CL Redux

Quote from Visaria:

Just recalled your post...Peter was referring to forex retail "brokers" who aren't really brokers but market makers in forex who are at liberty to widen spreads and slip the customer extra ticks on stops. They can do this simply because unlike in futures, there is no actual one central market for foreign exchange.

Ok that makes sense for the forex bucketshop / CFD accounts ect. where orders are matched "in house".

Thanks
 
Quote from tomahawk:

55 ticks range today so far? This is just wrong.

High holidays slowness maybe.

Rosh Hashanan ends tomorrow at sunset.

Yom Kippur is the 26th of September.

Maybe you are right. I didn't think of that.
 
Just some thoughts,

Last time gas was $4 dollars in my area (MN) it peaked out , oil was at it's peak of $140-150.

Now gas is again reaching $4 dollars in MN while oil is $100 . There has been tons of printing since 08 so it will be interesting to see where gas will be when oil gets back to 150 and beyond (don't know when that will be). I don't think joe public is going to be too pleased.

You'd think $4+ gas isn't sustainable for too long in todays economy, guess we'll see.

One would think wages must be having a hard time keeping up with food /energy.
 
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