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Next Season is going to be lot more Expensive!

 Poster: A snowHead
Poster: A snowHead
esaw1 wrote:
@stanton, Parity? Go on, give us all a laugh again


This parity is dead !
ski holidays     
 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
@davidof, Laughing
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
davidof wrote:


This parity is dead !


FX rates still 10% higher than June 2016.

Possibly a Norwegian Blue Parity. wink
ski holidays     
 You need to Login to know who's really who.
You need to Login to know who's really who.
@stanton, still higher than it was for a great deal of the last 18 months.
11 days of a slow drop not as serious as 10% in 2 days after brexit vote.
I assume you transfered all your assets to euros when you made your initial prediction. Please let us know when you cash in to take your profit
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
To make money out of volatility, you need to have low transaction costs. For the tourist traveller, where commission charges and large bid offer spreads mean a 5% buy/sell cost or more, you really are not going to make money on such low volatility.

Even for the average investor the friction costs of trading frequently means that generally with low volatility, you will not make much.

The only people who make money on such trades, are those who fix the price and charge the commission. Its a mugs game for the private investor (unless you are George Soros and can make extreme forex trades).

Best not to take a large position on small volatility.
ski holidays     
 You'll need to Register first of course.
You'll need to Register first of course.
Well I don't know about more expensive but our trip organiser for next March has bagged return flights to GVA including 23kg for £80 return per flight. I've never managed to get a ski flight for less than that.
ski holidays     
 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
halfhand wrote:
I've never managed to get a ski flight for less than that.

Try flying to Toulouse and ski in the French Pyrenees...rarely more than that!
ski holidays     
 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Well we have just booked a Silverski chalet in La Tania. When lift passes are added in later, will be £250 cheaper than a chalet in Severe Chevalier last season.
ski holidays     
 You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
I have found same also. Our trip to Canazei next season is working out cheaper then this season's trip to Pas
ski holidays     
 Ski the Net with snowHeads
Ski the Net with snowHeads
iainm wrote:
halfhand wrote:
I've never managed to get a ski flight for less than that.

Try flying to Toulouse and ski in the French Pyrenees...rarely more than that!


Sssshhhhhhhh..... Smile
snow conditions     
 snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
@halfhand, Try using Avios week days for Zurich, Milan, Turin, Innsbruck. wink
snow conditions     
 And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
@skimastaaah, not from north west airports Very Happy
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
Bigtipper wrote:
To make money out of volatility, you need to have low transaction costs. For the tourist traveller, where commission charges and large bid offer spreads mean a 5% buy/sell cost or more, you really are not going to make money on such low volatility.

Even for the average investor the friction costs of trading frequently means that generally with low volatility, you will not make much.

The only people who make money on such trades, are those who fix the price and charge the commission. Its a mugs game for the private investor (unless you are George Soros and can make extreme forex trades).

Best not to take a large position on small volatility.



Yup, around 70-90% of private forex traders worldwide lose money.

Wild swings, fast moves, and robotraders make it a tough market.

Only works if you are in the trade and can get some insider info.
ski holidays     
 You know it makes sense.
You know it makes sense.
"£250 cheaper than a chalet in Severe Chevalier last season."

Very severe indeed! Toofy Grin
snow conditions     
 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
Whitegold wrote:
Bigtipper wrote:
To make money out of volatility, you need to have low transaction costs. For the tourist traveller, where commission charges and large bid offer spreads mean a 5% buy/sell cost or more, you really are not going to make money on such low volatility.

Even for the average investor the friction costs of trading frequently means that generally with low volatility, you will not make much.

The only people who make money on such trades, are those who fix the price and charge the commission. Its a mugs game for the private investor (unless you are George Soros and can make extreme forex trades).

Best not to take a large position on small volatility.



Yup, around 70-90% of private forex traders worldwide lose money.

Wild swings, fast moves, and robotraders make it a tough market.

Only works if you are in the trade and can get some insider info.


You are deluded if you think you can compete and win against the big banks. FX is an arms race, where fractions of nanoseconds matter. You are competing against HFT systems and pricing engines costing into the hundreds of millions, running algorithms designed by literally rocket scientists, ie the quants. You might get lucky once in a while on your desktop trading platform, but that is what it will be: luck.


Read up on latency arbitrage, if you are interested.
snow report     
 Poster: A snowHead
Poster: A snowHead
https://www.brecorder.com/2019/06/04/501104/sterling-struggles-as-trump-weighs-in-on-brexit/
latest report     
 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
https://www.brecorder.com/2019/06/04/501104/sterling-struggles-as-trump-weighs-in-on-brexit/
snow report     
 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
https://www.brecorder.com/2019/06/04/501104/sterling-struggles-as-trump-weighs-in-on-brexit/
snow report     
 You need to Login to know who's really who.
You need to Login to know who's really who.
@stanton, still well short of parity...
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
The deluded buffoon thinks the rate changes by posting the link 3 times.



Anyone notice he didn't post when the rate was 1.16 ............... in fact, he was deafeningly quiet.
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 You'll need to Register first of course.
You'll need to Register first of course.
@king key, I missed his humour.
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
"Trouble Ahead" for Pound Sterling vs. Euro & Dollar.


Few British politicians evoke such dismay in Europe as Mr Johnson, a man whom many see as the mastermind of Brexit. While officials admire his wit and erudition, they also view him as unprincipled and cynical - and a dangerous populist," says Guy Chazan for the Financial Times...

https://www.poundsterlinglive.com/gbp-live-today/11497-gbp-to-eur-and-usd-trouble-ahead
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
At last, i've been short sterling for 3 years!
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 You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
No Deal = Parity or much worse and not just The Euro , parity with the US Dollar .

https://www.reuters.com/article/uk-forex-poll-sterling/sterling-to-slide-on-no-deal-brexit-reuters-poll-idUSKCN1T701L
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