Did anyone get short barclays

[Technically Fundamental]

Prior to the news that the Ay Rabs are pulling out their oil monies?

Was looking at it yesterday but commissions put me off.

 

[ukdaytrader]

Yes I's short on Barclays but went in this morning. Commissions are like £20 are you playing with food vouchers ?

 

[Technically Fundamental]

Yes.

I'm a 24 year old working student from toxteth. Of course I have no money.

 

[ukdaytrader]

Yes.

I'm a 24 year old working student from toxteth. Of course I have no money.

You only need £300 to build it up slowly. 1 trade a week even. If you have not money you should only go with the £2 index or 50p currency to start with, don't even bother looking at the equities.

 

[ukdaytrader]

Buy a 10USD sugar future for August - its been oversold today.

 

[Technically Fundamental]

Thats what I'm doing mate.

Unfortunately that barclays trade didnt have that definate feel I need for my 1-2 trade(s) per week.

I'm also kicking myself that I didnt have the foresight to go short ftse despite it being heavily weighted by the banking sector. All these realisations are a bit too late.

 

[ukdaytrader]

Like I said, buy the Sugar AUG future for 10USD per point.

 

[gooseman]

liffe? what level?

 

[Technically Fundamental]

I dont like the look of a long there?

major up-trend broken, I can't see any significant re-test of the lows and this hourly bar is ridiculously bullish as is the weekly.

Plus all this action -the gap- in this kind of market makes me think someone knows something I do not which is often the case.

 

[theSheik]

i took a slice

very nice

http://www.trade2win.com/boards/showthread.php?t=63388&referrerid=134524

 

[ukdaytrader]

437 ish

 

[ukdaytrader]

topps tiles also looks shagged

 

[rawrschach]

Sugar oversold based on what?

Going to 420 at least imo, 14 for Sugar No. 11.

 

[arabianights]

what kind of ****** trades sugar?

 

[ukdaytrader]

I hear there was a crop shortage from some farmers in India and they will need to import some of it later on in the year

Not sure if they were talking a few bags of it or a few million tonnes.

 

[Technically Fundamental]

what kind of ****** trades sugar?

Whats wrong with sugar? Good market that. people need sweet.

 

[Technically Fundamental]

Sugar oversold based on what?

Going to 420 at least imo, 14 for Sugar No. 11.

half hour stoch

 

[rawrschach]

I hear there was a crop shortage from some farmers in India and they will need to import some of it later on in the year

Not sure if they were talking a few bags of it or a few million tonnes.

You're going to get raped

=)

 

[theSheik]

what kind of ****** trades sugar?

 

[ukdaytrader]

there's money in the honey