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Re: Hal/Silverbear
In Response To: Re: Hal/Silverbear ()

Haligonian Hal,
I've been to Halifax several times. I love the place - especially the waterfront bars!! I'd move there in a heartbeat. I've travelled throughout Nova Scotia and enjoyed the area. Of course my Scottish heritage told me that "THIS is the place". Do they still have the piper at the border?
I trade HOD/U since I am trading with loonies (currency, not other traders). I didn't want to loose the currency edge, and HOD has good volume so I stuck with the Cdn ETF's. I considered trading DUG, but decided that I was further ahead trading HOD.
I use monthly and weekly pivots for trading tiggers. Oil fell below the weekly pivot this am (111.25) and I was tempted to put on the trade. I'll wait until 2:30 - 3:00 before deciding. It will be a counter trend trade ( I am looking for 106.00 in the short term). Long term, Oil is still a bull market - DUH!!
I also trade natgas - (HNU/D). Very volatile market. I also considered trading ECA - but it has been acting strangly lately. I can trade HNU/D easily.
If you follow Stockhouse - go to the HNU board - Maxcan is the best poster. Also, try this board - excellent Natgas traders board - (Wolf is the best futures trader).


I am very reluctant to short Oil here - although the pivots have certainly worked well in the past. I shorted it the first week in March and made a few bucks - but my "gut" is telling me to wait to get long again. These counter trend trades can seriously bite you in the ass quickly! LOL


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Re: Hal/Silverbear