I don't know how these figures are calculated in the US (except for this farm and non-farm thing which I am sure had or has some meaning which eludes me), but where I live you are officially employed if (and I copy and paste) - Employed persons are ...

Macro Talk

The last time silver 10 daily implied volatility was this low was late May (when it was actually a bit lower). My calculations. Yours may differ. Just sayin'.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Begs the question - futures are best, but I think brokers (outside of say TS and similar - I DO NOT LIKE the Interactive Brokers platform) may use just CFDs? Mine does. Hmm. There are just two Aussie brokers which do cTrader. Both international. One ...

Discussions on Order Flow/Volume

Precisely. On many levels. Whilst my first recommendation is for people to carefully study probability and statistics (especially Bayesian statistics), one must understand the limitations of applying normal Gaussian theory to financial market ...

Envelopes, Waves and Cycles in Gold

Kim Jong-un teaching many dedicated and enthusiastic students on the virtues and nuances of order flow in the Nth Korean corn market.

Discussions on Order Flow/Volume

Many years ago I actually bought the software off Brian Millard, who is no longer with you mortals. It repainted every day with new data. There are some mathematical methods designed to extrapolate, and many very intelligent folk are obsessed with ...

Envelopes, Waves and Cycles in Gold

The monthly roll into new contract month. You may notice that if you have a position you will be hit with a swap. Yep, really stuffs up ya chart. For actual, look elsewhere like barchart intraday - is delayed 10 minutes, tho.

Nat Gas anyone?

Krugman may have made a decent accountant. What is conveyed here is the opposite of what any self respecting economist who can *think* would recommend or even have some of those words in their vocabulary. I could write a short essay on how bankrupt ...

Macro Talk

Just recently I saw some detailed data on car loan delinquencies in America, broken down into age group etc. Can't find it now. Levels are again approaching or exceeding that of 2008 (about 4% on average, don't quote me). They topped out in about ...

Macro Talk

More sellers than buyers.

Nat Gas anyone?

If service (interest) payments are less than 10% of disposable income (this is after ALL taxes and other things that cannot be avoided, and that means different things to different people) in Nth America, then youze must have very high incomes, ...

Macro Talk

Oh, you must have an open mind! I once ran some time series numbers and found a 99% correlation between the number of fatal car accidents in one Australian state and grocery sales in another state. So, there ya go.

Nat Gas anyone?

My initial post on this was totally misguided. Having had a look at what other people have said, I now have no idea what the question means, as it could mean a wide variety of things. Really. Clarify, please. Be specific. End the sentence/question ...

How do you learn to trust yourself in trading?

Yes, well, in the meantime, some prescient quotes from Powell found their way to my newsfeed. Kinda like, I was just sitting here, eating my muffin, drinking my coffee, when I had what alcoholics refer to as moment of clarity.... Powell: Connection ...

Macro Talk

What is a centered moving average and how is it calculated?

Envelopes, Waves and Cycles in Gold

I can. I have been known to buy at the extreme top and sell at the bottom tick. Shh, don't tell anyone.

Sweet, sweet Oil

You could always watch gold in Euro. XAUEUR. Or the Aussie, or GBP. Makes a bit of a mockery of *the* price of gold in USD, but that's philosophical.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Retracements are the damndest of things. Currently I'm finding support, but hey, its a moving target. 2.65 might do the trick. That's not very scientific (my 4 hourly is broken coz of the artificial gap, induced by the roll from Nov into Dec on 23 ...

Nat Gas anyone?

Hey, I just checked something. There are NG contracts years out, like at least a decade. There is an open interest of 25 in each of Mar and Apr 2027, so there ya go. They are about 3 bucks or less, although that would depend on who ya talking to. I ...

Nat Gas anyone?

Technically you are correct, of course. Patience is a virtue. Your broker may not like you very much. Gotta remember that "large" speculators were nevertheless short around 200,000 contracts recently when it was near its lows. Now, that's folk with ...

Nat Gas anyone?