if I hadnt decided to trade the spread thing id be in major poop
I have been long 7 contracts since 6.8
luckily I decided to short nov for 7 contracts at the last moment a few weeks ago at 8.9
im try to bottom pick here, long 1 at 5 and 1 at 4.88
thanks for the link
I read that whole PDF
still kind of confusing though as to how they determine what in the money is....... they dont give a real answer, its some sorted of cme determined price, priced against futures and the pit price?
hey all my broker just doesnt know how to answer anything
lets say i buy a globex forex future put: oct 06 strike 1.27 on eurusd
if it expires IN the money what happens?
does it roll to next months put? to spotfx? to a future? to cash?
thanks!
you are way overexposed IMO
if you really want to try that style of long term speculation, you should be able to withstand a drop to below 450 IMO so you seriously would need more capital that you have
i used to regularly punt 10 mil orders through on oanda, and it used to have zero effect on the fx market
didnt move eurud, gbpusd or usdchf even 1 pip
bingo, north of olympic south of santa monica
u can get a pretty good 2 bedroom condo rental here for about $3k per month
the junk 2 bedrooms will start at $2k per month, sometimes even slightly under
you can rent a decent house for $4k
last year I made 200k working my business and...
Jennifer aniston in my neighborhood? yeah right
its a good neighborhood but nowhere near amazing
certainly not brentwood, beverly hills, bel air, santa monica or similar
the point STILL remains that I know what the owners of these houses and recent buyers earn.....
and they shouldnt...
I even downplayed my income, thats 200k as a small business owner with a mountain of tax writeoffs, so my effective income is much higher
grrrrrrrrr
this is bull****
I'm just going to rent for the next 10 or 15 years and continue investing / trading my money and then move out of state...
Hey all... I moved to los angeles in 2003
So I finally got my life in a groove and decided maybe now I should look at buying a house for the first time
So i first thing i did was went to a financial calculator, and worked out how much I should spend on a house if I was sane.... which I am...
where do you guys think a worst case floor price for winter is?
I was reading that the floor price should be at lowest about $5, because at that point coal power plants will be less economical to run than NG, so the demand for NG should increase rapidly as it approaches $5?
but what do i...
any place to see historical price differences between contracts as they expire (I mean as a contract expires, to see the difference between it and the next months contract?)
I wouldn't mind calculating it by hand i guess if i could find the data somewhere too
im long OCT 1 QG future from 6.8
and another now from 6.045
on a pretty large account, but i dont like losing money hehe
the difference in the price of the monthly contracts is just amazing to me
Im pretty new to NG, its movements are crazy
wow.....
some heavy duty selling this week
but nov and dec contracts dont seem to be that willing to give up as much....
I am definitely underwater on my positions now
where be the bottom lol
still doesnt make sense?
sept 06 is 7.320
oct 06 is 7.54
and nov 06 is in the 9.X
how can the cost of carry for NG be so high? like 20-30% per month?
the "contago" on gold for example makes sense to me