Thank you for sharing detector. My opinion is that it is still reserves that the US is sharing, and that the global supply has been deeply hurt. And in core trading is a lot about supply and demand. I have gone long at the market open and am ...

WTI Crude Oil Trading

Hey fellows. I don't usually trade Crude Oil, but after seeing the events that occured this weekend i'd like to share some research and give my opinion. Key points: 1. The closure of the plants will cause a production shortage of as much as 150MM ...

WTI Crude Oil Trading

Post Event Commentary - Retail Sales & Core Retail Sales Headlights Pointed at the Dawn Retail sales increased 0.4% in August, which was double the 0.2% increase that had been expected. The headline beat was largely a function of a 1.8% increase at ...

High Impact Events Trading... Gold & Copper

Exactly, ECB is running out of tools, and it feels as if they wasted them on this meeting. With inflation subdued,growth stalling and negative interest rates becoming standard, the question arises whether the Eurozone is turning into Japan? This is ...

High Impact Events Trading... Gold & Copper

Retail Sales • Friday 13.9.2019. Retail sales started the third quarter at a blistering pace. Total sales rose 0.7%, while “control group” sales, which excludes sales at gas stations, building material stores and restaurants, rose 1.0%. Overall ...

High Impact Events Trading... Gold & Copper

Thanks man, I apreciate it Although QE was smaller then most analysts expected, the infinite QE did make up for it in my opinion. It's way more dovish then expected. But this arises another question, what is really infinite? Remember that ...

High Impact Events Trading... Gold & Copper

Depends on which market. I'll post a preview later. Currently i believe that retail sales will come in a bit lower then the forecast. If this does happen that will be negative for the stock market which keeps rising despite negative data. So i'm not ...

High Impact Events Trading... Gold & Copper

FROM ECB MONETARY POLICY STATEMENT: (1) The interest rate on the deposit facility will be decreased by 10 basis points to -0.50%. The interest rate on the main refinancing operations and the rate on the marginal lending facility will remain ...

High Impact Events Trading... Gold & Copper

I've prepared a dish for myself. I've got some longs running on both DAX and S&P 500 for a while, they're in solid profit... i was really undecided whether to close them or not before the ECB meeting. In the end i decided to keep the positions open ...

High Impact Events Trading... Gold & Copper

We're talking about the same kind of bond purchasing we saw from 2015-2018, merely a resumption of their old QE program. So what they will try to do is inject liquidty in the system. From 2015-2018 they bought 1.9tn$ worth of government bonds from ...

High Impact Events Trading... Gold & Copper

European Central Bank Meeting • Thursday 12.9.2019. The European Central Bank (ECB) will meet tomorrow in what is likely to be a crucially important meeting. The Eurozone economy has continued to tread water, with decent service sector data offset ...

High Impact Events Trading... Gold & Copper

Thanks for the correction, i've adjusted he headline forecast to 0.0% on my preview. I don't think we will get a big reaction from PPI data, but still it's good to put the data into perspective and see where the economy is at. Great preview of the ...

High Impact Events Trading... Gold & Copper

If ECB disappoints a good asset to watch is also DAX. It's expecting HEAVY stimulus. When BUBA said in August that stimulus might not be needed DAX fell significantly, after that it quickly rose as BUBA withdrew that statement. So you can imagine ...

High Impact Events Trading... Gold & Copper

Producer Price Index (PPI) • Wednesday 11.9.2019. The PPI index shows few signs of domestic producers taking advantage of any additional pricing power due to tariffs. PPI inflation has eased over the past year, with the headline index slowing to a ...

High Impact Events Trading... Gold & Copper

I have opened a 100$ account with leverage 100. I will trade and compound profits for a few weeks. 100% profits will be donated. It disapoints and saddens me that so many traders can't help someome in need. And it is even more disturbing that some ...

Open Challenge to successful traders

Hey, i'm sorry for the late response, i've been busy. The BOC will surely shift their language soon. However there is a risk to this early bird trade, we could see a 2015-2016 kind of situation where the economy quickly recovers from a "mini ...

High Impact Events Trading... Gold & Copper

Great list! I might be old-fashioned but for me Bitcoin has no value and it'll never have any value. I don't know much about it so i'm not really entitled to say anything good or bad about it. I never invested even a minute of my time in trying to ...

High Impact Events Trading... Gold & Copper

That is very true. The reason for this are retail investors who choose to keep their longs positions that should have been closed ages ago. They do not understand market fundamentals and believe that the market "must go up", which is just silly... ...

High Impact Events Trading... Gold & Copper

Thank you for the very informative and high quality post man, that does make perfect sense, however I still believe the stock market should have reacted more... the data was expected to be worse than the forecast but i don't think anybody expected ...

High Impact Events Trading... Gold & Copper