35854 replies to this topic

[RBM]

This is not in the "bigger scheme of things" though...

depends on how long you choose to hold your position for, i dont hold for long periods of time so makes sense for me to look at this

[AJS]

Based on 5min and 10min macd lines starting to point up

 

This is not in the "bigger scheme of things" though...

[davidp13]

Based on 5min and 10min macd lines starting to point up

but the hr is pointing down

 

+ on the 5min we not even getting close to the 21ema - every attempt fails. 

 

 

lets wait for the POP and then climb in

 

sitting on my hand and on cash

[RBM]

Based on?

 

A

Based on 5min and 10min macd lines starting to point up

[Argento]

looks like the low is in for the day

Based on?

 

A

[RBM]

there could be a nice bounce later this afternoon when US retail sales numbers are published

[RBM]

back to test 39100

[JBlack]

Lost a lot of money yesterday being silly.

Used my last few hundred bucks in my trading account to sell a few binary options (<38800, 38600). 

BACK IN THE GAME.

Welcome to the dark side.... Yay! Brave levels to enter though....

[RBM]

Closed short

looks like the low is in for the day

[RBM]

should we break todays low, we will see around 38800

Closed short

[Magic_Matt]

Lost a lot of money yesterday being silly.

Used my last few hundred bucks in my trading account to sell a few binary options (<38800, 38600). 

BACK IN THE GAME.

Edited by Magic_Matt, 12 December 2013 - 12:39 PM.

[Magic_Matt]

This is like a Tarantino bar scene.

[Magic_Matt]

This is like a Tarantino bar scene.

[fabes]

Had a small short which I closed and took another very small short.

 

Game over for bulls for now. Will see this afternoon if US can shed a green candle or two. Important data out this afternoon. Although not really taper related, at this point markets are looking for anything to either fuel the fire or add some water to fire.

[@sirgrantfleming]

fack this is going to get ugly

[Redeemer]

Only demo accounts allowed to go long here

[Argento]

This is now a bearparty (under daily 89 green line) and ain't no bull invited!

 

Funds going to push her down into next week (futures close-out), got a cycle bottoming and with the FOMC meeting seems pretty much we can expect that bottom...question is where is she going to turn (38000!?), got a daily bearish cross approaching so let the mudslide begin..don't bet on that 39000 IG level holding!

 

SPX made a double top with a target of around 1742ish!Then I think we should see a strong rally into 2014...

 

A

The washout has only started and usually continue for 1-3 days...as the saying goes.."don't catch a falling knife"!

 

Patience now as a great buying opportunity is around the corner, charts will confirm..until then it is only guess if you go long now!

 

My target is 37900ish futures for that low!

 

A

Edited by Argento, 12 December 2013 - 11:53 AM.

[fabes]

Hold off on that trigger finger! You could get burnt if you get in too early! You could get a quick scalp in, but if it breaks down then the red floodgates will open properly.

 

K

I'm not even scalping. I'll see first what Mr Market decides.

[RBM]

added longs 39180

[K~~]

Patience is driving me insane. Wanna enter, but it's early days. Next test, I'm entering long at 39150 if it fails.

 

Hold off on that trigger finger! You could get burnt if you get in too early! You could get a quick scalp in, but if it breaks down then the red floodgates will open properly.

 

K