 Poster: A snowHead
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| esaw1 wrote: |
| @stanton, Parity? Go on, give us all a laugh again |
This parity is dead !
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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@davidof, 
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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?
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| davidof wrote: |
This parity is dead ! |
FX rates still 10% higher than June 2016.
Possibly a Norwegian Blue Parity. 
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@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.
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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.
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You'll need to Register first of course.
You'll need to Register first of course.
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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.
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| 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!
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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.
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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.
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I have found same also. Our trip to Canazei next season is working out cheaper then this season's trip to Pas
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| 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..... 
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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@halfhand, Try using Avios week days for Zurich, Milan, Turin, Innsbruck.
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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.
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@skimastaaah, not from north west airports 
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| 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.
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You know it makes sense.
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"£250 cheaper than a chalet in Severe Chevalier last season."
Very severe indeed! 
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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| 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.
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Poster: A snowHead
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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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?
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@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.
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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.
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@king key, I missed his humour.
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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.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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Want a bet?
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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.
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@stanton, This parity is a dead parity 
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Boris may save Pariity for the Season...
His mouth is a Major Danger (instability) to the Markets
Lets be Honest he is not very smart despite having a priveledge upbringing..
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You know it makes sense.
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just read on the internet about UK inflation being less than expected due to the reduced costs of flights!
by the way @stanton, £550 per person (Thats £2200 for a family of four) for a 3 day experience against £4700 for a fortnight?
Add the exthortionate cost of food and drink at festivals. Cost of 1 nights beer at Glastonbury would probably pay for a week in most of Europe.
No contest for families. Take a fortnight.
btw Absolutely nothing wrong with taking a holiday in the UK. By the time I was 12, I had visited every County in England at least twice (Cornwall), most many more times, most of Wales and Scotland. (sadly only as far north as Aberdeen). Usually camping, allowing more areas to be explored. Many of my classmates had been to Spain for 1 week, but hardly ever out of the County!
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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@stanton, Beautiful Plumage!
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Poster: A snowHead
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Visa Barclays must be wrong?
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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No, just you. Would you like to back your mouth with your money?
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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?
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ECB hinting at more QE for the EURO
possibly another rate cut that is already in negative %
Euro is  .
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You need to Login to know who's really who.
You need to Login to know who's really who.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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@Mr.Egg, British Pound is Looking for help from BoE probably interest rate rise.
After 20 years, the euro has been a successful project measured by its adoption and support. Three-quarters of people in the eurozone are in favour of the euro, the highest since 2004 — seemingly dispelling the impression of rising anti-euro sentiment in many countries.
https://www.ft.com/content/b24c5de0-fc86-11e8-aebf-99e208d3e521
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You'll need to Register first of course.
You'll need to Register first of course.
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Thought not. Your kids must be very proud.
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| Mr.Egg wrote: |
ECB hinting at more QE for the EURO
possibly another rate cut that is already in negative %
Euro is . |
To infinity... and beyond !
Can you imagine the poor Euro pensioner? We expect a -2% yield on your savings so expect to retire in 2089 ! It really is going titsup in the Eurozone now with no growth and theft of cash and savings.
In France they are already planning "work till you drop" retirements, to be debated this parliamentary session.
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| davidof wrote: |
| Mr.Egg wrote: |
ECB hinting at more QE for the EURO
possibly another rate cut that is already in negative %
Euro is . |
To infinity... and beyond !
Can you imagine the poor Euro pensioner? We expect a -2% yield on your savings so expect to retire in 2089 ! It really is going titsup in the Eurozone now with no growth and theft of cash and savings.
In France they are already planning "work till you drop" retirements, to be debated this parliamentary session. |
I hadnt spotted that.
Is the rationale to soft pedal the state ultimately taking less of the burden? A bit like the UK did 30 years ago?
(not that I am holding the UK up as a good example !)
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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.
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| Frank Spencer wrote: |
Thought not. Your kids must be very proud. |
No woman I know would be stupid enough to have kids with Stantroll
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Fact.
Brexit fears have cast a blanket of worry over British holidaymakers' European travel dreams, with a 20 per cent plunge in euro currency transactions. The figures, recorded by the International Currency Exchange between May 2018 and May 2019, shows a fifth less Britons purchased Euros this year. The UK is currently in the midst of Brexit political chaos, with a date set for departure, yet no Brexit deal. The separation from the EU is due to take place on October 31, yet this has been pushed back significantly since the original March departure date.
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FAQ
aub.
