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EF5 replied Aug 20, 2019Come to think of it, this might be a tricky proposition. I bet some of these models are using machine learning so any edge that’s found won’t be very reliable.
I still find the concept very interesting so I’m going to look into it ...Natural gas trading
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EF5 replied Aug 20, 2019Thank you, that’s great info!
I totally agree actually. The reason I ask which models traders watch is to know what they’re making trading decisions based on. There could be an edge in scrutinizing where models differ, like if the Euro says one ...Natural gas trading
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EF5 replied Aug 19, 2019I don’t believe there’s any way retail traders can trade spot. When futures are far enough into contango hedge funds have been known to rent a tanker to store spot oil and sell the futures. It’s actually an arbitrage play, just a very difficult one ...
Spot, Futures, ETFs?
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EF5 replied Aug 19, 2019I think gold has been getting hurt some over the past two days due to this German fiscal stimulus story. Basically, there has been a lot of talk of the Germans doing fiscal stimulus (if needed) and more debt would mean higher bund yields. I think ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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EF5 commented Aug 19, 2019How can it be wrong? Think about it, the yield curve is known to have a variable lead time. If we go into recession now, it’s right. In 2yrs, it will still be right. There’s not a finite point in time where it will be wrong.
Yield Curve Inversion: Markets Are Correct to Price In Higher Recession Risk
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EF5 replied Aug 19, 2019On the surface, it isn’t really bullish or bearish. The market thinks spot oil will be lower in the future. If spot oil is at 55 now and the Jan 21 contract is at 50, if you trade that contract you’re just betting spot will be trading higher or ...
Sweet, sweet Oil
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EF5 replied Aug 19, 2019Has anyone else noticed how deep CL is in backwardation? image That seems pretty bearish if you ask me. Definitely not pricing in any conflicts or other supply shortages. I did see OPEC is forecasting a glut into 2021, but I'm a little surprised ...
Sweet, sweet Oil
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EF5 replied Aug 19, 2019Do you know which weather model traders tend to follow? GFS and Euro? I've always had a thing for meteorology so trading nat gas is right up my alley.

Natural gas trading
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EF5 replied Aug 19, 2019WTI settles at 2:30pm EST so that was most likely just some volatility around the daily settlement.
WTI Crude Oil Trading
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EF5 replied Aug 16, 2019Wow, yeah it looks like it is building a base to go higher. I hadn't noticed that, thanks for sharing!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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EF5 replied Aug 16, 2019There's a limit to how negative of rate investors will accept. Maybe it gets to -2% but there's definitely a limit to how much investors are willing to pay Germany to keep their money safe. The future of monetary policy is not a -5% rate.
Gold RIGHT NOW
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EF5 commented Aug 15, 2019Seems like a reasonable bet to me. The breakout has happened, a new all-time high is probably in the cards. I think that will come post recession, but each cycle is a little different so who knows.
Trader bets gold getting ready to hit a fresh high
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EF5 commented Aug 15, 2019I'm curious if there might be a debt bubble forming. Sovereign debt like US bonds, gilts, and bunds, are probably all fine, but I've noticed something interesting beneath the surface. High yield debt spreads aren't widening much so the aggregate ...
Is Widening Yield Curve Inversion Lifting Gold Prices Up?
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EF5 replied Aug 15, 20197% isn't too terrible I guess. It's very high compared to what you pay to buy an ETF/CFD/etc, but for physical I suppose the pricing is justified.
Anyone own physical Gold?
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EF5 replied Aug 15, 2019Glad to see some Seneca on the forum!

Here are two good videos, one on the markets and one on stoicism. video video Trading audiobooks
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EF5 replied Aug 15, 2019Yep, all time low in the 30y too. 10y bunds are trading at a -.71 yield.
There's got to be a lower bound for yields. Maybe that's the point where people just hoard cash and buy gold?Gold RIGHT NOW
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EF5 commented Aug 14, 2019There are a few reasons the yield curve may not be a reliable predictor: - There haven't been many modern business cycles so we shouldn't be too confident this will continue to work. - The yield curve has worked well in the US, but doesn't work as ...
Don’t Panic. Yet.
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EF5 replied Aug 12, 2019lol That will be me in 7 months!

XAU/USD & XAG/USD - Gold & Silver Traders Thread
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EF5 replied Aug 11, 2019TD Ameritrade and Interactive Brokers are my two favorites for futures.
Brokers for trading metals
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EF5 replied Aug 11, 2019That's exactly right. I wouldn't even want 1,000:1 leverage unless I were 1,000% sure I wouldn't be liable for a negative account balance. Buying options could have a somewhat similar payoff, but with the benefit of asymmetric risk.
Metal Competition Zone (Demo)