CL Redux

Quote from riskaddict:

I don't even bother looking at it anymore. If you want to trade off p/a trade coffee I'm not going to say it's easy but well... its pretty easy. You can plainly see buyers falling over each other to get in and sellers trampling each other to get out. You can chum like crazy to test a price and it is always very telling.
whats a penny move in there risk
 

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Quote from NoDoji:

I'm resigned to the fact that I will likely miss the initial breakout, so need to stay focused for the second invitation to get in.

Indeed, the second invitations are especially good if they come with counter moves on lower volume.
 
Quote from BCE:

That's why I think they are HFT generated. My take is there's some algorithm that's deciding when to put these on and when to pull them. That's what it looks like to me.

Maybe but I would think that they will not risk putting out so many contracts just in case. Also, I am not 100% sure about this but the exchange forbids them putting 'fake' quotes out there.
 
Quote from chinook:

Maybe but I would think that they will not risk putting out so many contracts just in case. Also, I am not 100% sure about this but the exchange forbids them putting 'fake' quotes out there.
It's not "fake" it's just analyzing and changing its mind second by second. It would be interesting to talk to a GS trader or someone that does trade size.
 
I read earlier that the only reason coffee was up the last two days was because all the sellers were at Carnival collecting beads.

106.70 come on baby!!!
 
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