Gold unfazed by the FED

Discussion in 'Commodity Futures' started by xandman, Dec 9, 2016.

  1. xandman

    xandman

    I trade options. So, the true position can be obfuscated. I can't post the blotter either. I am very secretive of the current broker/platform arrangement. Sorry.

    At best, I can say: Long Jan17 - Short Feb17 GC 1160 Calendar @ 9.0. Long on volatility but the upside was muted by the forward roll (not anymore). It's serious size in my fantasy land.
     
    Last edited: Dec 14, 2016
    #11     Dec 14, 2016
  2. Handle123

    Handle123

    Every time Gold has rallied, I been selling it and hedged. I need Gold to get down to 997.20 before I can start looking for buys. I have lost track how many add-on/hedged trades I have done since the highs in Sept 2011, recent highs till July 2016, wiped out remaining positions put on for past 3 years. Am glad I keep having one target to unload 50-25% of position. Long term trading is all about patience till it time to get active.

    Happy Holidays all.
     
    #12     Dec 23, 2016