Author: NULL

Absent-minded as ever, I was unaware that First Notice Date was fast approaching for my Gold Contracts. My broker, IB, popped a dialog up on my screen about it.Basically it said this: get out of these contracts by the end of the...

A reasonable question would be “why didn’t I take a trade in the British Pound about a week ago?” The answer has a bit of a lesson: the charts I have for currencies look really odd, as if no one is trading...

I went long Sugar this morning. It’s not moved much since passing the breakout point, except down a little bit. I’m still in the Silver & Gold contracts (in fact, added to the position).It was up nicely earlier,...

Big up day in Gold and Silver. My longs fired above the breakout point (60 day high). As Finley “Chick” Goslin likes to say, precious metals have a nasty habit of going down fast. (In other words, definitely...

JPY is pretty close to its 60 day high (1.149). I’ll be looking to buy somewhere above...

Sometimes you see price action that makes you question your rules. One rule (rather conservative) is that I don’t do entries outside of regular trading hours.Last night’s and today’s GBP action (down as much as...

Still camping out on some of the markets mentioned last week: Cocao, Sugar, Coffee, Silver, Gold, and the pound. Speaking of the pound, it’s getting its ass handed to it right now, down .04530 right now. Wow. This actually...

Got stopped out of this trade this morning. Compared to Oil, the 5 yr note moves like a glacier. No other trades open at this point, and nothing looks particularly...

Still in the 5 yr note long. Slightly out of the money at the moment. CL short fired this morning and is slightly in the money at the...

The 5yr note trade fired this morning. This probably amounts to a proxy for trading the index (inversely). Anyway, we’ll see how it goes. I didn’t take the NG trade (which fired yesterday). Too big for me at the...