Member Info for mark-expat

Trade the golden opportunities when they present themselves, à bientôt S

That S&P Downgrade on Greece did more to the markets as I was posting so a quick long on the CAC40..

Hi Hot/FMR et al, tight action today on the European markets with not any real momentum .... but good for practice on the small swings using higher point values. I have left Europe out of positions over the weekend as most of the Euro Indices have pivoted today and could easily swing either way imo, so best out of it as that scenario does not best suit me. I have shorts left on to ride into next week with DJ @ 17928 and Nik225 @ 17901. Have a good weekend all.

Morning S, German Factory Orders look impressive!

...an interesting first week or so in office Syriza with the sharpening of their brinkmanship / chicken skills... or agenda? Not knowing what the parameters and procedures are surrounding the accessing of Emergency Liquidity Assistance and as the ECB did mention "within existing Eurosystem rules"... thought I would post this link https://www.ecb.europa.eu/pub/pdf/other/201402_elaprocedures.en.pdf ... looks like the ECB will need to have a pow wow as the 2 Billion threshold will be dwarfed to look at the question within as to "whether there is a risk that the ELA involved may interfere with the objectives and tasks of the Eurosystem" .. this is very suitably written by the European Vague Writing Policy and Procedures Department and all good stuff to add volatility. Whilst we all have a take on this, Syriza can demonstrate compliance as they eventually voted to enable further sanctions to be applied on Russia. This was no doubt not easy for them being communist / socialist and having previously stated that they were against such sanctions. This vote also will no doubt be noted should Greece seek refinance bridging with the Soviets ..although in reality, would not Russia wish to be behind seeing a EU member state leave? Either the EU will bank on Syriza remaining partially compliant and enable both to win a partial victory by throwing Syriza some credibility with the ECB stating that without renegotiating the debt package "it would interfere with the objectives and tasks of the Eurosystem" as within their vague policies and procedures above, or no doubt the Greeks will exit with a lending hand from the Soviets. As we all know, Greece failed the EU's own rules to get in so no doubt the same rules will be hell bent again to keep them in. http://www.masecoprivatewealth.com/iq/issue11/economics.php From a geopolitical point of view, and all that rides with that, I do consider that a Russian backed solution and the exit of Greece from the EU something that could be far more interesting to all. https://www.youtube.com/watch?v=kHD5nd3QLTg

One of my favourite little romantic spots ( sofa by fire) etc. Try to get there once a fortnight, great bites... their dogs are always well fed! atb

enjoy the Dales .. settling in thanks, BOA might ring a bell with you.

Yes Hottentot, difficult to read .. the DAX now up over 12% in the last month alone. Senior members of the 30 company constituents must be having a field day on their stock options! I get the devaluation of the Euro bit and extra print run of monies enabling folk to purchase more fridges, cars, cheaper outside Europe, etc and that material costs to make them are cheaper, but really... Betting against the market is not usually a good idea and hitting the top very hit and miss, but for me, looks like we are fast approaching unsustainable direction on the DAX.

I was like a rabbit caught in headlights staring at my worst trading red exposure ever. Thought the ECB QE was pretty much priced in and went in short on the DAX from 10000, then loaded every 200 pips short again heavier and heavier. The same with the FTSE, IBEX, N225, the lot. I was actually looking at throwing in the pot from last year at this! I then resorted to day trading, full time over the last few days to try to best trade the intra day range, almost giving up hope that there will be a pull back. I dislike being in that zone as it zaps me, but I was determined to gain substantially from this volatility and tonight's pull back was like a pat on the back with a welcomed positive aggregate resulting in potentially the worst month to the best month ever. Good luck guys, respite now at my end.

Hottentot, Chill and accept this as a deserved reminder to you by animation https://www.youtube.com/watch?v=yJzQiemCIuY or this by way of fact of life https://www.youtube.com/watch?v=5YfLv3njgCw We are equal as traders.

A spread bet is as good as it gets. Understand what you are doing and bet accordingly. In my opinion don't be overtly smart, just go with the swing and as much as you can afford within, but understand the swing from the outset helps! https://www.youtube.com/watch?v=c9cWkUhZ8n4

Firstly,I am not a professional trader, I have simply traded for the last 25 years or so, long before the internet, as a hobby, and this eventually became a cash cow by default. I don't feel sorry for you, but wish you all the best. HNY

I aim for 100% and consider 1% slippage my downfall, just so you know.

As a trader, you should understand that no insult was intended. Shared observation is just. If you can clip marginal movements, that in itself is godlike. I don't have a problem with that, other than for the majority will perceive this as reckless as it is like the oracle, the wholly grail. For you, this is your style and you gain 80% of the time. I wonder what might happen on the 20% that you don't.

HP, whilst trading styles are very different,I still consider anyone trading on almost sub double digit swings on the indices as reckless.

As an example, a £50 per point on the Italian Stallion will be expected to swing £10k or so per day, almost every day, but I would expect to catch that, bet on the swing and bat it back within. I don't get marginal points as peer 10 or 15 as that is absolute flying in the wind. Just an opinion!

Hottentot... We all have an opinion and with such a tight stop you are knowingly on the edge and do not allow any risk to swing to enable catch and bat. What you are doing is extreme, and quite frankly reckless.

Hi S, I think BP,Shell et al are buying their own oil by the looks of it,lol,really pulling the indices along over the last few mins with the recent lift.

.. enjoy F4,atvb4ny,Mark

I have been watching the indices direct link to the price of oil, almost in disbelief, as opposed to trading upon it! Have to do a tad more research on all that black stuff to try and find out where, if ever, there will be a disconnect. Fast approaching another 2.5% fall in oil today and it's still having the continuing effect of dragging the indices down with it. Maybe I should think about creating few pipe line disruptions.