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Posts by "eelman"

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99 Posts Total by "eelman":
93 Posts by member
Eelman
(Maine, United States)
6 Posts by Anonymous "eelman":
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Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 19:13
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
The PPT seems to be putting all of their resources into the oil market today. Bearish fundamentals across the board: inventory builds every week, huge dollar strength, sell-off in equities etc...Yet oil remains propped up at $79??
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 18:47
In Thread: Commodity FX (CAD AUD NZD NOK)
For timing my exact entry I tend to use 1 hour chart, (look at all the upper wicks late session yesterday on 1 hr candles) To me that showed a lot of short interest building at around the 16.25 level...but really like observing the trend with 4 hr.
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 18:10
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
1100 gold is one tough nut to break! & Oil still holding up way better than the strong usd would indicate.
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 17:42
In Thread: Commodity FX (CAD AUD NZD NOK)
They are both considered "precious metals" and will trade in tandem. There are fundamental differences. Silver actually has many industrial applications vs gold which is basically just used for jewelry & investment. I have noticed over time that silver is often overlooked but can be very profitable to trade. I don't know the exact percentages right this minute, but last I checked silver was -2.4% vs gold -.93% on this selloff. I like to exploit that added volatility.
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 17:31
In Thread: Commodity FX (CAD AUD NZD NOK)
Dollar emphatically crushing everything...but gold still won't crack 1100!
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 16:23
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Very strange how oil remains propped up while the dollar soars and gold & silver sell off??
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 23, 2010 13:45
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Shorts: silver @ 16.15 gold @ 1400 oil @ 80.25
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 22, 2010 18:17
In Thread: Don't Forget the Yen
Went short cad/jpy 87.49, also short gold and oil.
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 22, 2010 16:03
In Thread: Don't Forget the Yen
If equities, oil and gold are dropping so will aud/jpy...for now anyway. It is no secret that the BOJ wants a weak yen.
Eelman
Maine, United States
Posts: 93
14 years ago
Feb 22, 2010 13:19
In Thread: Don't Forget the Yen
Short aud/jpy @ 82.40 and Crude @ 80.25 The mindless risk rally is getting tired.
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