Please don't take what I will say as an advice. After all, you will just need to do what you WANT to do according to your circumstances. As a general idea and concept, I won't go against the long term trend with large position sizes. I would ...

Traders Dilemma....

Ever Traded Calendar Spreads!!! - Update 2 — The wheat trade spread today narrowed further to reach -60 and thus improving around another 12 points. Wheat ended the open auction session on Monday at limit down and opened sharply lower during ...

Trade & Trader Idea, Concept & Circumstances

The idea of a safe haven dollar stems from that the US dollar is backed up by the most powerful central bank in the world, which is the Federal Reserve. Not only it is backed up by the Feds, it is almost backed up by many other central banks who ...

Why is the Dollar viewed as a 'safe haven'?

Well, as you mentioned corn, did I mention that I am currently long corn futures : at the moment. Thanks, Nader

I see oil reaching 100 USD?!

Ever Traded Calendar Spreads!!! - Update 1 — By the end of last week, the wheat trade spread narrowed by around 10 points from -82 to -72. This represents a good improvement. Wheat sold off on Thursday and Friday and this was the main reason ...

Trade & Trader Idea, Concept & Circumstances

Anytime and wish you a profitable trade. Thanks, Nader

Daily GBP/JPY analysis

Well, that's a tough question and a hard situation For myself, I know that I won't dare to be long oil for the long term since I can't withstand to see oil dropping like a rock while reversing the long term trend against me because the ...

I see oil reaching 100 USD?!

Excuse me Wolf, but I think that once the 50% Fibonacci on your chart was penetrated and confirmed broken, there is nothing to stop the pair from rising towards the previous top, or let's say very near to it. The magnitude and the speed of the ...

Daily GBP/JPY analysis

Of course they can control the price of oil, but to a certain extent. Things get out of hand sometimes, while during other times, things are just aligned to their favor Thanks, Nader

I see oil reaching 100 USD?!

Other than the fact that when prices increases people start looking for alternatives, when prices increase, people usually look to consume less if they can't find a cheaper or a safer alternative. Thanks, Nader

I see oil reaching 100 USD?!

Well, agreed. This is exactly what a well diversified fund would do. And remember that other currencies suffer from inflation and declining buying power as well. Of course they hedge against a declining dollar through currencies, but they can't ...

I see oil reaching 100 USD?!

But OPEC have nothing to do to bring prices down to this level as they have several limitations related to production. Thanks, Nader

I see oil reaching 100 USD?!

I use InteractiveBrokers as well for all my trading. They are great in futures and options on futures. Thanks, Nader

I see oil reaching 100 USD?!

I totally agree with you Merlin. I am not yet ready to short it as well. When the USD starts to stall and oil keeps moving up, the time to start initiating short would be very near. Thanks, Nader

I see oil reaching 100 USD?!

Sure, I agree that commodities went up due to supply and demand. But isn't supply and demand related to Gold/USD? If USD supply is huge and gold supply is restricted, doesn't that imply that the pirce of Gold/USD will see a rise? Pure steady ...

I see oil reaching 100 USD?!

This is exactly what the current uptrend in commodities is getting steam from. Most funds are transfering their weak US dollars into hard assets which are commodities like gold, silver and oil since real estate is not the best choice right now. ...

I see oil reaching 100 USD?!

Ever Traded Calendar Spreads!!! — I think I have stated in an earlier post that I have been following the grain markets since mid-2006. The trade which will be mentioned in this post is currently still open. While following the grain markets, ...

Trade & Trader Idea, Concept & Circumstances

My technical view for oil dictates that the current uptrend in commodities is to continue for some longer time, however, for sure we are nearing the end of this nice trend relative to the whole life of it. Thanks, Nader

I see oil reaching 100 USD?!

LOL...Not to that extent man...Those are just some thoughts and memories.. Thanks, Nader

Trade & Trader Idea, Concept & Circumstances

Automated trading systems and chess programs are programmed to win until someone figures out how to beat them. If I beat a chess program once, it would never beat me again and it will keep losing all the way. You only need to figure out the weakness ...

Automated Trading