31 votes
Silfen Path Wanderer
Posted 19 April 2013 - 07:00 PM
Closed long at 33800 level. No open position over weekend!
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Sage
Posted 19 April 2013 - 05:11 PM
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
Member
Posted 19 April 2013 - 05:09 PM
Looks like Jakes has transformed into a Bull and Argento into a Bear (For the moment anyway)
and it looks like we will close above 34000, which will be a buy signal for me.
The mark of a professional, however, sounds like this:
It is my fault. I traded this position too large for my account size.
It is my fault. I didn’t stick to my own risk parameters.
The Oracle
Posted 19 April 2013 - 05:08 PM
Putting an order in to close my position @ 34100
Alsi future
I only post my views, not advice
Sage
Posted 19 April 2013 - 05:06 PM
Well done to you making the correct choice.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Member
Posted 19 April 2013 - 05:04 PM
I took the divi!
Great! then you could have scored both ways
The mark of a professional, however, sounds like this:
It is my fault. I traded this position too large for my account size.
It is my fault. I didn’t stick to my own risk parameters.
Sage
Posted 19 April 2013 - 05:03 PM
I took the divi!
i also took the divi thanks Lekkerry
IG CASH
The Oracle
Posted 19 April 2013 - 05:03 PM
Jip, seems like it was just a test of that down trend line.
Long @ 33955
Taken half of profit @ 34070.
Alsi future
I only post my views, not advice
Sage
Posted 19 April 2013 - 05:00 PM
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
The Oracle
Posted 19 April 2013 - 05:00 PM
and it looks like we will close above 34000, which will be a buy signal for me.
Alsi future
I only post my views, not advice
The Oracle
Posted 19 April 2013 - 04:59 PM
Today yes but there has been a few oversold bounces like these in this downphase..
These down channels end in a very impulsive move down together with putting in a reversal candle, has not happend so if not today then Monday but the final whack is coming..still looking for that 32670 level low, don't get sucked into todays upmove!
A
I hate to say this, but I dont think there is time for your down wack today, and unless some very negative news come out over the weekend, I dont think it's going to come Monday either.
Alsi future
I only post my views, not advice
Member
Posted 19 April 2013 - 04:57 PM
What did you do regarding the Dividends always an interesting question
Here is a more important question bear catcher: Hold onto long to claim the divi or sell now? If you decide to hold long, you better be sure the market will recoup the divi price adjustment, to claim the net effect on the divi! I am sitting with that decision right now...
The mark of a professional, however, sounds like this:
It is my fault. I traded this position too large for my account size.
It is my fault. I didn’t stick to my own risk parameters.
The Oracle
Posted 19 April 2013 - 04:50 PM
I wouldn't worry about dr Copper anyway. The correlation between the market and the dr has not been of any use since QE started.
Alsi future
I only post my views, not advice
Sage
Posted 19 April 2013 - 04:48 PM
monthly chart of dr copper looks very oversold and on support... don't think she can fall too much further
Master
Posted 19 April 2013 - 04:17 PM
yip I better cut my short T40 future - I agree w Jakes-also S&P dipped under 1540 and then 1536 without any immense auto sell orders decimating it last night tell me that longs were holders and not as panicky seller, this suggest a bounce back to the 1570s seems more likely early next week lifting us too.
The Artist
Posted 19 April 2013 - 04:15 PM
Just watch dr copper and that should scare any longs out of their pants and show this correction is not over yet! 
"Never never never give up!"
Sage
Posted 19 April 2013 - 04:13 PM
Here is a more important question bear catcher: Hold onto long to claim the divi or sell now? If you decide to hold long, you better be sure the market will recoup the divi price adjustment, to claim the net effect on the divi! I am sitting with that decision right now...
WHY IS US FALLING WHAT IS THE FEEL CUT LONGS WHILE POSITIVE OR HOLD ON FOR MORE UPSIDE???
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
The Oracle
Posted 19 April 2013 - 04:04 PM
WHY IS US FALLING WHAT IS THE FEEL CUT LONGS WHILE POSITIVE OR HOLD ON FOR MORE UPSIDE???
My opinion, we are not going down substantially today. I think we will power up into the finish today.
Alsi future
I only post my views, not advice
Sage
Posted 19 April 2013 - 04:04 PM
US S&P has breached tech support yesterday. The computers saying sell sell sell.
WHY IS US FALLING WHAT IS THE FEEL CUT LONGS WHILE POSITIVE OR HOLD ON FOR MORE UPSIDE???
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Sage
Posted 19 April 2013 - 03:57 PM
This is slow going, bulls and bears staying in balance .....
WHY IS US FALLING WHAT IS THE FEEL CUT LONGS WHILE POSITIVE OR HOLD ON FOR MORE UPSIDE???
IG CASH
