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Volatile Forex Market

Discussion in 'General Investing Discussion' started by Andreadylon, 7th Oct, 2016.

  1. Andreadylon

    Andreadylon Member

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    13th Sep, 2016
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    Location:
    Melbourne
    Falling GBP due to Brexit in March, huge fall in Gold and a continuous rise in Crude oil due to production freeze. So many fluctuation in just a matter of time. Where to invest and how to protect ourselves? Buy or sell? How can I get rid of this dilemma?
     
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  2. trinity168

    trinity168 Active Member

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    16th Sep, 2016
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    NSW
    Got this from another poster:

    upload_2016-10-8_8-47-22.png

    Depends on your short term plan / long term plan. Trade or invest?
     
  3. Hodor

    Hodor Well-Known Member

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    hodor
    Sounds like you are not confident in where the FOREX markets are heading. Therefore the best protection is to stay away, otherwise you are just gambling.
     
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  4. twisted strategies

    twisted strategies Well-Known Member

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    QLD
    in the last Brexit scare i bought into HGG and added extra CDM ( and was looking to buy CYBG )

    the SPs aren't appealling in those shares in this dip but i will be looking to average down

    the logic is , i see the UK as an independent nation in a better place to recover than the EU ( with or without British membership )

    but bet in straight currency flunctions ( in any currency ) not for me thanks
     
  5. Andreadylon

    Andreadylon Member

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    13th Sep, 2016
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    I am a long term trader so looking for trading . More or less I am asking for buying opportunity in GBP or I should say for how long it is a sell and how is it going to impact commodities?
     
  6. Tropo

    Tropo Well-Known Member

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    The Pounds Long Decline
     
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  7. twisted strategies

    twisted strategies Well-Known Member

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    3rd Nov, 2013
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    Location:
    QLD
    am still assessing GBP exposed stocks which a view to investing in the weakness .

    they won't be a certain winner but more likely to fight for survival in tough times .

    rember the € isn't based on healthy economics either