- Search Crypto Craft
- 779 Results (208 Replies, 571 Comments)
- LloydOz replied Nov 7, 2019
I'm now following the Jan 2020 NG contract. Two factoids that are in all probability a coincidence. The high of 17 Sep was exceeded by two tenths of a cent. The high of 31 Oct was 2.826. Low of 7 Nov was 2.829. Gap filled? Not strictly, but phew. I ...
Nat Gas anyone?
- LloydOz replied Nov 7, 2019
In economics, something called a "liquidity trap" was first imagined by a bloke whose name was Keynes. Much of his stuff has been utterly misused and misunderstood. Not for discussion. What he did say was "There is the possibility...that, after the ...
Macro Talk
- LloydOz replied Nov 6, 2019
Yeah, momentum slowing down.. That doesn't mean much except what you say - its a bit sleepy after such a sprint. Is having a bit of a sit, crossing her legs, lighting a ciggie and checking for messages. May be a prudent opportunity to clinch profits ...
Nat Gas anyone?
- LloydOz replied Nov 5, 2019
Sources (TD Securities) say that some fairly significant players were planning to liquidate 20% of their (I assume long) positions today for little other reason than price seems to be going no-where. In not-so-polite circles this is known as ...
Gold RIGHT NOW
- LloydOz replied Nov 5, 2019
Yes, tremendous. Not enough data to be of significance, though - this often disappoints me with studies of this nature. I have daily data from 1990. When I have a lazy afternoon I might set up an Excel spreadsheet and crunch some numbers. Being old, ...
Nat Gas anyone?
- LloydOz replied Nov 2, 2019
I have read the first page of this thread only, and maybe all that has to be said has been said. I do know that there are many articles and books devoted to trader cognitive psychology. I recently watched something on Australian TV - it is a kinda ...
How do you learn to trust yourself in trading?
- LloydOz replied Oct 31, 2019
I'm gunna try to not disclose my trading, for a few reasons. One is that I have developed my trading style over decades (not just years or months), and it is at complete odds with that adopted by most other people here. I'd be a joke.
Nat Gas anyone?
- LloydOz replied Oct 30, 2019
Well, true, about supply/demand. However - I differentiate markets into flow vs stock. And, on another level, durable vs non-durable. Gold is very high stock and very durable. Things like Hogs and OJ are at the other extreme - mostly flow, limited ...
Nat Gas anyone?
- LloydOz replied Oct 29, 2019
Just interrupting here for a moment, this is something I've mentioned, also to a couple other people. For the avoidance of confusion, try something like barchart.com and click until you get the appropriate chart for reference purposes. I don't think ...
Nat Gas anyone?
- LloydOz replied Oct 29, 2019
Well all of that is a good rule of thumb. Thankyou.
Whats your best money management method?
- LloydOz replied Oct 29, 2019
This is a tremendous way to think. To take note of fundamentals and be able to say, hang on, what gives? Then consult ya charts and wait. That is how I use fundys - usually as a contrarian signal. Every dog and his cab/taxi driver knows that there ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- LloydOz replied Oct 28, 2019
There are two, maybe three, unknowns in the equation. 1. I 2. Lots 3. x. I haven't heard of balance-sol.
Whats your best money management method?
- LloydOz replied Oct 28, 2019
For those with excellent mathmatical prowess, a bloke by the name of Ralph Vince has a great deal to say about money management and how to optimize. I personally take a bit here and there as is prudent, as the method he promotes most, optimal-f, is ...
Whats your best money management method?
- LloydOz replied Oct 27, 2019
Gaps are interesting depending on where they are. Anecdotally, I have observed - along with many others - that gaps, or total air space, are often filled - so hang around. Bit like, oh, a bit of exuberance there (maybe in a thin market). Bears see ...
Nat Gas anyone?
- LloydOz commented Oct 27, 2019
No. I did not say that.
U.S., China close to finalizing some sections of trade deal
- LloydOz commented Oct 27, 2019
Quite so. Sorta like - I am quite a good driver. But put me behind the wheels of a Formula One car and you can nominate me for a Darwin award.
U.S., China close to finalizing some sections of trade deal
- LloydOz replied Oct 26, 2019
This fundamental stuff is all very well but it makes my head hurt. Even more than Elliott waves, Gann and moon cycles. Why a five year average when there is 10 years available? Ought not the average be relative to some metric? Indeed, why is there ...
Nat Gas anyone?
- LloydOz commented Oct 26, 2019
Being from Oz and an experienced retail trader I hear you. I am totally snookered on another front, though. No broker will write naked futures options anymore. Have an account with a friendly US broker who is quite vocal about keeping client funds ...
U.S., China close to finalizing some sections of trade deal
- LloydOz replied Oct 24, 2019
I am sure there are monthly cycles in lots of things on many levels. To the extent they may be manifested in human activity, causing a measurable effect on markets which may be exploited, then all is good in the world. Welles Wilder pushed his Delta ...
Nat Gas anyone?