35854 replies to this topic

[Beorn]

Back in full short @ 39895 with the kitchen sink.

 

Taken first profit @ 39780

[Sunesis]

I did not trade last night thats my problem.  

If you did not trade last night it means you did not come to work.

You should start taking your money serously.

 

Persist - don't take no for an answer. If you're happy to sit at your desk and not take any risk, you'll be sitting at your desk for the next 20 years

[voël]

Morning, 

 

I am long from last nights dip.

We had a nice 300 point drop last night.

I did not trade last night thats my problem.  

[Sunesis]

Success is built on a good trading plan that must include patience,discipline and money management. By following the path that is in front of you opportunity will come your way. This is not Las Vegas this is a business and should be treated as such. Forget about the news, the scams and keep your eye on the ball

[Sunesis]

Got cold feet and closed the long last night ....missed out on another 200 points....10 seconds of regret and moving on

Plasma we had a nice long last night. I don't understand how you trade with emotions.

You got the long at the lowest but you chickened out.

 

I closed the 1st long @39480

I took another one last night @ 39425.

 

If we open with a dip i will be very happy.

[Sunesis]

Hi Guys,

 

What is the sentiment this morning? Looking at last night I'm a bit uncertain.

 

I think that the news from US might see us go down to yesterdays levels looking for support and then going up if there is enough support.

 

What do you think?

 

 

Cheers

Morning, 

 

I am long from last nights dip.

We had a nice 300 point drop last night.

[voël]

Hi Guys,

 

What is the sentiment this morning? Looking at last night I'm a bit uncertain.

 

I think that the news from US might see us go down to yesterdays levels looking for support and then going up if there is enough support.

 

What do you think?

 

 

Cheers

[Plasma]

Wonder how the east will react...did put in S/L just in case....

Got cold feet and closed the long last night ....missed out on another 200 points....10 seconds of regret and moving on

[Plasma]

Wonder how the east will react...did put in S/L just in case....

Got cold feet and closed the long last night ....missed out on another 200 points....10 seconds of regret and moving on

[HendrikB]

China were already calling this week to remove the dollar as the global reserve currency. That's the pressure they are putting on the US goverment so they can make a deal.

China has been buying  a lot of gold this year. They overtook India as the world largests importer of gold.

 

If the US default it would hurt China and other countries which are buying US debt.

If will the the end of the US dollar.

Gold will reach $2000 in a few months.

 

Lets see if the polititions have the guts to take the world back to the stone age.

 

Whether the US is gonna default now or later is irrelevant.  It will happen eventually.

[Sunesis]

Reading Fitch’s statement they say that a review of the US’ AAA rating could be triggered if the debt ceiling is not raised in a “timely manner”.

Hmmmmm.

So, it seems its not enough to raise the debt ceiling, it must also be done in a “timely manner”.

Dusting off the history books (from 2011), S&P cut the US rating because of the damage done to confidence in the US due to the political brinksmanship, not because the ceiling wasn’t raised (it was). Fitch sound similarly perturbed.  So a Fitch downgrade may be coming even if the ceiling is raised.

I got 99 problems but a Fitch aint one

[Plasma]

Wonder how the east will react...did put in S/L just in case....

[Sunesis]

China does have the largest foreign USD reserve. It would be in China's best interest to ensure that USD does not plunge... how they go about doing that? Well, only time will tell... if it even comes to that.

China were already calling this week to remove the dollar as the global reserve currency. That's the pressure they are putting on the US goverment so they can make a deal.

China has been buying  a lot of gold this year. They overtook India as the world largests importer of gold.

 

If the US default it would hurt China and other countries which are buying US debt.

If will the the end of the US dollar.

Gold will reach $2000 in a few months.

 

Lets see if the polititions have the guts to take the world back to the stone age.

[Zero Hedge]

Clowns in DC will reach a deal but only once the markets force their hand...until then there is no incentive for any party to move

[Sunesis]

Everyone thought US would go to war with Syria - didn't happen.

Everyone thought US would not shutdown government - did happen.

Everyone thinks US won't default - it might happen!

 

Anything's possible!

Default will take us back to depression. The risk is greater.

To much at stake.

 

History shows markets go up in wars.

History shows markets go up in shutdowns.

History shows markets don't go up in a depresion.

 

So the risk is greater this time around

[Zero Hedge]

The US are already being bailed out by the printing press of the Fed...why else do we have QE to infinity?

[Trainee Trader]

bought dip @39330

 

Nice... TOP40 seems to be making a recovery.

[JBlack]

Thought just occurred to me. Wonder how many guys follow this thread that never contribute or venture an opinion....

[Trainee Trader]

Who can afford to bail them out? Reckon only China? Think China will buy "shares" in the US via seats in the Senate????? Haha! That will be funny.... Sorry, already had too much red wine....

 

China does have the largest foreign USD reserve. It would be in China's best interest to ensure that USD does not plunge... how they go about doing that? Well, only time will tell... if it even comes to that.

[JBlack]

Too big to fail? But if Greece got a bailout why can't the US?

Everyone thought US would go to war with Syria - didn't happen.
Everyone thought US would not shutdown government - did happen.
Everyone thinks US won't default - it might happen!

Anything's possible!

Who can afford to bail them out? Reckon only China? Think China will buy "shares" in the US via seats in the Senate????? Haha! That will be funny.... Sorry, already had too much red wine....