- Search Metals Mine
- 178 Results (175 Replies , 3 Comments )
- deuce commented Aug 22, 2021
Blockchain will change the world...Buying pictures of rocks for half a million dollars. PT Barnum would be so proud.
- deuce replied Apr 22, 2020
USO is halted again. Price down 10% even as WTI is up. Trading resumed
- deuce commented Apr 22, 2020
If we do not see a positive change with supply/demand as we get closer to the June front month expiration on May 20 price will again go negative.
- deuce commented Mar 17, 2020
Won't happen
- deuce replied Mar 17, 2020
If the virus does not begin to abate and the Saudis follow through on April 1 we will soon see <$20.
- deuce replied Mar 10, 2020
Saudi Arabia Prepares $12-$20 Oil Price Scenario url
- deuce replied Jan 27, 2020
Does anyone have experience trading this with UNG? Is it a good proxy for those that don't have access to CFD's or want to tie up margin funds in futures? Thanks
- deuce replied Jan 27, 2020
Excellent trading analysis. I keep it simple trading oil though. I wait for a decent drop then buy every dollar down and take profit every two dollars up. Reload as needed. I don't use leverage so I can afford to be patient.
- deuce replied Nov 29, 2019
Heard news that Iraq's PM has resigned increasing chances the country's oil output will increase to prior levels and raising global supplies. That may be the reason for the big drop today.
- deuce replied Nov 20, 2019
We may see some profit taking into settlement especially if Dow stays down.
- deuce replied Nov 8, 2019
You are correct. Most won't trade this way because it is boring to them. The great thing about trading commodities is that they will not go to zero. Build a position buying low. Be patient and don't chase price. You don't have to use margin in ...
- deuce replied Nov 1, 2019
I usually am. For my style of trading the key to making consistent profits is all about managing positions.
- deuce replied Oct 31, 2019
A hard drop to 50-52 is a real possibility. Wouldn't surprise me at all. I don't predict though, just react to what the market does. If it goes down I will close some of my shorts and add to my longs. I'll do the opposite if crude goes higher.
- deuce replied Oct 31, 2019
For now I am net short. I usually have both long and short positions in play as a partial hedge to cash in on retracements.
- deuce replied Oct 25, 2019
Plenty of supply at 56.20 keeping a cap on it.
- deuce replied Oct 24, 2019
The daily WTI futures settlement on Nymex at 2:30 est. The last half hour can sometimes be very volatile.
- deuce replied Oct 24, 2019
Looks like there was a bit of profit taking into settlement.
- deuce replied Oct 24, 2019
It may have a bit more to run to the 200ma at 57.15 From there is anybody's guess.
- deuce replied Oct 23, 2019
The first supply decline in 6 weeks was bullish news. Crude needs a glimmer of increased demand to support this or it may go back down soon.
- deuce replied Oct 23, 2019
That may of been all it took for the time being. Could be just a temporary spike and go back under 54. Waiting to see where it is at nymex close.