Viewing 15 posts - 121 through 135 (of 145 total)
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  • #23523
    cimac
    Participant

      Dow 18670 and spx 2170 zones retested on friday and charts
      show these are minor x roads. I would not be surprised
      if we drop from here but as per usual the bulls always
      have a lifeline and next week it’s FMOC and BoJ.

      Ftse (which I don’t trade) has GDP numbers.

      On balance I think we are close to a US top sometime
      next week, for confirmation.
      If we exceed 19000 and 2200 and rally in August then
      the bears are toast.

      Small day trades are the only ‘safe’ plan, imho.

      Never give up, never surrender.

      #23524
      Papillon
      Participant

        Hi cimac,

        I thought FTSE was your main trading instrument, any particular reason why you moved away from it? Just curious.

        #23525
        cimac
        Participant

          Hi cimac,

          I thought FTSE was your main trading instrument, any particular reason why you moved away from it? Just curious.

          Yes Ftse was my main trade for quite a few years.

          This year I have found it and the Dax harder to fathom
          and even more so with the brexit circus.

          Dow and spx are tough but atleast they are in ath’s
          zone which ‘feels’ like we know where they are.

          I don’t have a clue re Ftse and Dax re ath’s but it’s
          likely hatman is right that the Ftse will surprise,
          at some point above 6800 maybe the Dax above 10200.

          Never give up, never surrender.

          #23526
          Papillon
          Participant

            Thanks for that cimac.

            #23527
            cimac
            Participant

              SoLunar indicator has a ‘h’ centred today and a ‘l’ wednesday
              and I think houdini may use this or something else which
              seems to produce the same cits.

              I have a small Dow short 18661 to give me open interest at
              the start of a week most likely to throw decent moves.

              I have noticed others with spx 2180-2190 ath targets and
              my own Dow target is 18800.

              The market will want to throw a spanner in traders way
              and under or over shoot tends to be the method.

              Never give up, never surrender.

              #23528
              cimac
              Participant

                I have a small Dow short 18661

                I wish !

                18561

                Never give up, never surrender.

                #23531
                cimac
                Participant

                  I have a small Dow short 18661

                  I wish !

                  18561

                  Closed for +4pts

                  Never give up, never surrender.

                  #23532
                  cimac
                  Participant

                    The reason I took that tiny profit was because
                    we have one of our targets … Dax above 10200
                    and we may yet see hatman’s Ftse above 6800
                    and others spx targets and my Dow target.

                    At the risk of missing a drop, I would rather
                    let this Fed and BoJ week play out.

                    Never give up, never surrender.

                    #23533
                    houdini
                    Participant

                      I have this week mostly down cim,I have a 3 tier approach for my cits including short term delta and solunar indicator yes.i try to let price confirm first also.i really think spx should retest them old highs sometime this week.

                      #23534
                      cimac
                      Participant

                        Cheers.

                        It’s a slowly slowly catchee big drop
                        without losing your shirt 😉

                        Never give up, never surrender.

                        #23548
                        cimac
                        Participant

                          Dow tests 18400 / spx 2160 – zones.

                          Not unexpected prices and time inline with soLunar ‘h’ sunday ‘l’ wednesday.

                          Is that low enough for a run up into FMOC wednesday BoJ friday. It maybe.

                          Ftse and Dax have held most of recent gains so atm the US is on it’s own.

                          Never give up, never surrender.

                          #23554
                          cimac
                          Participant

                            In an attempt to try and play FMOC ping pong.

                            Short Dow 18516
                            Long Dow 18513

                            Never give up, never surrender.

                            #23556
                            cimac
                            Participant

                              Dow 18400 zone was the low for the FMOC rally
                              and now after the gap up we retrace some and
                              then grind up into the actual event.

                              A rally to new ath targets in the US would
                              be the expected route so maybe we drop
                              and finish the job in the next few days.

                              I do not think this is going to be easy
                              but then it seldom is.

                              Never give up, never surrender.

                              #23557
                              cimac
                              Participant

                                On the Ftse hatman had a possible 6834 target.

                                My own range had a top at 6775 and is wrong
                                because we must have done that or will do.

                                Never give up, never surrender.

                                #23558
                                cimac
                                Participant

                                  Dow plan is working like dream, so far.

                                  At some point a rally into FMOC would complete our map.

                                  Never give up, never surrender.

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