spanish, I bought the US market after teh fed anouncement and it rocketed! (took another 50 pips) Also had another oil trade on my SB account.
its all in the small print mate.. you gta read between the lines. translated in real english what the fed actually said was ''Ok we give up, economy is screwed, end off. so we are just gna turn on the priniting press and just print unlimited peices of paper saying the word ''1dollar'' on them, and this will create an artificial economy that looks good since we will control it''. Thats why everyone dumpepd all their dollar shorts in seconds, since the dollar is now worth nothing since theres gna be hyper inflation.
this has really fucked up trading though for us!! :eek: Since theres gna be a tear in the market between focus on demand destruction, which will be dragging oil down vs hyper inflation and dollar weakness that will drag oil up....
U.S. Stocks Gain on Fed Plans to Buy Mortgage Bonds, Treasuries March 18 (Bloomberg) -- U.S. stocks gained as the Federal Reserve said it will buy as much as $750 billion in mortgage securities and $300 billion in longer-term government bonds to help shore up the financial system. Treasuries surged and the dollar weakened versus the euro. âThe Fed is all in and theyâre going to do whatever it takes to kick-start the economy,â said Quincy Krosby, who helps manage $298 billion as chief investment strategist at the Hartford in Hartford, Connecticut. âItâs good for stocks because the more the economy picks up the more companies profits and revenues will pick up.â
oil supply side: OPEC got the control with cuts oil demand side: with stock market raising companies stop firing and start hiring bit , and help to home owners with lower mortgage rates , so all positive to BULL Oil oil cost side: the actual cost of per barrel oil goes up as dollar valued less with inflation and paper printing on all 3 fronts it is bullish for OIL so is the rise
Just took another 35 pips - posted live in the 'ESjournal' thread Hell of a lot of pips made today. Done now and off to the pub. Laters.
i just fleeced 27ticks more from my sb firm in a few seconds!! i may just start doing this permenantly. feel very very gutted i didnt do it at like £20 per tick though. But since for the last 1hour they have been quoting 20+ ticks off teh rela market price all you do is enter a bu trade if they quoting 49.03, when real price at time is 49.40 you then instantly set a target order at 49.36 (this is time stamped) And you then just phone them up, say the platform has frozen up agan, and a few seconds later teh quotes start flashing again at really price and you made 30+ticks for NO RISK. since even if the price suddently crashes while you on the phone, you have your time-stamped target order, and so you can just say to them then that market did go over your target price, you can prove it since if your target was set at 6:59pm.19seconds, and if 5seconds later market was a few ticks over your target price, then you should have been filled out for profit those few seconds sooner when market did break over your target price.
they are doing this for all the markets now. dow they quoting an after spread sell prpice 4points higher than dow spot price. and fx fpairs all off as well