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28th November 2017
Quote from
Nick on 28th November 2017, 9:10 am
Today's market discussion
Today's market discussion
CM exited long stage left at BE and no charts inspire. Gold just cant move beyond 1295 on a closing basis and is just as stuck as FTSE. Might just stay in cash for a few days.
Shudda bought bitcoin.
CM exited long stage left at BE and no charts inspire. Gold just cant move beyond 1295 on a closing basis and is just as stuck as FTSE. Might just stay in cash for a few days.
Shudda bought bitcoin.
Quote from
Mcgcapital on 28th November 2017, 10:56 am
Probably setting up for another intraday reversal. US markets appear to have died, seen more movement in a corpse than the S&P 500. Feels like it wants to go down but when it does some people keep trying to jump the gun on the year end rally. Seasonality is usually weak late Nov/early December with the real low liquidity rally starting mid December
Probably setting up for another intraday reversal. US markets appear to have died, seen more movement in a corpse than the S&P 500. Feels like it wants to go down but when it does some people keep trying to jump the gun on the year end rally. Seasonality is usually weak late Nov/early December with the real low liquidity rally starting mid December
SP500 could well be on the cusp of next leg-up. I will probably go long FTSE before US opens and hope for an early push.
SP500 could well be on the cusp of next leg-up. I will probably go long FTSE before US opens and hope for an early push.
Quote from
Jack 2 on 28th November 2017, 12:48 pm
Dax is in his own world as usual. Not one way or another.
Dax is in his own world as usual. Not one way or another.
Quote from
Mcgcapital on 28th November 2017, 12:54 pm
Sold some here at 7430. Exit on a break of 7440 pivot
Sold some here at 7430. Exit on a break of 7440 pivot
Quote from
Jack 2 on 28th November 2017, 2:29 pm
Quote from
Mcgcapital on 28th November 2017, 12:54 pm
Sold some here at 7430. Exit on a break of 7440 pivot
Pivot is 7402. But as I understand you expect it to rise?
Quote from
Mcgcapital on 28th November 2017, 12:54 pm
Sold some here at 7430. Exit on a break of 7440 pivot
Pivot is 7402. But as I understand you expect it to rise?
Quote from
Mcgcapital on 28th November 2017, 2:45 pm
Quote from
Jack 2 on 28th November 2017, 2:29 pm
Quote from
Mcgcapital on 28th November 2017, 12:54 pm
Sold some here at 7430. Exit on a break of 7440 pivot
Pivot is 7402. But as I understand you expect it to rise?
That's the daily pivot you're referring to. When I say pivot I mean inflection point like 7300, 7380, 7440, 7540. As the market quite often turns at these levels. I'm expecting it to hold the trading range which would mean that the top of this move would be around here (so selling). If we clear 7440s then I'm probably wrong so that's where I'd exit shorts
Quote from
Jack 2 on 28th November 2017, 2:29 pm
Quote from
Mcgcapital on 28th November 2017, 12:54 pm
Sold some here at 7430. Exit on a break of 7440 pivot
Pivot is 7402. But as I understand you expect it to rise?
That's the daily pivot you're referring to. When I say pivot I mean inflection point like 7300, 7380, 7440, 7540. As the market quite often turns at these levels. I'm expecting it to hold the trading range which would mean that the top of this move would be around here (so selling). If we clear 7440s then I'm probably wrong so that's where I'd exit shorts
Quote from
Jack 2 on 28th November 2017, 3:05 pm
I got you, Mcg. Currently long Dax, it needs to catch up. So fingers crossed.
I got you, Mcg. Currently long Dax, it needs to catch up. So fingers crossed.
Quote from
Mcgcapital on 28th November 2017, 3:12 pm
Quote from
Jack 2 on 28th November 2017, 3:05 pm
I got you, Mcg. Currently long Dax, it needs to catch up. So fingers crossed.
I'm out of shorts for -15. Looks too strong for my liking (aka bullish). Hard one as I wouldn't fancy chasing it up when we're already up 65 points on the day, but best for me to sit out now
Quote from
Jack 2 on 28th November 2017, 3:05 pm
I got you, Mcg. Currently long Dax, it needs to catch up. So fingers crossed.
I'm out of shorts for -15. Looks too strong for my liking (aka bullish). Hard one as I wouldn't fancy chasing it up when we're already up 65 points on the day, but best for me to sit out now
Quote from
anstel on 28th November 2017, 3:31 pm
Question is? Is it going to turn at 50.... I don't think so,maybe 10 pullback then continue....
Question is? Is it going to turn at 50.... I don't think so,maybe 10 pullback then continue....
Quote from
anstel on 28th November 2017, 3:32 pm
Been on this since 3.30 am ......when it looked awful...
Been on this since 3.30 am ......when it looked awful...
Quote from
Mcgcapital on 28th November 2017, 3:44 pm
Quote from
anstel on 28th November 2017, 3:32 pm
Been on this since 3.30 am ......when it looked awful...
Where you long from Anstel? It could pullback rest of this afternoon now but not sure on medium term move now after today
Quote from
anstel on 28th November 2017, 3:32 pm
Been on this since 3.30 am ......when it looked awful...
Where you long from Anstel? It could pullback rest of this afternoon now but not sure on medium term move now after today
Quote from
anstel on 28th November 2017, 3:54 pm
Lowest at 7390
Lowest at 7390
Quote from
anstel on 28th November 2017, 3:55 pm
Goin to run it for the week.
Goin to run it for the week.
Quote from
Mcgcapital on 28th November 2017, 3:55 pm
I'm back in short at 7445 stop 55 now but not looking for anything more than a pullback into the close
I'm back in short at 7445 stop 55 now but not looking for anything more than a pullback into the close
Quote from
anstel on 28th November 2017, 3:57 pm
I took some off just before open and replaced it ....I wasn't 100% sure at 7.59am
I took some off just before open and replaced it ....I wasn't 100% sure at 7.59am
Quote from
Jack 2 on 28th November 2017, 4:08 pm
I wonder if my long will survive.
I wish Daxee would speed up. Please speed up.
Closed it now 16.13 for 32 points 13028-13060, it was a good run for what the range of Dax was considering my late entry. And 16.30 approaching, don't want to pay finance.
I wonder if my long will survive.
I wish Daxee would speed up. Please speed up.
Closed it now 16.13 for 32 points 13028-13060, it was a good run for what the range of Dax was considering my late entry. And 16.30 approaching, don't want to pay finance.
Quote from
anstel on 28th November 2017, 4:52 pm
Possible short at 7474 tight stop if so inclined.
Possible short at 7474 tight stop if so inclined.
Quote from
anstel on 28th November 2017, 4:52 pm
4 hr 200
4 hr 200
Pretty much closed the gap to 7475 and CM not feeling brave so taking half a percent from my lunchtime long and see how goes tomorrow. That level is major resistance so I will even consider a short tomorrow, if todays high is not taken out.
That said, if it holds over 7475 it becomes a long again, the US markets look poised for a run so the DOW should easily attain 24000 by early December and SP500 2650.
Gold might be worth a small short.
Pretty much closed the gap to 7475 and CM not feeling brave so taking half a percent from my lunchtime long and see how goes tomorrow. That level is major resistance so I will even consider a short tomorrow, if todays high is not taken out.
That said, if it holds over 7475 it becomes a long again, the US markets look poised for a run so the DOW should easily attain 24000 by early December and SP500 2650.
Gold might be worth a small short.
Quote from
anstel on 28th November 2017, 6:54 pm
Short cable 1.3315
Short cable 1.3315
