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Thread: Crude Oil (CL) on Globex
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Old 07-20-2007, 05:55 PM
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Re: Crude Oil (CL) on Globex
Quote:
notouch
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There's enough liquidity to trade QM with 1 or 2 contracts no problem. If you're trading more than that then it's cheaper to trade CL.
If I am reading my chart correctly, it looks like there was 13,000 TOTAL traded today and about 20,000 for a good day. If so, no thanks, even with 1-2 lots. CL today had 241,000. Slight difference.
Quote:
Oil definitely responds well to bread and butter technical analysis.
Good observation notouch. That's kinda what grabbed my attention!

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