martin brown
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ok, UK PMI up in a few minutes.... has the news been front run?
martin brown said:ok, UK PMI up in a few minutes.... has the news been front run?
zuke said:Morning all, managed to get my short in at 9040 yesterday and my first TP is at 8957.
martin brown said:hmmm, since the data has been "front run", and all the data has been released, i guess its back to "sloppy choppy" nonsense.
oh well, it was fun while it lasted!.
dc2000 said:looking ahead slightly the chaps over the pond will want to be in position for Thursday
how can you position for something you don't yet know the outcome of and the consequent direction it will take?
dc2000 said:you need a neutral position in the market
do you mean no position (ie flat) ?
which "pond" are you on about the european or the US
specifically which data item or event is it that you think they want to be in/out of position for?
dc2000 said:No a neutral position that can take advantage of a move with limited risk ( say for instance if you were long Dec futures and Short Sept futures)
the pond meaning the US
and the BOE interest rate decision