35846 replies to this topic

[Sunesis]

EXPRESS TRAIN IS HERE

 

Those who were brave in the afternoon and bought between 39800 and 40000, keep youR longs. We are going to be rewarded tomorrow 

The 5 leg correction is finished.        

[Sunesis]

This waves are interesting for the bulls and bears.

Bears know it will hit 39800, so they stay short. And hope it hits and breaks it.

Bulls know that 39800 is coming, they hope it hits and bounces.

 

What i can say is that both bulls and bears are making money at the moment.

When market is playing mind games like this, its best to stay with your bias.

If you start chopping and changing everyday, you will loose money.

 

Trend is your friend, the rest is just noise        

Plasma, you should have read this.

Stick with the trend

[Mad Max]

Nobody else to share with....my sorry tale of today.

Tuesday was great....even the 2 silly longs last night. Went long this morning during the dip...2 longs at different levels. Then we dropped some more. Decided to hedge with a short ....and did not tick force open ...thus both longs got closed. Since it was a large amount relative to my account, I then was forced to take a smaller long a bit later and made up about a third of the loss.

Then went long again....no stop loss...over confident in the bull. Well, we had the drop and drop, and my account took severe critical strain by the time I saw it. Then all tempts to save the day went for a ball...

Now we are nearly back where I started this morning...and I am not able to jump on train...since I said if I loose this money, then will only trade next year again....thus not touching my other capital.

This is hard ...and flippen sad

Hope you make it through!

[Plasma]

Nobody else to share with....my sorry tale of today.

Tuesday was great....even the 2 silly longs last night. Went long this morning during the dip...2 longs at different levels. Then we dropped some more. Decided to hedge with a short ....and did not tick force open ...thus both longs got closed. Since it was a large amount relative to my account, I then was forced to take a smaller long a bit later and made up about a third of the loss.

Then went long again....no stop loss...over confident in the bull. Well, we had the drop and drop, and my account took severe critical strain by the time I saw it. Then all tempts to save the day went for a ball...

Now we are nearly back where I started this morning...and I am not able to jump on train...since I said if I loose this money, then will only trade next year again....thus not touching my other capital.

This is hard ...and flippen sad

[Lamarje]

I'm not bullish or bearish but see a head and shoulders reversal pattern has happened and this could just be a retrace...long term trend is bullish...short term is bearish but tomorrow we will experience a lift in the markets....

 

my 2c

[Sunesis]

I think we will be lucky if we go up +- .9% tomorrow.

I can't see that happening though.

But I do not have a crystal ball, so I will stick to the trend as and where it goes. 

Trend is Bullish.

Correction is over. The 5 waves are complete

[Beorn]

I think we will have a 2% up day tomorrow. Green GREEN GREEN

 

I think we will be lucky if we go up +- .9% tomorrow.

I can't see that happening though.

But I do not have a crystal ball, so I will stick to the trend as and where it goes. 

Edited by Jakes, 21 November 2013 - 08:26 PM.

[Sunesis]

I think we will have a 2% up day tomorrow. Green GREEN GREEN

US still holding strong.

4hours to go. 

We have FED bullard speaking at 20h00, he is a hawk. Just hope he does not say anything stupid

US markets still holding above pivot

[Mad Max]

have to disagree there S..Think we are as low as we will go for awhile

I think we will have a 2% up day tomorrow. Green GREEN GREEN

[Sunesis]

have to disagree there S..Think we are as low as we will go for awhile

It was just my 2c.

As i still say, US close will decide our fate tomorrow.

So far so good in US markets, 5 hours to go for bulls to feel some relief.

 

A lot can happen in 5 hours in the markets.

[massimo]

Went long at 40000

 

Lets see how the US closes.

[Sunesis]

Senate Banking committee confirms Janet Yellen to be new Fed chair, 14-8; nomination now goes to full Senate

 

Have a feeling we are going to deep tonight, then Asia will take us higher. Then London will the start the bull run.

But the market needs to just flush out a few stops below 39800 overnight.

It usually happens before a bull run starts.

[K~~]

5H bearish cross confirmed and its classic bounce to pump and dump!

 

So how high do we go before the final nasty leg down...

 

A

 

What about the hourly downtrend line @40300-ish (Cash)?

[Argento]

I have a 40400 high and a 39300 low in that order in the next two weeks...Hopefully it wont be the other way around

5H bearish cross confirmed and its classic bounce to pump and dump!

 

So how high do we go before the final nasty leg down...

 

A

[K~~]

We can even draw a line from 13 November low and today's low on the 4H chart.

 

Its going to be the longest US session for the bulls.

 

I can't see it going below 1770 tonight. We will bounce tomorrow.

[Sunesis]

We can even draw a line from 13 November low and today's low on the 4H chart.

 

Its going to be the longest US session for the bulls.

 

 

[AJS]

We just need to survive tonight.

 

I also feel like it is war and bombs are dropped everywhere! Just make it to live another day!

[Sunesis]

Holding on for dear life.

Every bull is counting their blessings now.

 

I'm not even taking a look at our market anymore.

Best to look at the S&P. It's going to decide our fate.

 

1770-1775 needs to hold tonight.

We just need to survive tonight.

[Argento]

Look just basing this on sell the rumour buy the news and perhaps a hunch..Fortune favours the brave? But then again trade in haste repent at leisure..I suppose time will tell

Normally when we get a 5H bearish cross she bounces good!

 

But that is before the final whack down...I am waiting for that where the longs going to get squeezed bigtime!

 

After we should resume the next bullrun into next year!

 

A

[Lamarje]

If you have a weak heart stay out

 

BHP,NPN,SAB,CFR  still above their key supports.

 

 Looks like the will be a lot of buying tomorrow.

The last wave down, will be a big test for bulls.

 

Only the brave will buy this.

I'm going into one of them cause I have to go big or go home