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Scotland
#445634
09/18/14 04:19
09/18/14 04:19
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Joined: Dec 2013
Posts: 82 Sydney, NSW
Thirstywolf
OP
Junior Member
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OP
Junior Member
Joined: Dec 2013
Posts: 82
Sydney, NSW
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So with the Scotland independence stuff happening real soon, I had toyed with the idea of closing all trades before hand in Z12, and allowing Zorro to put on fresh trades on the news. My reasoning for this is that Any moves that happen out of this are likely to be significant and have a lot of follow through, and wrongly positioned trades could take heavy losses. I also would be interested to see how quickly Zorro can react with a clean slate on something like this.
I've decided not to close all my trades, mostly because I just want to see what happens. But it got me thinking. Is there a way to measure or test the difference? Also, it would be interesting if you could turn off the counter trend part of Z12 for this, and just let the trend part stay on for a couple of days.
And now that I have said all this, probably the markets will not even react. In any case, if anyone has any thoughts on this please share.
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Re: Scotland
[Re: Thirstywolf]
#445651
09/19/14 06:55
09/19/14 06:55
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Joined: Apr 2014
Posts: 23
Mothership
Newbie
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Newbie
Joined: Apr 2014
Posts: 23
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Just a heads up, as you say in your last line. Things and happenings like the voting in Scotland usually don't affect prices that much, since the consequences some times already are reflected in the price before IT happens.
Of course some movements are to be expected when the data is being released.
Take care
Last edited by Mothership; 09/19/14 06:56.
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