31 votes
Silfen Path Wanderer
Posted 06 June 2014 - 05:57 PM
absolute misery trading our index today..far more action bull side in US
safe weekend everyone..bye-bye
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
"Veni, vidi, vici"
Posted 06 June 2014 - 05:30 PM
absolute misery trading our index today..far more action bull side in US
safe weekend everyone..bye-bye
“melior diabolus quem scies”
"Veni, vidi, vici"
Posted 06 June 2014 - 05:14 PM
DOW..you sweet little thing 
“melior diabolus quem scies”
The Artist
Posted 06 June 2014 - 05:10 PM
This is the most boring and frustrating market I have experienced in a while...can't but feel the classic saying come to pass..."never sell a dull market"!
But this is how bullmarkets end too, when it looks so easy to just go long and make money, why did I even bother to play shorts, incredible gains we have seen up to date!
If the drop comes before futures close-out or after will have to see!
A
Very interesting graph...just look how she touched the top and bottom lines of this wedge...last touch of the uptrend line was yesterday...these things tend to break out up so looks like the shorter timeframe negative divergences are just being ignored!
On the weeklies we have no reversal candle yet and more of consolidation to only go higher!
Interesting times...euphoria buying going on...???
A
TOP40 (Wedge).jpg 182.88KB
22 downloads
"Never never never give up!"
The Oracle
Posted 06 June 2014 - 03:52 PM
This is the most boring and frustrating market I have experienced in a while...can't but feel the classic saying come to pass..."never sell a dull market"!
But this is how bullmarkets end too, when it looks so easy to just go long and make money, why did I even bother to play shorts, incredible gains we have seen up to date!
If the drop comes before futures close-out or after will have to see!
A
Agreed A...Markets wants to run but held back big time!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Artist
Posted 06 June 2014 - 03:39 PM
who is long and whose short?
Im on side line waiting for dow to show its hand!!
and something tells me as in past 10 days pound will make a turnaround and go back to highs of R18.00
This is the most boring and frustrating market I have experienced in a while...can't but feel the classic saying come to pass..."never sell a dull market"! 
But this is how bullmarkets end too, when it looks so easy to just go long and make money, why did I even bother to play shorts, incredible gains we have seen up to date!
If the drop comes before futures close-out or after will have to see!
A
"Never never never give up!"
The Oracle
Posted 06 June 2014 - 03:22 PM
who is long and whose short?
Im on side line waiting for dow to show its hand!!
and something tells me as in past 10 days pound will make a turnaround and go back to highs of R18.00
Edited by HDB, 06 June 2014 - 03:24 PM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 06 June 2014 - 03:01 PM
That's the most pathetic rule I have ever come across!!!
Admin please give us a valid reason for that rule , if not delete it from the rules!!
Rather a link, then copying and pasting a whole 5 page story!!
Have to agree. Some of us are traders and some are traders in training. We don't have time to write essays. Technology are there to be used.
The Oracle
Posted 06 June 2014 - 02:54 PM
Ok the market makers has taken some of the longs out, now its gonna take out the shorts.
not before another 50 to 100 p drop
Entry for longs is very impt!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Oracle
Posted 06 June 2014 - 02:53 PM
It is against the terms of use and policy of this site to post links. And it would be much easier to just comment on the question asked.
That's the most pathetic rule I have ever come across!!!
Admin please give us a valid reason for that rule , if not delete it from the rules!!
Rather a link, then copying and pasting a whole 5 page story!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 06 June 2014 - 02:50 PM
Ok the market makers has taken some of the longs out, now its gonna take out the shorts.
Sage
Posted 06 June 2014 - 02:42 PM
It is against the terms of use and policy of this site to post links. And it would be much easier to just comment on the question asked.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Advanced Member
Posted 06 June 2014 - 02:08 PM
Thanks Delta
"Veni, vidi, vici"
Advanced Member
Posted 06 June 2014 - 01:59 PM
What time will the US May Payroll report come out.
Sage
Posted 06 June 2014 - 01:15 PM
looks like the pivot is going to give way
The Artist
Posted 06 June 2014 - 12:32 PM
Over 1000 point drop next week, What do u see as the catalyst for this drop?
Futures close-out roll overs and US is very stretched!
A
TOP40 Negative divergence.jpg 185.86KB
12 downloads
"Never never never give up!"
Advanced Member
Posted 06 June 2014 - 12:24 PM
Still see a quick drop to 43700ish TOP40F next week, then throwing the kitchensink in long for the last bull run into July!
A
Over 1000 point drop next week, What do u see as the catalyst for this drop?
The Artist
Posted 06 June 2014 - 12:20 PM
Looks like this uptrend line is the one to break for the bears to start the party!Next week..??
A
Still see a quick drop to 43700ish TOP40F next week, then throwing the kitchensink in long for the last bull run into July!
A
"Never never never give up!"
Advanced Member
Posted 06 June 2014 - 11:51 AM
Shaun Murison from IG recons we will move in a narrow band until US Jobs reports. Price is testing resistance at 45050
Still pro long, with channel resistance 45700
