The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. Maverick74

    Maverick74

    Silver...
     
    #11841     Jul 1, 2016
  2. Many of the moves in silver and gold have taken place after hours/overnight, so nothing registered in my number lines. I had one decent silver trade, but that was despite the number lines. I'm going to have to sort this out.

    Maybe treat Globex like I treat FX and ignore settlement times.
     
    #11842     Jul 1, 2016
  3. Maverick74

    Maverick74

    My number line confirmed a week ago. I use London for all metals so ALL my metals are based on overnight moves, not US hours.
     
    #11843     Jul 1, 2016
  4. Thanks.
     
    #11844     Jul 1, 2016
  5. Maverick74

    Maverick74

    Just an FYI...the LME is based in London and metals while talked about in the US all the time are really foreign products and always have been. They really are not terribly liquid during US hours. They have always been a London market.
     
    #11845     Jul 1, 2016
  6. I was just looking up the LME hours. I see Gold and Silver are not traded on the LME, though they handle Platinum and Palladium. Bullion is apparently OTC at the LBMA. Interesting.
     
    #11846     Jul 1, 2016
  7. Maverick74

    Maverick74

    Yeah Gold and Silver are traded OTC but their domiciled market is London. All the big metal houses are in London and Switzerland. Side note, Marc Rich got his start in metals, not in oil, trading metals in Switzerland.
     
    #11847     Jul 1, 2016
  8. Found a piece that ICE now handles price setting for LBMA and their futures trading hours for gold and silver seem to be when Globex prices move too, and that's overnight New York as you say.

    Great stuff, appreciate the pointers.
     
    #11848     Jul 1, 2016
  9. Maverick74

    Maverick74

    Copper...
     
    #11849     Jul 1, 2016
  10. Maverick74

    Maverick74

    All that glitters...

    [​IMG]

    Gold, Silver, Platinum and Palladium
     
    #11850     Jul 1, 2016