Profiting from contract settlements
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Thread: Profiting from contract settlements

  1. #1
    I recently came across another thread. This poster claimed to have replied made money selling the Cad/US at the conclusion of every month. He claimed 95% victory
    he said:

    FACT 1. . .Canada is one of the world's largest oil manufacturers
    FACT 2. . .Canada the best exporter of oil and other oil products into the United States
    FACT 3. . .end-of-month oil contract payoff
    FACT 4. . .it is well known that oil futures settle in the last week of every month

    now this got me thinking about situations like this. I recall Henry Lui claimed to have the ability to make a profit out of a particular Wednesday with Japan settling contracts.

    There has to be a particular day/week in every month at which particular contracts or orders have to be filled. A bit of research could ascertain weather these times cause better market predictability. Anyone know of any? Or use?

    P.s. the cad/us sell broke this month

  2. #2
    I suppose that is similar to the week for JPY. Its the end of the financial year so branches overseas are repatriating their profits straight back to japan and so the JPY becomes bought up, thus the small drop in USDJPY even in the strong uptrend.

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