35854 replies to this topic

[grantmu]

A , their is major redistribution going all on most markets...Clever money selling and dumb money buying..

Don't think we will see any more new highs in near future..save for maybe resources forcing the issue.. Me thinks major correction is on the way already...

I would disagree, I think corrections are coming but not yet. look into the last 2 years and August has been an up month 2 years in a row, In my view corrections will happen towards the end of the year, I think we would have cracked the 47 decisively if it had not been for political stuff like Ukraine and Russia getting in the way, and i think today is just more of the same, Russia and Gaza are making the markets nervous, as we are part of BRICS we are going to see some of the fallout from the Russia sanctions. on the way down the 46 level is also very strong and I think it will take much more bad news or at the very lest news that relates to finance like the end of QE before any really sustained push down.

 

Sideways maybe, Down not yet.

 

just my view may be hugely wrong.

 

G 

[HDB]

That 47050ish futures is a tough cookie to crack, once breached she will fly!

 

See this as only the return move so still bullish for new highs!

 

A

A , their is major redistribution going all on most markets...Clever money selling and dumb money buying..

Don't think we will see any more new highs in near future..save for maybe resources forcing the issue.. Me thinks major correction is on the way already...

Edited by HDB, 30 July 2014 - 10:39 AM.

[Argento]

That 47050ish futures is a tough cookie to crack, once breached she will fly!

 

See this as only the return move so still bullish for new highs!

 

A

[grantmu]

Had SL at break-even...position closed. Testing support at 46 800. Took a long ....will close if it breaks.

I don't think it will hold

[Plasma]

Bought three dips last night during S@P decline.....closed 2....one for 119 pips and other for 0. Letting other one run ...see if i can sit tight...

Had SL at break-even...position closed. Testing support at 46 800. Took a long ....will close if it breaks.

[Plasma]

Bought three dips last night during S@P decline.....closed 2....one for 119 pips and other for 0. Letting other one run ...see if i can sit tight...

[bear catcher]

Good luck V someday if it happens you can say I told u so.

[Vertebrae]

 

Attach asb?
Definately someday?IF your uncle had **** he COULD be your aunt
T40 Futures(Daily)290714.png

 

Could be boyo. Only the chart will tell.

Even u troubled by it?

Open minds see all possibilities, and narrow then down, at least 3 times a day.

 

 

[bear catcher]

Attach asb?
Definately someday?IF your uncle had **** he COULD be your aunt
T40 Futures(Daily)290714.png

[Vertebrae]

Gimme something other than...

 

Attach asb?

 

[Vertebrae]

Hi V or rather dickhead humor is something that needs intelligence, my tongue in cheek posts when market had no clear direction and i went the wrong way took a step back and in the money both down last week and all the way up until my short sculp this pm When market started turning you went quite with your cant loose waves wise after the fact ****. Guess you gonna disappear again like your alias Sunesis

 

Gimme something other than...

[bear catcher]

Wisdom beyond
Can anyone play your guessing game?
Why are you not dead by your own bucket of dull-crap many moons already?
Are you real or just a record stuck in its mindless, wish I were here groove
Technically you are scientifically bankrupt & brain dead
You can only be a figment of someone else's imagination

Hi V or rather dickhead humor is something that needs intelligence, my tongue in cheek posts when market had no clear direction and i went the wrong way took a step back and in the money both down last week and all the way up until my short sculp this pm When market started turning you went quite with your cant loose waves wise after the fact ****. Guess you gonna disappear again like your alias Sunesis

[Vertebrae]

And yet I would wait for the lower level of 46216ish

But in my case I can justify it.

[Vertebrae]

Short 47120 bulls thank me later

 

Wisdom beyond

Can anyone play your guessing game?

Why are you not dead by your own bucket of dull-crap many moons already?

Are you real or just a record stuck in its mindless, wish I were here groove

Technically you are scientifically bankrupt & brain dead

You can only be a figment of someone else's imagination

[RusQ]

You must be family with V no straight answers or quotes just between the lines suggestive blubber and insults Really your type is really pissing me off wish you would shut up if you are in pain or best is gfy

Suit yourself!

 

edit - missed the insult though?

Edited by RusQ, 29 July 2014 - 07:21 PM.

[RusQ]

Argento i guess that is trading you keep on giving a date for the down turn and the you when we near it you give a date further on, the last time it was long till end of July and then short.Is August not normally bearish so why now only so late in August. I am just asking so dont take offence. Why is the wave guys not giving us more info as to which wave we are in now. This market is just to haywire at the moment imo.

Somewhere, you need to take your own trades (and the reasons for such) seriously?!

 

or knot...

[bear catcher]

"Of course, if a man is both wise and lucky, he will not make the same mistake twice. But
he will make any one of the ten thousand brothers or cousins of the original. The
Mistake family is so large that there is always one of them around when you want to see
what you can do in the fool-play line."

fwiw - i am not a relative of previous posters!

for further reading/education, may i recommend Dr Elder's "Trading in the Zone" ?

best now...

You must be family with V no straight answers or quotes just between the lines suggestive blubber and insults Really your type is really pissing me off wish you would shut up if you are in pain or best is gfy

[RusQ]

Argento thank you for a clear pro answer much appeciated. So I guess back to buying dips fo now Just sold my short for 125 pip profit

"Of course, if a man is both wise and lucky, he will not make the same mistake twice. But

he will make any one of the ten thousand brothers or cousins of the original. The

Mistake family is so large that there is always one of them around when you want to see

what you can do in the fool-play line."

 

fwiw - i am not a relative of previous posters!

 

for further reading/education, may i recommend Dr Elder's "Trading in the Zone" ?

 

best now...

[grantmu]

No offence taken bc!

 

If you stayed long till now you should be in the money, but because she created so much consolidation it is telling us although we should see some weakness after the 1st it will only be shallow and not the end of minor 5 of intermediate III. One can get clues on the turn around times but in the end I follow price and candle confirmation!

 

The next cycle date is around the 25th Aug so reason it could be a more significant top, not ever set in stone but I like keeping these dates in mind...!

 

That is why cycle dates is not my leading indicator!

 

A

One other thing, August is a down month historically BUT since the QE August has been an up month for the last 2 years, then a drop or correction, so we may carry this a bit further into next month and not switch to a down turn as soon as we think, still following the market turns, 150 or 200 behind, so my system is showing a slow down turn as from tomorrow, no fireworks, down a bit seems to be the order of the day, may only be a one day event. I will buy the dip and go back to BULL 

[bear catcher]

Argento thank you for a clear pro answer much appeciated. So I guess back to buying dips fo now Just sold my short for 125 pip profit