UMT on Crude Oil Futures 3 Wins – 1 Loss Today
Mark | August 10, 2007We’ve got a chart for today’s trading on the Crude Oil Futures. This market starts trading at 9:00am EST (New York time) and is very a tradeable market as you’ll see. Today was not unusual in its movement by any means. Volumes are solid, over 200,000 contracts traded today and $10 per tick (0.10 increments) along with a fairly narrow bid/ask spread make for a market we like to consider. As do the steady results. In fact, one of our curren UMT Owners posted this a couple of days ago in the Owner’s forums:
Here’s some data on the 233 tick, a good timeframe
Number Trades = 113
Win % = 73%
Edge = 69%
Avg/ trade = $ 82.12 per contract
144 tick timeframe
Number Trades = 109
Win % = 75%
Avg/ trade = $112.96
Profit Factor: 10.76
Cheers,
Lou
Here’s the chart for today — 3 Wins – 1 Loss with +0.75 gross ($750 per contract before costs) — right in line with what Lou has been experiencing.






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