International Index Trading

[Edwood]

Not stressed at all mate, I love trading it. Seems to suit my method quite well, just need to sharpen up a few things, sim sim sim sim sim sim

good on you mate - all the best with it

Global markets taking a kicking, not a great look into the weekend....

 

[ThingyMajiggy]

LOL...the result of rather aggressive pyramiding. 708 points in 20 minutes

 

[ThingyMajiggy]

TH, Did you call HK names? It seems upset! Anyone want to see a near perfect downtrend, pull up the arvo session of HSI

 

[Trembling Hand]

TH, Did you call HK names? It seems upset! Anyone want to see a near perfect downtrend, pull up the arvo session of HSI

she's angry isn't she

 

[Wysiwyg]

LOL...the result of rather aggressive pyramiding. 708 points in 20 minutes

Easy AUD5K.

 

[ThingyMajiggy]

Easy AUD5K.

Yeah doesn't mean much though, not possible in real life, unless you're swinging one HELL of a big line, I'm just cuttin sick on a sim account, I really should start playing properly, so its realistic, but its so much fun when you get these sort of results for January this year...

An "easy" $365K AUD lol.

 

[Edwood]

lol Sam - that's outrageous! hope you can replicate on the live account

latest view on GBP-NZD - making assumptions on getting a decent bounce in equity markets mind....

 

[ThingyMajiggy]

Todays efforts from the morning session on the HSI. Gapped down, shot up, and has come off in the last 40 minutes or so, pretty hard too.

 

[Edwood]

not sure if there's a GBP-NZD thread here, so here it goes by default - bit wishful I guess

 

[Edwood]

nice reaction off the .76, bottom could well be in on GBP-NZD (15 min view)

 

[ThingyMajiggy]

Zee Germans don't seem too upset, nice change after everyone else crackin' a wobbly today

 

[skyQuake]

Zee Germans don't seem too upset, nice change after everyone else crackin' a wobbly today

Think theres some fresh bailout news/rumour, FTSE rallied fairly hard too.

 

[Edwood]

potentially an entry setting up on gbp-kiwi. a tad nervous longing sterling tho....

 

[MRC & Co]

Think theres some fresh bailout news/rumour, FTSE rallied fairly hard too.

Suck fing sh*t to those SPI reject fund traders!

When the markets looked bullish and ready to re-test the highs, they panicked at nothing!

May get a panic buy 2morrow morning if they don't auction it up to high.

 

[ThingyMajiggy]

Suck fing sh*t to those SPI reject fund traders!

When the markets looked bullish and ready to re-test the highs, they panicked at nothing!

May get a panic buy 2morrow morning if they don't auction it up to high.

Why would they do this? I was thinking most things looked reasonably bullish before today too, would they be in and out during the same day or will we see massive short covering tomorrow or tonight etc? That's if you know how they work? I'm just curious

 

[MRC & Co]

Why would they do this? I was thinking most things looked reasonably bullish before today too, would they be in and out during the same day or will we see massive short covering tomorrow or tonight etc? That's if you know how they work? I'm just curious

Definately not intraday, they were larger positions they were closing.

Unsure if long covering or short positions, don't look at OI as it's all the same in my book, but they won't be able to reverse either tonight, no liquidity, unless they imperect hedge it with another index.

This is why tomorrow you may get them switching on their buy bot which will march it up at open tomorrow if they want to reverse that position realising they are wrong. Just an idea. Probably more likely if the US remains flat, than if it rallies hard. TH probably has stats on that one!

 

[ThingyMajiggy]

Definately not intraday, they were larger positions they were closing.

How do you determine this?

Unsure if long covering or short positions, don't look at OI as it's all the same in my book, but they won't be able to reverse either tonight, no liquidity, unless they imperect hedge it with another index.

This is why tomorrow you may get them switching on their buy bot which will march it up at open tomorrow if they want to reverse that position realising they are wrong. Just an idea. Probably more likely if the US remains flat, than if it rallies hard. TH probably has stats on that one!

Could they not be "wrong"? US is down again, DAX has come back to its open nearly, could they know....stuff? I'm just thinking out loud.

Cheers for the reply

 

[MRC & Co]

How do you determine this?



Could they not be "wrong"? US is down again, DAX has come back to its open nearly, could they know....stuff? I'm just thinking out loud.

Cheers for the reply

You determine it by the size of the orders and the obvious panic of them. No intraday trader trades like that, it would be suicide, they were sweeping out bids like they were dust on the floor, desperate for the fills! Only 'paper' (institutional money) moves like that!

Personally, it looks to me like they got spooked by the Euro (which led the entire down move, including the early morning grind lower), which they happened to forget is not correlated to the equity indices at the moment!

This price action at the moment means nothing though, in the scheme of a daily chart. Today's panic assumed they wouldn't get a chance tomorrow for those fills or in the coming wk, so it better go down fast or those fat cats are gonna loose some weight!

 

[Edwood]

potentially an entry setting up on gbp-kiwi. a tad nervous longing sterling tho....

there's the retest, long GBP now...

 

[Edwood]

http://www.safehaven.com/article-15936.htm


"The Securities and Exchange Commission voted on Wednesday to limit short-selling of stocks that are falling rapidly in price, The New York Times's Floyd Norris reports."


must be worried that another large fall is coming....