Maybe you could join a cult and convince yourself you're in one of the 12 tribes who'll just spectate from a mountain top while the cleansing takes place.
It's a common tactic for shares as well, two market leaders. Maybe BP and Shell in oils or Ford and Gen Motors in … well in motors!Diacritical Quark wrote: ↑Sat Feb 29, 2020 1:19 pm… look for positively correlated markets using a coefficient of at least 0.8 and mean revert the markets. You can take your pick between any number of markets, some of the most successful ones I've had have ben Aud/Usd v Gold, Ftse v Dow, Ftse v Hang Seng and currently scalping Dow v S&P500.
You still need to decide which is the one that has fallen out of line to know which will move which way or do you double bet that they will both move towards each other?If they're "out of line" you just look to mean revert them, market direction doesn't matter one jot. Unless you mean you have to figure out which one to short and which one to long? I tend to use the % change to indicate which one is under/over performing and take entries based on that but you can equally use any number of methods or indicators, stochastics, RSI, Bollingner Bands will all tell you the same thing, or even the good old fashioned Mark I eyeball on a candlestick chart. Once you're in a trade it then doesn't matter if the markets tank or rally you're fairly well hedged. You need to ensure you hold equal value for each instrument though e.g. Long on DIJA index price 25822.4 x £0.50p per tick = 12,911 so therefore short on S&P 500 at 2998.63 x £4.30 per tick = 12,894.It's a common tactic for shares as well, two market leaders. Maybe BP and Shell in oils or Ford and Gen Motors in … well in motors!
The government skipped the containment phase entirely because of economic concerns. This could prove to be a massive mistake as the electorate won't forgive such irresponsibility and it won't help markets anyway....dozens of flights from locked-down areas arrived on British soil on Sunday with seventeen leaving from Milan Malpensa airport alone. On arrival the passengers were not put into quarantine or tested for the virus, leading to fears they could now be spreading the disease on British soil.
I've just learnt when people hit the panic button that's where the best opportunities are created.
+1superfrank wrote: ↑Mon Mar 09, 2020 9:18 amfrom the Telegraph:The government skipped the containment phase entirely because of economic concerns. This could prove to be a massive mistake as the electorate won't forgive such irresponsibility and it won't help markets anyway....dozens of flights from locked-down areas arrived on British soil on Sunday with seventeen leaving from Milan Malpensa airport alone. On arrival the passengers were not put into quarantine or tested for the virus, leading to fears they could now be spreading the disease on British soil.
Those claiming that this is just a flu that will blow over need to wake up.
I wouldn't hold your breath on that one. The govt will have another Help To Bubble scheme launched in double quick time.
I literally can't hold my breath any longer, I need to exhale, the same as the market does. I can't bring myself to buy at the top but the top keeps getting higher.superfrank wrote: ↑Mon Mar 09, 2020 10:39 amI wouldn't hold your breath on that one. The govt will have another Help To Bubble scheme launched in double quick time.
US index futures all limit down (-5%).
