31 votes
Little Master
Posted 15 October 2014 - 05:02 PM
That is if this is not the start of something a lot bigger, that we do not know of yet.
Draghi will surely disappoint again tonight, so I have the feeling that this could continue tomorrow.
I will take any profit thrown my way on this long.
Jaa...if we crack below the current levels...then 2008 here we come!
You better know when to hold on, know when to walk away and know when to run!
The Oracle
Posted 15 October 2014 - 04:30 PM
1st long 41364. This one I'll blame on Beorn
good entry!
Alsi future
I only post my views, not advice
The Oracle
Posted 15 October 2014 - 04:28 PM
Think you are spot on here...the 5H macd displays strong positive divergence so this might be the final whack down...!
A
That is if this is not the start of something a lot bigger, that we do not know of yet.
Draghi will surely disappoint again tonight, so I have the feeling that this could continue tomorrow.
I will take any profit thrown my way on this long.
Alsi future
I only post my views, not advice
The Artist
Posted 15 October 2014 - 03:54 PM
So...his must be the biggest drop of the year? Looks like she is ignoring all technicals. Could this be the final drop...after the 2 previous "final drops"?
If we get a nice reversal candle here today this could be the end of it!
A
"Never never never give up!"
Newbie
Posted 15 October 2014 - 03:48 PM
Move in US 10Y says it all from 2.2 to 1.96
Sage
Posted 15 October 2014 - 03:48 PM
Think you are spot on here...the 5H macd displays strong positive divergence so this might be the final whack down...!
A
also good retest of the bottom
Little Master
Posted 15 October 2014 - 03:46 PM
1st long 41364. This one I'll blame on Beorn 
You better know when to hold on, know when to walk away and know when to run!
Newbie
Posted 15 October 2014 - 03:44 PM
So...his must be the biggest drop of the year? Looks like she is ignoring all technicals. Could this be the final drop...after the 2 previous "final drops"? 
Member
Posted 15 October 2014 - 03:44 PM
Dude...you tempt me!
Well...ouch
Little Master
Posted 15 October 2014 - 03:32 PM
I'm long with the kitchen sink @ 41936
Dude...you tempt me! 
You better know when to hold on, know when to walk away and know when to run!
The Artist
Posted 15 October 2014 - 03:28 PM
I'm long with the kitchen sink @ 41936
Think you are spot on here...the 5H macd displays strong positive divergence so this might be the final whack down...!
A
"Never never never give up!"
The Oracle
Posted 15 October 2014 - 03:25 PM
I'm long with the kitchen sink @ 41936
Alsi future
I only post my views, not advice
Little Master
Posted 15 October 2014 - 03:13 PM
Well sure looks like it, high VIX certainly playing in your favour, but in my view looks like she started the top building for the possible final leg down...60min macd already turned so any new high (mini double top?) will be met with negative divergence, let's see if the mudslide kicks off again after 15:00!
A
Thanks A.
Jaa, she doesn't look too convincing. 15h00 may see some reds.
Cometh the hour, cometh the mudslide!
Nice call A!
You better know when to hold on, know when to walk away and know when to run!
The Artist
Posted 15 October 2014 - 01:23 PM
Well sure looks like it, high VIX certainly playing in your favour, but in my view looks like she started the top building for the possible final leg down...60min macd already turned so any new high (mini double top?) will be met with negative divergence, let's see if the mudslide kicks off again after 15:00!
A
Looks like the SPX is loosing the 1869 pivot so next stop 1841...!
A
"Never never never give up!"
Pachycephalosaurus
Posted 15 October 2014 - 12:20 PM
Its a double Draghi day. Could I have that on the rocks please.
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
Little Master
Posted 15 October 2014 - 12:10 PM
Well sure looks like it, high VIX certainly playing in your favour, but in my view looks like she started the top building for the possible final leg down...60min macd already turned so any new high (mini double top?) will be met with negative divergence, let's see if the mudslide kicks off again after 15:00!
A
Thanks A.
Jaa, she doesn't look too convincing. 15h00 may see some reds.
You better know when to hold on, know when to walk away and know when to run!
Little Master
Posted 15 October 2014 - 12:08 PM
The bull in me can't hold it any longer...long at 42040 (IG Cash). To add if she goes below 41800.
Taking profits at 42393. Happy with the 353 pips under these conditions. Will leave 10% to run.
You better know when to hold on, know when to walk away and know when to run!
The Artist
Posted 15 October 2014 - 11:46 AM
Thanks A! I hope she does that "V" thingy today...straight back up
Well sure looks like it, high VIX certainly playing in your favour, but in my view looks like she started the top building for the possible final leg down...60min macd already turned so any new high (mini double top?) will be met with negative divergence, let's see if the mudslide kicks off again after 15:00! 
A
Edited by Argento, 15 October 2014 - 11:47 AM.
"Never never never give up!"
Sage
Posted 15 October 2014 - 11:35 AM
I agree with you on the VIX but depending on which EW we are busy with..if Intermediate V she should not waste any time going back up as they are normally impulsive by nature, I think this bull is still very much alive, this is a healthy drop for new money to flow in!
But will see...
A
I think sometimes the discussions on the group end up at cross purposes. the thing we are commenting on is when the turn happens and not how to take advantage of a swing. I am sure you also played the slight upswing in the long direction, I did 2/ but on adding more and larger longs to the mix I wait for a few things, the first is on the daily, the price needs to be above the 23 day MA, followed by a change in the MACD in a crossing. I see a couple of comments that the turn looked strong and lasted a 2 days, all good but the amount of movement was not substantial enough to warrant going all in and the MACD confirms this.
I feel very sorry for some of the people in the group as I can see the pain coming based on the statements. my way you may not be the first to get in but you will also not loose money left right and centre. the last time the MACD crossed as a bull was 3 September, since then we have been very definitely pointed down.
if the members just wait for the cross on the daily MACD they will stop loosing money
we are very near the bottom in my view, in fact the bottom may already be in, so I see a retest of the bottom followed by a committed run. I also think that there is not going to be much movement (sort of sideways) until the FED and ECB get a coordinated effort to make this all continue at a slow and steady pace. for that the ECB needs to actually commit to something other than pie in the sky. this is going to require money and a shedule, both things the ECB have not been able to commit to before.
G
Little Master
Posted 15 October 2014 - 11:30 AM
Nicely done!
A
Thanks A! I hope she does that "V" thingy today...straight back up 
You better know when to hold on, know when to walk away and know when to run!
