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International markets traders banter

Boy stinky old day. Whats going on in the world? Sun still came up today didn't it? :D

There's a case to be made that XJO needs to go back to 4300 and HSI to 20,000 at some stage before the major diarrhea...

May be we'd end the week in the green... who knows. :confused:
 
There's a case to be made that XJO needs to go back to 4300 and HSI to 20,000 at some stage before the major diarrhea...
All you need is Greece to form Government and to get a few more concessions from Euroland and the demented sentiment will go positive again for another period of delusion.
Other than that, the US fed may see the major risks to growth coming with the US$ rising too much against the Euro so they do more easing, which will buoy stocks and even gold might eat a few bears!
 
The EUR just dropped from 1.2725 to 1.27 in 3 minutes...:hammer:
 
All you need is Greece to form Government and to get a few more concessions from Euroland and the demented sentiment will go positive again for another period of delusion.
Other than that, the US fed may see the major risks to growth coming with the US$ rising too much against the Euro so they do more easing, which will buoy stocks and even gold might eat a few bears!

Agree these are pretty reasonable scenarios.

If I was Greece I would put all available money going long the most leveraged product (some idiots in Goldmans will be able to work that up), make some noise about how each part hates the other (and hence get a lower buy price), then collude between the various parties to form a government iafter 2 weeks.

Sell those insturments at a big profit as market bounces up on the news, then secretly buy up Greek debt CDS on the cheap. After enough has been accumulated, announce that they are defaulting.

Debt is cleared and they are left with hugh profits from those trades.

Greek proceeds to bail out USA with surplus cash.
 
So the DAX is sitting right on support as of yesterdays close? Makes for an interesting open. FDAX 06-12 (60 Min)  16_05_2012.jpg
 
LOL, the Kospi is now down 3%:eek:
 
Yup, things are really getting nasty now...my DAX system doesn't trade until at least 10 am exchange time, so maybe by that time it will retrace just in time for a mighty down draft!!:partyman:
 
Yup, things are really getting nasty now...my DAX system doesn't trade until at least 10 am exchange time, so maybe by that time it will retrace just in time for a mighty down draft!!:partyman:

Nasty indeed. I am scared even though I run a volatility-based system. The divergence between pairs are blowing wide open.

It's time to put on some converging pairs... geez it's quick and scary out there.

Can HK get to -1000?
 
Yikes, my Eur system went long...:eek:
 
bulls be encouraged by the current overnight in spx ......i was looking for 1323's and cfd hit 1322.80......first buys......not the low until cash opens.....

follow the poms, came the cry
 
I've not had a good afternoon, my dax system wanted a long but i had a data spike that looked odd and was not on the book, so i cancelled the order and restarted the strategy...it took a short, got stopped out and when i restarted the strat, after talking to IB, i saw that the original long was profitable and the trail got hit....i'm pissed off:swear:

Of course thats when i tried my hand at making it back descretionary...it got worse. I just never learn:banghead::banghead::banghead::banghead::banghead::banghead
Its not been a good day...
 
onto the next gig, Can

i have a few old wallets that were worn to the nub, empty......you'll smash them in the teeth soon enough whomever the poor b'stards are at the time...... :sword::sword::sword::sword:

parry thrust retreat
 
onto the next gig, Can

i have a few old wallets that were worn to the nub, empty......you'll smash them in the teeth soon enough whomever the poor b'stards are at the time...... :sword::sword::sword::sword:

parry thrust retreat

Thanks mate, I've got learn to detach from the market action :error: and let the expectancy:robot2: take over.

Perhaps i could consume myself with record keeping instead of being consumed with the development of candlesticks!!

Cheers,


CanOz
 
FuturesTrader71 ‏ @FuturesTrader71

3 minutes to open. Stick to ur risk limits & respect ur losses. A quick loss is a good loss as it allows u to move on to ur next trade

amen !
 
closed my spx long at 38 ......weak, no follow-through vols, no fighting.....looks like a roller
 
ECB cutting off some Greek banks.
ELA & Greek Central Bank now source for them. GL with that.
 
Funny day today. No games to be played with French & German Holiday.

Flip floppy wish-washie?
 
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