It seems the thinking ācash is kingā has had some affect on gold but it has run into a good weekly level but think it can still do 1350 ish so will hold off untilā¦if ! Which might mean I miss the bus but better than a smacked arse. 
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Hope Ex all good with the recent theft to equities. I feel for the people who have handed cash over to āexpertā fund managers. I always hate the thought of grabbing a slice of someoneās hard earned pension and prefer to think Iām rifling the pocket of a super fat cat for some loose change. The visual of that thought makes me sleep better but any we look at it, it is a dog eat dog business. 
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I think the bottom is in at 1450 Stu
Yep could be mate but I missed my level to go long 1469/67 so I have no choice. Just had quick scalp off return to this weeks open but decided not to hold as think if 1350 could be on the cards it wonāt be from here. More towards 1580 ish but as ever I have no idea what games the MM will play and just wait for the bell to ring at either end of the scale.
It looks like there could be blood in the streets.
Some serious losses, but only if you exit now.
I am making some re-alignment, but not too much.
Portfolios down 20%, however I am waiting for some bigger losers elsewhere.
- want to get back into boohoo.com
- want to get back into Ceres power
- finally BP has followed Shell
- ASOS is doing a Luke Skywalker on the Death Star
ā¦ but only when it becomes too tempting ā¦ a bit like now when Cable is testing 1.20
Cable is my Nemesis so I donāt trade it.
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Redheads 401K down bout 18% with a bank managing it but I oversee. Didnāt allow too large a parentage into risk accounts. Not worried - it will come roaring back after this media enhanced hysteria ends. I had a great week last with EU and a pretty good week this, but considering the movement this week I should have done much better. Iāve worked my butt off building a decent account and I simply refuse to go into gambling mode. First priority is capital preservation. Even with a movement like today, I wait for a bit of retrace ā never trade the ātip of the spearā. Thanks again to Stu Boy for a few subtle little tips over time.
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We traders are not only ones who can be burned, although in this case it is probably no more than a singeā¦
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Something Iāve never really understood is why āEaglesā ? Why not Brittania or any other ? Purity still the same but always a price difference.
For me its abt volume and acceptability - the silver eagle is the most popular coin in the world - everyone knows its heritage and the dollar is the reserve currency.
I do have some Britannias/Philharmonics and maples but the eagle is my favourite.
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I see but you still need to test purity as so many fakes and
they all start out life as blanks so paying more for a certain picture pressed into the blank seems odd. I suppose the proof will be when you come to weigh them all in which will prove to be more valuable or one price will fit all perhaps.
Itās interesting that there appears to be secondary value in the artwork and therefore the die which produces it.
This is serious-
If you have time I recommend you watch all of this - remember the Mississippi bubble - that is what is happening today
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I suspect there have been a lot of margin calls throughout the entire spectrum of trading. Back when I read posts at FF, I was amazed at the number of people who refused to use SLs. I had a good trade last night, but Iām done for the week. Just aināt āfeelingā it this week and confidence level not there - taking a break for rest of week. B back at Asia opening first of week full of piss and vinegar! 
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Brent plunges below $25/bbl
Ok ā¦ I couldnāt resist it ā¦ Cable drops to $1.15
I have a buy order @ $1.1490 ā¦ letās see
Further to recent statements by myself concerning re-acquiring some potential targets, this is my previous history with boohoo.com, now known as boohoo group plc.
Originally boohoo launched at something like 80p and drooped after launch to 45 ~ 50, which is where I loaded up. Then the company made a statement of wild expectations for Christmas trading performance ā¦ which it missed badly, and the share price dropped to ~ 25p. However the company figures were strong even though the previous guidance had been rather optimistic, also I was in for half an arm, so I hung in there.
Now COVID-19 panic is driving down some prices into the āvery interestingā region. I can see me trying to borrow money in 3 months time ā¦ oh wait, I have the perfect tool in IG Markets !
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Iām giving some consideration to what I called at the time a āBoris Spikeā Trader Talk Thread š±
Hope you got filled mate and good luck.
Iām still optimistic about that 1.60 level I just have no idea when 
Not yet, the current guess is that it will be after 11am