dealers? u mean market makers? Are there MMs in the ES?
By dealers I mean the traders who trade size on the sell side, these traders make coin by working the spread but they can also be speculative. Yes there are market makers in the ES. GL
dealers? u mean market makers? Are there MMs in the ES?
Anyway, call didn't work. Got close to 1900 but didn't get back to 1950.
You win some, you lose some.
evening gents. Stating the obvious we didn't get the upside I was expecting. My belief is that dealers hold net long and will look to push price to 1955 cash (1947 in the H6 futures) early next week. I had a think about all the comments along the lines of 'but you don't trade spoos', I ended up taking a couple of small trades from my phone in the personal account. Anyways good weekend.
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The fairval figure for March/cash is -300. I don't know where you're getting March futures as 800 under cash.
There is a huge gap between a belief and market reaction.My belief is that dealers hold net long and will look to push price to 1955 cash
There is a huge gap between a belief and market reaction.
1 we are in a bear market so don't expect too much upside.
2 volumes are still weak during rebounds.
3 why would dealers push price now rather than 1 week ago? 1 month ago ?
4 dealers are not the markets. Markets cannot be pushed artificially. If yes, Kerviel would never lose money in 2008.
5 it is better to focus on price & market action day to day rather than "believes".
CM
evening gents. Stating the obvious we didn't get the upside I was expecting. My belief is that dealers hold net long and will look to push price to 1955 cash (1947 in the H6 futures) early next week. I had a think about all the comments along the lines of 'but you don't trade spoos', I ended up taking a couple of small trades from my phone in the personal account. Anyways good weekend.
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