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21st November 2017
Quote from
Nick on 21st November 2017, 8:12 am
Today's market discussion
Todays post here
Today's market discussion
Todays post here
Quote from
Nick on 21st November 2017, 10:13 am
Re budget - Looking like more Fuel Duty on diesel cars, possible change to VAT thresholds (£20k?), probably something else to screw the masses over, and a few things to bribe the youth vote.
Re budget - Looking like more Fuel Duty on diesel cars, possible change to VAT thresholds (£20k?), probably something else to screw the masses over, and a few things to bribe the youth vote.
The housebuilders could be big movers tomorrow depending on treatment of land-banking.
FTSE has supportive daily candles above 7350 and looks poised for a jump.
But its still very dull and I remain long the 250 which should really move tomorrow.
Gold yet again recoiled from 1290 area and is completely range-bound.
Been a couple of weeks since CM cashed any winners.
The housebuilders could be big movers tomorrow depending on treatment of land-banking.
FTSE has supportive daily candles above 7350 and looks poised for a jump.
But its still very dull and I remain long the 250 which should really move tomorrow.
Gold yet again recoiled from 1290 area and is completely range-bound.
Been a couple of weeks since CM cashed any winners.
Quote from
Jack 2 on 21st November 2017, 12:55 pm
Did you expect this rise, Nick? My morning garden center's breakfasts cost me a lot in terms of missing a good move. Had a little long 13042 which closed soon enough before I went out. Do obviousely regret that now.
This becomes a bit of a problem here. Everyone knows I don't work during school time and they try to drag me out for some meetings, shoppings, breakfasts. I even started telling people: I am working. What do you do? What can I say for that? It's hard to explain. Once I said I work at the markets. They imagined me standing outside at the stalls. How to tell people I am busy so that I don't offend them?
Did you expect this rise, Nick? My morning garden center's breakfasts cost me a lot in terms of missing a good move. Had a little long 13042 which closed soon enough before I went out. Do obviousely regret that now.
This becomes a bit of a problem here. Everyone knows I don't work during school time and they try to drag me out for some meetings, shoppings, breakfasts. I even started telling people: I am working. What do you do? What can I say for that? It's hard to explain. Once I said I work at the markets. They imagined me standing outside at the stalls. How to tell people I am busy so that I don't offend them?
Quote from
Nick on 21st November 2017, 1:02 pm
Did indeed Jack, just gone a bit higher than my resistance level though - same as yesterday in fact.
https://www.dropbox.com/s/2cleu0vounaqe48/Dax30.png?dl=0
Did indeed Jack, just gone a bit higher than my resistance level though - same as yesterday in fact.
https://www.dropbox.com/s/2cleu0vounaqe48/Dax30.png?dl=0
Quote from
Jack 2 on 21st November 2017, 1:37 pm
Quote from
Nick on 21st November 2017, 1:02 pm
Did indeed Jack, just gone a bit higher than my resistance level though - same as yesterday in fact.
Oh, I didn't expect that rise after reading the daily article. What the great arrows actually, I do miss them a lot! I wish I wasn't scraping out of the pockets right now I would subscribe. I do survive on very little low stakes right now £1-2 making 100 quid per week at the most which I take out immediately but by doing so I've taken out more than 100% of account since... a few months ago. But those arrows always gave me a sence of confidence. I still hope to expand my stakes but I am totally scared now after the recent falls, keeping my stake to the minimum until I get to a certain level.
Quote from
Nick on 21st November 2017, 1:02 pm
Did indeed Jack, just gone a bit higher than my resistance level though - same as yesterday in fact.
Oh, I didn't expect that rise after reading the daily article. What the great arrows actually, I do miss them a lot! I wish I wasn't scraping out of the pockets right now I would subscribe. I do survive on very little low stakes right now £1-2 making 100 quid per week at the most which I take out immediately but by doing so I've taken out more than 100% of account since... a few months ago. But those arrows always gave me a sence of confidence. I still hope to expand my stakes but I am totally scared now after the recent falls, keeping my stake to the minimum until I get to a certain level.
FTSE has gap to fill to 7425 but I dont think it will be stopping there.
71% of IG clients are short, which means its a buy.
FTSE has gap to fill to 7425 but I dont think it will be stopping there.
71% of IG clients are short, which means its a buy.
Quote from
Mcgcapital on 21st November 2017, 2:34 pm
Still looks corrective to me, probably a choppy move up to 7440 coming then new lows next week. Basically the play is to wait for dips and buy, then flip short at the pivots. Thanksgiving is why I think it will be next week before the real move begins. Looks very similar to last year where we had a sell off after thanksgiving, low in early December then rally into year end
Still looks corrective to me, probably a choppy move up to 7440 coming then new lows next week. Basically the play is to wait for dips and buy, then flip short at the pivots. Thanksgiving is why I think it will be next week before the real move begins. Looks very similar to last year where we had a sell off after thanksgiving, low in early December then rally into year end
Quote from
Jack 2 on 21st November 2017, 4:06 pm
No, shorts are not starting at all. Managed to get 10-20 points on shorts on Dax but those were short scalps. I just don't want to risk going against the flow. I really hoped 14.30 would give a more decent pull back.
I am still living thinking of my last ordeal and a lot of emotions are coming seeing 13200 again. I could have had right now -£60 but I am still down -£116 but at some point I would have exceeded 1000, it's not worth it. I need to put it behind somehow. I even tried those shorts cos I was gutted.
No, shorts are not starting at all. Managed to get 10-20 points on shorts on Dax but those were short scalps. I just don't want to risk going against the flow. I really hoped 14.30 would give a more decent pull back.
I am still living thinking of my last ordeal and a lot of emotions are coming seeing 13200 again. I could have had right now -£60 but I am still down -£116 but at some point I would have exceeded 1000, it's not worth it. I need to put it behind somehow. I even tried those shorts cos I was gutted.
