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Re: Commodity Bull: Death Rumours Greatly Exaggerated
I will share one of mine. This shows gold and is static ()it won't update daily as my original does).
It should be rather educational, especially in the additional context of roll.
This is normally a private chart so needs some explanation. The note at the top indicates when the roll was done and how much dollar adjustment was made when the roll occurred. The "-20", -60", "-100" etc, are constants used to adjust the actual differences between contract months simply so they would fit in a relatively small scale.
One of the most "interesting" (in the sense of the old Chinese curse ;-)) areas is how much futures bounce around when compared to spot.
... and yes Finster (and others), there are too many lines for the preference of most, but it is the way I work. It's easy to see daily motions at the far right.
Originally posted by grapejelly
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It should be rather educational, especially in the additional context of roll.
This is normally a private chart so needs some explanation. The note at the top indicates when the roll was done and how much dollar adjustment was made when the roll occurred. The "-20", -60", "-100" etc, are constants used to adjust the actual differences between contract months simply so they would fit in a relatively small scale.
One of the most "interesting" (in the sense of the old Chinese curse ;-)) areas is how much futures bounce around when compared to spot.
... and yes Finster (and others), there are too many lines for the preference of most, but it is the way I work. It's easy to see daily motions at the far right.
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