"riverbanks", love it, so true. once u can block out the noise/fomo, u realize this, but takes time/pain.
- RBOB flows heading in the right direction for that trade (even tho positioning is nowhere for me)
- Coffee positioning is there (Cocoa looks even better on positioning and flows but has been a heart-breaker for a while - sugar was the same until it worked, but had to be fast/nimble there)
- Yen positioning remains on the floor near max extremes
Even after realizing this I still, at times, catch myself having drifted into the shallows. I wrote this piece as a reminder to myself, as much as to share what I have learned with others. Wonderful to hear that you recognize your own experience in the metaphor.
Great feedback on flows/positioning. I suspect the late Feb/early Mar low in Cocoa will hold. We're currently long with a tight stop. Question for me is whether we retest that earlier low, or continue drifting higher from here. Let's see ...
Hi Mike. This is massively inspiring, and a welcome grounding message that I believe I will do my utmost to put on repeat. I look forward to getting more active here, and learning more about Macro Ops in general. Many thanks!
"riverbanks", love it, so true. once u can block out the noise/fomo, u realize this, but takes time/pain.
- RBOB flows heading in the right direction for that trade (even tho positioning is nowhere for me)
- Coffee positioning is there (Cocoa looks even better on positioning and flows but has been a heart-breaker for a while - sugar was the same until it worked, but had to be fast/nimble there)
- Yen positioning remains on the floor near max extremes
Even after realizing this I still, at times, catch myself having drifted into the shallows. I wrote this piece as a reminder to myself, as much as to share what I have learned with others. Wonderful to hear that you recognize your own experience in the metaphor.
Great feedback on flows/positioning. I suspect the late Feb/early Mar low in Cocoa will hold. We're currently long with a tight stop. Question for me is whether we retest that earlier low, or continue drifting higher from here. Let's see ...
we're always navigating the unsolvable puzzle
Hi Mike. This is massively inspiring, and a welcome grounding message that I believe I will do my utmost to put on repeat. I look forward to getting more active here, and learning more about Macro Ops in general. Many thanks!
So glad to hear it resonated with you and very much appreciate you sharing this note.
Looking forward to continuing to read and hopefully contribute to discussion from time to time