Australian (ASX) Stock Market Forum

International markets traders banter

Result!

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As you were.
 
Woo hoo, got that nice break higher early and got out and then got short in time for that bid smash fest....I wish i could do that every time.

Same except my short trade was 2 ticks off the high but on tiny volume because I was really worried about the top blowing off... big time!!

Did manage to add a little to it after the push down but wasn't in the mood for hanging on with size after the ride I was taken on on the open....

I was short this.....!!!

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Nothing like a 160 point sweep both ways in 1 minute! :22_yikes::silly:
 
Wow, thats ballsy...

I usually don't get so keen to reverse, but i just couldn't help it when i saw bids getting hit so hard. Then just after it topped, they really got hit, and the price just hung there...that's when i hit it...a little late.

Practice, practice....

CanOz
 

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Now if you really want to be helpful. tell us the way the market will go. :) ;)

Rest assured TH - if I knew ahead of time I would. I'd even PM you first!
:confused:
Until then I'll just humbly pay attention to the mkt and let it tell me. Though sometimes it lies to me :D
 
Today the DAX gapped open to 6980 ish, then after a bit, tested higher and higher towards 7000, finally 7005. I assume this is the locals bidding up the market in a test for buyers. Given that London hasn't opened yet, what are they trying to achieve? Are they trying to bid it up to 7000 to load up on shorts so when London opens they can unload a heap and get an early positive inventory? Whats the logic here:confused:? There is not allot of size in it, so I'm just guessing its the locals...

CanOz
 
Today the DAX gapped open to 6980 ish, then after a bit, tested higher and higher towards 7000, finally 7005. I assume this is the locals bidding up the market in a test for buyers. Given that London hasn't opened yet, what are they trying to achieve? Are they trying to bid it up to 7000 to load up on shorts so when London opens they can unload a heap and get an early positive inventory? Whats the logic here:confused:? There is not allot of size in it, so I'm just guessing its the locals...

CanOz

churnathon
 
Expecting a bounce here on the DAX, its on the edge of the abyss..6909

Didn't like that last data release...

For a thin day its been pretty good.

CanOz
 
Today the DAX gapped open to 6980 ish, then after a bit, tested higher and higher towards 7000, finally 7005. I assume this is the locals bidding up the market in a test for buyers. Given that London hasn't opened yet, what are they trying to achieve? Are they trying to bid it up to 7000 to load up on shorts so when London opens they can unload a heap and get an early positive inventory? Whats the logic here:confused:? There is not allot of size in it, so I'm just guessing its the locals...

CanOz

Who are the "locals"? Domestic German instos as opposed to overseas based institutions? How are their considerations different to overseas ones (aside from the FX effect)...
 
Who are the "locals"? Domestic German instos as opposed to overseas based institutions? How are their considerations different to overseas ones (aside from the FX effect)...

Liquidity providers....
 
Dreadful Joules ... even for you :D

Speaking of Twitter ... don't know what's going on ... really slow ...
getting updates on the iPhone quicker than on the desktop client (Tweetdeck)
 
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