Things are well. RT check out our pit trading project today if you get a chance. go to www.comtrading.blogspot.com and clik on the watch us trade link on the right. We'll be trading from 11:25-11:55 CST. Should be fun.
caroy: I need you to release some VERY bearish news today...I'm with the locals on the gas trade....net short 500 at 2.37, couldn't ever get a fill until the last trade, didn't want to dabble in the middle and was always trying to buy or sell the fringe...I think the locals spotted my retail order and got a head of it!! ha ha...now THAT is a true realism factor! [/B][/QUOTE] I'll have to admit i was running paper on the day. And as a local netted 39,000 for the day before i switched over and helped the Navy brokers clear their deck. I predict massive buying on the open and then who knows when the report comes out. could be bearish! the race to be flat by the end should spike the volatility but who knows. I did have to bust some price fixing by two of the locals. All fun for the kids. It is a good time and it beats the usual paperwork I'm stuck doing. Thanks again.
I'll have to admit i was running paper on the day. And as a local netted 39,000 for the day before i switched over and helped the Navy brokers clear their deck. I predict massive buying on the open and then who knows when the report comes out. could be bearish! the race to be flat by the end should spike the volatility but who knows. I did have to bust some price fixing by two of the locals. All fun for the kids. It is a good time and it beats the usual paperwork I'm stuck doing. Thanks again. [/B][/QUOTE] yea...I was watching your live stream yesterday...seemed like it was easy money as a scalper, us poor retail guys can't call in orders fast enough though...lol! Yea...I'm a Navy customer...was wondering why our orders were taking so long...the one kid in the pit though was really active, looked like he sure was getting into it. LOL on the price fixing....thats too good....
Rtrader: its just for caroy's mock pit trading project...they are trading the price at the pump...not the RBOB...I'm not that good or lucky to still be short the real thing!
hahaha!!!1 i get it now, I was like wow I didnt know TX was that big of a shooter. Thatd be a literal fortune!!! I like the site and project Caroy, I remember reading about it a while ago. What a wonderful project, kudos.
Looking over charts today, I'm seeing some long term support for Cotton at 42.50 on the continuous chart. I may be looking to buy the Dec at this level for a bounce, although I am holding off longing any more commodities long term until the equity markets get straightened out. In addition to commodities, I'll daytrade the ES some as well, and am seeing the possibility for the S&P to roll back over again.
I exited my March Bean/Corn spread tonight at 541.00, booked a 35 cent profit, just want to take some stuff off the table right now in search of even better opportunities sometime this week, overall though, I think this spread still has more room to run, possibly up to $6 even by March, but I'm done with it for now.
yeesh...Dec. Cocoa didn't even register with me today, missed a great short opportunity. A break of the recent lows would confirm, but the weekly continuous chart is showing this one could go clear down to 1400 before getting any strong long term support. Also some support at 1600, but either way, looks to be more money on the short side on this one.
i really dont ee much i like, coffee is in no mans land here imo. Id really like a pullback. But I may never get it, I guess I just dont like looking long here. Dec/april hogs??
whats happening fellows - Sugar is sweet - Huge Obama energy policy raly has started today = stay tuned