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Welcome to April.
A big thanks to ‘K’ for all the efforts he puts in
to keep the internet hackers at bay.Never give up, never surrender.
Looking at the Dow I am not convinced by the drop
from the ath’s and so I think this is a 4th with
a 5th to new aths to come later this year.If this is correct then same for spx and also for
most of the other main stock markets.Never give up, never surrender.
Welcome to April. A big thanks to ‘K’ for all the efforts he puts in to keep the internet hackers at bay.
Thank you Cimac for your lovely kind words.
This time round it was particularly tough as I lost all my websites due to the malware spreading across the whole server.
Then the webhosts refused to allow me back until I cleared all the sites.
I was out of my depth as really this time the attacks were so severe but where there is a will, there is a way and perseverance paid off in the end.
I will post some markets comments tomorrow.
Happy Easter to all.
Plan your trade, trade your plan!
As promised here are my current thoughts.
Today is more of a continuation from the Easter Bank Holiday weekend.
Yesterdays bounce was very shocking but not surprising.
It can be classed as a backtest of 2340/5/7 area. It could be classed as WNER after the NK antics.
For me we only hit 2322.75 out of the lower target which was not close enough to 2310/3 area really (unless the trend up remains strong).
It confusing as if I take yesterday as it is (ignoring the weekend close), we have a new KTB2 abut also BDIP DAY1.
I am going to take it with a pinch of salt as just take yesterday as a WNER which can reverse back down towards the initial lower targets.
Plan your trade, trade your plan!
The clowns have taken over politics around the world.
Another election in the UK because no one really
wants to govern in this most difficult of worlds.Long Dow 20550 as the money will drift to the US.
Never give up, never surrender.
Long Dow 20550 as the money will drift to the US.
Detail of the above …
Small long Dow 20550 – stop 20000 – limit 21500
… which gives an initial 2 (profit) vs 1 (loss)
profile prior to adjusting stop (when possible).Never give up, never surrender.
I am small USD CAD at 1.3416 and A Small long DAX fut at 12051
LEaning SPOOS as S2H
Good Luck to us all
rgds
Zarif
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
ah good to see you back up and running,i thought the site had pulled the curtains and said sayonara..damn hackers need to get a life.
choppy action reigns this week,i favour down into the weekend as long as todays high holds.that will be my cue to get long hopefully.Dow 20400 has potential to trap all traders
as it’s a break down and break up red zone.Still confident with my positional trade
but have no plans to increase the stakes.Never give up, never surrender.
i reckon it wont be long before you’re in profit cim…another high seems inevitable,im cautiously gonna dip a toe in the water friday if all goes to plan
Small long Dow 20550 – stop 20000 – limit 21500
Good rally out of the 20400 red zone BUT now I have a timing
issue for friday – monday which makes me very cautious.Close at 20620 and bank 70pts and then sit out whilst the
market decides if this rally is true or false.Never give up, never surrender.
Happy enough with my Dow trade last week and
would be happier if after a weak monday
a lower long entry is possible.I would not be happy to enter long if we do
challenge last weeks low.Never give up, never surrender.
Bulls take charge as the stock market futures rip higher
so well done to those holding longs over the weekend.It was more a gamble than a trade.
Having stayed out I will want to see what cash does.
Never give up, never surrender.
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