- This topic has 479 replies, 8 voices, and was last updated 9 years, 7 months ago by
.
-
Posts
-
The EU has made clear that it will not write off any more Greek debt. Doing so would, it fears, encourage other struggling Eurozone states to default, and so cause the project to unravel. But Syriza, the party that won yesterday’s general election, is equally uncompromising. Its leader, the telegenic Alexis Tsipras, tells voters that he will cancel the austerity and repayment programme ‘on my first day in office’.
Read more: http://www.dailymail.co.uk/news/article-2926079/DANIEL-HANNAN-s-Eurocrats-real-fear-Greece-quits-thrives.html#ixzz3Px1kvYIf
Follow us: @MailOnline on Twitter | DailyMail on FacebookThere are a lot of gold longs atm both large and small traders.
I am in no rush with gold or silver longs. They are for dow gold ratio near to one trade. 🙂 some even think the ratio will be 0.5. ie. Gold in dollar terms will be double the points of the dow. Who knows what levels that may mean….Dow 7000, gold 14000?
the other interesting ratio in all this is gold silver ratio which is about 72 at the moment. Historically it has spent quite a bit of time in the 10-15 range. Thus, in theory silver will make a better return than gold if those ratios return.
Ftse upto 6875 in ooh.
Open a small short thinking that if it does break 6900,
I will just hold until we retest 6000 or even 3500 🙂Never give up, never surrender.
Market still trying to work out the Greek situation which is a
saga that has many months to run.FMOC wednesday.
EOM friday.
Small day trades and some small positional trades only for me.
Never give up, never surrender.
added to short hedges by taking some of the Dax 10800 roundie. have a target of 10950 , but still expecting a dip first by tomorrow/Wednesday.
Dax moving in fast bursts.
At this rate Dax 10950 could happen on the same day as Ftse 6900Never give up, never surrender.
http://fortruss.blogspot.co.uk/2014/11/grandmaster-putins-golden-trap.html
Putin’s golden trap…
FTSE only 20 ish points away from 6900, can’t imagine it won’t go there now it’s this close. Might even tag the 6904/5 high
Pop n drop? I am expecting some volatility with Greece in the minds of traders, let alone all the other nonsense in the world….
Ftse gap up indicated by ooh and after that I would
prefer a drop and a down close.
Dax and US majors may well do the same.
Then we get ready for FMOC on wednesday.Never give up, never surrender.
Greece looks to reduce it’s repayments and other people in other
euroland countries will watch and maybe vote for a party which
offers them better terms for their debt ridden lives.The crack in euroland will be a major worry through 2015.
Never give up, never surrender.
Low volume on the S&P yesterday and it’s thought
about 80% of trades were program trades.I guess these program trades are there to protect against
large moves against a funds primary positions.
Then there are the algo’s and the bots(robots) which are
likley to be involved in stop runs.I see a time when we will have an event which jumps stops
and causes hyper program trade activity which will hurt
some of the stop run programs because of multiple stop
jumps and then there will be an outcry against the bots 🙂Never give up, never surrender.
Ftse upto 6875 in ooh.
Open a small shortTook the profit.
No open trades.
Never give up, never surrender.
- You must be logged in to reply to this topic.