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Unsustainable Appetite in FX, Equities & Oil
We're witnessing more signs of peaking appetite, this time inside the individual Forex pairs, as well as more failure in oil and Chinese stocks
Hey everyone ,
For the Commerzbank analyse look here :http://www.bloomberg.com/apps/news?pid=20601072&sid=aWPp146eDYbk
From reuters
I wasn't feeling this stock rally today and shorted GBP/JPY --- are you sticking with 148.00 by the end of the month? Any targets in the interim. Thanks for your help!
Hey Asad ,
Indeed looks a safety combination ( but is the same thing just oil will go to 65 ) ... spec had a good point with how much risk you can take...
Tell me please , with what kind of derivates you work exactly cfd , futures , etc. ? or , at least , with what leverage ? And when you go short or long with a scheme lake you said , that 10000 ( do not understand wrong , i do not want to know your finances , i JUST want to see with what percentage from the account you trade when you open a position - something lake a experience exchange ) is how from your account - in percent? if you can"t...that"s it , no problem...i play with cfd in 100/1 leverage and 3-5 percent to 10-15 maxim 20( cumulative positions but very rare)
Can you provide any prices for Oil. I.e where it would approx retreat and head south.
Thanks
Saeed
Thanks for your input to the forum. You are short on the oil. This bit me yesterday and am scared to go short in case it goes up. 73 short sounds good, but what about the stop. I want to get in.
What do you think will be the final blow for GBP to fall?
I am bearish on GPB, but I do not think that we will see a strong down, until equities in US head down. And equities seem to be strong on strong oil, at least it was a story yesterday. So, should we wait for the oil?
Another thing is the September coming, which has been the bad month for US equities.
And GDP next Friday.
Until that I think the game is short the cable on bad news, wait for the rebound, short again
Single position at 73 short. But WHAT is keeping the price up?? What?
Radu, what I suggest, and normally do myself (in case Qin goes militant again) in such situations is to divide the same money over small 'short' trades. So say, instead of putting 10,000 on a sort from 73 - 69, you could do 3000 from 73 - 71.50 (close it),3000 from 71 - 69.50 (close it) and 4000 from 69 - 65ish (when signs are that oil if properly headed down).
MOST IMPORTANTLY, D.O N.O.T play in these conditions w/o stop lossess (and limits for ones like Moe). Market is erractic and you could as much miss profits as losses..
Hello Asad ,
I feel a itch in my fingers to go short , but , for the moment i stay out and watch ..What is your average price on oil now ?
best regards