Something to think about (source): image

WTI Crude Oil Trading

Here's some confirmation that we are in a risk-sentiment trading environment. The gold/yen correlation is pretty high right now. 15M: image 5M: image

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

Over the past couple hours, Crude (CL) and Gold (GC) have had an uncharacteristically high correlation. I expect this to breakdown once the market takes a direction. Crude in red/green and Gold in purple.

Sweet, sweet Oil

I tend to agree with this outlook but for now it looks like Gold is settling into this tight trading range. I see a break to the upside as the more likely scenario. I hope so because I'm long gold.

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

Man, good luck. It's always a losing battle against these brokers. I'm rooting for you though. Let us know what happens and which broker.

WTI Crude Oil Trading

Gold right now is trading in a pretty narrow range. I'm looking for a break to the upside.

Gold RIGHT NOW

New week! Acct: 8684 Trade Explorer: url

Energy Competition Zone (Demo)

Anyone beat 21.9% for last week?

Energy Competition Zone (Demo)

What a gap in WTI CL. Volume is high for a Sunday. It looks like a good shorting opportunity but I'm not sure. I have a rule against fading.

WTI Crude Oil Trading

Don't forget. You still won week 1 and are in the Hall of Fame! Hope to see you back in the competition zone next week!

Energy Competition Zone (Demo)

Now I'm starting to understand the conundrum that the ECB is facing. They're basically out of monetary policy tools? Fortunately for Draghi this is soon going to become Christine Lagarde's problem to deal with. Thanks for dropping this knowledge on ...

High Impact Events Trading... Gold & Copper

Here's where I stand going into Friday. image

Energy Competition Zone (Demo)

Waiting on my current (2nd) trade:

Brent/WTI Hedging Strategy

I'm not sure what's going to trigger volatility to close out the week. Are we headed for a range bound Friday? The most likely cause of Friday moves could be the retail sales report. It would have to probably surprise by a pretty big margin. I don't ...

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

US Retail Sales - September Preview Core Retail Sales m/m Retail Sales m/m Forecasts Core Retail Sales - Core Retail Sales m/m is expected at 0.1% vs 1.0% prior - In Bloomberg's survey of 65 economists, the average forecast is 0.1%. Majority of ...

High Impact Events Trading... Gold & Copper

WTI was falling and just like most other risk assets. Then, there was a complete reversal. It's most obvious by looking at the euro, but it was across quite a few different asset classes WTI being one of them. It was like a V-shape reversal.

Sweet, sweet Oil

I think you are. I've been holding mine for almost the same.

Brent/WTI Hedging Strategy

Hey bud. Yes! Of course the winner's Trade Explorer will be attached and displayed at the top of this thread weekly. I had to take last week's winning Trade Explorer down because there were trades this week that brought it to a negative return. I ...

Energy Competition Zone (Demo)

Your forecasts were impressive. These two were notable surprises that disappointed the market. The market was pricing in 15 basis points. That meant expectations were split. There were a lot out there believing they'd deliver a 20 basis point depo ...

High Impact Events Trading... Gold & Copper