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#27801 Tech Trader

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Posted 13 November 2013 - 11:19 AM

Thinking to add more shorts down to 39980
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#27802 K~~

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Posted 13 November 2013 - 11:19 AM

For some reason I'm unable to quote my previous posts, so:

 

Argento's C leg down is here!

 

Planning to close my shorts (as per posts from 1 Nov @ 40785 and 4 Nov 40875, and another one I didn't post @41303) at todays' lows. First target 40350-ish and then 40150-ish.

 

Should the bears really claw into it, then 39850-ish could come into play.

 

K

 

Right... Exit might be a bit premature... BUT

 

Out of all Shorts @40272, those were open since 1 Nov, for a grand total of:

 

2147 points. 

 

 

PS Might turn into a bull now, S!


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#27803 Tech Trader

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Posted 13 November 2013 - 11:15 AM

Short 40512 limit (Profit) at 39980
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#27804 Tech Trader

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Posted 13 November 2013 - 11:14 AM

Short 40512 limit (Profit) at 39980
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#27805 Argento

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Posted 13 November 2013 - 11:12 AM

Hallo C leg!!

 

Looks like we're going to break that 40350ish (futures) level, she is dropping to fast..not that I complain!And the US also needs to join in the fun!

 

See there is a H&S formation (thanks Redeemer) but I see a target of 39806 (futures) for a possible low later this week!

 

A


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#27806 Sunesis

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Posted 13 November 2013 - 11:09 AM

Second Long 40370

Last Long 40250

Take profit 40500

 

Time to watch a movie now.


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27807 Sunesis

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Posted 13 November 2013 - 10:59 AM

Trend for now is down will not buy this dip.Sorry for not selling the rally

Weak traders are easily shaken by the market.

They chase the market. They buy when its going up or at the top.

They sell when it's down. They never enjoy the full points of any trend

 

Smart traders buy when it's falling. Smart traders sell when it's going up. The rest are just pigs chasing the market. That's what separates the boys from the man


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27808 Argento

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Posted 13 November 2013 - 10:56 AM

All you have to do is to line up the longs if your account can support them.

Your last and second long's take profit should be set were your first longs entry is. Then all the points are compounded.

You know that before the day ends it will go back to your 1st entries long. All trades will be closed for profit. Only one will be break even.

This scenario works if we are not having a broad based sell off.

Don't think the longs will be in profit today...

 

A


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#27809 Sunesis

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Posted 13 November 2013 - 10:53 AM

Buy this dip?

Sent from my GT-P5100 using Sharenet Sharechat mobile app

All you have to do is to line up the longs if your account can support them.

Your last and second long's take profit should be set were your first longs entry is. Then all the points are compounded.

You know that before the day ends it will go back to your 1st entries long. All trades will be closed for profit. Only one will be break even.

This scenario works if we are not having a broad based sell off.


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27810 Redeemer

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Posted 13 November 2013 - 10:52 AM

I think we'll see that 40000 (IG) today. H&S on 3H chart seems to be playing out.

 

Trend for now is down will not buy this dip.Sorry for not selling the rally


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#27811 bear catcher

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Posted 13 November 2013 - 10:46 AM

Trend for now is down will not buy this dip.Sorry for not selling the rally
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IG CASH


#27812 Sunesis

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Posted 13 November 2013 - 10:45 AM

Bought 40500

Second Long 40370


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#27813 davidp13

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Posted 13 November 2013 - 10:42 AM

Buy this dip?

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I find trading like body surfing, catch the right one and you will make it all the way to the beach.


#27814 delta66

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Posted 13 November 2013 - 10:18 AM

I hope i am smiling to the bank today.

 

Great Pic

:lol: :lol: :lol:


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#27815 Sunesis

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Posted 13 November 2013 - 10:15 AM

Just a picture to make you smile... :D when-bull-beats-bear-2-o.jpg?w=1043

 

 

Edit: If you cant see the pic, click the link...

 

http://stableboysele...-2-o.jpg?w=1043

I hope i am smiling to the bank today.

 

Great Pic


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27816 Argento

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Posted 13 November 2013 - 10:14 AM

US looks ready to join us on the downside...line in the sand for the SPX is 1740...if broken more blood will flow!

 

But with healthy internal rotation going on, NYSE McClellan Oscillator already reaching relatively low readings and the DOW (large caps outperforming) confirming that new high got a feeling she is not going to crack it!

 

TOP40 correction is very much regulated and slowly making her way down to the 40350ish (futures) target zone...should only then be time for the bulls to start dancing again! :P

 

A

For the intra day scalpers should be a good long to go up into when the US opens..but trend is still down!

 

Something interesting, just as all other charts work with positive and negative divergences the bull/bear spread works the same, bull markets rarely tops out with such extreme spreads we are seeing now...it does indicate on some weakness straight ahead but in the bigger picture it is saying the ultimate top is not too far off..and will show positive divergence too once we arrive (March 2014?).

 

A


Edited by Argento, 13 November 2013 - 10:19 AM.

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#27817 gringots

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Posted 13 November 2013 - 10:11 AM

Just a picture to make you smile... :D when-bull-beats-bear-2-o.jpg?w=1043

 

 

Edit: If you cant see the pic, click the link...

 

http://stableboysele...-2-o.jpg?w=1043

Attached Files


Edited by gringots, 13 November 2013 - 10:12 AM.

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"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.

 

Don't listen to me, I'm a market Rookie.

 


#27818 Sunesis

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Posted 13 November 2013 - 10:03 AM

Bought 40500


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27819 Sunesis

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Posted 13 November 2013 - 09:45 AM

Curse all you Bulls with all your buying. Take your cash and go buy Bonds instead. Give the Bears a chance. But I refuse to become a Bull today. Otherwise all the Bulls will turn into Bears and I will be the pig!

We understand why you hate. We just can't help it, the market looks juicy for bulls now.


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#27820 Argento

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Posted 13 November 2013 - 09:40 AM

Curse all you Bulls with all your buying. Take your cash and go buy Bonds instead. Give the Bears a chance. But I refuse to become a Bull today. Otherwise all the Bulls will turn into Bears and I will be the pig!

:D


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