I just love DAX.
Cant believe i saw that spike.
the yen was my indicator
Posted 30 January 2014 - 04:01 PM
I just love DAX.
Cant believe i saw that spike.
the yen was my indicator
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 30 January 2014 - 04:01 PM
There the spike i was talking about
You reckon we will climb during the rest of US session? On US indices? I think there might be a lot of buyers at these levels and we just might get a good up day across the pond....
Posted 30 January 2014 - 04:00 PM
Whats the chances of a green close today for Alsi?
Posted 30 January 2014 - 03:50 PM
The yen is weak for now, just hope we don't get a spike up on S&P,DOW,DAXFTSE during open.
When we get a weak yen, it usaully signals risk on mood
There the spike i was talking about
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 30 January 2014 - 03:47 PM
The yen is weak for now, just hope we don't get a spike up on S&P,DOW,DAXFTSE during open.
When we get a weak yen, it usaully signals risk on mood
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 30 January 2014 - 03:46 PM
GDP is in line...
What is it gonna take to get this baby moving in some direction...?
Posted 30 January 2014 - 03:40 PM
Data not good. And again a 25 point spike on FTSE....
GDP is in line...
Posted 30 January 2014 - 03:39 PM
US GDP and jobless data coming out in an hour. With this already jittery market should make for some serious fun!
Data not good. And again a 25 point spike on FTSE....
Posted 30 January 2014 - 03:37 PM
US GDP and jobless data coming out in an hour. With this already jittery market should make for some serious fun!
The question is ' Is bad news good or bad'
Posted 30 January 2014 - 02:37 PM
US GDP and jobless data coming out in an hour. With this already jittery market should make for some serious fun!
Posted 30 January 2014 - 01:47 PM
Apparently some technical error at HSBC..... Someone in a training exercise or with a fat finger??
You should see the graphs!
yeah, they went into a "volatility auction", whatever that means.
Posted 30 January 2014 - 01:44 PM
Apparently some technical error at HSBC..... Someone in a training exercise or with a fat finger??
You should see the graphs!
Posted 30 January 2014 - 01:32 PM
What the f????? What was that spike for?
FTSE went up 25 points and down again in 5 minutes?!?!?!? I am so glad I not trading CFD's with stop-losses. That would have just cleared a bunch of them. And it couldn't have been the market maker because the actual FTSE, Dow and Dax did the same....
Posted 30 January 2014 - 01:29 PM
What spike? I am begging for some action here, tight range from 11 with no clear direction.
FTSE. And its all wiped again...
Posted 30 January 2014 - 01:24 PM
Answer always lies in the 'the tape"..and what does it tell us right now?
As per attached we have strong positive divergence on the 5H and if we close green then it is very possible we have a strong turnaround.
Many guys called the top of this bull for only see her making new highs, could be the case and if kudu's to them but my take got one more upleg to go before she cracks!
Long and holding...!Stoploss at 40500 futures (daily 89).
A
Hi A
As always I admire your strong conviction to stick to your guns. With the Beast closing to within 100 points of your S/L you must be feeling some pain.
If she goes up, that 41600 strong resistance is going to take some force to break.
Still don't think we'll get to new highs before she turns down again.
If she does decide to go higher, I'll start shorting from 41600...
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 30 January 2014 - 01:24 PM
What the f????? What was that spike for?
What spike? I am begging for some action here, tight range from 11 with no clear direction.
Posted 30 January 2014 - 01:21 PM
What the f????? What was that spike for?
Posted 30 January 2014 - 01:20 PM
The SPX posted a high momentum top (graph attached) in late December, no bullmarket (except bubble peaks) tops out in a high momentum top, let alone that any bigger distributive top formation on the upper weekly time is still missing. All this needs time and this is one reason why despite the increasing volatility and higher selectivity my/UBS friends view is still bullish biased.
65$ billion is still flowing in and if one looks at when all the previous QE programs ended the markets started to tumble about a month or 2 before, with Q4 in mind for QE3 to end you are looking at a nasty June/July/August period...but not yet!
But as always..just my 2c folks!
A
Thanks A. Your 2c are always appreciated.
I share more or less the same view and see us going up past 420 in the near future, but my risk appetite does not warrant that trades now. You need a 500 point stop loss or even more in current conditions and I prefer a 200 point SL. Will go wider, but only if I am confident on direction. Will join the ride a little later. Not even trading US today until I have a positive close.
Think tomorrow or tonight is key for me.
Posted 30 January 2014 - 12:34 PM
Answer always lies in the 'the tape"..and what does it tell us right now?
As per attached we have strong positive divergence on the 5H and if we close green then it is very possible we have a strong turnaround.
Many guys called the top of this bull for only see her making new highs, could be the case and if kudu's to them but my take got one more upleg to go before she cracks!
Long and holding...!Stoploss at 40500 futures (daily 89).
A
The SPX posted a high momentum top (graph attached) in late December, no bullmarket (except bubble peaks) tops out in a high momentum top, let alone that any bigger distributive top formation on the upper weekly time is still missing. All this needs time and this is one reason why despite the increasing volatility and higher selectivity my/UBS friends view is still bullish biased.
65$ billion is still flowing in and if one looks at when all the previous QE programs ended the markets started to tumble about a month or 2 before, with Q4 in mind for QE3 to end you are looking at a nasty June/July/August period...but not yet!
But as always..just my 2c folks!
A
"Never never never give up!"
Posted 30 January 2014 - 11:59 AM
You not alone JB. I tend to block out the media as it is mostly noise, but one can't help but wonder based on the action we've seen recently.
If you look at experienced trader's such as Argento, he is still long and holding. We didn't drop below 407 yesterday, so my mind is telling me long, but am afraid it's just a trap.
Binaries, puts and calls are relatively expensive on either side. Long and short.
Answer always lies in the 'the tape"..and what does it tell us right now?
As per attached we have strong positive divergence on the 5H and if we close green then it is very possible we have a strong turnaround.
Many guys called the top of this bull for only see her making new highs, could be the case and if kudu's to them but my take got one more upleg to go before she cracks!
Long and holding...!Stoploss at 40500 futures (daily 89).
A
"Never never never give up!"