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larry expecting some armageddon type news too, bavk to his bearish self.
went short gold earlier so hoping its not too armagedonnish 🙂
unexpected cut in interest rates!
http://www.bbc.co.uk/news/business-24851483
Currency traders will be interested.
Closed my sp longs for 100 odd points
xlosed gold long for break even
looking to add to ftse shorts!
Cheers Ark. Think I might run the sp long against my ftse short which I will add to tomorrow(the FTSE short I will add to not the long)
Fort the record I am also Long gold from1320 with stop now at break even.
I will do the search as you suggest.
Great Call Paps.
Paps thanks for you input it has kept me focussed….
Ark , not sure if you saw my post before but what instrument do you use to play the S&P i have used the ishares plc s&p500 (iUSA). Â and the market has moved well over 50 points since my entry but my account isn’t showing the same sort of profit i would have expected. I use suk2 for FTSE shorts and that is much more reflective of the market
Couldnt agree more paps, I have been long and been buying most dips for the last week or so.
I might start banking some of my longs from today or put a trailing stop. Â But as Ark says its down to trading styles I suppose to take the 3/4 points u mention u have to be nimble and sat at the pc for most of the day which is all good for full time traders and thats there bread and butter.
Houd it would be a low risk short with a tight stop…not for me tho. rather see how it reacts. I am sure its worth 3 points K style 🙂
