Recent content by Mr Spud

inclined to agree with you ref wheat ...I think the market needs time to work off the fall oil does look like wheat did back in march a 30% fall could easily happen

and it was a good call ! at the time I thought it was going to the moon ... any thoughts about it now ? ...my gut feeling is we havent seen the end of the rally ..it reversed off the contract high at 1350 like it had hit railway buffers..interesting also that I read somewhere that Goldman...

good call tar ...on the 7th Mar July closed at 1068 ...on the 12 March it peaked at 1272.50 ..200 points north ! THEN it went south :) how many times have we been right about the market but oh so wrong on the trade ! ..beeen trying to catch a few knives all the way down ...not entirely convinced...

well they shook my tree and made me fall ! stop loss kicked in at 1075 got a buy order in for a pull back to 1010 area ....not sure if i'm likely to be filled though

anyone else trading this....been holding longs since september ....had to ride some pretty severe reversals but currently long on an average price of 935 for March ...just wish I'd had the balls to put more on...limit up 6 sessions in a row !

is anyone else following this ?..has to be said DaveT is a legend ...did take 3 years though !

Dont know if anyone else has posted this but IMO its a mistake to focus on just one fib level...if they work at all then they work much better where there is a 'cluster' or confluence of levels from different thrust points....Robert Miners work and Joe Dinapoli both point to this and IMO and...

I'm sure there are people out there who do successfully trade in the aftermath of the figures and just because I havent been succesful at it doesnt mean I should assume that others cant be ..so point taken ...but to get back to the original point actually HOLDING over figures seems to me to be...

'feels good sense of power' oh dear ......... There are old traders and there are bold traders but there arent any old bold traders if you trade like a gunslinger then you're the one that eventually gets carried out feet first why do prop traders mostly trade spreads ? because they can see...

Stevet..... I think you'll find the ones left at the end of the battle are the ones hiding behind the tanks !

I must say I'm slightly surpised by what I would describe as professional traders being prepared to hold positions over the US figures ...on something like the bund you can see a 30 point spike when figs are released...how can you manage the risk in something like that ? IMO holding over data...