Copper/Oil spread: once again getting out of hand

2016年10月24日

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.

2016年10月25日

註釋

Copper initiated the move.

2016年10月26日

註釋

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

2016年10月31日

手動結束交易

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

2016年11月8日

註釋

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.