Hello,
Currently spread is about 2.8$. Historically it's low figure, we used to 5$-7$. I'm considering to buy spread.
We'll make profit if:
1. Price of WTI rising slower than price of Brent(Brent price rising also)
2. Price of WTI falling faster than price of Brent(Brent price falling also)
3. Price of WTI falling and price of Brent rising
Trade is:
Buy Brent and Sell WTI. We did something like that with WTI-NATGAS.
Keep safe!
Currently spread is about 2.8$. Historically it's low figure, we used to 5$-7$. I'm considering to buy spread.
We'll make profit if:
1. Price of WTI rising slower than price of Brent(Brent price rising also)
2. Price of WTI falling faster than price of Brent(Brent price falling also)
3. Price of WTI falling and price of Brent rising
Trade is:
Buy Brent and Sell WTI. We did something like that with WTI-NATGAS.
Keep safe!
Trade closed: target reached:
2.8$ profit on each barrel
