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10th November 2017
Quote from anstel on 10th November 2017, 3:12 pmLooking at the closed Dow on the 15 min it's just above the 50 sma.....if it sells off on open Ftse and Dax won't like it and cables rise is putting pressure on Ftse just now.
Looking at the closed Dow on the 15 min it's just above the 50 sma.....if it sells off on open Ftse and Dax won't like it and cables rise is putting pressure on Ftse just now.
Quote from Jack 2 on 10th November 2017, 3:20 pmQuote from anstel on 10th November 2017, 3:01 pmQuote from Jack 2 on 10th November 2017, 2:51 pmQuote from anstel on 10th November 2017, 2:46 pmI mean look at this it's being held at 43 so everyone who is long craps themselves and closes....next week probably be back above 7500.....
FTSE feels really gloomy, I just want to get out of my long.
Think in terms of probabilitys Jack......we are 100 pts down from where it's been comfortable recently....all the professional traders are taught to buy weakness..I believe.....so sooner or later I would of thought the demand will increase with a view to next weak.......its emotional pain that causes a lot of drawdowns....
I understand all that, just calculated there is a 367 points gap between the top and where we are now on Dax. They may as well hunt for it, a lot of room for profit. I am not rushing to close, I reduced to a minimum I may as well work around it.
Quote from anstel on 10th November 2017, 3:01 pmQuote from Jack 2 on 10th November 2017, 2:51 pmQuote from anstel on 10th November 2017, 2:46 pmI mean look at this it's being held at 43 so everyone who is long craps themselves and closes....next week probably be back above 7500.....
FTSE feels really gloomy, I just want to get out of my long.
Think in terms of probabilitys Jack......we are 100 pts down from where it's been comfortable recently....all the professional traders are taught to buy weakness..I believe.....so sooner or later I would of thought the demand will increase with a view to next weak.......its emotional pain that causes a lot of drawdowns....
I understand all that, just calculated there is a 367 points gap between the top and where we are now on Dax. They may as well hunt for it, a lot of room for profit. I am not rushing to close, I reduced to a minimum I may as well work around it.
Quote from Robi on 10th November 2017, 3:39 pmGood afternoon All
Anstel: Yes fresh underwear.
Closed everything down for weekend.
Start afresh next week.
wow look at FTSE
Good afternoon All
Anstel: Yes fresh underwear.
Closed everything down for weekend.
Start afresh next week.
wow look at FTSE
Quote from Mcgcapital on 10th November 2017, 4:12 pmQuote from anstel on 10th November 2017, 2:12 pmWhat's happened to Mcg.......are you about buddy?
Been busy last few days.. closed shorts at 7440. It's oversold on the hourly, looking for the usual Friday night vol short squeeze after the close. But trend is firmly down now so not expecting it to get too far
Quote from anstel on 10th November 2017, 2:12 pmWhat's happened to Mcg.......are you about buddy?
Been busy last few days.. closed shorts at 7440. It's oversold on the hourly, looking for the usual Friday night vol short squeeze after the close. But trend is firmly down now so not expecting it to get too far
Quote from Candlemaster on 10th November 2017, 4:23 pmThats me back from the golf course was a bit nippy.
Short FTSE under 7440 1/3 capital hope to get down to 7400 and dont mind holding over weekend.
so short 7439 and will add under 7400 next week.
I hope that helps!
Thats me back from the golf course was a bit nippy.
Short FTSE under 7440 1/3 capital hope to get down to 7400 and dont mind holding over weekend.
so short 7439 and will add under 7400 next week.
I hope that helps!
Quote from Candlemaster on 10th November 2017, 4:29 pmno prayers Jack...save those for when I knock at the door...........
no prayers Jack...save those for when I knock at the door...........
Quote from Candlemaster on 10th November 2017, 4:31 pm@ Robi
Tell me your next entry and exit plan when you next move
I note you are ready to buy when I am anxious to sell......
Have we really come this far not to test 7400 ?
@ Robi
Tell me your next entry and exit plan when you next move
I note you are ready to buy when I am anxious to sell......
Have we really come this far not to test 7400 ?
Quote from anstel on 10th November 2017, 4:34 pmIt does look awful on the daily Ftse chart........its firmly bearish below the 200 sma.......whether or not it can produce another reversal like early November remains to be seen...
It does look awful on the daily Ftse chart........its firmly bearish below the 200 sma.......whether or not it can produce another reversal like early November remains to be seen...
Quote from Mcgcapital on 10th November 2017, 4:39 pmQuote from Candlemaster on 10th November 2017, 4:23 pmThats me back from the golf course was a bit nippy.
Short FTSE under 7440 1/3 capital hope to get down to 7400 and dont mind holding over weekend.
so short 7439 and will add under 7400 next week.
I hope that helps!
Counter trend rally coming.. resell at the US close I think. Shorts tend not to do very well in this market once we get oversold on the hourly. Thinking we close the week around 7450-60, and more down on Monday
Quote from Candlemaster on 10th November 2017, 4:23 pmThats me back from the golf course was a bit nippy.
Short FTSE under 7440 1/3 capital hope to get down to 7400 and dont mind holding over weekend.
so short 7439 and will add under 7400 next week.
I hope that helps!
Counter trend rally coming.. resell at the US close I think. Shorts tend not to do very well in this market once we get oversold on the hourly. Thinking we close the week around 7450-60, and more down on Monday
Quote from Candlemaster on 10th November 2017, 4:44 pmwe just keep printing lower.
we just keep printing lower.
Quote from Candlemaster on 10th November 2017, 5:07 pmAll my rope is otherwise engaged dear boy...
7440 is massive resistance and I do fancy a trip down to 7400 today even if market close sees a few bears closing positions I think some nervous fund managers will always be trying to offload some stock.
Hoping for some good action post 4-30 to provide a decent buffer for Monday.
All my rope is otherwise engaged dear boy...
7440 is massive resistance and I do fancy a trip down to 7400 today even if market close sees a few bears closing positions I think some nervous fund managers will always be trying to offload some stock.
Hoping for some good action post 4-30 to provide a decent buffer for Monday.
Quote from anstel on 10th November 2017, 5:26 pmQuote from Candlemaster on 10th November 2017, 5:07 pmAll my rope is otherwise engaged dear boy...
7440 is massive resistance and I do fancy a trip down to 7400 today even if market close sees a few bears closing positions I think some nervous fund managers will always be trying to offload some stock.
Hoping for some good action post 4-30 to provide a decent buffer for Monday.
Do you have a stop on this short CM?
Quote from Candlemaster on 10th November 2017, 5:07 pmAll my rope is otherwise engaged dear boy...
7440 is massive resistance and I do fancy a trip down to 7400 today even if market close sees a few bears closing positions I think some nervous fund managers will always be trying to offload some stock.
Hoping for some good action post 4-30 to provide a decent buffer for Monday.
Do you have a stop on this short CM?
Quote from Mcgcapital on 10th November 2017, 5:29 pm7580-7540-7591-7480-7540-7500-7540-7460-7500-7420-7460?
Orderly decline.. backtest of yesterday's low at 50-60 to burn off oversold then go again next week
7580-7540-7591-7480-7540-7500-7540-7460-7500-7420-7460?
Orderly decline.. backtest of yesterday's low at 50-60 to burn off oversold then go again next week
Quote from Mcgcapital on 10th November 2017, 7:16 pmQuote from Mcgcapital on 10th November 2017, 5:29 pm7580-7540-7591-7480-7540-7500-7540-7460-7500-7420-7460?
Orderly decline.. backtest of yesterday's low at 50-60 to burn off oversold then go again next week
Out of longs for 8 points.. no bid and Dow could sell off here. Good weekend all
Quote from Mcgcapital on 10th November 2017, 5:29 pm7580-7540-7591-7480-7540-7500-7540-7460-7500-7420-7460?
Orderly decline.. backtest of yesterday's low at 50-60 to burn off oversold then go again next week
Out of longs for 8 points.. no bid and Dow could sell off here. Good weekend all