Copper/Oil spread: once again getting out of hand

2016년 10월 24일

We have an interesting spread between copper and oil, with the ratio chart showing signs of outperformance in Copper, relative to Oil today. We might be at a local bottom for this ratio, which paves the way for AUDCAD longs, as well as trading Copper and Oil futures/CFDs as a pair, going long Copper, whilst simultaneously going short Oil.
This is a very interesting signal, so keep an eye out for the effects of it. Check related ideas for the previous signal' results.

Cheers,

Ivan Labrie.

2016년 10월 25일

노트

Copper initiated the move.

2016년 10월 26일

노트

Check it out...this is why we monitor correlations, inter-commodity and inter-currency spreads, and fundamentals, not only technicals.

2016년 10월 31일

매매 수동청산

This is a good exit for the pair trade in copper/oil.

2016년 11월 8일

노트

Close to a 2 sigma move using a 1 year linear regression here.

If anyone is still in, it might be good to bail asap.