- Search Metals Mine
- ianf0ster commented Jun 27, 2016
It amazes me that so many traders in FF do not realise that: 1. Most institutions only enter Hedged positions. 2. Those who DO trade directionally usually hedge their position close to the critical time if they are well in profit - to lock in the ...
Billionaire Soros Was ‘Long’ on Pound Before Vote on Brexit
- ianf0ster commented Jun 27, 2016
He was probably only long GBP as a partial hedge against his short equities and long Gold positions. Just as I had a stock position ( on Berkeley) which would have profited from Bremain, but knowing the UK stock Market was closed at the crucial ...
Billionaire Soros Was ‘Long’ on Pound Before Vote on Brexit
- ianf0ster commented Jun 27, 2016
Well obviously the answer is NO, it sounds more like the USA! :- 1. USA imposes its laws on foreign countries regardless of whether that is part of a trade agreement. The EU does this only where it is part of an agreement. 2. Many serious traders ...
Brexit: The Morning After
- ianf0ster commented Jun 27, 2016
I agree with you anonymous 'guest'. the vast majority (not just in these Brexit news threads) think far too short term - you would think that they didn't have/didn't expect to have any children who might suffer the consequences of their 'grab the ...
More than 2 million and rising sign UK petition for new EU referendum
- ianf0ster commented Jun 27, 2016
It is worth the time if you are prepared to take action and learn and test things for yourself. If you expect things to be handed to you as a'black box' then no, but then you will be disappointed continually because there is nothing that can do ...
Who Wins From Brexit? China
- ianf0ster commented Jun 26, 2016
I have placed explanations of the Market Makers business model, 'Cumulative Delta' and a 'Withdrawal of Liquidity' in my ForexFactory thread called 'Institutional Equivalent Education'. I hope that people understand that I could not go into more ...
Who Wins From Brexit? China
- ianf0ster commented Jun 26, 2016
I am sure you know that CD is an accumulation of individual bars Deltas . And that a Delta is the sum of all the (lots bought via a Market Order - the lots sold via a Market Order) for each price level within a single bar on a chart. So yes, Cum ...
Who Wins From Brexit? China
- ianf0ster replied Jun 26, 2016
Some of you may wonder why after a +63% night and 5 consecutive winning days that I still consider myself to be not consistently profitable. It is because I need at least another month of positive week on week results before I will feel able to add ...
Institutional Equivalent Education?
- ianf0ster replied Jun 26, 2016
I see that Rob Booker has put out a video about advice for unprofitable traders. In it his big suggestion is to concentrate on doing just 1 thing (= trade type etc.) well. There is much merit to that, as I have mentioned before in this thread if I ...
Institutional Equivalent Education?
- ianf0ster replied Jun 26, 2016
OK that's the Market Maker Model - forget what Steve Mauro and others say, Market Makers only use Limit Orders so it is impossible for them to directly move the market, and they wouldn't want to either in most cases - unless their book was already ...
Institutional Equivalent Education?
- ianf0ster replied Jun 26, 2016
I think I may have got into a muddle explaining Withdrawal Of Liquidity in on of the news threads. So here is a more detailed explanation of how Market Makers work and why they do a WOL: A Market Maker is contractually obliged to provide Liquidity. ...
Institutional Equivalent Education?
- ianf0ster replied Jun 26, 2016
I have just been reading the garbage in the FF news threads. It is no wonder that so many retail traders lose money it the ones posting int the various 'Brexit News threads' are a fair representation. There are those who think that the Bankers are ...
Institutional Equivalent Education?
- ianf0ster commented Jun 26, 2016
Gandolf13, The only reason that I will be fine is that I know a little about how to trade! My pension is now under serious threat of being hurt badly. But even though I am not a good trader, I followed Soros, Eusebio Nanni and Ray De Medici in ...
The sky has not fallen after Brexit but we face years of hard labour
- ianf0ster commented Jun 26, 2016
Sniper, it seems that you don't understand what 'convergence' means! 'Convergence' is just what nobody in the UK, neither Out's nor In's wanted. The headline implies that Juncker is planning to huncker down an override even more nation sovereignty ...
The sky has not fallen after Brexit but we face years of hard labour
- ianf0ster commented Jun 26, 2016
Correct, Cameron assumed that the masses already understood that Turkey is less eligible for entry to the EU now under their 'blessed dictator' than it was 10 years ago. They have less human rights and less rule of law, than they did before Erdogan. ...
More than 2 million and rising sign UK petition for new EU referendum
- ianf0ster commented Jun 26, 2016
Actually, if you did any research you would find that the idead fro a 2nd Referendum if the result of the 1st was close came for the UKIP leader Nigel Farage. Of course he was expecting that it would be his side losing by a small margin!
More than 2 million and rising sign UK petition for new EU referendum
- ianf0ster commented Jun 26, 2016
George Soros is NOT a greedy money grubber like others I could mention. Think US presidential candidate of whom even a prominent supporter of the party said it was very sad that they had to nominate somebody whose sole motive was greed! Soros has ...
More than 2 million and rising sign UK petition for new EU referendum
- ianf0ster commented Jun 26, 2016
Cameron has resigned because the whole Brexit was totally unnecessary and was totally his fault! 1. He went along with other politicians in blaming the EU for everything that went wrong. 2. He never praised the EU for the good effects they had. 3. ...
More than 2 million and rising sign UK petition for new EU referendum
- ianf0ster commented Jun 26, 2016
Crikey, we really have a bunch of Numpties in here! Not only does DonFF not understand the Market Makers business Model, but Muntu either does not understand the Cumulative Delta, or has done a very poor job on describing what happened. Price rising ...
Who Wins From Brexit? China
- ianf0ster commented Jun 25, 2016
Short term as in less than 10 years? - Perhaps, but I may not have 10 years left as am 65 already.
The sky has not fallen after Brexit but we face years of hard labour