Posts by "hamish (rookie trader)"

I would appreciate a hot-chart & a fundamental update for the SP500 as "risk on" currencies, such as NOK & AUD move exactly in tandem with the SP500. It doesn't seem to matter how one interprets a currency chart or its fundamentals as without exception, they appear to follow the SP.

For a position trade such as NOK is there anyway to calculate an upside cap in the event the SP challenges 709 or heaven forbid the mid 600s ? I suppose the market will decide! I am also surprised that the 15% rise in the oil price has had no positive effect on NOK.