This is Debenhams 2.0 imo way too much debt on the books
Have just bought NDQ into close with stop at entry. Maybe shorts closing? Years ago on here we had a chat page for people trading US short term. It seemed to fizzle out, does anyone know if it still exists. It was really helpful for short term trades?
Forex can I ask do you scalp cable? Ive thought about forex. Personally I've been scalping the Nasdaq but have stopped over the last couple of weeks as too much volitility. Would you say forex is easier?
Forex, thanks for being so honest. I'm buying a property in Spain and was going to do a partial transfer at 1.12 a couple of days ago then then government went rougue. Pound is undervalued that's for sure. The thing is with government debt you borrow X to pay for furlough. That pound then in 6 months time is worth 10% less. You still pay back same amount of pounds plus interest only its 10% less. You see the race I see happening lol
You could not buy a safer sector than this. I've been buying since £6 and tucking away in a sipp. Markets have been so quiet for so many years. Volitility is here to stay. Buy forget collect dividends. No brainer
Forex totally agree, I closed my short the other day just before the fall but took a small profit. Have just opened another one today the news coming out is not good. I'm long in a lot of shares which I'm happy to hold through another lockdown so now using JDW as a hedge. Only thing that is holding things up now is the fall in sterling. As your name suggests could I ask your advice on the £/E short term. I think this government are trying to devalue the pound with their games. Im hoping for a quick bounce do you see it?
Well well did we just see a dead cat in the US I wonder. Market got sold into the close. See Boris was as clear as Mud again this afternoon only thing keeping the ftse up at the moment is the weakening pound. Everything points to the pound falling however how many are on that side of the trade going into no deal. I think there could be a surprise with sterling as too many on one side.
Lucky hope you don't lose on this one. I'm short JDW and long MAB. Better volume today, looking at the US today seems like there is a rotation starting into cyclicals. I hope so cause I've been buying these except airlines.
Here is the latest I've been told. Apparently Tim does not want any decorations up this xmas in the pubs cause he doesn't want to pay wages for someone to hang baubles. Don't know if there is anyone out there who can confirm this rumour. I can just imagine Tim sat there by the fire counting his £5m share sale. Next the heating in the pubs will be off...