35854 replies to this topic

[sequoia]

TellyTubby rhymes with... Chubby?? 

 

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

 

K

 

Gaps do not always close 

[Ettas]

Cool!

 

I'm with you on this, also got the 5H 200 moving day average there so should stop her in her tracks!

 

Changes then are good she is going to put in a doji today (already negative divergence on the 60min chart) for a red hanger sale tomorrow...then we buy!

 

I'm keeping my shorts then for the wave 2 drop!

 

A

A

 

She finished as a long legged Doji last nigh...could it go the other way or do you still feel sure bout that pullback to close gap first??

[K~~]

He might be

Tinky Winky,
Dipsy,
La La or
Po.....

LOL. You either have children... or a serious problem! 

[AJS]

Baltic Dry.... Currently nearing all time lows and with the uptick in economic indicators from the likes of the US and China, that secular bull market might not be too far off? Thoughts? 

Attached Files

•  Baltic_Dry_AJ.PNG   55.97KB   1 downloads

[Plasma]

For those thinking of playing the long term short there might be lots of pain in the next 5 days. 47000 is inevitable 47800 probable and 48750 possible. FInal topping in at 49120 months end - 2nd week in September. SP500 only starting on its parabolic tear away to 2020..We had ignition , now the liftoff

TellyTubby rhymes with... Chubby??

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

K

He might be

Tinky Winky,
Dipsy,
La La or
Po.....

[BBW]

Anyone else noticed this: In order to offset the interest on 1 long position, one has to keep 4 short positions at the same time, with IG. Daylight robbery I'd say!

[BBW]

Thanks K and AJS

[davidp13]

I dont know if anyone on here likes pattern recognition, but there is a very nice setup for a bearish cypher pattern even if we go up a bit more..... then for a nice drop

cool i see it...

[Ettas]

the gap close is the best thing that can happen 

but once we take out the high of yesterday you should start buying and holding

before then we might see 45500...44700 will be even better

for all intense purpose im short USDZAR and GBPZAR and not intending on closing them just yet, if that means anything to anyone

I dont know if anyone on here likes pattern recognition, but there is a very nice setup for a bearish cypher pattern even if we go up a bit more..... then for a nice drop

[davidp13]

TellyTubby rhymes with... Chubby?? 

 

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

 

K

the gap close is the best thing that can happen 

but once we take out the high of yesterday you should start buying and holding

before then we might see 45500...44700 will be even better

for all intense purpose im short USDZAR and GBPZAR and not intending on closing them just yet, if that means anything to anyone

[K~~]

Excuse the embarassing question, but when is it a BEAR trap and when a BULL trap?

Sent from my GT-N7000 using Sharenet Sharechat mobile app

Price goes down and all the Bears think this is the BIG DROP that they have been waiting for. They go heavily short in anticipation... and then price moves in the opposite direction, forcing them to cover and sending the price up FAST!

 

Opposite for Bulls..

 

K

[AJS]

Excuse the embarassing question, but when is it a BEAR trap and when a BULL trap?

Sent from my GT-N7000 using Sharenet Sharechat mobile app

 

Bear trap: Shorts get "sucked in" on a move down just to see the price rally again and them being squeezed out. The opposite applies for bull trap.

 

"From false moves come fast moves" ...

[BBW]

Excuse the embarassing question, but when is it a BEAR trap and when a BULL trap?

Sent from my GT-N7000 using Sharenet Sharechat mobile app

[K~~]

For those thinking of playing the long term short there might be lots of pain in the next 5 days. 47000 is inevitable 47800 probable and 48750 possible. FInal topping in at 49120 months end - 2nd week in September. SP500 only starting on its parabolic tear away to 2020..We had ignition , now the liftoff 

TellyTubby rhymes with... Chubby?? 

 

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

 

K

[Beorn]

Had to go and get it but at 45407 might be a steal..I hope I am A(bil) to get to my targets..

For those thinking of playing the long term short there might be lots of pain in the next 5 days. 47000 is inevitable 47800 probable and 48750 possible. FInal topping in at 49120 months end - 2nd week in September. SP500 only starting on its parabolic tear away to 2020..We had ignition , now the liftoff

Not lifting of today
Imo

[TellyTubby]

Had to go and get it but at 45407 might be a steal..I hope I am A(bil) to get to my targets..

For those thinking of playing the long term short there might be lots of pain in the next 5 days. 47000 is inevitable 47800 probable and 48750 possible. FInal topping in at 49120 months end - 2nd week in September. SP500 only starting on its parabolic tear away to 2020..We had ignition , now the liftoff 

[grantmu]

this looking more like a bear trap

[RBM]

Although well spotted, I still dont buy that A,,,,, August, Sept and Oct are normally bearish months!! Maybe a failed H&S if you ask me!!!
 
Lets wait and see!!

i agree and think the we'll test the 45000 mark again until it breaks then head back up

[HDB]

_{DOW is in the process of confirming an inverted H&S (bullish) that should push her to new highs too! (Intermediate V of Major 5 of Primary III)}

 

_{Any weakness tomorrow on TOP40 should be bought into, targets already mentioned!}

 

_A

 

 

Although well spotted, I still dont buy that A,,,,, August, Sept and Oct are normally bearish months!! Maybe a failed H&S if you ask me!!!

 

Lets wait and see!!

[bear catcher]

Yip just a nice little bear trap this afternoon before heading higher