35854 replies to this topic

[RBM]

I was bullish until today but looking at the weekly chart she has come down quite a lot, needs something special to take her up to new highs this month...looks to me we are already in our first leg down of the big correction and target is 38000 (futures) before a playable long!

Think a big klap is coming soon...so I am shorting this market up!

Looks like Jakes had it right all along...kudo's!!

A

Weekly charts take weeks, dailies take days, hourlies take hours, i'll take the short side once theres proper bearish divergence on the weekly, for now to me it looks like the divergence is still being formed

[Beorn]

A, what does your crystal chart say?

I think this was the last bounce down and we should see rapid upward movement tomorrow and the rest of the week. That red is being eliminated as we speak and quickly I might add. i think we'll close above 400 today. Should the US hold today, we'll be ready for lift off tomorrow. So 22:00 will be my big moment...

I was bullish until today but looking at the weekly chart she has come down quite a lot, needs something special to take her up to new highs this month...looks to me we are already in our first leg down of the big correction and target is 38000 (futures) before a playable long!

Think a big klap is coming soon...so I am shorting this market up!

Looks like Jakes had it right all along...kudo's!!

A

Thanks A.

Coming from U, I'll take a complement any day.

I wonder what S's view is and if he is still buying the "Goldman" rally?

[Argento]

A, what does your crystal chart say?

 

I think this was the last bounce down and we should see rapid upward movement tomorrow and the rest of the week. That red is being eliminated as we speak and quickly I might add. i think we'll close above 400 today. Should the US hold today, we'll be ready for lift off tomorrow. So 22:00 will be my big moment...

I was bullish until today but looking at the weekly chart she has come down quite a lot, needs something special to take her up to new highs this month...looks to me we are already in our first leg down of the big correction and target is 38000 (futures) before a playable long!

 

Think a big klap is coming soon...so I am shorting this market up!

 

Looks like Jakes had it right all along...kudo's!!

 

A

[Beorn]

if you dont mind, what do you use as entry to go short?

 

Trend, I try and follow the trend, on most time frames from 5 to 90 min.

The trend of the 90min chart starts at the 5 min.

But the trend of the 90 min chart is stronger than that of the 5 min.

 

I use MA to show me the trend, also some TA inbetween and listen for market moving news.

 

So a combo of those will give me a short entry point.

[Queen B]

Yeah silly me took Har over ANG - idiot!

Should have got into Gold One (GDO)

Jumped from R1.70 to R2.70 in just a couple of days, after the BCX acquisition

[chnkaw001]

Worse than expected US data today, wouldn't that lift the US market?

[@sirgrantfleming]

It sure is

Lets hope it keeps a bit of momentum going. All hinges on FED unfortunately.

I need to recoup some losses on my gold mining shares

Yeah silly me took Har over ANG - idiot!

[davidp13]

If you are referring to me, I go long sometimes also, but keep the long trades small, with small targets while the daily MACD is red.

if you dont mind, what do you use as entry to go short?

[fabes]

If you are referring to me, I go long sometimes also, but keep the long trades small, with small targets while the daily MACD is red.

I know you go long sometimes. You are the "daywalker". lol. Just wondered about the other guys that is not always around and only post when the market drops.

 

And by all means its no offence guys, just wondering.

[Beorn]

Just wondering. All the bears out there. Have you guys lost a lot of money recently or do you go long also at times. Just notice that a lot of bears come out to play when market drops. At this point I'm cautious and not adding a lot of longs until we break 403. I almost added more contracts at 40100 this morning and luckily something stoppe me.

 

If you are referring to me, I go long sometimes also, but keep the long trades small, with small targets while the daily MACD is red.

[AJS]

So flat, you can play kite underneath a carpet!

[Lamarje]

A, what does your crystal chart say?

 

I think this was the last bounce down and we should see rapid upward movement tomorrow and the rest of the week. That red is being eliminated as we speak and quickly I might add. i think we'll close above 400 today. Should the US hold today, we'll be ready for lift off tomorrow. So 22:00 will be my big moment...

Man...do think that the overall sentiment is too bullish?

 

India(NSE Nifty) has hit an all time so we should as well, but whats the worst case scenario?

[fabes]

Cutting my longs here..luckily with a profit, all my indicators don't align so not feeling comfortable!

 

We could very well play withing this band (39300 - 40200) until year end and breakout, which will be a good trade!

 

A

A, what does your crystal chart say?

 

I think this was the last bounce down and we should see rapid upward movement tomorrow and the rest of the week. That red is being eliminated as we speak and quickly I might add. i think we'll close above 400 today. Should the US hold today, we'll be ready for lift off tomorrow. So 22:00 will be my big moment...

[AJS]

Sorry boet, you just hoping. All your predictions  have been wrong for today. Take a break and have a kit kat.

 

I enjoyed the Kit Kat, can I buy you a crunchy

 

[RBM]

Sorry boet, you just hoping. All your predictions  have been wrong for today. Take a break and have a kit kat.

I enjoyed the Kit Kat, can I buy you a crunchy

[fabes]

Just wondering. All the bears out there. Have you guys lost a lot of money recently or do you go long also at times. Just notice that a lot of bears come out to play when market drops. At this point I'm cautious and not adding a lot of longs until we break 403. I almost added more contracts at 40100 this morning and luckily something stoppe me.

[Beorn]

Added to short @ 40009

[Queen B]

Gold just waking up from it's longggggg hibernation... ?

It sure is

Lets hope it keeps a bit of momentum going. All hinges on FED unfortunately.

I need to recoup some losses on my gold mining shares

[davidp13]

sneaky short - banked profit

sneaky long - SL in profit

 

 

[joker]

Short 39950 futures. Need to salvage this day