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You ought to if you're going to play with derivatives (options) which have an expiry date.
My limited understanding of the universe says that actions (such as opening or closing a position in a financial market) should occur at specific times in order to capture a move. Therefore without times (or levels) any such observations of the markets are completely meaningless.
My limited understanding of the universe says that actions (such as opening or closing a position in a financial market) should occur at specific times in order to capture a move. Therefore without times (or levels) any such observations of the markets are completely meaningless.
Much like this complete thread.
No one can say with any degree of certainity - They can only make three month or six months predictions which I think are useful as they tell you the shape of the market
This is criticism about gold etfs not being physically settled. This is not making predictions on market prices and index benchmark numbers
Oh it is much more than that. Use the search box, I've been bearish on Gold for some while.
Price of spot gold was driven up by indexation / ETF's. What do you think will happen to the price of gold when the same crowd try to dump their paper position? The dollar value of the physical is not relevant until the reset occurs.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
Oh it is much more than that. Use the search box, I've been bearish on Gold for some while.
Price of spot gold was driven up by indexation / ETF's. What do you think will happen to the price of gold when the same crowd try to dump their paper position? The dollar value of the physical is not relevant until the reset occurs.
I still dont understand your forecast - Where are you with gold? What about equities - What about FX? Long / short and what forecast levels
I still dont understand your forecast - Where are you with gold? What about equities - What about FX? Long / short and what forecast levels
Gold is in a massive bubble.
Circled in orange below you can see RSI is at historical high levels. At these levels a crash always occurs. Always. There is no if but this time it is different.
Two things will trigger a gold sell off:
1) The collapse of HSBC ETF's
2) The rise of dollar index, which has now bottomed out. So in regards to your FX question, dollar is about to climb, and hard. Everyone on the planet is expecting the opposite to happen because the read it in the paper the FED is printing lots of money.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
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