After thirteen parts of the spread series, we have the perfect base for trading commodity spreads. Now we can go to the specific analyzes I use when selecting the right trade. In the last part I have partly started with seasonality and I will continue with it also today. There is no doubt seasonality is part of the spread trading. Paradoxically, however, I consider it a second-line factor for selecting specific spreads. In the following parts, I will explain why.
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