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stopped 47 long 47

sh 46

limit filled 43

sh 45.5

stopped 46.25

long a few more at 48.25

long 1 march at 1549.75

June front month now?

The brent/wti spread went from around 2100 yesterday to 1830 today. That's like crude going from 99 to 90 in one day!

chart shows high of 53.25, but probably wrong, time 1.30pm gmt barchart says high of 53.5

out 51

exploded up anyway !!!:D

Afternoon gentlemen, Market consensus is for job gains of 171,000 and the unemployment rate to fall to 7.8% from 7.9% Personally expecting a shock report, 8% unemployment and less than 171k jobs. Would expect market to explode up if i'm right; if consensus or better would expect a...

:(

No, he is short euros and long gold. Think about it this way. He borrows some euros, exchanges them for dollars and then goes off and buys some gold with the dollars. So he owes the bank euros (i.e. short euro) and he has some gold coins in his pocket (i.e. long gold).

He would have been better off buying gold in yen though. It's near record highs. You can see the charts for different currencies here: http://www.bullionvault.com/guide/gold/Gold-chart

No, he expects the price of gold expressed in euros to go up.

Nah, the guy is long gold (in US dollars) and SHORT the EURUSD cross.

A sad twist of fate...:(

:D , lol. If you want to buy gold, you should buy it using a weakening currency such as Yen or British Pounds. My purchases of gold have all been in pounds :)