heating Oil 1/19 selling 2/1 recommended by MRCI? Would probably enter Tuesday 2/21 because of holiday.
It has been profitable 14/15 years, with 2,239 avg profit and 6,325 Max DD.
Currently Heating Oil is in a downtrend since the start of Jan, I was thinking of only making this trade if heating oil makes some kind of positive turn. It appears to have made similar positives turns out of downtrends around the entry date in the past.
Some thoughts:
The chart did not follow the seasonal chart nicely in recent months.
COT data is more or less neutral.
The trade would work in case of a significant cold blast or in case of a severe problem with Iran. I am unable to make a forecast regarding these issues.
In 6 of the most recent 15 years the trade showed a worst equity amount of approx. -1800 USD or less. Check if your are willing to hold the trade through such a problem.
Best regards, Myrrdin
January 18th, 2020, 05:30 AM
Tel Aviv Israel
Posts: 14 since May 2017
Thanks Given: 71
Thanks Received: 8
cornnut
Thoughts on buying May Heating Oil 1/19 selling 2/1 recommended by MRCI? Would probably enter Tuesday 2/21 because of holiday.
It has been profitable 14/15 years, with 2,239 avg profit and 6,325 Max DD.
Currently Heating Oil is in a downtrend since the start of Jan, I was thinking of only making this trade if heating oil makes some kind of positive turn. It appears to have made similar positives turns out of downtrends around the entry date in the past.
Can you show the chart?
January 18th, 2020, 07:37 AM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
volramp
As far as I remember you can get a free trial from MRCI.
Best regards, Myrrdin
January 18th, 2020, 08:37 AM
Recife + Brazil
Experience: Intermediate
Platform: Sierra
Broker: Denali
Trading: ES, spreads
Posts: 36 since Mar 2012
Thanks Given: 133
Thanks Received: 49
myrrdin
Some thoughts:
The chart did not follow the seasonal chart nicely in recent months.
COT data is more or less neutral.
The trade would work in case of a significant cold blast or in case of a severe problem with Iran. I am unable to make a forecast regarding these issues.
In 6 of the most recent 15 years the trade showed a worst equity amount of approx. -1800 USD or less. Check if your are willing to hold the trade through such a problem.
Best regards, Myrrdin
The risks I see here:
# I agree with @myrrdin : not following the seasonal chart for the whole past year. Too risky
# Futures contract alone, not a spread with smaller drawdowns .
January 18th, 2020, 07:01 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
volramp
I have Tableau charts available for HO here.
https://public.tableau.com/profile/ron.h8870
You can set starting and ending dates and see how the contract preformed in your selected years.
Here are my other Tableau charts for most major futures. Look for Tableaus that start with "Seasonal Futures".
https://public.tableau.com/profile/ron.h8870
There are also Tableau charts for other data as well like monthly and weekly EIA data.
January 19th, 2020, 12:42 AM
Recife + Brazil
Experience: Intermediate
Platform: Sierra
Broker: Denali
Trading: ES, spreads
Posts: 36 since Mar 2012
Thanks Given: 133
Thanks Received: 49
ron99
Been visiting your Tableau charts. this is valuable information you’re sharing with us. Thanks a lot
January 19th, 2020, 02:31 AM
Tel Aviv Israel
Posts: 14 since May 2017
Thanks Given: 71
Thanks Received: 8
Considering to enter the following trade :
HE (Lean Hogs) -Apr20/+Aug20 from 13
January 19th, 2020, 01:45 PM
Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
volramp
Considering to enter the following trade :
HE (Lean Hogs) -Apr20/+Aug20 from 13
What is your motivation to consider this trade ?
I am currently long the LHG-LHQ spread, as I consider the G an J-contracts as undervalued compared to the summer contracts for S/D reasons.
Best regards, Myrrdin
Last Updated on May 4, 2021