How to avoid stopp loss...anyone doing that?

hi Easy,

i trade CL futures. Now NYMEX is a session but the contract runs 24/7 over Globex and CME. so no difference there.

You will see CL mirror the USD as it's priced to the usd. the eur/usd moves in harmony with CL.

so yeh if you thought USD was going down you can sell it and buy CL or the opposite.

but not 100% sure what you mean as it's just as easy to buy EUR/USD or buy oil if you think the usd is going down.

There are some currencies that are called ComDols (for commodity dollars) as they are directly linked to the volatility of a particular commodity.

The two most obvious ones are CDN and Oil as well as AUD and Gold.

A fellow Canuck here...the CDN is tied to Oil as it is our largest export.

I guess the best scenario would be if you could find an indicator that doesn't mirror a currency but shadows it. That way you can get in low and sell high before they start trending. Of course if one did find an indicator that did that, I wouldn't expect them to tell anyone.

Using your logic you would actually get double bang for your buck trading USD/CDN because every trade on forex is a buy and a sell and US is a net importer of Oil, Canada is a net exporter. So if Oil goes up then the USD/CDN goes down (ie. CDN dollar strengthens)

The tricky part is there are a lot of other things influencing the USD so it would be most effective when the USD is mostly neutral against the CDN on other fundamentals in short term. When you look at weekly/monthly charts it tracks pretty good though!

Yes, Canada is a leading supplier of oil to U.S.A.

You can do some research to on what happens with the DOW and Oil both run together.

Guys
does any one has a good view on Oil ?

Hello,
According to me, crude oil's position will remain under pressure till there is firm decision by FED on the much anticipated hike in interest rates. For now,its under pressure due to following reasons:
1. US crude stocks are building up.
2. OPEC has declined to cut the production.
3. Market is oversupplied due to lack of demand.
4. Demand is low as China, crude oil's biggest importer is going through economic turmoil/slowdown.
5. One more worry is coming soon by the name of IRAN. They will start pumping oil as soon as sanctions are lifted from them.
6. OPEC had a meeting to decide a reasonable price for crude oil which ended without any solid result.
Oil posts short term rallies on the back of rallies in US markets due to the upbeat economic data. A strong move by Chinese bank to tackle their slowdown will help in clearing the global market of uncertainty and panic/disorder. China is definitely on its track to control the situation which will help the crude oil to get the much needed strong support.

you may want to view my post in CRUDE OIL from yesterday. it could help answer some of your questions. /s/ bfs

OPEC, which enjoys a vast majority of the available oil doesnot look to cut the productionvery soon with Saudi Arabia decling to do the needful in order to save its market share. US, Canadian, and Mexican oil production has begun to cap wells, because it's now too expensive to produce oil for them. Overall, global demand for oil has slowed significantly, especially with China approaching at least a slow down if not an outright recession. Finally, the sanctions on the Iraq are now finally lifted by the Western Powers and EAI expects the output to rise to 3.1M barrels a day in 2016 from 2M barrels in 2015 adding more to the supply glut. I expect the prices to fall to $25 barrels this week.

My long term view is to start buying every major dips. I am not short term trader so it might not apply to many active traders here. my goal is to build long term inventory of few thousand barrels over a period with goal of TP at 80$ in 3 years. If I am right, I will to move Coats Rica and enjoy their sunsets. If I am wrong, I expect to loose about 30 % of my investment and get used to shoveling my driveway.

In any case, I expect oil to be volatile and may drop to bottom of 22-24 dollars. There is a small chance of extreme pain of sub 20 prices but to me it is unlikely. My Plan is buy any dips below 27-28 until I reach my buying goals. I expect by mid 2016, all the bad news will be priced in and bears will be out of steam. Low price of oil should fix the low price of oil.

Well today oil is up roughly 4% but in my opinion we'll see it fall again tomorrow/next week. If I were to guess I would say we'll see oil reach ~$25 in the coming weeks. I don't see it falling much lower than that though to be honest.

I've been buying $DWTI on it's red days and holding it short term which has paid off well. I think I'll be switching to $UWTI in the next couple weeks though.

If OPEC members will cut a deal to cut supply, oil price will move up:

http://finance.yahoo.com/news/oil-ex...ampaign=buffer

A deal between OPEC and non-OPEC producers won't change anything, the price will rise and bring back in the game the shale producers and the glut.
The falling in oil prices is a result of ultra-loose monetary policy and ZIRP-environment who permits the lesser-fit to run along with the traditional producers.

Of course, we can trade PA in both directions and let these gentlemen reach an agreement (or not)