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I will leave an entry order for a short at Ftse 7349
which is where I think we are going.We have arrived in ooh and should in rth and
then the market has a big decision to make.Never give up, never surrender.
Small short Ftse 7350 – stop 8175 – limit 6100
I will close the 7336 at b/e later.
Never give up, never surrender.
I will close the 7336 at b/e later.
Done.
Now it’s time to wait and see what this week
brings both sides of the pond.Never give up, never surrender.
I still think the Ftse needs a minor 4th and 5th wave
to finish this pattern. A drop to 7300 then up to 7400
would fit quite well. With my short at 7350 I could
just stand back and watch, which I may well do.Never give up, never surrender.
Small short Ftse 7350 – stop 8175 – limit 6100
Closed at 7300
I think +50pts is worth taking now and
then have another look at the chart.Never give up, never surrender.
US futs down with euroland on Brexit speech worries.
Small long Dow 19820
A risky trade but I think +50pts is possible and
so 19870 is where I would close.Never give up, never surrender.
Take care trading around this speech ( 11:45 gmt ) as
the news algos will flip flop markets right into the
premarket US and even upto 15:00 gmt.Never give up, never surrender.
US futs down with euroland on Brexit speech worries.
Small long Dow 19820
Closed 19860
A +40pts now feels safer.
Done for the day and maybe the week.
Never give up, never surrender.
We have the last of the QE clowns on thursday
and they ( EcB ) could throw a custard pie
but I will use plenty of stop and open asmall short Dax 11600
Never give up, never surrender.
With that Dax trade the risk is the current ath
so add a bit and get 12500 and the reward is in
multiple 100 and 1000s down to 9000 or 8000Not for the faint heart and only using money
which you count as lost when you open.Trail stops where possible.
Never give up, never surrender.
My analysis of the Dax
Tuesday was s2l and we have just completed that by a spill up.
Wednesday s3l bias down.
Thursday s4h (EcB) bias up.If that is correct then I get what I want, which is
Friday s1l
Monday s4l
a bookends weekend bias down.If it’s wrong then smile and try again.
Never give up, never surrender.
Dax std may be wrong but plenty of downside
today caused the trailing stop to book a
profit and that is what counts.Small short Dax 11615 – stop 12500 – limit 9300
Never give up, never surrender.
A few trades since 07:00 have upgraded me to just a
Small short Dax 11623 – stop 12500 – limit 9300
Family birthdays will keep me busy so this is my
hold through EcB and into next week.Never give up, never surrender.
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