Flash, Trump tested positive for COVID-19, Markets took an immediate 1.5% dip in the futures and continue to fall. Vix Surges more than 10%, well above Sep 25 level
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Trading the Indices on Fundamentals
- Thread starter FXtrader8911
- Start date
I have been rather bearish for US markets for a while, although up to Aug this seemed to be a wrong view, resisting to go long in the US has shown to be the right play. EU is another story, I believe that going long now in EU markets has the potential to give good returns. All the EU indices except the DAX are below the 200-day average, in particular, the IBEX & FTSE are close to the 23 March lows. I am currently net short US and net long EU & ASIA.
I used to have clocks on the wall giving me the time in the major trading zones (LON, NY, SYD, Etc) but because none of these Govs can make up their mind when daylight saving starts and ends, I was adjusting my clocks 6 times a year until I got the idea of using mobile smartphones as clocks. With each phone set to the different time zones, I now get automatic and reliable time changes for all the zones. I can also set "zone Specific" alarms and reminders.
Using smartphones works beautifully, except that having them on charge 100% of the time turns the batteries into the inflated Michalan man within 6 months or so making the battery a potential fire hazard. None will turn on without a battery inserted, so, I came up with a solution.
1. Open the phone & remove the battery
2. Remove the adhesive tape at the top of the battery exposing the positive & negative strips (metal foils)
3. With a voltmeter determine which is the Positive and mark it.
4. Cut the top of the battery off with a blade (the strip that has the battery management electronics in it)
5. Disregard the battery safely
6. Solder a thin wire (I use telephone wire) to both the positive & negative foil strips.
7. Reattach the battery management strip to the phone by plugging it into the micro connector
8. Reassemble the phone with the wires sticking out.
9. Take an old USB charging cable, cut-off the micro plug from one end
10. Attach the wires + and - wires of the USB cable to correct wires sticking out of the phone
You now can plug-in to a USB port and after a while (5 minutes or so) your phone will turn on and operate as normal but without a battery inserted in it.
On older phones that still have a removable battery, you could solder the USB charging cable wires directly to the + & - pins of the phone by-passing the battery management. I do not recommend doing this as most phones operate on 3.8v, bypassing the battery management will then give 5v directly to the phone, this will eventually fry the phone.
Be cautious & wear protective equipment when cutting the battery management strip from the battery. Cutting into the battery in any way will cause it to short circuit and catch fire or worst. Let the battery fully discharge before cutting and also have a metal container handy just in case.
Hope the above is helpful.
Using smartphones works beautifully, except that having them on charge 100% of the time turns the batteries into the inflated Michalan man within 6 months or so making the battery a potential fire hazard. None will turn on without a battery inserted, so, I came up with a solution.
1. Open the phone & remove the battery
2. Remove the adhesive tape at the top of the battery exposing the positive & negative strips (metal foils)
3. With a voltmeter determine which is the Positive and mark it.
4. Cut the top of the battery off with a blade (the strip that has the battery management electronics in it)
5. Disregard the battery safely
6. Solder a thin wire (I use telephone wire) to both the positive & negative foil strips.
7. Reattach the battery management strip to the phone by plugging it into the micro connector
8. Reassemble the phone with the wires sticking out.
9. Take an old USB charging cable, cut-off the micro plug from one end
10. Attach the wires + and - wires of the USB cable to correct wires sticking out of the phone
You now can plug-in to a USB port and after a while (5 minutes or so) your phone will turn on and operate as normal but without a battery inserted in it.
On older phones that still have a removable battery, you could solder the USB charging cable wires directly to the + & - pins of the phone by-passing the battery management. I do not recommend doing this as most phones operate on 3.8v, bypassing the battery management will then give 5v directly to the phone, this will eventually fry the phone.
Be cautious & wear protective equipment when cutting the battery management strip from the battery. Cutting into the battery in any way will cause it to short circuit and catch fire or worst. Let the battery fully discharge before cutting and also have a metal container handy just in case.
Hope the above is helpful.
A Fundamental Analysis thread that has gone into its own mobile time zone. 
Cuckoo
Cuckoo
Or you could just check any number of economic calendars, or any other place on the Internet ever, and look it up. This way you can still carry your smartphone in your pocket and use it somewhere there is no USB port. Like...outside.
The added bonus is that you do not need a separate smartphone for each timezone you wish to monitor.
Here's FF for example...
Point missed. I know anything and everything is available on the net, but to see the info, first one needs to turn on a screen, then bring up the page... vastly more convenient to just glance at a clock for ½ a second while the hands are doing other things.... What do you do with your old phones?
Not spend a monthly data plan on them just to get a twice-per-year DST update on the clock.
Don't need a plan, don't even need a SIM, just need to activate the phones wifi, Y'r internet will update the time and keep the time & date accurate (just like it does on the PC). BTW, it's twice per year per time zone, each zone has a different date to apply DST making it 6 to 8 adjustments per year. Might not be an issue for you but it is for anyone trading multiple markets... even if your provider offers 24-hour active prices, the spreads change (as much as 400%) outside cash hours.
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We're traders, we must have a plan!
Hehe, j/k, I know what you mean by it in your context. Well, if it works for you and others, great! Carry on.
we have seen a steady decline since highs on 12th, but no panic, just a realization that valuations were too high on too much optimism. Some of the negatives are starting to be factored into the prices. The Buffett index of GDP v. S&P is at 173%, still overvalued indicating any buys now will probably result in a loss but valuations are getting towards a justifiable price considering the Fed's intervention.
My DOW target set sometime back is close to being hit so my strategy is on track.
Congress, instead of concentrating on getting a stimulus passed, decided that it was more important to spend time grilling the biggest minds in tech. Listening to their questions, it was embarrassing to see so many dumb and ignorant people are running the country with the power to make laws. The irritating thing was that both Bloomberg & CNBC saw it fit to tune in to the hearings rather than cover the sell-off... I guess media also has some dump people running the show.
My DOW target set sometime back is close to being hit so my strategy is on track.
Congress, instead of concentrating on getting a stimulus passed, decided that it was more important to spend time grilling the biggest minds in tech. Listening to their questions, it was embarrassing to see so many dumb and ignorant people are running the country with the power to make laws. The irritating thing was that both Bloomberg & CNBC saw it fit to tune in to the hearings rather than cover the sell-off... I guess media also has some dump people running the show.