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Posts by "gunjack"

1237 Posts Total by "gunjack":
1178 Posts by member
Gunjack
(London, United Kingdom)
59 Posts by Anonymous "gunjack":
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 28, 2011 20:32
@Chloe Im not shorting CL with real conviction (intra day scalps 15-30pips etc)....if anything best to play the range i mentioned few days earlier and buy the huge sell offs we are seeing once the Hedge fd algos get turned on ( abt 1.30-3.30pm london time)

On a side note there is large cluster of resistance around 114.10-20 region so you cd look for a short there as we will be getting there very soon (DX, SI and GC pointing higher prices)
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 28, 2011 20:27
Dave - I heard the same abt soros liquidating commodity posns and that margins on CL futures had been hiked. Either way some truly crazy moves in CL recently...Those stop hunting algos are running stops up and down. Been beastly to trade recently
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 26, 2011 10:36
@Chloe on CL im waiting for bernanke to speak tmrw and that combined with inventories shd give us an indication of where oil is heading. Currently ranging in the 111-113.50 region...until bernankes speech prob best to swing trade that range imo. Have a fear that risky assets cd get sold off tmrw on any small hint of withdrawal of QE...cd potentially see CL at 109
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 25, 2011 12:43
thesis was stated on april 4th in the USD thread
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 25, 2011 12:40
WOW....anyone here been long silver??? I dont have any posn but i did state a few weeks back that logically gold and silver were in a win/win scenario...wish i had followed thru with my thesis now
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 20, 2011 19:45
@Qingyu I have looked to play silver too, but like anything needs time and patience in understanding the way it moves. I opened 1 lot long yday at 43.24, but sold for +6 ticks...wish i had held on....v big profits...btw the contract size in silver is v large, much larger than the CL contract
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 18, 2011 16:46
@dave gr8 hits pal...u have ridden this mofo from 110 down...as shakira might have sang if she was a trader..."the fibs don't lie"
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 15, 2011 20:15
I see what you mean...You must have noticed how CL settled just above the 50% level at 109.4 tonight. Have a feeling the 38.2-61.8 levels will be a decent swing trading opp...who knows. Have a good weekend.
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 15, 2011 19:46
any buyers in silver here on b/o to 43?
Gunjack
London, UK
Posts: 1184
13 years ago
Apr 15, 2011 19:45
In Thread: EUR
@Cat0nip I warned you about that GS call being a potential headfake. Good luck with the short russki oil stks