Member Info for SteveJones999

Yep- pretty much not happening as per usual all day leading up to the FED/Powell specking shortly. ~85% for 25bps, but as always it's about what he says-markets need a reason to move, so we shall see- one good thing about being UK based for my trades (I don't trade on S&P for example), is that I don't do anything when he speaks, but that can mean missed opportunities- but then again, as I've mentioned here before, I used to CFG Gold futures, did well, then got one heck of a whack do never done it since!

Yes, but what % of operating will actually deflate and just not inflate less from now on? I guess fuel but what else?

I won't post them Sotolo- it's a self imposed rule.
As for trading here, you know my strategy, I've posted it enough- the likelihood of me going in before the FED speak is low- but depends what my feeds show between now and then, any news could break, but unlikely.

I would have thought volatility not surprising at all given the market news over the past few days

Thanks, as I said I won’t post my trades anymore like I said the other day- as it annoys me and others- we are all here to make money the best way we can- I will continue to post views but not my positions. As I said the other day- from my research I didn’t believe “banking crisis”, this could of course change but for now the evidence remains contrarian- the FED is the only game in town this week and could cause big swings here and elsewhere for Thurs morning traders who trade in the U.K.
GLA

Nice analysis- I do the same on the stocks I trade :-).
I trade around markers and data points.

Oh, and that includes the poxy half a % give away which always irritates!

Lol Mr 180... like I said yesterday at 11:09, when the SP was 221- PMSL on 180... you should have gone in and could have sold now for a nice little 8% profit in just over a day- but hey, that's what happens when you sit on the sidelines hoping for a crazy drop... why not just trade it like lots of others :-).

Yep 25 is where the odds are firmly placed

It’s all about the fed Weds

Just looked at the video Tony lol

Yep and all the doomsayers that kept saying another crash is imminent since 2008 have missed out in making a fortune in the markets since then- the doomsayers have been right a couple of times in 20 years and saved a little at the time, but missed out on absolute fortune by being out of the markets and too paralysed with fear to ever re-enter as every time a stock gets a large drop they auto expect is to drop further and simply lower their entry point again- complete wallies

You really think a few bank issues and for the reasons we all understand (or at least should do if we are investors), constitutes the same issue as a global pandemic? Bonkers lol

180 PMSL :-)

Ooops- soz, will not posts my trades again- exuberance got the better of me today- it annoys me when others do so won’t do again

And out- GLA

It’s all about the FED this week

Be very careful what you wish for, look at history- last banking crisis saw gold and silver get a massive whack along with the markets- same with more recent covid- it’s a balance… plus fres is a stock and not a commodity

Managed to get back in at the open- well done those that did Friday pm :-).

Haha- the markets are just playing - there is no crisis - give me a rationale of the link/contagion and my concern could heighten… it remains all about the fed this week- last banking crisis different, contagious by definition of primary issue- rush to liquidity across everything including gold- if i believe in crisis i would not hold any stock or commodity, or crypto but just cash