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Based on euroland rth and US ooh it looks
like the Dow will play 18900 ping pong.Let’s say 19800 🙂
Although I look forward to 18900 ping pong 😉
Never give up, never surrender.
Had a few trades with Cable after the Brexit court ruling.
Banked a few quid on simple swing trades but I will not
be trading Cable again unless we get a big move.Brexit ruling makes no difference to timing Article 50.
Even sidelines the SNP which shows when you go to
court it will not always find in your favour.Of interest is that stock markets did rise but have
not held and the result is almost invisible.Never give up, never surrender.
Same sort of action as monday …
… euroland sets an early ‘l’ pt and rallies.
… US rallies early … sets an ‘h’ pt and
then sets a later ‘l’ pt ?????Never give up, never surrender.
Quite a few profit trades in early US rth.
Short Dow 19826
That is my only position and will be my hold this week.
Never give up, never surrender.
Quite a few profit trades in early US rth.
Short Dow 19826
That is my only position and will be my hold this week.
Before we walk away we use good kpad practice and set stop and limit…
Short Dow 19826 – stop 20500 – limit 17500
Never give up, never surrender.
Unlike Ftse and Dax the Dow is not an inside
day as it breaks up. This must question the
lean of today’s s1 an even chances of a fall.Great care required, atleast until we get
the s1 sorted later on.Never give up, never surrender.
I guess we are back to the question do
we see Dow 20k and or spx 2300 before
or after a decent fall.Answers on a betting slip.
I will stick with my Dow short and sit
back whilst the market decides.Never give up, never surrender.
Big picture broad brush round numbers for the Dow
20000 down to 17000
17000 up to 20500
20500 down to 14000
14000 up to 22600Spx 2300 -> 1950 -> 2360 -> 1600 -> 2600
No money back … reader beware !
This is still my big picture and would be so if we
did tag Dow 20k and or spx 2300 but we have
to only exceed just enough to hit stops.Never give up, never surrender.
Short Cable 1.25
Target of 1.24 would be great but 1.245 would be good enough for me.
Never give up, never surrender.
Short Dax 11650
Opening gap will be a magnet down.
Risk we retest 11700 stops.
Reward could be 100’s.If all else fails take a winter holiday.
Never give up, never surrender.
I have a couple of invitations to visit which
would not cost me a penny.
I will set stops and walk away.
When I return on monday things should be clearer.
I may be poorer by then but also enriched.Never give up, never surrender.
Stop hit on Dow Dax Cable trades even before I finished packing.
Small short Dow 19965 – stop 20300 – limit 17125
That is all the risk I want whilst the bull is in full flight.
Back monday.
Never give up, never surrender.
From my hotel I see the stop run above Dow 20k and spx 2300
which will require a new trading plan for 2017I will increase my trading pot to 50% of the 2017 funds
so that I can begin using my normal trade size.Much to mull over whilst away on my mini tour.
Never give up, never surrender.
Personally im am grimly holding short,though now partially hedged.today meets a lot of criteria for yet another”top”.s4h on the cards and will remove my hedge long and add short the close of we get s last hour high.cheers and good luck everyone
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