What is the sugar comms index 91, all I see on CFTC is th's of contracts?

MPB Journal

Thanks Mike - the fog is slowly lifting.

MPB Journal

Silver looks interesting too - appreciate your thoughts on that one Mike.

MPB Journal

Another dumb q I'm afraid, With currencies I can find GBP and JPY COTS but not as a pair(I don't think) so to get a view on the pair should we combine the two - eg if GBP is net short and JPY long is that a signal to short the GBPJPY.

MPB Journal

Looks like you scale into your positions Mike. Do you also look for COT confirmation when you do that or just PA?

MPB Journal

Thanks Mike, trying to get my head round this stuff so I went to CTFC and looking at Sugar the comms seem to be massively short, but the Index traders?? are long and the totals seem to balance. So is that a signal to go short because of the Comms or ...

MPB Journal

Just pulled up the HO chart - hmmm Definitely gonna look into the COTS stuff

MPB Journal

Been watching your Dec HO trade - Think I need to ditch my biases and look into the COTS reports lol.

MPB Journal

Yeah I know what you are saying but I find it almost impossible to ignore the fundamentals with oil. And the fundamentals for oil are all long tern bullish so I just look foa PA to go long.

MPB Journal

My charts are Saxo Bank Ja

MPB Journal

Is that the Dec contract Mike? - not sure I'd wanna be short here, especially with the winter season approaching - but like PM's I'm a perma bull when it comes to oil. image

MPB Journal

Hi Sl. Technically(see chart below) we have a double top and bearish divergence. Fundamentally - Lots of large companies recently missed their earnings forecast on the low side with more to come(see my previous posts). All western economies are in ...

Silent Service Method

Mike, you might like to watch this - Brother JohnF thinks silver will reach parity with gold lol. video

MPB Journal

I could fill a book with the reasons I like physicals but the main reasons are they can't print it, it's real money and always has been, and silver is forecast to be the first element on the periodic table to become extinct. I might be wrong but I ...

MPB Journal

Yeah I know it's a problem I have - I just can't sell PM's same as I find it difficult to buy the dollar, Euro or pound. I just avoid them if I think they are likely to sell off. Bit like my physical metals I won't ever sell them so why would I ...

MPB Journal

Not sure I'd want to be in stocks atm - theres lots of talk about a crash coming. url

Silent Service Method

Yeah and if you had sold your Microsoft shares and bought Apple you'd be a gazillionaire lol. Woulda, shoulda coulda syndrome.....

Silent Service Method

My take on Soybeans - think the correction is over - tiem to look for longs maybe? image

MPB Journal

Hi MP, just found your journal and think I might pop in occasionally if only to get your take on the metals. I have a real problem with the metals and comms in general. I'm in permanent buy mode so it's good to read something that argues for the ...

MPB Journal

Thanks Ja u2, yeah when you do the numbers on a ss they look great - things never work out quite like that tho. The key IMO is to control those things we can and don't worry about the rest - just let the market do it's thing. And the only things we ...

Silent Service Method