Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

firewalker

Live Commodities Trades

Recommended Posts

(LONG WEAT (Wheat) from 4.0400 not a Day trade.. ) from couple of weeks back..

 

 

still got this !!! ....did say not a day trade.....still around 4.04 ....

 

added Some LONG Silver...at 16.90

 

and some SHORT Oil 126.22

Share this post


Link to post
Share on other sites
(LONG WEAT (Wheat) from 4.0400 not a Day trade.. ) from couple of weeks back..

 

 

still got this !!! ....did say not a day trade.....still around 4.04 ....

 

added Some LONG Silver...at 16.90

 

and some SHORT Oil 126.22

 

....out Oil at 125.68 +34 I still feel we are probing the recent range extremes atm

Share this post


Link to post
Share on other sites

If you ever need proff that commodities are high risk...see the reversal on TIN today...

 

long Tin up 26% and short Tin down 26% in a sharp revsal of the last few weeks one way trading

Share this post


Link to post
Share on other sites
short Oil $125.62...

 

posted initally to wrong thread

 

 

I still have this SHORT...thankfully tiny position.. been to $129 !!

Hopefully some downside now...

Share this post


Link to post
Share on other sites
I still have this SHORT...thankfully tiny position.. been to $129 !!

Hopefully some downside now...

 

btw, is that the QM Crude oil you are trading?

Looks like you're back in profit, I have it at 123.47 right now

Share this post


Link to post
Share on other sites
btw, is that the QM Crude oil you are trading?

Looks like you're back in profit, I have it at 123.47 right now

 

Hi FW its Crude Oil Jul 08.... I have just closed at $123.54 up 208

 

I am still bearish and my target was 123.09 but that looks too far, ahead of the 3:30 crude figures that are its biggest mover.. but as I will be in the school playground then...thought I would cash in my chips.. might come back to $118 but thats life...

Share this post


Link to post
Share on other sites
Hi FW its Crude Oil Jul 08.... I have just closed at $123.54 up 208

 

I am still bearish and my target was 123.09 but that looks too far, ahead of the 3:30 crude figures that are its biggest mover.. but as I will be in the school playground then...thought I would cash in my chips.. might come back to $118 but thats life...

 

Well done... :thumbs up:

 

Here's some more oil news..

http://www.guardian.co.uk/business/2008/jun/03/commodities?gusrc=rss&feed=networkfront

Share this post


Link to post
Share on other sites
Do you put stops on your trades?

 

 

short Oil $124.74

 

 

Hi Brown....no...stops in the market...although try to choose entry carefully...

not and exact science in Oil though. Have been offside 300 in the past..

 

 

atm feel its sucking people in then will drop to $118-120 in the next week or so..

you going to give it a go?

Share this post


Link to post
Share on other sites
short Oil $124.74

 

 

Hi Brown....no...stops in the market...although try to choose entry carefully...

not and exact science in Oil though. Have been offside 300 in the past..

 

 

atm feel its sucking people in then will drop to $118-120 in the next week or so..

you going to give it a go?

 

I was just wondering if you put stops on since it's so volatile. I'm just focusing on the ES currently since the moves have been nice lately.

 

Good trading!

Share this post


Link to post
Share on other sites
Taking some pain now...thank goodness they are small positions...

that rally on the back of the ECB rate rise news...really caught me out...

 

I share your pain, Foale, having shorted earlier this morning. Still in now, but wishing I'd just set a tighter stop and taken the loss.:(

Share this post


Link to post
Share on other sites
I share your pain, Foale, having shorted earlier this morning. Still in now, but wishing I'd just set a tighter stop and taken the loss.:(

 

 

I am leaving those while I can ....

I did no another couple of quickies netting +65..... too quick to post

 

but yes take the loss springs to mind...

Share this post


Link to post
Share on other sites

I'm going to stick my neck out and say Thursday's and Friday's action is the kind if extreme greed action that suggests this is oil's final hurrah for this, its longest and biggest upleg of its secular bull run to date. So short at 13759 with a view to holding and looking for sub 10000 - bringing it back to its long term trend.

 

I accept it could still spike to a further extreme before engaging its long overdue correction so if we first move up higher and even see the 15000 prophesy self-fulfilling then I will add more.

Share this post


Link to post
Share on other sites
I'm going to stick my neck out and say Thursday's and Friday's action is the kind if extreme greed action that suggests this is oil's final hurrah for this, its longest and biggest upleg of its secular bull run to date. So short at 13759 with a view to holding and looking for sub 10000 - bringing it back to its long term trend.

 

I accept it could still spike to a further extreme before engaging its long overdue correction so if we first move up higher and even see the 15000 prophesy self-fulfilling then I will add more.

 

I'm going to stick my neck out too and going to say:

(a) the market can stay irrational for longer than... (you know)

(b) even if parabolic rises usually signal the end of a move, they seldom reverse in the same way straight away (but it can happen)

© would you exit your trade if you were in a long position?

Share this post


Link to post
Share on other sites
I'm going to stick my neck out too and going to say:

(a) the market can stay irrational for longer than... (you know)

(b) even if parabolic rises usually signal the end of a move, they seldom reverse in the same way straight away (but it can happen)

© would you exit your trade if you were in a long position?

 

Fair points FW -

 

I'm in small - and have precalculated my phase ins so there'll be no excessive exposure.

I don't pretend I can call the top but I think the signs are there. It's all speculative cash from the big players and when the plug is pulled it'll drop hard and fast.

I'd wager the trigger will be some coordinated action from governments plus further signs of slowing / stalflating economies. But that's guesswork.

This upleg in oil has been a 175% whopper - the previous largest upleg was 68%. The long term trend channel sees us at $90 - $100. Corrections tend to mirror uplegs in their size.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.