My short no stop loss order keyed in yetI have a feeling USD/JPY will gap up on Monday 6am. Those having SHORT position with stop loss may get triggered and bang balls.
Reason being Dow Jones almost hit 20,000 points on Friday!
Got stucked that is why! Nowadays no form due to ultra strong USD. Once position got stucked will take a long time to recover. But when got form I was like a mad man switching back and forth with different currency pairs!
Before US presidential election. Market usually get back to normal a week after FOMC Meetings. Trump's victory complicated a lot of things.
My short no stop loss order keyed in yet
For me is after market re-opens I go to sleep. Opposite from you haha!
When a gap up or down happens no use also.
After the market closed for the weekend. You cannot enter or edit any limit orders. When market re-opens on Monday 6am the price movement happens in milliseconds. No way you can do anything about it.
Good lah!
Bro so for gold you will still hold on before cny, I am still wondering should I hold or clear my US gold miner and leverage etf, last Thursday become positive then Friday correction become negative again. I will hold my two micro lot of gold before cny but not sure about the gold stock.
For the micro lot gold future still positive as long position at 1160, that I don't worry at all and will hold till before cny.It depends when did you open your gold LONG positions and at what price? I believe you entered at the neither here or there price. You did not take profit when in positive territory. For me I entered at the so called bottom level. The support level is very strong there so I can hold as long as I want to.
Friday's slight correction is temporary due to US jobs data. Is your margin under stress? Unrealised loss at how many pips?
There's a reason why I don't want to touch CFD and Futures for gold related positions because of the swap or killer margin interest.
Tentatively my take profit date for UOB physical gold bar are as follows.
20/01/17 (Trump inauguration date)
27/01/17 (Chinese New Year Eve)
Beyond those dates have to see situation. I also have March target date in mind.
By the way try not to too much gold positions. A total value of about 5-10% of your portfolio is pretty reasonable. Gold is for insurance and FIFO. Not for holding as no yields.
Open almost two hour already leh..haha
See no ppl post in here mah... So bump it loh... Cannot say good morning, I scare tio ban...
Usdjpy I still hold the long, index wise simsci and taiwan index will be good in long as both show uptrend to me
Let me see clear my long then join you to long at 116 haha
