- From crude to heating oil, the data feed covers all the main energy trades, and as with other
instrument groups, the multiple time frame charting, quotes and ranking features make analysing
oil etc easier on the eye and the brain.
- There is good reason to mix in other datasets when analysing oil, with the Majors FX Indices of
particular use in our view, as are stock Indices and the ratios such as Gold-Oil ratio. Gold and
crude oil prices tend to rise and fall in sympathy with one another. Indeed if we look back on a
historical chart of this ratio, it shows there is a buying opportunity for gold when the ratio rebounds
past about 10 barrels and ounce, with the sell signal coming when it hits and starts to reverse
from a ratio of 20 or so barrels an ounce
- A quick example of how we use Gulf-Analytics to analyse and make trading decisions in the
energy universe is to compare all the tickers over 5, 15, 30 and 60 minute time frames on relative
strength and normal candle charts, take note and enter key alert levels for the symbols on the
multi-criteria Alert function. The use of a 5 or even 15 minute USD and Gold comparative chart fits
in well on this energy template, as does the EURUSD chart and quote. During sideways periods
try using a Keltner Band on the oil and natural gas charts.
- Once again it is important to point out that Gulf Analytics can be used over several screens, and
indeed we fully recommend you do so. If you are watching 5 or more energy contracts this
software will provide you wit the high grade screen real estate to trade properly - with lots of space
and easy to view charts, even if you've got a dozen or more open. Trading on a small screen
notebook over a wifi connection doesn't cut it with us, and we feel strongly that the proper tools are
employed by everyone who takes the plunge and trades OTC product on high margin. A stitch in
time.
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