Australian (ASX) Stock Market Forum

International markets traders banter

Well the DAX is a choppy mess today, i guess i could have taken a long at 6518-6520 but it didn't look good at the time. Lots of big orders in the book today, 200+. they appear, the price seems to go the opposite way for a few points, then back towards the spoof...This is the first time I've noticed it. Mostly on the bid today.

CanOz
 
Looks like the dax just shat itself. I tried a bit of discretionary trading this eve, got myself in a hole pretty sharpish. Lesson learnt. Let the computer make the decisions!!
 
Looks like the dax just shat itself. I tried a bit of discretionary trading this eve, got myself in a hole pretty sharpish. Lesson learnt. Let the computer make the decisions!!

Yeah finally broke big time...glad i didn't try and lose my sim profit for the day...Great action though.

CanOz
 
They've banned shorting in Italy and Spain. We should be fine now :banghead:

Amazing, they did this during the GFC as well. Months after GS made a bloody fortune shorting AIGs stock as well as many other banks that they setup to fail. Then the Government bans short selling well after the banks had lost the bulk of their value to appear to be doing something. In the meantime their banking buddies ended up walking away with billions from that and the bailout they needed as well.

But nooo, ban short selling so the retail traders can't provide any liquidity and the stocks fall further as there are no buyers anywhere now, not even the short sellers can buy back...Totally political.

Anyway, you can still short country ETFs.

CanOz
 
Amazing, they did this during the GFC as well. Months after GS made a bloody fortune shorting AIGs stock as well as many other banks that they setup to fail. Then the Government bans short selling well after the banks had lost the bulk of their value to appear to be doing something. In the meantime their banking buddies ended up walking away with billions from that and the bailout they needed as well.

But nooo, ban short selling so the retail traders can't provide any liquidity and the stocks fall further as there are no buyers anywhere now, not even the short sellers can buy back...Totally political.

Anyway, you can still short country ETFs.

CanOz

Wake me up when they ban these lol

http://www.theoptionsguide.com/synthetic-short-stock.aspx
 
and a word from our sponsors .... honkers closed morn sesh 240712.jpg

:confused:
 
1.0269 ....driving me nuts. Thought I had it but someone just pushed it off again, not very inspiring reaction.
 
Joules why do you bother with CMC? They have a 12 point spread on Honkers!!

yep, fair point.......i stay out of the chop on hsi which means missing a lot of moves, bad and good, i guess

......looking at ninja at the mo......taking my time, want to know all the ins n outs
 
yep, fair point.......i stay out of the chop on hsi which means missing a lot of moves, bad and good, i guess

......looking at ninja at the mo......taking my time, want to know all the ins n outs

You can trade the MHI, 10 HKD per tick, 1-5 point spread, 1.5 ticks brokerage cost and you don't have to cross the spread on every trade.

I wouldn't use NT for honkers, Just IBs booktrader.
 
HSBC China Flash Manufacturing PMI to be released in a few minutes.

Forex Factory Eco Calendar the prev. number is 48.2

Here's a handy reference for the ASF Perma-Doomers, simply cut and paste according to the result:

--

<48.2 See, we're doomed, told ya so.

=48.2 See, we're doomed, told ya so.

<50 See, we're doomed, told ya so.

= or >50 These reports are just so rigged. We're doomed.

--

You're welcome.
 
The Kos is just lonely without Honkers...:cry:
 
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