35854 replies to this topic

[Beorn]

China's factory activity stopped growing last month.<br />Resource heavy markets should take a beating again today.<br /><br />Unless this causes markets to expect more easing from China, in which case, skies the limit.<br /><br />My money is on Alsi falling through the floor,

[RusQ]

Bruce Lee once said something along the lines of "be like water"

'like a duck's water off my back'  

[Vertebrae]

Rain stopped play, but thanks for keeping that gap on ice

And for all to see...Oom Fib is back in town, 

yeah!

 

[gannet]

Fewer and fewer brave souls left to try and trade this market!

 

Let' see if we can get something out of the weekly chart...as you can see it looks like we have a reversal pattern down and if the red line could be our final stop (for wave C), given it be a very up and down affair!

 

But let me not get ahead of myself and make calls to eagerly (and get punches along the way)!

 

Daily macd is now really down so can the TOP40 (inverted H&S still at play?) muster the strength for new highs with the US being at these levels...me doubt but let's not throw away that thought, if it does kudo's to those who ride it, but then she needs to start going up from tomorrow and put in a reversal candle today!

 

If we continue down and hit 44000 by friday and she bounces then the play would be to short the hell out of any rally!

 

A

 

Ja ... seems like there are as many brokers in here now as there were once traders 

 

I'm not a Bollinger Boffin ... but that paints a weak picture A

[Argento]

Fewer and fewer brave souls left to try and trade this market!

 

Let' see if we can get something out of the weekly chart...as you can see it looks like we have a reversal pattern down and if the red line could be our final stop (for wave C), given it be a very up and down affair!

 

But let me not get ahead of myself and make calls to eagerly (and get punches along the way)!

 

Daily macd is now really down so can the TOP40 (inverted H&S still at play?) muster the strength for new highs with the US being at these levels...me doubt but let's not throw away that thought, if it does kudo's to those who ride it, but then she needs to start going up from tomorrow and put in a reversal candle today!

 

If we continue down and hit 44000 by friday and she bounces then the play would be to short the hell out of any rally!

 

A

Attached Files

•  TOP40 Weekly.jpg   148.09KB   16 downloads

[gannet]

I'm long until that lower channel is broken. What a party it's been!

 

You are long until then?

 

Trading leveraged instruments?

 

Seriously?????? 

[Daytrade]

I'm long until that lower channel is broken. What a party it's been!

Attached Files

•  Turn.jpg   76.63KB   13 downloads

[gannet]

MACD said yesterday what we are seeing now...this not good for the TOP40 as she posted a lower high...so expect new lows again (C?), but with playable bounces along the way!

 

Think this might drag on into Q1 next year, sure looks like that Primary IV!!

 

If US turns very good change they going back to 1820 again!

 

A

 

Thanks A

 

Phew ... you came in for some unfair stick today!! 

 

Bruce Lee once said something along the lines of "be like water"

 

And that's the mark of a good trader.

 

Sticking to your guns simply because you are stuck to them will see you come unstuck! 

[Ettas]

No worries E, was too sure about that long call I agree and will take the punch!

 

The mere fact that we are so out of sink with the US makes this beast so much more difficult to tame!

 

Luckily the macd saved my ass yesterday and got out of my longs!

 

Looks like the November seasonal blues are taking over!

 

See UBS is saying US also going down soon.....low yields, VIX and breath not confirming the new highs!Interesting times ahead...

 

A

 

 

Rinse & repeat...

 

vixdip.jpg

on that point...Thanx V

[Plasma]

Looking back at the 4h chart it now looks clear that when PA failed to bounce back higher, as per the red arrow, it should have been a warning light for me. What I am doing atm ito playing the longer time frames is to mark these pivotal moments during the development thereof and to capture my viewpoints at that point for review later, since the "later" and the "now" are two different realities. But then sometimes you only see these pivotal moments after the fact.<br />  ImageUploadedBySharenet Sharechat1416395784.409673.jpg   125.25KB   33 downloads

[Argento]

So Sorry If I hurt your feelings Frans. You make some absolutely brilliant calls!! I just find them confusing sometimes within a short space of time. 

 

but like they say...If you can't blind them with brilliance, then bedazzle them with bullshit

 

and PS. I posted not long ago about coming back down to this gap and perhaps the one left on the 31st okt without no replies...didnt change my call inbetween since then................

No worries E, was too sure about that long call I agree and will take the punch!

 

The mere fact that we are so out of sink with the US makes this beast so much more difficult to tame!

 

Luckily the macd saved my ass yesterday and got out of my longs!

 

Looks like the November seasonal blues are taking over!

 

See UBS is saying US also going down soon.....low yields, VIX and breath not confirming the new highs!Interesting times ahead...

 

A

[Vertebrae]

Got to go play, please mind the gap for me, reminds of someone...

 

Whenever he 'sees a gap'
he'll 'pluck a feather for his cap'
'to hell with the rest'
as long as he can 'feather his nest'
and then he wont 'shut his trap!'

[Ettas]

At least you have contributed to the forum in a good view B...some people very outspoken with very little input!

 

A

 

 

And long it is full speed ahead!!

 

A

 

 

60min macd shows positive divergence and this sideways dull action is normally bullish, I'm still in the bullish camp waiting for a break out up....!Then a big move will follow!

 

A

 

 

Nice 'toast' call there gannet..I'm out for now, that daily macd looks like something else is at play here!

 

A

 

So Sorry If I hurt your feelings Frans. You make some absolutely brilliant calls!! I just find them confusing sometimes within a short space of time. 

 

but like they say...If you can't blind them with brilliance, then bedazzle them with bullshit

 

and PS. I posted not long ago about coming back down to this gap and perhaps the one left on the 31st okt without no replies...didnt change my call inbetween since then................

[BlythZ]

Frans

 

Truly magnificent turnaround yet again by you....Cant wait for your opinion tomorrow... one day I also want to be a professor of hindsight

Ettas, i really think this market is just too difficult to predict. Who could have thought Dow would be above 17,640 on the 15th of October when it reached a low of 15,770? 

 

I think most of it is just the timing which is wrong but eventually the call would be right, Argento does give very good calls. His response when i asked him about his longer term view last week he mentioned that looking at the weekly chart MACD has positive divergence, but i know for certain that when yo are looking at a weekly chart the market can go against you until it proves you right! 

Edited by BlythZ, 19 November 2014 - 11:59 AM.

[Ettas]

Im Sorry Frans, Just having a bit of a dig at you for sounding so sure 48 hours ago about the green train.....

 

The old school im from it's customary to give guys Shite when they are wrong. 

 

Hope you not taking shots with any longs

[Argento]

Like I said, I dont want to get involved in a spat, just noted that I found it funny.

 

I am not in a position to judge, my last call was horribly wrong, but also spot on, just a timing issue.

 

So best I keep my opinions to myself.

At least you have contributed to the forum in a good view B...some people very outspoken with very little input!

 

A

[REDorBLACK]

Like I said, I dont want to get involved in a spat, just noted that I found it funny.

 

I am not in a position to judge, my last call was horribly wrong, but also spot on, just a timing issue.

 

So best I keep my opinions to myself.

 

 

Even a broken clock is right twice a day....so somebody will always  be right and somebody will always be wrong.

[Beorn]

Clearly his not reading all the posts!!

 

A

 

Like I said, I dont want to get involved in a spat, just noted that I found it funny.

 

I am not in a position to judge, my last call was horribly wrong, but also spot on, just a timing issue.

 

So best I keep my opinions to myself.

[Argento]

Where is the like button???

 

   

 

(No offence A, just very funny)

Clearly his not reading all the posts!!

 

A

[zombii]

Where is the like button???

 

   

 

(No offence A, just very funny)

 

There are voting buttons in the lower right-hand corner.