The data was pulled from yahoo finance, they have an easy excel data dump. Based on price movement alone it does look like we are entering another long, steady price decline. I very rarely like to make decisions based on price but bitcoin is a ...

The 2021 Bitcoin supply shortage

Interesting theory. A supply shortage could explain why the volume levels have not seen exponential growth during this rally - something we saw in spades during 2017. While volumes are just barely at an ATH right now the price velocity on that ...

The 2021 Bitcoin supply shortage

Always be wary of bulltraps! Even yours truly.

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

Go baby go! That is key to bullish oil right now. If I get even a whiff of the Saudis back peddling, I'm out.

WTI Crude Oil Trading

Hey detector, I like where your head is at. I'm hanging on for now though, the USD is struggle bus-ing; one of the few things I'm willing to follow pundits on right now

Private Island Traders

01/20/2021 Oil - Correct call but WTI is only slightly up nearing $53 from $52.60 on my previous post. image Gold - Correct call, Gold is slightly up at $1868 vs $1844 on my previous post. image Crypto - Correct call, BTC is slightly down at ...

Sentiment tracker (2021)

CPI data was a dud today... maybe something to trade next month .

All Majors and Gold

01/13/2021 Oil - Bullish We saw the bottom of the market not that long ago. With virus concerns easing, calls for inflation and weak USD rising we could oil continue to run up in the months to come. The market has been touting growth prospects for ...

Sentiment tracker (2021)

If you look at gasoline prices I think WTI will continue up. Demand is rising and crack spreads are wide. That could all change if corona strikes hard enough though...

WTI Crude Oil Trading

Hey gentlemen, one thing that helps me with the clutter is top-down analysis. If you start at the bottom there is way too much to consider. I often do something like this: look for macro-economic trends look at asset-class level fundamentals ...

"AUSSI" my thread and anything I want to put here

Excellent points and I agree whole heartedly. Every time I have traded ETFs I use the in and out, rinse and repeat strategy and it works quite well when my predictions are well founded. Opec is certainly the key to trading oil right now, keep an eye ...

WTI Crude Oil Trading

Anybody jump on this bandwagon? I'm not getting off it yet..

WTI Crude Oil Trading

I agree, 35 looks like a nice buy opportunity. I'm not too hot on the ETFs for longer time frames and here is why - ETFs are prone to tracking error and decay, especially those with 3x leverage. For example, here are graphs of two different oil ETFs ...

WTI Crude Oil Trading

The bears will definitely have an uphill battle for the remainder of the year. Even if the fundamentals change traders are looking to CYA for awhile.

Gold Mining - Using Each Trading Day's Trend

I agree! Fwiw I think we will close around 1,935 today. I have a much stronger conviction that gold is headed up over the medium to long-term.

Gold Mining - Using Each Trading Day's Trend

Daily candles show a wedge formation which would suggest another significant move up or down in the coming days. Personally I would be afraid to expose myself to the upside move.

Gold Mining - Using Each Trading Day's Trend