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Hey Paps, Good evening. Just a typical WNER so far, but a weak one. That usually leads to a down Tuesday. However some may view today as a consolidation day with more up. The beauty here is that for the TREND to be down still, upside should be limited to 7-10 points from here, so even if it looks up tomorrow, it can be a pop and drop imo.
Never expected this today.
This was a killer for those that planned on it being a retracement rally back up.
This shows that the QE mustards really are alive and kicking still.
Plan your trade, trade your plan!
I really expect es ’65 to have at least a little bit of an effect !! strange that gold is up too…. having been reacting opposite to stocks (as recently) .
Burn the longs tomorrow :p
Maybe but I wouldn’t bank on it
Monday 17th February should be interesting time wise
as by that point we should know retrace or new highs.Ftse hovers just below 6700 and is a tricky trade
for both bulls and bears but I prefer bearish.Small trades until we know guys.
Never give up, never surrender.
Bit confused Gordon. Didn’t expect it to rally this far but am looking for a short entry yes. It keeps threatening to go down but there’s no conviction. Goes a few handles then bounces. As soon as I see some conviction to the downside I will enter, not bothered if I miss the first 10-20 handles, just need to know it’s for real.
Cheers, I keep adding 1/4 size entries to build up my stake….. but f falls out the blue I’m still in. About half size in so far. but will give it a bit of room now just in case it wants new highs!
Over what period of time do u expect the next bear market to begin and how long do u think it will last. there are some people that say it will last decades akin to Japan. I can see that too TBH!
Take profit on 2nd half of Ftse short and
keep the 1st half.Small short Cable 1.66
Full moon friday.
Never give up, never surrender.
Nice one cimac,
£ $ been strong last couple of days. I don’t trade it but kept an eye on it.
Spain and Italy indices down 1%. Perhaps they are in for one of their big dump days. Hope so 🙂
Dan.
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