35854 replies to this topic

[ZoomZ]

A, absolutely not soon....not today but it will test it within 12/4 months I believe....as for bull market....cannot see it...like I said the channel test can take alsi up to 47000...to close the gap there...but I will be short 236 contracts at that level...up there she can clean my whistle or pop my top alsi...go for it the markets have run out of time...Gann....it will take 12 even 24 months to remedy the grotesque tech damage..and sentiment you know when 43000 came along people were nervous (15000 dow)...but it went higher...4000 points..then the markets came rushing past 43000 like butter..it proves to me that is...not EW caldaro...that the last 4000 points was the impulse ...in my opinion of course. how many time have I shorted the 10/90 minute chart...but seen another 400 points added...but the market came rushing by the entry good luck people..it's all we got. chin up...before you push the button dont ask your system for clarity...just ask yourself...."are you sure..." bears maul,bite and rip but they live wild and free...bulls kick and gorge and huff, but they become hamburgers

[Argento]

I'm adding shorts here

Hope you got out of your shorts!

 

A

[Argento]

btw ettas..i dont think this is the bottom at all... all markets make a retest of their supposed recent 'lows'...and then either break or hold then we can chat about those levels.... no in fact the market should test 31500 soon..and yes ALL gaps will close...not with shadows..with candle BODIES but drawing a channel today....the markets could (with many drops along the way IF indeed 41200 was an intermediate low) actually close the gap at 47000 and still NOT break into the 'go higher' channel up there...implying serious double top. we are swing traders..trade the fibs, channels and swings....in that order. good luck

Don't think this market will test 31500 soon ZoomZ, at least until this bullmarket is over and following EW this thing is still bound to run deeper into next year, but a retest of 41200 is possible (Primary IV?) but not now and only after new highs into December IMO!

 

Now watch this baby move up like a steam train..also seeing a huge inverted H&S forming that is typical of an impulsive V upleg!

 

Sitting tight for the ride.....

 

A

[ZoomZ]

alsi must break and stay above 660 to hit 830/887....but my 10 minute says alsi must test 41230. and it seems she's just rejected the channel ajs mentioned. and alsi is nervous..and ill..cant take a run at polly shorts after this last 2 weeks now really over and out

[ZoomZ]

i see switzerland got the memo late today...talk about volatile up 0.5% down 0.43%...now up 1%..the swiss cannot possibly endure such indecision..thank goodness the train finally arrived at the station ja that channel....would be an incredible H and S if it works that steeply...up to neckline 44000 (from 41200) back to shoulder 43000..then up to 47000 caveat.....a late afternoon swoon..up to 42830/887...back to 42500 would be civilized. market wants to close at least one up gap though 43200. over and out

[AJS]

Lets see if it wants to break out for real here. Lower end of the channel is all the way in the lower 40k's !

 

 ALSI_hourly.png   217.86KB   25 downloads

[ZoomZ]

btw ettas..i dont think this is the bottom at all... all markets make a retest of their supposed recent 'lows'...and then either break or hold then we can chat about those levels.... no in fact the market should test 31500 soon..and yes ALL gaps will close...not with shadows..with candle BODIES but drawing a channel today....the markets could (with many drops along the way IF indeed 41200 was an intermediate low) actually close the gap at 47000 and still NOT break into the 'go higher' channel up there...implying serious double top. we are swing traders..trade the fibs, channels and swings....in that order. good luck

[ZoomZ]

ettas..howzit...sorry mate i didnt think you were....my apologies...i am dry but not vindictive.. yeah for sure...i took the breakout post crash to the recent high...those are some points I use... one thing when we get these massive corrections in a broader bull we get the opportunity too draw nice channels... so coupled to FIBs, nice long channels, and daily pivots/supports/resistances one should do nicely now calling markets/trades. I have always been very confused by some traders here...bull or bear they take a possie and stay there... then, while short (cos the larger trend tells them to short) the market goes through a buy pivot but they hold short...crazy..at least close att these pivots..wait for the market to correct itself to the larger initial trend or, while long (cos the larger trend tells them to long) the market goes through the sell pivot but they hold long. ooooi ooooi oooi, i dunno derren.

[Ettas]

i'm in my annniversary ..... but ettas, et al, read my lips...all markets run out of time...not only price but time...al la Gann now the simple thing to watch for...in a commencing bear...because time has run out geniuses...are fibonacci levels...so from previous breakout high to current high....draw a fib retracement. only trade the fib levels as chaos prevails so prevails Fib. Now...back down the rabbit hole.adios.

I am not attacking you in any form Zoom.....I drew in your levels now and see what you mean. Just asked about it as I normally draw fibs from bottoms to tops if that make sense. SO just to be clear, you think this is bottom?? Dont think we can go to 61.8% of your levles at 38000ish...nice support there and will be lekker 20% corretion

[Argento]

Agreed!

 

Now we buy the dips

 

Next week could run hard

O yes, normally see some weakness after such a reversal candle but back to buying the dips, this bull is not dead yet and might see a V up recovery!

See Caldaro also saying the trend could have changed...saw a mean reversal in the US and UBS said buy when that happens, they were spot on with their calls as of late!

 

A

[gannet]

NOW THIS IS THE CANDLE I WAS LOOKING FOR!!

 

Bulls are back...expect a mean recovery backup....could see some weakness tomorrow but in my books it very much looks like the low is in!

 

A

 

Agreed!

 

Now we buy the dips

 

Next week could run hard

[ZoomZ]

rusq......i dont sell opinions either..i sell money opportunities. and i dont peddle scary stories either.. the USD is THE world's scariest story and it's this story the world wants to get rid of fella.... wars ...economic woes ..boom busts are primarily a result of the FIAT dollar, and those that wish to protect their way of life at any cost to any country that rejects it. ...some people dont understand that fake currency and its 'print from thin air' characteristics has exported inflation (and a plethora of other maladies) all over the world...we are suffering as a result of the fake dollar FIAT currency. america produces nothing but debt....the world is sick of it and you betcha they are going to do something about it; the dollar's days are over. kaput. back to alsi.

[Motion Picture]

NOW THIS IS THE CANDLE I WAS LOOKING FOR!!

 

Bulls are back...expect a mean recovery backup....could see some weakness tomorrow but in my books it very much looks like the low is in!

 

A

 

May the bull live again

[bear catcher]

Looks like there is not enough from the bulls,will drop again before the bulls try again , but my money still on the bears just my opinion, short from 42050 again.

[RusQ]

an epoch shift in monetary 'truth and reality' is upon us...the US is losing reserve status....once in a multi-generation event is here...global reset. the US as a result is waging war and other mass 'deflection' from the obvious collapse of their reserve status and economy...petro dollar is kaput....petro yuan/rouble/yen/real approaches..equitable?? for sure.. hyper inflation in USD, but not before deflation.. europe is far healthier if it aligns with the emergent East..if you rely on Bloomberg for your truth; to tell you europe is knackered - as opposed to the american unfolding scenario - you deserve what's coming to you...distraction is how the magician tricks the unaware.... '...look, look over there..they are bad and rotten...says the stinking corpse to the beautiful maiden.' adios

i do not sell my opinions.

 

ever since the Club of Rome simulations (http://en.wikipedia....imits_to_Growth), which i found interesting as it started when i was a student in related fields at the time and saw hi-jacked since then. Y2K was another scare, which i first objected to and eventually made good money from! why do we as humans so need scare stories?

 

the world WILL end eventually, but not because in case the dollar collapse. the only real currency is affordable energy, imo. so this development caught my eye --> http://aviationweek....reactor-details

 

sorry if you consider it too far off topic. i use this thread for things that are of interest to me, please object and i will stop...

[RusQ]

grrr!

thought my shorts were fine and went shopping for groceries. ended the day with a loss and am currently long.

only using fib levels (and the levels mentioned) makes no sense to me? mind if i don't trade on any of those

[ZoomZ]

i'm in my annniversary ..... but ettas, et al, read my lips...all markets run out of time...not only price but time...al la Gann now the simple thing to watch for...in a commencing bear...because time has run out geniuses...are fibonacci levels...so from previous breakout high to current high....draw a fib retracement. only trade the fib levels as chaos prevails so prevails Fib. Now...back down the rabbit hole.adios.

[Vertebrae]

Major A is in alright. With a high degree of consensus

 

Wave C = 261% of A. Chart shows quick target find with retrace tool...

 

(kicks in when 161% goes by)

 

 

And all those TA insights are appreciated.

 

 

 

[Ettas]

why's not....can you see the shooting star there...and can you draw a chart from 31490 to 47280? buy the 38%..maybe too late now....but it had to be a place to cover shorts or at least buy ... remember bear markets ONLY respect fibonacci as chaos prevails golden mean prevails adios...aniinversary...1992 merlot of the highest order

my man, I dont really get the levles you give there...can you enlighten me

[chnkaw001]

NOW THIS IS THE CANDLE I WAS LOOKING FOR!!


Bulls are back...expect a mean recovery backup....could see some weakness tomorrow but in my books it very much looks like the low is in!


A

Nice call A see you still leave the backdoor open with some weakness. I closed all my shorts at 41880 and will be on the side as this looks like a real reversal for short term will definately not go long rather wait for another short entry,really want to first see QE end befor I will go long again.Just my view but what a great long call today!

I think ALSI seems to jump the gun before the other market close higher in US. SA got a very small weekly candle and tomorrow is yet to come.

Too much risk for me to jump on a bull.

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