Order flow is something I've never gotten that deep into as I focus more on fundamentals. I think learning more about it could only help and wouldn't be a waste of time. The drawback that I've found is the tools out there are tough to come by or ...

Is order flow relatively meaningless on crude oil?

I believe that healthy living is an essential ingredient to success in anything. The blog makes some great points. I know there's no concrete science behind it, but I am a strong believer in that eating healthy and being physically active have a ...

Is what you eat part of your trading plan?

I agree that the data tomorrow will be a catalyst for a move in WTI, but after going back to 2013 and looking at every first week in Jan release I'd be careful. Historically, crude inventories have shown a big draw. Check this out: image

WTI Crude Oil Trading

There's a reason why it's a favored indicator by many Fed members. Although it's surprising that there's really never any impact. The day after this post gold took off. Even after the news that Phase 1 of the US-China trade deal, it's still acting ...

Macro Talk

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High Impact Events Trading... Gold & Copper

It looks like the shorter-term weather forecasts are all calling for average to above average temperatures for most of the United States. NatGas could have some more room to fall. I wouldn't take the bet, but I'd hold off on longs for now.

Nat Gas anyone?

I'm not sure why, but Chinese investors are buying up copper to start the New Year, ahead of the China manufacturing data in 20 minutes.

Copper for everyone

Baker Hughes could have a slightly heftier impact heading into middle to late Jan and into Feb as the market gauges how big oil companies are going to budget for the upcoming year. Last year there were some pretty deep cuts in exploration. We did ...

WTI Crude Oil Trading

Gold and silver keep going. I'm finding it difficult to believe that it was the China PMI data when nothing else is moving. image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Chinese PMI data absolutely rocked Gold and precious metals while the aussie dollar didn't budge at all. Light liquidity conditions. Be careful out there! image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Natty gas is testing some critical support here. I still think that there's some upside risk as soon as the US gets a couple of winter systems coming through the major cities. It's been a relatively warm winter so far.

Nat Gas anyone?

Bold move. Gold has been hot lately but if China ends up signing Phase 1 of the trade deal we could see some declines in gold. It might take more than that to break through the $1500 level though. Good luck!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Even with liquidity as low as it's been, that $1500 level still marks a rally/sell-off point whenever it crosses through. This is pertaining to the CME's front-month. On Xmas even it broke through and the rally continued when markets reopened. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

And... this is why I stopped trading Natural Gas. It's the middle of winter but continues to drop. image

Nat Gas anyone?

After the Dec 9th lows, NG continues to slowly tread higher. In the middle of US winter, I still think there's some upside potential on those first serious cold fronts, when and if they ever come. It's been a pretty warm winter so far. The CME's NG ...

Nat Gas anyone?

Merry Christmas to you too detector!

Private Island Traders

After a flat open in the yen pairs, I'm not expecting much of a gap in gold. Last week there was very little volume and barely any price volatility. This week should be similar. image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Good call. I don't think it's real time but still valuable none the less. It's the continuous contract, which outside of near the rollover period I believe it's solely based on volume from the front month (or most active contract). ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Came back slightly. We probably won't see much movement in either direction until after the holidays. image

Palladium trading

Just to confirm what I've been harping on all week. There is absolutely no volume in gold (relative to avg trade volume). I expect very little volatility until after the new year. Check out this week: image

XAU/USD & XAG/USD - Gold & Silver Traders Thread