35854 replies to this topic

[Vertebrae]

u said something?  Hope u shorted

 

Now I see why you went to sleep

[delta66]

took half with tight stop but market showing weakness..maybe 46100

sorry guys..ommitted stating this was "cash" contracts not on futures

[delta66]

...target on short 46275(day trade) you think i'm being greedy?

took half with tight stop but market showing weakness..maybe 46100

[HDB]

If you sleep on the job you will miss the bloodbath you told us about.

u said something?  Hope u shorted

[RBM]

thats it done, bear control the day, maybe this whole week to cover for last week, twice as much power

[Argento]

You can be 100%, but my take wth SPX looking at extension of 5th or else commence P4 then ALSI lag is looking at catch up or 5th fail.

If SPX sees volume increase then I will consider phase out. Otherwise hold and buy any worthy dip, trust stops.

Thanks for your post over the weekend, great advice!

 

If US is going to extend as per Caldaro's inflection point we should still see some decent downside (their 50% retracement) into beginning Oct and believe might be minor 2 of Intermediate V (this minor 1 of 5 was very impulsive and the norm for 1's), but could also fall below 1905 for Primary IV to start but doubt it, with this ABS stimulus think this bull will just continue north!

 

But with their macd's also showing negative divergence on all timeframes think they too are going to be stuck in a trading range for a while until a drop into October, but will see!

 

Our weekly macd very much the same as 2012 where she created such a down channel and bottomed in July where that yearly cycle low was...so could see a quick break of 45000 to 44700ish for the final low and then commence Intermediate V!

 

For now just playing the support and resistance lines and watching the macd's for clues!

 

September normally a very zig zag month and think this one going to be no different!

 

A

[Vertebrae]

Sitting Elliot aside for now (although I still believe Intermediate IV of Major 5 is not done yet) and going short, target 45600!

 

Got a cycle low on Thursday (11th September).

 

5H macd has turned down and the weekly macd is in a position to keep her from breaking out topside!

 

With a yearly cycle low beginning of October (end of Intermediate IV??) this thing could just play within the resistance and support levels for some time to come...time to make some money too as Mhlato said!

 

A

 

You can be 100%, but my take wth SPX looking at extension of 5th or else commence P4 then ALSI lag is looking at catch up or 5th fail.

If SPX sees volume increase then I will consider phase out. Otherwise hold and buy any worthy dip, trust stops.

[RBM]

...target on short 46275(day trade) you think i'm being greedy?

I think that's very moderate n more greed is required

[delta66]

...target on short 46275(day trade) you think i'm being greedy?

[Argento]

Sitting Elliot aside for now (although I still believe Intermediate IV of Major 5 is not done yet) and going short, target 45600!

 

Got a cycle low on Thursday (11th September).

 

5H macd has turned down and the weekly macd is in a position to keep her from breaking out topside!

 

With a yearly cycle low beginning of October (end of Intermediate IV??) this thing could just play within the resistance and support levels for some time to come...time to make some money too as Mhlato said!

 

A

Edited by Argento, 08 September 2014 - 10:53 AM.

[RBM]

Tarot Cards

looks like its working n V Full Under

[RBM]

I assume you expect a bounce on the R/$, or do you use tarot cards?

Tarot Cards

[Vertebrae]

kitchen sink short...

 

I assume you expect a bounce on the R/$, or do you use tarot cards?

[RBM]

kitchen sink short...

[Vertebrae]

u obviously been through it!!  happy waiitng for ur target....long or short I still don't know!! Im off to bed, work done for the day...cheers

 

If you sleep on the job you will miss the bloodbath you told us about.

[Vertebrae]

My position remains long - last accumulation was detailed and has no change...

I trade only when confident. Elliott wave theory, Fib ratios are my primary TA tools.

 

 

Posted by Vertebrae on 29 August 2014 - 12:46 PM in ShareChat

Dip buying strategy...

Stop 44900 no pain no gain

 

 

[HDB]

Schizophrenia is not sustainable. Some only survive because they never trade their own guesswork, instead they beg for commissions when the dice lands in their favour.

u obviously been through it!!  happy waiitng for ur target....long or short I still don't know!! Im off to bed, work done for the day...cheers

[Vertebrae]

Schizophrenia is not sustainable. Some only survive because they never trade their own guesswork, instead they beg for commissions when the dice lands in their favour.

[HDB]

Thankyou to all who said thankyou but I always exclude HDB and all of his multiple personalities marketing cons

 

PS If you don't like Elliott please spit on the screen

 

T40 Futures(15 Minutes) next.png

Hay V, see all my multiple personalities thanking me in the CCi thread...I must be really impressing myself hay!!

 

and where u heading.....49000  but if fib plays out 45200...   what kind of a call is that...too many if and buts.... So what do u go long and short?? u feeding ur broker son!!

[gannet]

longs be careful, their is going to be red red blood out there today!!

 

I agree.

 

Friday's late rally above 46400 might have been a bull trap.