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I'm of the following opinion: - I think the world's financial system is unstable and can break down - This can happen in a week, or it can take 15 years (meaning: a really long time) - We're in a global bubble, and I'm leaning towards it having a bit further to run - We won't see -10%...

During the thread we've talked a bit about books on spreading. I'd like to point out Howard Abell's book called "Spread Trading". I think it's a very good book, although it's 10 years old now. Using IB I create a Combo for the spread, when it's possible (calendar spreads). Then you can leave...

The strangest thing happened: I've left an order to sell the HO spread at -0.0600 for many days now - GTC. My position is 2 contracts, and the order was for two. This morning, at 14:11, I got executed 1 contract. Looking at Interactive Broker's chart of the spread I see it's been around the...

The meats are not part of my strategy, although I sometimes trade them on the side without including it here. I've noticed the same thing with intermarket spreads: You need to create the combo again every day, and orders are deleted.

I did try timeandtiming, but more to take a look at it than to put it to practical use. I think I'll give it another shot in the new year. The downside is it gives med a DOS-feeling (which I don't like). Might be useful, but I have a better feeling for seasonex since they group days together...

I'm not a subscriber to MRCI, but I see their work a lot. I think they do a good job selecting spreads, and displaying the spread in a pretty accessible way. The charts are made using historical data over 20 years, with the dates moved around a bit to account for weekends/holidays being on...

Added another contract at -0.0950, making the average -0.0900. For the record I'm now: Long 2 May 08, Short 2 Dec 07 HO Heating Oil @ -0.0900 Oh, and can someone rush some sell-orders to the pit for July Soybean Meal?

I've also entered the other way in Heating Oil: Long 1 May 08, Short 1 Dec 07 HO Heating Oil @ -0.0850 I've got another contract offered at 0.1000 if it's to make yet another pop, but I doubt it'll happen. The whole thing with Heating Oil bugs me at the moment - I missed the perfect...

I've entered the following spread: Long 2 Sep 08, Short 2 March 08 CL Crude Oil @ -2.25

Today I've added one more contract to the Soybean Meal spread, this time at -4.40. The average for the four contracts is now -4.875. This is the full position size. Long 4 Dec 07, Short 4 Jul 08 ZM Soybean Meal @ -4.875 I'm looking to hold this to the beginning of November.

Hi J-Law, You can see from the latest update what my best trades have been. In raw profit the Oats vs Corn trade was a homerun, but Eurodollars, Natural Gas and RBOB Gasoline have been good as well. From the closed trades, the statistics are as follows: 71% Profitable trades Avg...

I think when it comes to wheat it's very dangerous right now to work from a seasonal basis.

This week I've been kind of busy, and ill at the same time. But basicly, the Heating Oil position went through my stoploss which was at 0.1200. I tried using limit orders to get out of the spread, but there was no buying and I didn't get filled until Wednesday 26th at 0.0970. So, basicly 4.000...

Dec Wheat at 900 again now - this could be the mother of all short-squeezes.

Today I added yet another contract in the ZM-spread - this time at -3.60. The new average for 3 contracts is -5.0333. For the record this reads: Long 3 Dec 07, Short 3 Jul 08 ZM Soybean Meal @ -5.0333

Sorry guys: I gotta buy Timmay's book now :) This is just hilarious!

Today I added another contract in the Soybean Meal spread, this one at -4.50. With my first contract entered at -7 this makes the current position of 2 contracts at -5.75 avg. For the record this reads: Long 2 Dec 07, Short 2 Jul 08 ZM Soybean Meal @ -5.75

Spectre2007, you know: "Elder's Triple Screen" refers to confirming entries/exits in three different time frames, not actually using three monitors :) Perhaps you knew that, but just checking...

Yesterday saw the spreads in financials break and give up quite a bit of profits, and the uptrend looks to be broken. Today I've made the following trades: Sold 1 Dec ZN 10-Y Treasury Note, Bought 1 Dec ZF 5-Y Treasury Note @ 2 20/32 - CLOSED - PROFIT of 27/32 which is 844 usd. Sold 1...

I've closed out the NG spread at -0.704, even though my profit target was set at -0.650. My reason is that it looks like the move has ended for the time being - the momentum has stopped for now. Sold 1 Nov 07, Bought 1 Dec 07 NG Natural Gas @ -0.704 - CLOSED - PROFIT 0.200 which is 2.000 usd.