DislikedWe are the current participants. The ultra short term market. Anyone with leverage is not the market. This is where the difficulty comes with picking tops and bottoms. The ultimate deciding factor is at what price 'the HSBC trader' can sell it, ounce by ounce to Mom and Pop and what price the hedge fund trader can justify for his units.
I don't know very much, but this I'm reasonably sure of????Ignored
a)i dont use leverage in fact many times i use negative leverage
b) i am not short term trader nor long i can be both at the same time
c) do you think the hsbc trader knows the future ? can he risk his job trying to manipulate the market with his "limited" funds in comparision with a trilion dollars per day volume ?
d) if you ever work for a fund or a big broker you will understand you will have the very same feelings as you have now trading your own account..
and yes feelings drive the markets and not a single entity we and our feelings