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not as low as that Bentakeaway header,thought he was ploughing a field.
Dow down this pm early high hopefully.
For all traders the main problem could be that we
know this market can put in fairly big moves and
atm that would change many counts and patterns.Is does add some spice to trading if you can
keep your shirt or blouse đŸ™‚Never give up, never surrender.
Here is a new story to rattle the worlds bank shares.
The probe centres on senior traders’ communication
of client trades through electronic chatrooms, to rig
the $5 trn daily global currency market.More large fines, prison and breaking the investment
to retail link methinks.Never give up, never surrender.
Things continue to get interesting in the gold market. Â This Reuters
article may have some bigger implications soon. Seems the gold fixing might
be “fixed” — What a surprise-UPDATE 2-Deutsche quits gold price-setting as regulators investigate fix
LONDON, Jan 17 (Reuters) – Deutsche Bank will withdraw from gold and silver
benchmark price setting, it said on Friday, as European regulators
investigate suspected manipulation of precious metals prices by banks.Read here:
Imagine your trading via a bank and they are telling others
about your positions and stops etc. Your a sitting duck for
those irregular stop hitting moves.I wonder if other financial players will be investigated in
what could be a large clear out of crooks.Never give up, never surrender.
Lets be clear that the currency investigation revolves
around the 16:00 price fix used by pensions etc as a
way to standardise daily valuations.However, I doubt the public will be interested in this
distinction and just see the banks as crooked, again.After all if you move the exchange rate, there will be
winners and losers in this 24/5 market.These things do have a ripple effect and so it is hard
to guess where this may go later this year.Never give up, never surrender.
when will you guys learn that there aren’t any crooks, it’s just trading. Â I know that coz tepid told me – many times !! Â LOL
Then there was this. HSBC was always praised as being solid and requiring no capital injection.
http://www.zerohedge.com/news/2014-01-16/latest-hsbc-scandal-80-billion-capitalization-shortfall
However nothing matters as long as QE remains as it stands.
Plan your trade, trade your plan!
K, not sayin that it’s all rosy at HSBC … but at the same time I wouldn’t be followin any advice from those Forensic Asia guys. Sounds like maybe a case of disgruntled ex-employees havin a pop….they’ve certainly had a few pops at HSBC recently. Oh and their gold bull call last May was total stinky pants !
http://www.forensicasia.com/2013/05/gold-equities-a-golden-opportunity/
Also, I see at the other end of the poker table…. Goldman out with a buy on HSBC this morn !! You hv to laugh.
<span style=”line-height: 1.5em;”>http://tickerreport.com/banking-finance/110198/goldman-sachs-group-inc-reiterates-conviction-buy-rating-for-hsbc-holdings-hsba/</span>
LOL… now why did I give up years ago  trading individual shares again?
I think the Herbalife carry on in the US is the prime example where it really doesn’t matter a monkey what a stock’s profit/loss is like. It’s just one big game of ego poker….Ackman v Icahn. Who can convince the public they hold the better hand….. and all backed by clients money..win win !
You summed it up Scooby and indeed the best decision I made was trading individual shares.
To be honest no idea what is true or untrue.
If Governments themselves and manipulate and lie about economic numbers, then what chance do we have.
At the moment this market is one day at a time with QE pump.
Plan your trade, trade your plan!
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