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Caseynotes
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Posts posted by Caseynotes
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23 minutes ago, dmedin said:@RCtrader Good idea. I'll be looking out for more shorting opportunities on GBP next week. (Even although the COT is showing large speculators as net long for the first time in a long time.)
ah, gun sling it out with the big boys, make sure you're wearing your brown underpants. 👀
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1 hour ago, NickDenton said:Hi,
Can slippage happen on a forex/futures pair during the non-trading hour (22:00 to 23:00 GMT) during the weekdays even if one has a normal stop in place?
Hi, when trading derivatives on IG you are trading IG's market which tracks the underlying market so IG don't have a non-trading hour mid week. They do though around that time switch from more main stream liquidity providers to er, others, that might cause short term increased volatility and may even cause a spike on the charts which may be seen as slippage if you were opening or closing a trade at that time.
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9 hours ago, Hippocampus said:good question
On 19/08/2019 at 10:53, Mark8787 said:Let's say I bought Apple CFD for $100.
Hi, IG use a variable spread system which also applies to the min stop distance and is determined by the current market volatility. This will determine where you are able to place a new trailing stop and I think it does have a step function to delay the start, play around on the demo, that's what it's for.
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Hi, all 'daily funded bets' (DFB) also known as spots have a daily interest charge (or credit). The Futures or Forwards markets are designed for holding longer term and have a larger spread instead of the daily interest charge. If expecting to hold for less than a week the DFB is probably better, if longer than a week think futures.
The swaps fees can only be worked out accurately at end of day but some estimates can bee seen for some markets on the platform, see
Options are probably best left til understanding of the general leveraged platforms (DFB and CFDs).
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On 18/01/2020 at 16:17, Saffite said:I decided to have a play around on the demo app and on one of the positions I am up on, when i try to close it it get the message
"the order request you have made has not been accepted due to price movements in this market."Why is this happening and how do i close the position?
hi, occasionally the demo platform does misbehave, you may find that the problem resolves itself post weekend break on restart Sunday 11pm, if not call or email the helpdesk to get tech to reset for you.
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Zerohedge is well known to us here, he's nothing if not consistent 🙂 (since about 2011 if memory serves).
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US earnings for the week ahead.
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Cross asset returns. 1 week, 1 month, and YTD.
(themarketear)
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Hedge funds and pension funds shift their money between assets and markets and have stayed away from equities until now during this 2 year period of market consolidation, their analysis looks to be telling them to get back in, if so it will spark a new leg up.
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A reminder as to what the start of a bull market looks like and what the start of a crash looks like;
h/t to Bostoncharts.
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@dmedin 👀 LOOK 👀, get in there quick!!
Mike Bellafiore
@MikeBellafiore
We are hiring traders
https://www.futuresmag.com/2019/08/11/top-40-proprietary-trading-firms
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1 hour ago, cheviot said:Why consider a bear market ?
One contributor just hit the nail on the head....Fund managers have billions...invested....Yes all agree on that.
1 hour ago, cheviot said:It just goes to show that place Ecomists end to end and they will never reach a conclusion !
Boom boom, that's one of Winston Churchill's isn't it.
With regards the first point we have been watching the open interest in these markets for some time now and have noted how historically it's low meaning the big funds have held only a light position throughout the period of uncertainty and have only just recently started to increase their holdings in equities. That is the very thing that drives a new bull run.
Sure something might come along and trip them up but in the mean time I'll follow the direction their analysis takes them.
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1 minute ago, cheviot said:Anecdotally ....I have a friend who does big ticket leasing for industrial machines ....£250 k + All the deals (total £3mn this month) were set up to be signed this month....All cancelled by 3 different companies....😟
interesting but whereabouts, UK? UK and Ger follow the US lead as they need American consumers to start buying more from the big Dax and Ftse companies before they start to see any upturn.
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26 minutes ago, cheviot said:You may think I m a nut case....Fine ...I accept that. Bully bull ,,,be careful,,,
No one's a nut case but maybe some might benefit from taking off the 'Bear Goggles' once a fortnight perhaps? you know, just to clear the vision a bit. 😉 I understand that all EWer's are only ever looking for turns but most of the time just going with the flow is the better option.
There's no need to be careful when you are just following and not trying to lead, the chart will tell us when the next down turn arrives, great, look forward to it, price always moves faster going down rather than up.
Anyway, what's the best, most leading of leading indicators for the economy???
GDP? no, that's lagging and hardly ever a surprise which is why it's not usually a market mover. PMIs you shout, well yes that is a good one, purchasing managers need to look ahead and determine what a company will be needing in 6 months, but the best? no.
You are a hedge fund manager or pension fund manager, you control Billions, you can afford the best, most expensive and extensive research and analysis money can buy.
I am not a fund manager, I can't afford sod all and that's exactly what I get, so what do I do? I watch where those in control of billions put their money and currently that is going into the S&P 500 (and the other US indices) and that's what makes the S&P the best leading indicator for the economy. The markets are a discounting mechanism and a predictor of the future. If , after 2 years of consolidation, fund managers backed by all their research have started to buy the S&P (constit. companies) then you should follow, until they stop, simple.
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could well be subdued or even reverse a bit on profit taking due the US bank holiday on Monday.
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3 minutes ago, dmedin said:Do you see 'patterns' in those charts?!
Ha ha, I never even looked, I thought you needed to register before playing. no, no patterns just structure 🧐
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Housing starts booming in the US, today's data and graph;
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1 minute ago, Kodiak said:Commodites seems to move more?
ha yes, implied volatility is a dead give away.
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4 minutes ago, EMDE said:@Caseynotes that's what i had in mind, but i was thinking there's little liquidity making it less volatile/no movement, i also wasn't sure if other traders are still in it.. so Ive kept watching fx pairs... i might have it mixed up on the volatile/liquidity bit. when it comes to indices they seem to have wide spreads... whats the strategy for entering with that? just go for it even with a wide spread?.
There is potentially more liquidity available for FX than any other market, just little incentive to use it at the moment (low volatility). Traders have been watching the fundamentals and been quite happy to watch the eurusd go sideways for a year and a half. Choose your markets wisely, Dax and Ftse have a spread of just 1 point, Dow 1.6 points, also take a look at the main commodities. Yes, stay away from high spreads, they instantly put you at a disadvantage.
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Larry Tentarelli @LMT978
"Here's what works best for me: a consistent, technical process a narrow set of rules that excludes random trades, trade w/ the main trend trade one direction, long or short, no predictions no opinions, small losers/bigger winners, scaling partial gains while holding the core position"
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14 hours ago, dmedin said:Wonder where this will go 🤔 You see I cashed out already. But I'm ready to go back in when the time is right, Matilda.
at the first sign of resistance, buy and hold not as easy as it sounds then? 🧐
Earnings Calendar
in General Trading Strategy Discussion
Posted
still never found a decent UK company version of this site 🤢