Daniel

gasoline trader by training, systematic commodities by leisure

[Joachim Moser @JoachimMo1985]

I am thinking of doing a little systematic trading workshop (for free) and create a strategy showing „Real Test“ in action. I would randomly pick 5-10 people. When you are interested please like and retweet! PS: No coding skills required.

[Daniel @DanielFokCH]

@Big_Orrin I thought that the stronger Iranian and Russian flow to China was a symptom of the weak RMB. Unipec is reselling its cargo that it cannot take.

What do you think about this theory?

[Daniel @DanielFokCH]

oops, ratio of the Low-to-Close versus the Previous-Close-to-Low**********

[Daniel @DanielFokCH]

So apparently last night was one of the biggest reversals the S&P500 has ever experienced... Curious to know what (historically) happens next?

[Daniel @DanielFokCH]

Lastly, here's the price chart with these filtered points highlighted. While you do get --some-- bottom pickers, there will still be some dead cat bounces for sure

[Daniel @DanielFokCH]

oops, ratio of the Low-to-Close versus the Previous-Close-to-Low******

[Daniel @DanielFokCH]

I am using OHLC data since 18th September 2000. Would be nice to have some data since the 1960s... 😜

You can see in the table shown that "ratio open-to-low vs low-to-close" is my measure of the extent of reversal.

[Daniel @DanielFokCH]

@TradingThomas3 Some statistics on this sell-off:

https://t.co/rpMg3oGpAh

[Daniel @DanielFokCH]

So apparently last night was one of the biggest reversals the S&P500 has ever experienced... Curious to know what (historically) happens next?

[Daniel @DanielFokCH]

Not investment advice, thread carefully!

[Daniel @DanielFokCH]

Why should you never be a metals trader?

It’s ore-ible

[Daniel @DanielFokCH]

@tanayj You forgot about where its valuation was at when the pandemic struck

[Daniel @DanielFokCH]

@PhanVeeLeung @zhusu Do you think India negotiating to pay for Russian crude in rupees is an indication of India leaning away from the US faction and towards the ChinaxRussia faction or just a temporary thing because of the conflict?

[Daniel @DanielFokCH]

Russia is running on 19th century politics where balance of power matters. The west is therefore to blame for the Ukraine crisis then (and probably now as well).

[Daniel @DanielFokCH]

https://t.co/Z7ab9I2oM7

Really interesting discussion about the Crimea invasion in 2014, still trying to digest the information.

TLDR: EU/NATO expansionism is 21st century politics in pursuit of stability in the form of homogeneity (for a lack of a better word) whereas ...

[Daniel @DanielFokCH]

Just picked up 5 cents from the ground. I’m gonna be a billionaire

[Daniel @DanielFokCH]

@PhanVeeLeung Speculators' net positioning for reference...

5-year percentile, DXY contract: 82%
5-year percentile, CME EURO FX contract: 74%

Not the most extreme USD positioning we've seen in recent history but definitely the most net long it's been since late 2019 on an absolute basis.

[Daniel @DanielFokCH]

oh boy

[Daniel @DanielFokCH]

US labour market is ridiculously tight