I think all the markets are important and if you watch the international markets....by the time the U.S wakes up if often follows what has happened in Europe, China and Japan.
They are all important but, I got my hands full keeping track of what goes on in the U.S.
I do not necessarily agree that the U.S follows the Asian markets. I trade the Tokyo markets and several times a certain sector or the entire market will have an incredible day there followed by a terrible day here. I think the Asian markets have more of an inverse relationship with us than the European markets do.
I have even noticed the European markets to be divided. When the DKK, SEK, NOK is strong, many times the GBP is weak.
I may be misunderstanding what you mean by "follow".
I guess I meant follow differently than you.......lol.
I check CNN to see how the international markets are doing before I go to bed, 2,3 times a week. I am not involved in trading as deeply as you. It was just a casual observation.
I like to see what China / Shanghai is doing. They routinely move up and down 2,3 percent. It must be great to be a trader there, it must be exciting.
I have recently become interested in the Hong Kong markets because I do not have to worry about currency fluctuations with the HKD
I agree with you.I lasted about 4yrs before i saw the light.I've given up on financial markets. Too many outside factors.
I taken my money out my spread betting accounts and started trading pre race odds on betfair.
No bollox, No ECB talking ****e, No bankers/hedge funds manipulating the market. No crappy news releases.
Just pure price, volume, and market depth.
18 races a day, and you can quite easily make £10-£15 per race with a bank of around 2k. I've made £600 this week.
I'm done with financial spread betting, where all you get is price and a chart to try and make sense of whats going on.
While on betfair you get price, volume and market depth. And no bull****.
I'll return to finance one day, when i have time to trade proper futures on the ladder were again i can see the depth of the market and the volume of the maket.
I'm done with spread betting and their fancy charts.
MODS: Can we have a sports trading forum please???
I've given up on financial markets. Too many outside factors.
I taken my money out my spread betting accounts and started trading pre race odds on betfair.
No bollox, No ECB talking ****e, No bankers/hedge funds manipulating the market. No crappy news releases.
Just pure price, volume, and market depth.
18 races a day, and you can quite easily make £10-£15 per race with a bank of around 2k. I've made £600 this week.
I'm done with financial spread betting, where all you get is price and a chart to try and make sense of whats going on.
While on betfair you get price, volume and market depth. And no bull****.
I'll return to finance one day, when i have time to trade proper futures on the ladder were again i can see the depth of the market and the volume of the maket.
I'm done with spread betting and their fancy charts.
MODS: Can we have a sports trading forum please???
In relation t the OP: I was trading the DAX. But i've found it impossible this year. Migrant Crisis, EBC ******s, Brexit, Oil tanking. Its just too unstable. Now we've got more QE and another interest rate cut??? Its getting rediculous. I give the EU 2 years at most before it does a soviet union As for forex, we all know its rigged.
18*£12.50*4=£900
Was a couple of races rigged, or just jockeys having a bet?
How do you say markets are rigged and horse racing is better lol?
If your bank is £2k of course you will find it hard and if you use too much leverage and it swings then you will lose.
If £150 a day is worth your time and brag boasting then well done to you. I heard there are many jobs paying that and some.
how does this all work FFSear?
BAck high, Lay low
Shows how its done here. You need to pay for 3rd party software, you can't bet on the site this way. I use bet angle which only costs £6 month!
Hi ffsear,
I'm glad to hear you've found a market to trade that you like and can profit from. The skeptic in me says it can't be quite so straightforward as your posts imply - otherwise everyone would be doing it. And if it really is that much easier than other markets, then my advice is to ramp up your stakes and make hay while the sun shines - because I suspect it won't shine for very long!
;-)
Tim.
Hi ffsear,
I'm glad to hear you've found a market to trade that you like and can profit from. The skeptic in me says it can't be quite so straightforward as your posts imply - otherwise everyone would be doing it. And if it really is that much easier than other markets, then my advice is to ramp up your stakes and make hay while the sun shines - because I suspect it won't shine for very long!
;-)
Tim.