Over 70 percent of....all goods we consume are moved by truck. If truckers pay more for gas, you will pay more at checkout. This will feed through, especially considered that diesel stocks are at multi-year lows.
MBA1! trade ideas
Long June Heating Oil(GHOM22)Buy June heating oil 375.10 on stop, if filled stop 361.75, 1st tgt 397.75
**Trading commodity futures and options involves substantial risk of loss.
The recommendations contained in this letter is of opinion only and
does not guarantee any profits. These are risky markets and only
risk capital should be used. Past performance is not indicative of future results**
hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
one of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. in addition, hypothetical trading does no involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. there are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Heating Oil target reachedat 5.2 we had the 2x extension of prior correction.
Its time to take some profits.
Unfortunatly investing in heating oil is not as easy as in crude oil
If have found ETFs or stocks with options that are similar to heating oil, please mention them in the comments
Trade of the week: Heating Oil longVolume profile strategy to buy above the value area high works perfectly on heating oil
Heating and crude oil LONGCOT data is showing a buying opportunity in the energy sector
my setup is to buy above the 18 moving average and sell on a close below the moving average or on a new swing high
Heating (+ Crude) Oil short there was a low risk short entry after the rally topped out at a double top
both strategies worked out
1. to short rallies above a 50% level of a prior downmove ment
2. to go short at the top of a blue daily bar
worked out...
VLO Long with crack spread hovering at historical highVLO has been lagging behind ULSD crack spread. Recent weakness in VLO is a good entry point.
Heating Oil LONG in November/DecemberClosed my long postion on 28th october as prior day closed below 18 moving average.
In the last years there was a double bottom and then a nice upmove in heating oil.
looking forward to either go long on that double bottom or if prices go above the 18 moving average again.
Mas1! it's will be down in the next timeWe can say that it will down in the coming hours, but it cannot be denied that the content in this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting the trader in making an independent investment decision. NYMEX_MINI:MAS1!
Marine Fuel Singapore FOB - LongSummary: Long, supply chain fuel shortages are adding to the cost of shipping bunker fuel too.
Price will continue to rise as the energy crunch deepens globally.
Bunker Fuel is correlated to Oil price.
Heating Oil and Crude Oil triggered a long signalMonday was a day with a very low PERCENT R value
on heating oil, crude oil and german dax index
My setup is to go long after these days and keep a tight trailing stop at the low of prior days low.
HO Heating Oil target 2.14looking forward for heating oil to hit the 38% extension above prior correction range target.
all 3 energy markets (CL, RB, HO) have the same pattern first hitting the 38% target on the smaller correction and how going to the fib extension of the bigger correction that started mid march.
Seasonal Trend and COT Index are also bullish.
Heating oil longPullback to POC provides low risk entries, if not sure set breakeven stop after 1 hour
HO futures - EW analysis - sell on bounce Heating oil futures HO - It completed the impulse up cycle from the major bottom as expected in earlier updates. Now it is in corrective mode, so expecting small bounce of B wave up, which will be good opportunity to sell it down for C wave.
Give thumbs up if you really like the trade idea.
View on Heating Oil (24/11)Price breaks above resistance zone.
I am seeing price to go up higher.
1.26 support zone.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
HO futures - Elliottwave analysis - 4th subwave correction HO futues - It is in 4th subwave of 3rd wave up as corrective cycle and expected to go down up to 1.35 level to finish it. Buy within that zone for next up cycle for higher high as target. The invalidation level of EW count is 1.2981.
Give thumbs up if you really like the trade idea.
Heating Oil future - HO - Elliottwave analysis- ABC zigzag down Heating Oil futures HO - It is in ABC zigzag from major top and C wave is in progress. Sell it in 3rd wave down with stop level above 1.252 in slight bounce for target zone below 1.175 - 1.155 zone.
Give thumbs up if you really like the trade idea.
Heating Oil future - HO - Elliottwave analysis- ABC zigzag downHeating oil futures - HO - It dropped in impulse wave A down and expected to corrective up move as wave B, which might end between 1.236-1.258. So wait for B to finish in choppy price action. Thereafter C wave will expected to go down.
Give thumbs up if you really like the trade idea.
