Core Spreads
Core Spreads
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postman
Brutal swings today.
Less volatility but much choppier than before....need to adjust trading style accordingly stops/entry etc(he says to himself having failed to do it earlier).
Should have stuck around when you went to bed.
I am 6 hours ahead of you now and I saw you posting and I got up at 05.00 not to miss the fireworks. A good day but the action has certainly felt different today, especially this afternoon.
Good luck
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postman
I caught the 2016 S&P lows before I went to bed.
Nice one.
I bought Dax and Dow near lows but bailed too early, got good pips on Euro/Aussie though, the best mover all day.
Cheers
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postman
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postman
I think the Dow hits 16,480 within an hour.
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postman
Those last 8 points are a real fight.
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postman
Ok thats dax 9800 now the face ripping dow rally that didnt appear on Friday.
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postman
Oil $30.xx
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postman
Now that's an ugly chart!
Strugglingtrader
Active member
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I see $25 Oil with final break down to $10. Don't underestimate the Saudi's very impressed by them, they are not using weapons of mass destruction they are putting everyone in their place with the deep pockets they have. All the bs propaganda you hear about Saudi is rubbish, the big trade is Oil. Life time trade being formed here!
Best of luck.
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postman
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postman
I think your right about the Saudis flexing their muscle. They behead people with impunity because the yanks need them more than the Saudis need the Yanks.
Strugglingtrader
Active member
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Gave you more credit than that, don't go judging, it isn't becoming of a trader.
Thinking one's standards are any better than anyone else's is not the way to go.
It's not like they have invaded other countries and killed hundreds of thousands in the name of whatever someone at university has put together in their desertion right! It's not like executions don't take place all the time usually without any court in the US or UK right?
I'm no Saudi, but I do look beyond the headlines.
Anyways the trade is oil, everything else is politics and above most people's pay grade.
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postman
Beheading people is wrong full stop. I have opinion's and I'll stand by that one.
My point was the US make a big fuss about other countries beheading people and how wrong it is but the US says nothing publicly when the Saudis do it.
And your right the trade is oil.
Last time I thought it was worth a punt it was $33 and that was 7 years ago.
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postman
Come on Mr Dow your 40 minutes late already.
