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squawk replied Apr 20, 2020Took some profit and brought stop to just below the open.
Mr. Scott's Crayon Thread
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squawk replied Apr 20, 2020Thoughts are that $15 ish might become support here based on contract pricing. June versus May.. Volume 240k versus 42K exp 21April
Mr. Scott's Crayon Thread
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squawk replied Apr 20, 2020Gold / Crude spread out of control. Average Gold Crude ratio over the last 25 years has averaged 15.8, with 6.2 being the lowest and 47 being the highest in that period. Right now its around 120. I think we will be looking at the crash of the US ...
Mr. Scott's Crayon Thread
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squawk replied Apr 19, 2020EG thoughts possible trade pullback against current trend.
Mr. Scott's Crayon Thread
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squawk replied Apr 19, 2020Have started buying crude now as we are now in the territory for the lows of 80, 94 and 98.
Mr. Scott's Crayon Thread
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squawk replied Apr 19, 2020Hi Steamroller this is a longer term trade for me. Price movements have had more to do in this commodity due to the mine closures. Uranium doesn't trade like other commodities, rather contracts are negotiated privately between buyer and seller. The ...
Mr. Scott's Crayon Thread
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squawk replied Apr 18, 2020I have been in Uranium for the last 2 years. Finally looks like we might be breaking out to a new bull market with mine closures. I see commodities starting into new bulls end 2020 and 21 with bearish US dollar and forward contracts needing to be ...
Mr. Scott's Crayon Thread
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squawk replied Apr 17, 2020Ben, looking at possible $15 here. I cant see price staying around here to long. Trump will want to apply some pressure here soon or otherwise he will see some swing states for him get smashed. Fracking new cost in those state is around $40, and ...
Mr. Scott's Crayon Thread
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squawk replied Apr 16, 2020Still waiting for squeeze on coffee to upside. Still looks like its holding but 104 test may come. But long term wedge squeeze is still looking on.
Mr. Scott's Crayon Thread
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squawk replied Apr 16, 2020Closing out of AN and waiting for another pullback. Made a good sum on this trade but low was tested on low leverage so added some additional in. Still low end of the range here from a long term perspective so running to 108 in this run is possible ...
Mr. Scott's Crayon Thread
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squawk replied Apr 16, 2020Hi buddy, Its to early, next jobs number will show the result your after. The jobs report was end of March, most job loses started early April. Lots of value has been taken from the AUD already though and things may not be as bad as first forecast ...
Pivot Trading
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squawk replied Mar 26, 2020One thing that seems certain to me that there will be an explosion in commodities after all this subsides. Coffee is one that I have been trading,
Mr. Scott's Crayon Thread
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squawk replied Mar 22, 2020I switched over to using trading view in 2012, more and more these days as I reflect back on charts in trading-view i cant believe my markups were almost 7 years ago now. Time flies and I'm feeling old..... I started trading currencies in 2006, 14 ...
Mr. Scott's Crayon Thread