7 votes
The Wizard
Posted 03 December 2015 - 04:36 PM
well well ...looks like Cappin ZZ gonna be right afterall..we will hit 45400 at least. IMO..lessee...if we rally I shall look to be short for sure....one final push....maybe more....lessee
of course the propensity for an alsi spike is rising...so easy money tough now..but the dow should make thee money easier IMO...IMO the dow will end negative tonight.....100%..IMO
Edited by ZoomZ, 03 December 2015 - 04:40 PM.
Little Master
Posted 03 December 2015 - 03:59 PM
Going long tp40 45455
The Wizard
Posted 03 December 2015 - 03:40 PM
and on cue dow falls...problem is gold rising...= weak USD...= dow UP.
maybe today is Fearday...Dow down...gold up. Yar
The Wizard
Posted 03 December 2015 - 03:32 PM
ha...Mr FF...sheesh....the confidence....thanks....I am wrong sometimes though...have you noticed? not often...we it may target 45560...500....but not 400....or 44800..
-----yeah so like this 45400 is not yet playing out....I popped out ..left some orders for 45400 odd...nothing doing...alsi holding 660...means 830 right...then 46000..right
--------so think we may have bottomed for today?...I cant be sure....this market is weak...but badly beaten...
The Dow is now the problem for longs....if the Dow does what it should do, it should fall...taking us down further...I do not think we are finished falling. IMO.
gold giving us a bid....gold should see 987....then the gold bears will shout the loudest...just in time for gold to go to 2300...then 4700...silver 35 dollars...then 85. Yar. Dreams
Edited by ZoomZ, 03 December 2015 - 03:35 PM.
Member
Posted 03 December 2015 - 01:26 PM
captain
pls keep it up
I enjoy your banter and follow your calls
The Wizard
Posted 03 December 2015 - 12:44 PM
out of longs...111 points....i saw symmetric orders buy side..level 2...I think we are going to 45400 now...lessee. oiut of all pozzis.all.
The Wizard
Posted 03 December 2015 - 12:11 PM
Huh Mr BC....I dunno what you mean....I was short overnight...but I thought the crazy spike into close would get us to 46474...(gap left there i minute)....but hey super...
---now my longer term forecast for this retracement is here....covered 45587 today....now....I thing we are going lower..44800......because DOW is completely ridiculous and most obvious what they are doing with the futures....but hey a small swing bounce here is definitely on....we are at a major fib support...so small longs now in..tight stops. 1st target 46000....maybe...not today.
lessee
Sage
Posted 03 December 2015 - 11:40 AM
Z so looks to me you left with the bull no more free grazing bear is back46476...46517...SETI
IG CASH
Sage
Posted 03 December 2015 - 11:39 AM
Z so looks to me you left with the bull no more free grazing bear is back46476...46517...SETI
IG CASH
The Wizard
Posted 02 December 2015 - 04:43 PM
46476...46517...SETI
Edited by ZoomZ, 02 December 2015 - 04:44 PM.
The Wizard
Posted 02 December 2015 - 01:19 PM
out all pozzis....waiting
Member
Posted 02 December 2015 - 01:05 PM
haha
just means long
closed and trigger to buy again at 200
The Wizard
Posted 02 December 2015 - 01:03 PM
A year ago I said the world was at war...a major war....(this war will fail to be major for interesting reasons)..but at facce value it is a major war..it is actually about world reserve currency...the US Dollar....the platitudinal geniuses here stated the obvious - cos that's what TV education does to them - ..."oh so what"..."somewehere there is always a war on earth".....
But this is what happens when currencies collappse...and when the issuing country stands to lose its statuts..they kick and scream and well fight.....
Yar...so wars...Yar not like this one...the last time we had one like this was ...well check your history....
The US dollar is summarily being kicked in the b.a.l.l.s...and out onto the street...the 'Fake impostor' that it is...man, even Rome was less corrupt than the current USDollar...the recent 3 years USD spike IMO is a temporary reprieve for smart money to get out of the dollar and into 'alternates'....most of you wont understand this. Take advantage of it...and hold on tight.....hope for the very best..imagine it.
ZZ longs...closed on failure of 300...alsi should still spike back there....so took another 3 longs 189...lessee
Edited by ZoomZ, 02 December 2015 - 01:08 PM.
The Wizard
Posted 02 December 2015 - 11:45 AM
Cappin ZZ has s small long..3 contracts 177....target 330....doubt it but there we have it.
The Wizard
Posted 02 December 2015 - 11:31 AM
good grief Mr FF....you long waiting for sens in a few DAYS..what the heck does that mean?
what about now ..right now...chommi...no time like the present...what's going on now ....okey dokey.
Member
Posted 02 December 2015 - 11:26 AM
thx captain
I am nervous long at 200 awaiting an MTN sens in next few days
The Wizard
Posted 02 December 2015 - 11:18 AM
Mr FF...well you gotta close shorts at or near previous low.....only swing long if u have the balls...but I trade like this..
hit the market hard (many contracts ) when one is ..ahem..'sure' market/instrument is about to fall/rise.....'hard' also depends on whether its a 1. trend trade...2. a scalp...or 3. a counter trend scalp.....then reduce pozzis as market.instrument moves to target...on a trend trade...add pozzis on pullbacks to support.....or uptick to resistance...normally this is a major EMA, a channel line...for scalp or counter trend trade...reduce pozzis in small targets hit.....this locks in profit....let other pozzis ride for more targets...or close to swing....adapt same methodology always....
so I hit short hard...close 200 points...50% - 60%....close another 25% or 33%...at next target...when 400 broke 330 was obvious...when that broke theen previous low was obvious..right...so if we break pivot..add.....when we approach major points like prveious lows highs...look to reduce...if we break said level..add hard again...watch out for longer term pivots (weeklies) ..next fib level...etc.
I covered all 46221...(switzerland says take a small long)...but remember we are below pivot so this is counter trend scalp... I am out for now not convinced...I called this drop and we arre dropping hard....
also alsi is now breaking 155 emas on daily...big selling may arrive....45300 first target...44800 possibility. review there.
and all the above depends upon the wonderful thing called propensity...if propensity is low for any move stay out always.....wait for propensity...it will always pays beccause when it does arrrive ....rule 1...hit market/instrument' hard.
all this above may be obvious...but it works splendidly. fenks for watching.....
The Wizard
Posted 02 December 2015 - 09:52 AM
brilliant ....46400...46421....brilliant.
The Wizard
Posted 02 December 2015 - 08:53 AM
somebody wants the market at 46400.....whether to cover shorts or get long...but symetric orders on buy side...level 2...down 200 points from here...there it is. this means we have too pierce pivot...amazing but there it is...lessee.
alsi at 46619 now.lessee
Edited by ZoomZ, 02 December 2015 - 08:55 AM.
