yesterday quite weird on the ftse....hardly moved.
Think everyone now waiting.... FOMC Wed... but should get some movement today as positioning takes place.
I was a little early, but there she goes.
Hmmm, that's the wrong way!
Somethings gotten into that ftse lately.
Slightly off topic but does anyone hedge their trade by pair trading another indices, currency, commodity etc ie go long and short?(I understand some people use options)
Just interested as part of my learning process....
I used to, but then I found that both trades went in the opposite direction. I dont do it anymore.
The problem is, the losing trade is because that market is behaving irrationally, so when you hedge and the other instrument behaves 'normally' that goes wrong too.
Hang on I need to consult my broker about this.