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Metals

  #11 (permalink)
 
dbarno's Avatar
 dbarno 
Madison, Wi
 
Experience: Intermediate
Platform: Ninja Trader, Trade Navigator
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Been trading PL for about 7 years. Looked into PA, but a little too thin for me to trade. PL has a big seasonal long move between xmas and new years. Don't tell anyone!!!! LOL. Like to see PA moving the same direction as PL. Made half of my income off PL this year. Day trade it also. Slippage can be a little high at times.

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  #12 (permalink)
maxinger
singapore
 
Posts: 15 since Sep 2017
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for crude oil/Heating oil/ RB gasoline / Natural gas, we can get important date / time as to when the inventory / production data .... will be released. we can get it from EIA websiste.

similarly for grains, we can get the info from USDA.

how about metals like copper, zinc ...?
I would like to know just the important date / time reports will be released.

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  #13 (permalink)
 myrrdin 
Linz Austria
 
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maxinger View Post
for crude oil/Heating oil/ RB gasoline / Natural gas, we can get important date / time as to when the inventory / production data .... will be released. we can get it from EIA websiste.

similarly for grains, we can get the info from USDA.

how about metals like copper, zinc ...?
I would like to know just the important date / time reports will be released.

I do not know of any complete supply and demand reports, comparable with those mentioned by you, for metals. I receive Shanghai copper warehouse stocks and LME copper stocks from the Hightower Report, but I am sure that you can find them at the Internet sites of these exchanges, too. There you might also find these figures for other metals.

Best regards, Myrrdin

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  #14 (permalink)
 AfewUniversesBelo 
Bel Air, Maryland
 
Posts: 22 since Jul 2017

My aesthetic eye says Gold down today may be the start of a trend?

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  #15 (permalink)
 halperin 
atlanta
 
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could someone help me setup my gold chart. Im just curious what the pit session times are for Gold where it is most active. for example for the ES mini i have 9:30-415. I cant find what the times for GC are. Thanks.

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  #16 (permalink)
 myrrdin 
Linz Austria
 
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halperin View Post
could someone help me setup my gold chart. Im just curious what the pit session times are for Gold where it is most active. for example for the ES mini i have 9:30-415. I cant find what the times for GC are. Thanks.

Via Google I found some information regarding open outcry at this site:
Futures Trading Hours - Commodity Futures And Options Daily Schedule .

Gold futures: 8.20 - 13.30 (ET) .

Best regards, Myrrdin

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  #17 (permalink)
 halperin 
atlanta
 
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thanks! so thats a much shorter trade window there vs the s&p.

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  #18 (permalink)
 myrrdin 
Linz Austria
 
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Currently I hold the following positions:

GCJ
GCJ-ECH
PLJ
I expect inflation to grow during the next couple of months, and, thus, gold price to rise. As I am not sure about the Euro I hedged some futures with a short Euro position.

According to MRCI these trades are suppported from December until end of February, and should move sidewards for the next couple of months.

COT data is bullish.

Best regards, Myrrdin

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  #19 (permalink)
 myrrdin 
Linz Austria
 
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I just entered the SIZ-GCZ spread as a longterm trade.

The spread currently is at approx. USD -45,000, the recent high is just below USD -53,000.

First target is around USD -35,000, second target around USD -10,000.

But it might take years to get there.

Best regards, Myrrdin

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  #20 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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So your hypothesis is that Silver will outperform Gold, but your doing that as 1 contract:1 contract trade? Isn't the danger that the trade becomes dominated by the Gold position since it's so much larger? More specifically if Silver goes up 50%, and Gold goes up 35%, your hypothesis would be correct but you would actually lose money. On the other hand if Silver goes down 25%, and Gold goes down 20%, your hypothesis was wrong but you would actually make money.

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