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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Berry Picker who wrote (240997)3/31/2016 1:20:49 PM
From: Berry Picker  Read Replies (1) | Respond to of 313889
 
A gold short right here at 1234 down to 1184
is $50 or $5000 per contract BUT we are above
monthly down trendline so people do not know
where to put the cursed stop :-) That means
the normal trader will likely not want to short
as he can not define his risk - that is good for
the market = they can cash in the longs who
bought the break to the upside without paying
any new small trader shorts = Kaaaching :-)



To: Berry Picker who wrote (240997)3/31/2016 2:04:05 PM
From: Valuepro  Respond to of 313889
 
O.k., thanks for that. It just shows how out of touch I am with the futures market, and short-term trading in general.

GLTU