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Stats indicate that after a year like 2015 when gain or loss are
small, then the next year has greater odds of a large move.With some justification many will take this as an omen for
bear markets in 2016 but the stats just say a large move.Never give up, never surrender.
I only plan to trade one or two days a week in 2016 and due to
other factors my days are likely to be tuesday and thursday.I will use my own brand of Short Term Delta combined with a
dash of Elliot Wave and support and resistance levels.
In an attempted to cherry pick trade entry points.Overall by time and entry criteria, I intend to trade less
than in previous years but hope for greater profits based
on hard work and only minimal luck 😉Never give up, never surrender.
Stock markets set to open 2016 trading with fireworks 😉
Never give up, never surrender.
Stock markets set to open 2016 trading with fireworks ?
YEAH BABY!
Lol new rules in China means if market falls 7% it is then closed for the rest of the day…..
Should be fun when it reopens tomorrow.
Too funny!! A bar of chocolate or a bar of silver. What would YOU choose!!??
Even the more stable Ftse kicks off 2016 trading
with two days of larger than normal opening gaps.After the bearish monday a bullish turn around
for tuesday was expected but can the bulls go
on and get a close near the hod.The movement is good even if you can only get
a small percentage of the potential profit.Never give up, never surrender.
Wow that opening gap closed …. weak market.
Tuesday was a good day for me to trade.
I am done for the day.
Never give up, never surrender.
Ftse is on the climb again and is circa mid way
from monday close to early hod today !Therefore I wonder if the US is going for a large
opening gap up ?Can the bulls hold onto gains into the close.
Failure could provoke an even larger drop
later in the week.Never give up, never surrender.
Ftse closed circa 6123 and hit 6150 in ooh leaving the
market in the red zone for another large drop, imho.Never give up, never surrender.
all out futures crash…es approaching touch of daily trendline from august lows.nasdaq already broken through.bounce needs to occur within a few points or 1700s on the horizon in the medium term
Ftse closed circa 6123 and hit 6150 in ooh leaving the
market in the red zone for another large drop, imho.Another good day banked for the Ftse bears.
Flat now as I want to see the US markets settle after their open, fwiw.
Never give up, never surrender.
Yes, it gets hard to short after a decent fall but the reality is this looks like it will go a lot lower medium term…..
I remember in other bear markets cursing at having exited too soon…. Plan to hold one decent sized short all the way, and do shorter term in and outs.
Gold broke 1080 today which was a short term break of a wedge. I have some options expiring this month…. if it could go berserk this month it’d make me a particularly happy chappy. ?
As we have seen there is a rush to try and prevent
stock markets falling too much but no attention
is paid to try and stop them rising too much.Never give up, never surrender.
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