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5th February 2018
Quote from
Nick on 5th February 2018, 9:24 am
Todays discussion. Watching 7365 and 7345 for support. Correction, pullback or sell off?!
Todays post here
Todays discussion. Watching 7365 and 7345 for support. Correction, pullback or sell off?!
Todays post here
Quote from
Cowboy on 5th February 2018, 11:49 am
Morning guys/gals. Well Friday was a bit of a shocker. 2% move! The pendulum is swinging back. My IG chart is showing the 50 day sma at 2742, which seems to differ from other figures I've seen in the press, of 2715. Any thoughts on what's along the difference?
Now that the futures have retraced most of the drop from the futures open last night, I'm trying a short as I think the US might knock it back again.
Morning guys/gals. Well Friday was a bit of a shocker. 2% move! The pendulum is swinging back. My IG chart is showing the 50 day sma at 2742, which seems to differ from other figures I've seen in the press, of 2715. Any thoughts on what's along the difference?
Now that the futures have retraced most of the drop from the futures open last night, I'm trying a short as I think the US might knock it back again.
Quote from
Nick on 5th February 2018, 12:54 pm
7345 got a reaction!
7345 got a reaction!
Quote from
Mcgcapital on 5th February 2018, 12:56 pm
I’m short from 7385.. no point looking for longs now until the down channel breaks on the 4 hourly which so far there is little sign of it happening. 7300 area obvious support but not sure it holds.. have to watch out for a flash crash when it’s acting like this. Wait for a hammer and down channel break before going long.
cowboy - might be because the IG charts are 24 hour and have an extra bar for Sunday’s 11pm-12am price action so it’s not accurate. Don’t know why they do it. The 50 day is definitely as reported as that’s based on cash hours
I’m short from 7385.. no point looking for longs now until the down channel breaks on the 4 hourly which so far there is little sign of it happening. 7300 area obvious support but not sure it holds.. have to watch out for a flash crash when it’s acting like this. Wait for a hammer and down channel break before going long.
cowboy - might be because the IG charts are 24 hour and have an extra bar for Sunday’s 11pm-12am price action so it’s not accurate. Don’t know why they do it. The 50 day is definitely as reported as that’s based on cash hours
Quote from
Mcgcapital on 5th February 2018, 4:10 pm
Out of shorts at 7350.. small long on as think we’re breaking up. Stop at 7330 for the set up to remain valid
Out of shorts at 7350.. small long on as think we’re breaking up. Stop at 7330 for the set up to remain valid
Quote from
Mcgcapital on 5th February 2018, 4:34 pm
Out already for +10.. don’t like it
Out already for +10.. don’t like it
Quote from
Jack 2 on 5th February 2018, 10:31 pm
Icarus, it looks like the day that you’ve been waiting for all this time, has finally come... if you were still holding your short position.
Icarus, it looks like the day that you’ve been waiting for all this time, has finally come... if you were still holding your short position.
Quote from
anstel on 5th February 2018, 11:17 pm
Quote from
Jack 2 on 5th February 2018, 10:31 pm
Icarus, it looks like the day that you’ve been waiting for all this time, has finally come... if you were still holding your long position.
I think he was short Jack from 21600 ish I think.......I think he's probably folded never to return to the wealth redistribution system......you can't fight off this kind of manipulation holding a short position,paying finance and dividends and trying to pay for it by hedging.....believe me I've tried it.......better off just closing the trade...well the bankers will be smoking big Cubans in the drawing room tonight and then probably buying some treasury bonds from the UK goverment and then the taxpayers can pay the interest on the loan lol....Well we got to keep everyone on the hamster wheel so no one knows what's really goin on.
Quote from
Jack 2 on 5th February 2018, 10:31 pm
Icarus, it looks like the day that you’ve been waiting for all this time, has finally come... if you were still holding your long position.
I think he was short Jack from 21600 ish I think.......I think he's probably folded never to return to the wealth redistribution system......you can't fight off this kind of manipulation holding a short position,paying finance and dividends and trying to pay for it by hedging.....believe me I've tried it.......better off just closing the trade...well the bankers will be smoking big Cubans in the drawing room tonight and then probably buying some treasury bonds from the UK goverment and then the taxpayers can pay the interest on the loan lol....Well we got to keep everyone on the hamster wheel so no one knows what's really goin on.
Quote from
TCGtrading on 6th February 2018, 12:07 am
For the bears, we call that an old fashioned TAW. Tank and w**k!
For the bears, we call that an old fashioned TAW. Tank and w**k!
Quote from
Mcgcapital on 6th February 2018, 12:24 am
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
Quote from
TCGtrading on 6th February 2018, 12:54 am
Gap close on the table over night
Gap close on the table over night
Quote from
anstel on 6th February 2018, 1:06 am
Quote from
Mcgcapital on 6th February 2018, 12:24 am
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
Not yet Mcg it could drop at Asia open ive just taken 50pts short from 7105...looking to get long from 6995 area in a bit if it doesn't get that low so what good luck....
Quote from
Mcgcapital on 6th February 2018, 12:24 am
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
Not yet Mcg it could drop at Asia open ive just taken 50pts short from 7105...looking to get long from 6995 area in a bit if it doesn't get that low so what good luck....
Quote from
anstel on 6th February 2018, 1:17 am
There were two Bulls....father and son ...on a hillside above a field full off cows....the young bull said to his dad.."hey dad lets run down the hill and sort one of those cows out :0) the old bull stood there for a bit looking at his son and said......no....let's walk down the hillside and sort them all out :0)
There were two Bulls....father and son ...on a hillside above a field full off cows....the young bull said to his dad.."hey dad lets run down the hill and sort one of those cows out :0) the old bull stood there for a bit looking at his son and said......no....let's walk down the hillside and sort them all out :0)
Quote from
Mcgcapital on 6th February 2018, 1:21 am
Quote from
anstel on 6th February 2018, 1:06 am
Quote from
Mcgcapital on 6th February 2018, 12:24 am
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
Not yet Mcg it could drop at Asia open ive just taken 50pts short from 7105...looking to get long from 6995 area in a bit if it doesn't get that low so what good luck....
I’d say it’s done everything it needs to to potentially bottom now. Daily RSI down at 14.. capitulation selling, potentially a fake out but crucially not yet a break through a key support level at 7100, 250 point gap down. Everything is set up to rally.. it’s not going to be straight forward but wouldn’t want to be caught shorting here. Plus the 10 year bond yield has dropped back to 2.7% from 2.85% which is the reason the selling started in the first place.
Absolutely crucial it holds above 7000 though, got no clue where it goes below there. Would end up being akin to the 1987 market crash.. so would have no choice but to sit out and let the dust settle at that point
Quote from
anstel on 6th February 2018, 1:06 am
Quote from
Mcgcapital on 6th February 2018, 12:24 am
I’m all in long here now from 7080.. that was one hell of a day, beautiful declines.. think we’re due a countertrend rally now to attempt to close the gap at 7334.. probably will fail and head back down to 7100 from 7300 area. Looking at August 2015 as a reference point
Not yet Mcg it could drop at Asia open ive just taken 50pts short from 7105...looking to get long from 6995 area in a bit if it doesn't get that low so what good luck....
I’d say it’s done everything it needs to to potentially bottom now. Daily RSI down at 14.. capitulation selling, potentially a fake out but crucially not yet a break through a key support level at 7100, 250 point gap down. Everything is set up to rally.. it’s not going to be straight forward but wouldn’t want to be caught shorting here. Plus the 10 year bond yield has dropped back to 2.7% from 2.85% which is the reason the selling started in the first place.
Absolutely crucial it holds above 7000 though, got no clue where it goes below there. Would end up being akin to the 1987 market crash.. so would have no choice but to sit out and let the dust settle at that point
Quote from
anstel on 6th February 2018, 1:23 am
Short again at 93 stop at 120
Short again at 93 stop at 120
Quote from
anstel on 6th February 2018, 1:37 am
Took 8.8 out of that...
Took 8.8 out of that...
Quote from
Jack 2 on 6th February 2018, 1:54 am
Yes, I wrote wrong above, I meant short.
Yes, I wrote wrong above, I meant short.
Quote from
anstel on 6th February 2018, 1:56 am
Ok in long Ftse at 55.8
Ok in long Ftse at 55.8
Quote from
anstel on 6th February 2018, 1:57 am
Quote from
Jack 2 on 6th February 2018, 1:54 am
Yes, I wrote wrong above, I meant short.
No problem Jack I do it all the time :0)
Quote from
Jack 2 on 6th February 2018, 1:54 am
Yes, I wrote wrong above, I meant short.
No problem Jack I do it all the time :0)
Quote from
anstel on 6th February 2018, 1:59 am
Locked and loaded.....
Locked and loaded.....
Quote from
anstel on 6th February 2018, 2:05 am
Looks like we hit 7029.7 there....wish I'd had the b@lls to hold that short....
Looks like we hit 7029.7 there....wish I'd had the b@lls to hold that short....
Quote from
anstel on 6th February 2018, 2:07 am
Hey Mcg do you think it's worth putting a stop up behind and adding some size ? And rinse and repeat..
Hey Mcg do you think it's worth putting a stop up behind and adding some size ? And rinse and repeat..
Quote from
anstel on 6th February 2018, 2:09 am
Quote from
anstel on 6th February 2018, 2:07 am
Hey Mcg do you think it's worth putting a stop up behind and adding some size ? And rinse and repeat..
Oh I dont know? It's probably a bit too nervous never mind...
Quote from
anstel on 6th February 2018, 2:07 am
Hey Mcg do you think it's worth putting a stop up behind and adding some size ? And rinse and repeat..
Oh I dont know? It's probably a bit too nervous never mind...
Quote from
anstel on 6th February 2018, 2:32 am
Added 28.3
Added 28.3
Quote from
anstel on 6th February 2018, 2:51 am
Off to bed to dangerous
Off to bed to dangerous
Quote from
anstel on 6th February 2018, 3:12 am
And as the world sleeps the workers pensions are destroyed.....let's keep em working a bit longer then... Oooh with inflation its only going to be worth £x so you need to put up your monthly payments to keep its real value the same.....bollox...
And as the world sleeps the workers pensions are destroyed.....let's keep em working a bit longer then... Oooh with inflation its only going to be worth £x so you need to put up your monthly payments to keep its real value the same.....bollox...
Quote from
anstel on 6th February 2018, 3:55 am
Can't sleep ....just had a thought I wonder if Icarus still has his short....if he does sods laws suggests that the Dow will drop to his break even and then bounce back up hard while Icarus is asleep...and then hit a new all time high.........
Can't sleep ....just had a thought I wonder if Icarus still has his short....if he does sods laws suggests that the Dow will drop to his break even and then bounce back up hard while Icarus is asleep...and then hit a new all time high.........
Quote from
TCGtrading on 6th February 2018, 4:40 am
Quote from
anstel on 6th February 2018, 3:55 am
Can't sleep ....just had a thought I wonder if Icarus still has his short....if he does sods laws suggests that the Dow will drop to his break even and then bounce back up hard while Icarus is asleep...and then hit a new all time high.........
stop trolling Icarus!
Quote from
anstel on 6th February 2018, 3:55 am
Can't sleep ....just had a thought I wonder if Icarus still has his short....if he does sods laws suggests that the Dow will drop to his break even and then bounce back up hard while Icarus is asleep...and then hit a new all time high.........
stop trolling Icarus!
Quote from
TCGtrading on 6th February 2018, 4:42 am
From what I've read this should bottom in the next day or 2. Repositioning and loading for longs.
From what I've read this should bottom in the next day or 2. Repositioning and loading for longs.
Quote from
TCGtrading on 6th February 2018, 5:23 am
Got some more on here 6950’s. 6900-6930 hopefully act as support.
Got some more on here 6950’s. 6900-6930 hopefully act as support.
