35854 replies to this topic

[CPvanWyk]

Chuck is on the other side of every losing trade you make

 

Chuck Norris never meets resistance in the market it wouldn't dare.

[CPvanWyk]

Chuck Norris has no Stop Loss, because he never loses.

 

Chuck Norris determines the Bid/Ask when he trades

 

Chuck doesn't trade with the trends. Trends follow his trades....

[ZoomZ]

i gave free money here again today....I said the new contract would compress to the old contract level...250 free points. blessings.

[Roundtree]

USD and GBP saving us today...

Nothing will save you, bro. Not even Chuck Norris!

I've got my order waiting down below @ 42020. Then we should shoot up to either 42470 or 42600.

Edited by Roundtree, 20 March 2014 - 12:43 PM.

[HDB]

USD and GBP saving us today...

Thanks to JZ for that

[ZoomZ]

then to 41997 we shall go

[Beorn]

Mar FCO price is 41 997

[Beorn]

Back in long @ 42165

 

Still looking good.

Closed some @ 42220

[davidp13]

USD and GBP saving us today...

[ZoomZ]

well that spike up was only 70 points..

 

ooooo as i typed she spike higher...should fail i think

 

the lower the  old contract goes so goes the new...the new should...i say should trade at the old cntract closeout level....i see 42017 for the new contract.

 

and switzerland has cracked negative

[AJS]

A close of SPX below 1840 would favor a bear market commencement

 

Definitely not a bear market! This is still a bull market by a long shot! (no pun intended)

[Vertebrae]

A close of SPX below 1840 would favor a bear market commencement

[Beorn]

Well, a 5H bearish cross (21 over 89) is near so we might very well see another spike down with new lows into next week...but I will just add to my existing longs if that happen!

 

EM's Sentix (sentiment) Index on levels seen in 2008 so my bigger bulltrend and new highs call remain before a more significant top is put in place!

 

With all the previous QE programs the markets only really went in crash mode 1/2 months prior to it ending, so with this program scheduled to end in Q4 the real downside should only start later...

A

 

I'm not eve sure we will get that spike down.

 

But I will leave the longer term calls to you  . 

[Argento]

Well, a 5H bearish cross (21 over 89) is near so we might very well see another spike down with new lows into next week...but I will just add to my existing longs if that happen!

 

EM's Sentix (sentiment) Index on levels seen in 2008 so my bigger bulltrend and new highs call remain before a more significant top is put in place!

 

With all the previous QE programs the markets only really went in crash mode 1/2 months prior to it ending, so with this program scheduled to end in Q4 the real downside should only start later...

A

[Beorn]

If you are a good forex trader, you should be a good Alsi trader.

Look at it keeping us up there.

Here we go for FCO, It last +-15 to 20 min?

[ZoomZ]

sure Jakes

 

bit of a gamble...but they may want to paint the tape higher...the market weakness should follow UK unless UK reecovers that is

 

but indeed I see a short whatever happens either here or I add if they spike it

[Beorn]

i expect a closeout spike of almost 200 points...i maybe wrong but i feel it

I'll will be shorting the spike if it occurs...the daily however would probably like to print a candle illustrating a gap close for today...that could imply a move to 42490 (new contract) only to settle at the old contract /new contract price close out of 42200.

 

that's my view for today.

 

That implies that there are a lot of shorts left in the old contract.

I'm not sure, I think most shorts are closed on the old contract, so it could be a squeeze down for the longs to closed there positions, unless I dont properly understand how the closeout works.

[ZoomZ]

i expect a closeout spike of almost 200 points...i maybe wrong but i feel it

 

I'll will be shorting the spike if it occurs...the daily however would probably like to print a candle illustrating a gap close for today...that could imply a move to 42490 (new contract) only to settle at the old contract /new contract price close out of 42200.

 

that's my view for today.

[gannet]

Todays progress on ALSI, FTSE and DOW is a typical example of Market Maker in action.

 

For Newbies take heed and learn what happened today...

 

If you think normally like most, you would have shorted and lost money!! You have to think like the market maker to make money in this game...

 

1. From 6 to 9 am Dow futures was -50 points...So all shouting short

2. At 10 am when FTSE opened Dow futures about -25 points...so some small shorters had run for the door

3. 10:30am dow futures were basically 0....so big squeeze on shorts and most ran for door.

 

4. Currently Dow futures about -15 points and will go deeper red to now do the above in reverse...take out the longs..

 

example...IG could have done a calculation this morning and said hay if market falls we gonna lose R2m as we have much more shorts in books... To manipulate it, they go into market and start going long S&P or Dow futures...suddenly market runs up...short squeeze...once books balanced, they go short Dow futures and carry on playing this way until around @pm until true dow futures start taking effect!!

 

You were spot on. Great call!!

[Beorn]

Closed @ 42230, might be premature, but I dont like that we are not worried about Yellen's comments

 

Back in long @ 42165