35854 replies to this topic

[bear catcher]

Almost Friday again. Lots of big dividends. Anybody know how many points?

110 points

[Shortboy]

Almost Friday again. Lots of big dividends. Anybody know how many points? 

[farouk]

Chart of Monthly chart of $$$$$$$$$ Index

usd index.PNG

This is the beeeeg picture.

What we see on this monthly chart that goes back all the way from 2002 to 2014

An inverted head and shoulders.If that 84 mark is broken convincingly then the target is 101.70

Your histogram is confirming a big move coming.

Have your fingrers on the trigger.

Remember i said $$$$$$$ (toilet paper) is King.

What i forget to tell you is British Pound is Queen.

Together they have colonized the World currencies via a system called monetary colonisation.

And this was the Beeeeg picture.

Now take all that i gave you and ask yourself what is happening in the market recently.

The clue on the above charts will tell you when to expect the market to bounce.

Remember my words i said "bounce".

[farouk]

Before i post my charts on US$ let me say my peace.

Yes Gold to $800 that is still my view.

My views is based on charts and nothing but charts.

Whatever noise you hear on the outside will be inside charts and if its not there then its a rumour.

Note when i said Gold going to $800 i never gave a time frame but my charts still confirm that figure.

At present we have a bounce and when every Tom,**** and Harry is bullish then its back to a roller coaster ride.

PS charts are an excellent weapon to use in ones trading but its only for those that have knowledge on how to modify and adapt.When i made my call for $800 i did not say its going in one direction to that level.For sure any one that do charting will tell you when the sentiment reaches an extreame level then one must expect a temporary change in trend.Note i did mention a few weeks back  that Gold will bounce to between $1400 to$1500 before heading below a thousand.

So much for Gold let me have my say in the US$.

Those that hold dogmatic and rigid opinions on the markets rarely succeed in the markets because they base their charts on outside noise.The charts i present to you is a balanced view of what the charts are saying and not my personal opinion.

Note those that use charting to take a trade will have first hand knowledge on when to enter a trade and when to exit a trade.A successful trader is not one that wins every trade but is one that knows when to enter,when to exit and where to put ones stop loss.If a trade goes against you take it as a lesson for future trades.

Recently we had people singing a song that the markets are going down and while the song was being played intellectual traders made a bag of boodle.The bottom line is we all know that the markets are overheated but when an opportunity comes then don't listen to the noise but listen to your charts.

Back to the $$$$ i said $$$ is King.Yes it is King and you are its slave.So as long as you are its slave it going to rocket to new highs and that is exactly what the charts are confirming.Time frame i don't know.When that breakout occurs i will have my finger on the trigger because it going to be a fast move.

Charts will follow.

Now don't forget what i taught you.

[grantmu]

IMO this be intermediate wave A now heading for an equal leg 43000 (safex futures) at speed.

It may bounce there or extend to next Fib quite easy.

The further it goes the larger the retrace.

Expect intermediate B to obey Fib with ability for 100%

On second thoughts the financial mouthpiece clots reveal too commonplace unworthy of such effort

Still got intermediate C just to make it Major A

Rem: Breakaway gap looks down upon its creation with a smiling gape

 

IMO this be intermediate wave A now heading for an equal leg 43000 (safex futures) at speed.

It may bounce there or extend to next Fib quite easy.

The further it goes the larger the retrace.

Expect intermediate B to obey Fib with ability for 100%

On second thoughts the financial mouthpiece clots reveal too commonplace unworthy of such effort

Still got intermediate C just to make it Major A

Rem: Breakaway gap looks down upon its creation with a smiling gape

keeping shorts open, will just let them ride till I see a confirmed turn, some of these shorts are carrying some big points. 

[farouk]

Chart of US$$$$$$ daily index

 

$$$$$$$$$$$$$$$$$$$.PNG

The histogram in the chart is confirming a big move coming.

A breach of that 200dma will be your signal.

But wait this may be a small move lets look at the big picture for that big move.

Hello Zooma

Hope you learning from my charts.

[Shortboy]

The deep science of trading!

Hmmm, The attachment didn't go through.

 

 

[AJS]

S&P bounced exactly off the 1929 pivot.  Still few hours of trading left - let's see if it will hold.

[Vertebrae]

Vix going up. 

 

is the following a possibility (comments welcome)

 

the market tested the 43210 level today and looked very much like a bounce would be the order of the day, the market is now dropping again and vix going up so the question is////  is the removal of QE adding to the drop, is the uncontrolled nature of these drop's more to do with panic and a fear that we are going back to the levels a couple of years ago.  Sure

 

Could it be that in the last couple of years banks have been trading for the balance sheet with all the newly acquired liquid money issued by the FED, is it also possible the traders on these desks have been the reason for the driven price and are now very nervous because they have no idea how to deal with a bear.

 

Traders a minority in US & EU where majority trades via algorithmic, which adds zest or something,  see  http://en.wikipedia....rithmic_trading

 

the reason I ask this is the drops (although only 2 so far) feel very reactionary but are not reacting to anything in particular, feels like late 2011, when the word Greece in the news no matter in what context would drop the market 1 percent.

 

Algorithms are designed for trade warfare, nothing less will do

 

The bottom line is do we strap in and just hang on or use caution. is this going to get more messy than usual.

 

Todays move probably the new norm until about 7000 p down, we gonna get there one way or another

 

G 

[Shortboy]

The deep science of trading!

[RusQ]

Vix going up. 

 

is the following a possibility (comments welcome)

 

the market tested the 43210 level today and looked very much like a bounce would be the order of the day, the market is now dropping again and vix going up so the question is////  is the removal of QE adding to the drop, is the uncontrolled nature of these drop's more to do with panic and a fear that we are going back to the levels a couple of years ago. 

 

Could it be that in the last couple of years banks have been trading for the balance sheet with all the newly acquired liquid money issued by the FED, is it also possible the traders on these desks have been the reason for the driven price and are now very nervous because they have no idea how to deal with a bear.

 

the reason I ask this is the drops (although only 2 so far) feel very reactionary but are not reacting to anything in particular, feels like late 2011, when the word Greece in the news no matter in what context would drop the market 1 percent.

 

The bottom line is do we strap in and just hang on or use caution. is this going to get more messy than usual.

 

G 

all good questions. likely answer is, yes.

 

there is probably more? bears are generally more difficult to trade than bulls. (imo, we have entered the first phases of a bear) so, good luck to all!

[Vertebrae]

IMO this be intermediate wave A now heading for an equal leg 43000 (safex futures) at speed.

It may bounce there or extend to next Fib quite easy.

The further it goes the larger the retrace.

Expect intermediate B to obey Fib with ability for 100%

On second thoughts the financial mouthpiece clots reveal too commonplace unworthy of such effort

Still got intermediate C just to make it Major A

Rem: Breakaway gap looks down upon its creation with a smiling gape

[grantmu]

Vix going up. 

 

is the following a possibility (comments welcome)

 

the market tested the 43210 level today and looked very much like a bounce would be the order of the day, the market is now dropping again and vix going up so the question is////  is the removal of QE adding to the drop, is the uncontrolled nature of these drop's more to do with panic and a fear that we are going back to the levels a couple of years ago. 

 

Could it be that in the last couple of years banks have been trading for the balance sheet with all the newly acquired liquid money issued by the FED, is it also possible the traders on these desks have been the reason for the driven price and are now very nervous because they have no idea how to deal with a bear.

 

the reason I ask this is the drops (although only 2 so far) feel very reactionary but are not reacting to anything in particular, feels like late 2011, when the word Greece in the news no matter in what context would drop the market 1 percent.

 

The bottom line is do we strap in and just hang on or use caution. is this going to get more messy than usual.

 

G 

[BBW]

Thanks for the sharing BBW. Not disrespect read into your post. . The routes that we take and experience to become consistently profitable appears to be universally tough. But we will get there!

Cool P. Nice move you caught there. Hope it was just a scalp and not you looking for the bottom? Gave me a bit of a shake-up, and once again mistakes made, but as you can see, DO NOT TRUST these guys from IG Markets! They're unscrupulous. This market is going down. As the legendary Boy Louw said: "Looks at the Scoreboard!"

[Ettas]

We should see a nice green daily candle tomorrow to confirm an engulfing candle and kick off the next leg up....long it is boys!!

 

I am bullish now!

 

A

 

A

 

Did you see the dude on Bloomberg that says S&P will be at 3000 in 18 months or so??

 

If you are correct with your count that we still in internediate V up wave I will find out where you are and come shake your hand bro.

[Vertebrae]

Market tells Draghi to kiss my grits

Gran sending him a parcel

[K~~]

What is concerning is that real panic has not set in yet. People still want to buy..

The Bear is going to love it!

K

[bear catcher]

We should see a nice green daily candle tomorrow to confirm an engulfing candle and kick off the next leg up....long it is boys!!

I am bullish now!

A

Confirmation adding shorts sorry A this market have gone against you too many times lately

Edited by bear catcher, 02 October 2014 - 05:03 PM.

[@sirgrantfleming]

OK OK OK... we buying yet?

ok... maybe tomorrow

 

#beornrightagain_grrrrrrr!

[K~~]

We should see a nice green daily candle tomorrow to confirm an engulfing candle and kick off the next leg up....long it is boys!!
 
I am bullish now!
 
A

Quick hands needed to catch this falling knife, A.

Hope it works out.

K