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11th December 2017
Quote from
Nick on 11th December 2017, 8:02 am
Todays market discussion
Todays post here
Todays market discussion
Todays post here
Quote from
Mcgcapital on 11th December 2017, 9:58 am
FTSE ramping on its own this morning. 7440 pivot worth a sell given we're now pretty overbought on the hourly. Downtrend broken though so any goes at closing the gap down towards 7390-7400 are a buy. Surprised at this move given that US markets looked to have topped last week.. not really feeling a straight line grind up yet so think it's still the right play to look to sell resistance and buy support rather than just go long
FTSE ramping on its own this morning. 7440 pivot worth a sell given we're now pretty overbought on the hourly. Downtrend broken though so any goes at closing the gap down towards 7390-7400 are a buy. Surprised at this move given that US markets looked to have topped last week.. not really feeling a straight line grind up yet so think it's still the right play to look to sell resistance and buy support rather than just go long
Quote from
anstel on 11th December 2017, 10:27 am
Sold at 43....
Sold at 43....
Quote from
anstel on 11th December 2017, 10:32 am
Lol
Lol
Quote from
Nick on 11th December 2017, 10:35 am
Nice anstel, short here too!
Nice anstel, short here too!
Quote from
anstel on 11th December 2017, 10:39 am
I think the key to this game is to keep the size down...
I think the key to this game is to keep the size down...
Quote from
anstel on 11th December 2017, 10:40 am
Quote from
Nick on 11th December 2017, 10:35 am
Nice anstel, short here too!
I'm not 100% convinced Nick to be honest but having a go....
Quote from
Nick on 11th December 2017, 10:35 am
Nice anstel, short here too!
I'm not 100% convinced Nick to be honest but having a go....
CM is long FTSE from Friday stop 7410. Long gold in pounds from 933 i itial target 950. Both are proxies for pound weakness expect visit to 1.33 sooner rather than later.
Obviously FTSE at major resistance but CM always hopes for the break.
CM is long FTSE from Friday stop 7410. Long gold in pounds from 933 i itial target 950. Both are proxies for pound weakness expect visit to 1.33 sooner rather than later.
Obviously FTSE at major resistance but CM always hopes for the break.
Quote from
Mcgcapital on 11th December 2017, 11:29 am
Could do with a Sterling rally here. It's clear that lots of fund managers were underweight UK equities and now they're rebalancing after the Brexit deal. Feels like there's a permanent bid under it since Friday. Sterling should be supported now, they have a habit of selling it off after these news events (like BoE day last month) and then it resumes its uptrend given MAs are all positive. Can see it at $1.40+ next year. Still think there will be some kind of give back today before more ramp
Could do with a Sterling rally here. It's clear that lots of fund managers were underweight UK equities and now they're rebalancing after the Brexit deal. Feels like there's a permanent bid under it since Friday. Sterling should be supported now, they have a habit of selling it off after these news events (like BoE day last month) and then it resumes its uptrend given MAs are all positive. Can see it at $1.40+ next year. Still think there will be some kind of give back today before more ramp
Quote from
anstel on 11th December 2017, 12:59 pm
Out for 11pts at 32.3
Out for 11pts at 32.3
Quote from
anstel on 11th December 2017, 1:01 pm
Grrrrrrr to early...
Grrrrrrr to early...
Quote from
Mcgcapital on 11th December 2017, 1:17 pm
Out of a third at 7428.. looking for 7410 on the rest
Out of a third at 7428.. looking for 7410 on the rest
Quote from
Jack 2 on 11th December 2017, 2:48 pm
Dax long doesn't settle in, does it? I tried one from 13155 2 hours ago but so far exited with b/e.
Dax long doesn't settle in, does it? I tried one from 13155 2 hours ago but so far exited with b/e.
Quote from
Mcgcapital on 11th December 2017, 3:46 pm
Outperformance is peeing me off now
Outperformance is peeing me off now
Quote from
Mcgcapital on 11th December 2017, 4:15 pm
7500 here we come.
Lol.. just got a feeling it will fake us all out. I'm out at b/e.. but they will probably dump this down towards 7400 from somewhere
7500 here we come.
Lol.. just got a feeling it will fake us all out. I'm out at b/e.. but they will probably dump this down towards 7400 from somewhere
Quote from
Jack 2 on 11th December 2017, 4:22 pm
Dax must have trapped even more longers just now. Gladly I wasn't participating.
Dax must have trapped even more longers just now. Gladly I wasn't participating.
Quote from
Nick on 11th December 2017, 5:34 pm
Just bought some litecoins. This time next year Rodney.......... 🙂
Just bought some litecoins. This time next year Rodney.......... 🙂
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Looks like a one way ticket to 7500.....
Quote from
Mcgcapital on 11th December 2017, 8:13 pm
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Quote from
anstel on 11th December 2017, 8:31 pm
Quote from
Mcgcapital on 11th December 2017, 8:13 pm
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Having said yet though...you just never know with this lot.....everyone's probably expecting the rally.....but it's not a foregone conclusion....anything can happen....
Quote from
Mcgcapital on 11th December 2017, 8:13 pm
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Having said yet though...you just never know with this lot.....everyone's probably expecting the rally.....but it's not a foregone conclusion....anything can happen....
Quote from
anstel on 11th December 2017, 8:39 pm
Quote from
anstel on 11th December 2017, 8:31 pm
Quote from
Mcgcapital on 11th December 2017, 8:13 pm
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Having said yet though...you just never know with this lot.....everyone's probably expecting the rally.....but it's not a foregone conclusion....anything can happen....
Quote from
anstel on 11th December 2017, 8:31 pm
Quote from
Mcgcapital on 11th December 2017, 8:13 pm
Quote from
anstel on 11th December 2017, 6:57 pm
Looks like a one way ticket to 7500.....
Yeah.. 7550 by year end probably. I'm going to stop trying to short it now unless it sets up a decent one at 7540 pivot area. Not sure I'll buy though for the sake of 80 points, might take a couple of weeks off
Having said yet though...you just never know with this lot.....everyone's probably expecting the rally.....but it's not a foregone conclusion....anything can happen....
