35854 replies to this topic

[Beorn]

I'm adding shorts here

[Argento]

Haha, you made me laugh out loud now! Thanks! 

[ZoomZ]

hi bandida huh what does dark trading room mean?? but actually mate i will rather stay here with the riff raff...(besides I make consulting money with my calls and cannot compromise this situation...) but i wish you all the very best and believe there are some super traders here...really fellas good luck to all...these are challenging times...indeed..but also a great time of awakening...or staying asleep. here is the best advice I gave people over 3 months ago....and yes it's free in a bear market ONLY only only look for medium and long term Fiboonacci levels to guide you...can you hear me...helllloooooooooo ooooooo oooooooo....only Fiboooooo.....naaaaa.....cccciiiiiiiii............far into the distance she disappears.

[delta66]

Haha, you made me laugh out loud now! Thanks! 

me2..almost fell off the chair

[AJS]

 as space left for three EXPERIENCED traders only

 

Haha, you made me laugh out loud now! Thanks! 

[Argento]

Some ALSI hindsight for your Thursday afternoon...

 

ALSI_daily_1314.png

Thanks for the interesting charts AJS!Hindsight indeed...so many traders got hurt shorting when se just went up and up (most calling the top around 42000?? etc) so when the time came to really short most were scared (including me)  !

 

The best didn't even call this much of a drop, but the world is not ending and me thinks a great opportunity is coming around, this thing actually due to the 7 year cycle and obviously QE3 ending (after every QE program there was a mini crash)...what really has changed since June/July, growth problems etc just a cover, just looking for a reason IMO!

 

We broke out of a huge consolidation band since 2000 so S&P has to go back to 1570ish to make a retest, given the run we had since 2009 I think this is very healthy and fresh money will flow in, interest rates still low so no where else to put da money!

 

A

[ZoomZ]

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

[Beorn]

Also, EU growth is fkt.<br />Now it is not only Greece but the whole EU in trouble, and a couple of years after the fact, Greece wants to exit its austerity program.<br /><br />What ever it takes Draghi? He has no tools left.<br /><br />Blood will flow on the streets and history will brand Draghi, Bernanke etc as imbeciles.<br /><br />I really cant think that anyone believed equities were fairly valued.<br /><br />This is all just my opinion though

[chnkaw001]

many were warned here..but their egos or lack of skills were the cause of their deafness...bear markets indicate real traders from chaff

btw 41215 is the 38% retracement from 31490 (previous high) or so....which i am on record stating would be tested one day...but this bounce today is trying to have effect.....the next stop for the fall to continue straight thru the 38% is to 39350 or the 50% retracement...

so the problem with the alsi bounce is the dow can test 15500 first.

and btw where are those dollar bulls....barking and screaming dollar dollar doll...blah blah...most asian currencies are wiping the floor with the USD..endgame ahead

the world today is a deflationary war induced collapse of the USD. ignore this at your peril. difficult to reason with small boys with grumpy n bad attitudes however. good luck

I think some people in the forum tend to ignore new or less commenting posters. And a bit of bias of long, I think more analysis should be considered before making a buy sell decision, I do agree a few in here have a bit of an ego on them. But the bad part is that majority of others in the forum has fed their ego to continue on their trades, so the forum itself is also a factor of their actions.

Sent by my Xperia Z Ultra using Sharenet Sharechat mobile app

[AJS]

Some ALSI hindsight for your Thursday afternoon...

 

 ALSI_daily_1314.png   247.33KB   17 downloads

[ZoomZ]

many were warned here..but their egos or lack of skills were the cause of their deafness...bear markets indicate real traders from chaff btw 41215 is the 38% retracement from 31490 (previous high) or so....which i am on record stating would be tested one day...but this bounce today is trying to have effect.....the next stop for the fall to continue straight thru the 38% is to 39350 or the 50% retracement... so the problem with the alsi bounce is the dow can test 15500 first. and btw where are those dollar bulls....barking and screaming dollar dollar doll...blah blah...most asian currencies are wiping the floor with the USD..endgame ahead the world today is a deflationary war induced collapse of the USD. ignore this at your peril. difficult to reason with small boys with grumpy n bad attitudes however. good luck

[chnkaw001]

Really happy to keep my short, regretted a little not shorting a more today at 41900 ALSI, hopefully Fri Fed speech have a bounce and sell the rally.

[Beorn]

The FED created bubble is bursting.

 

Bernanke's monster is dying.

 

Buyers have dried up. So the junkie is throwing it's fit due to no more cheap money being printed.

 

I have a target of 2008 highs for the Alsi.

 

I started going short @ 41450 and will add on any rally.

 

I bet the longs are bussy squirming and reeling. Just say thanks to Bernanke and the FED for this.

 

I wish I could speak to the guys who said the end of QE would not affect the market, (and there was a lot of them).

[Qbre77]

Hi Qbre77,

 

When you are dealing with a breakdown like we are seeing now always good to move to the bigger timeframe charts, cause the smaller ones can be tricky, so for confirmation that will be a weekly doji to confirm the change of trend.(Not seeing one yet...)

 

But the daily and 5h are also good pointers, our market (chart) haven't confirmed so reason for me still being bearish this morning, although the US did put in a nice reversal hammer one could argue that it is a turnaround, but they still ended down and this high VIX can cause these fake reversals, see they already down over a 1% so could definitely be a fake one again, same as the FOMC turnaround few days back we saw.

 

Best to focus on a daily reversal, market drops very impulsive and turn around to end green, that would be a good signal and havent seen it yet!

 

A

Thanks for the explanation, much appreciated 

[Beorn]

I'm out of all my longs @ 41500.

 

It looks like we might start playing catch up with Ftse in the afternoon session.

[Vertebrae]

Thin ice with occassional avalanches.

Just pricing in the end of the world a bit.

 

Don't tell anyone but I see two Fibs pointing to 40960ish

[Argento]

A wat reversal candles r u looking for?

Hammer on Dow and on S&P r these not reversal candles or am I wrong?

Hi Qbre77,

 

When you are dealing with a breakdown like we are seeing now always good to move to the bigger timeframe charts, cause the smaller ones can be tricky, so for confirmation that will be a weekly doji to confirm the change of trend.(Not seeing one yet...)

 

But the daily and 5h are also good pointers, our market (chart) haven't confirmed so reason for me still being bearish this morning, although the US did put in a nice reversal hammer one could argue that it is a turnaround, but they still ended down and this high VIX can cause these fake reversals, see they already down over a 1% so could definitely be a fake one again, same as the FOMC turnaround few days back we saw.

 

Best to focus on a daily reversal, market drops very impulsive and turn around to end green, that would be a good signal and havent seen it yet!

 

A

[Qbre77]

No reversal candle so expect new lows!

 

Ok V, I'm with you on primary IV that commenced...but before we should arrive at the 34000-36000 target (mine 34300ish futures) next year my take is we are going up for one last high (major B ) before the final meltdown begins (major C (creating a top formation)), reason being there is no negative divergence on the monthly MACD yet and drops like those only happen when that happens!(Looking back at history)

 

So we could possibly see the major A bottom next week somewhere in the 40700-40300 futures (monthly 21 moving average) range and a stellar upleg into beginning next year (Febr?), primary waves take months to complete and is just nasty!

 

Let's see how it plays out!

 

A

A wat reversal candles r u looking for?

Hammer on Dow and on S&P r these not reversal candles or am I wrong?

[UpAnDdOwN]

could we have a bullish flag forming, to indicate this is just a correction? or do you guys think we definitely in for some tougher times.