I recently came across another thread on a different website. Here the poster claimed to have repeated made money selling the Cad/US at the end of every month. He even claimed 95% success
he stated:
FACT 1...Canada is one of the world's largest oil producers
FACT 2...Canada the top exporter of oil and other petroleum products to the United States
FACT 3...end-of-month oil contract settlement
FACT 4...it is well-known that oil futures settle in the final week of every month
now this got me thinking about situations like this. I remember Henry Lui claimed to be able to make a profit from a certain Wednesday with Japan settling contracts.
he stated:
FACT 1...Canada is one of the world's largest oil producers
FACT 2...Canada the top exporter of oil and other petroleum products to the United States
FACT 3...end-of-month oil contract settlement
FACT 4...it is well-known that oil futures settle in the final week of every month
now this got me thinking about situations like this. I remember Henry Lui claimed to be able to make a profit from a certain Wednesday with Japan settling contracts.
There must be a certain day/week in each month where certain contracts or orders have to be filled. a bit of research could determine weather these times lead to better market predictability. Anyone know of any? or use any now?
p.s. the cad/us sell broke even this month