Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › June 2016
- This topic has 126 replies, 7 voices, and was last updated 6 years, 8 months ago by
cimac.
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June 1, 2016 at 20:27 #22664
Welcome to the summer.
Never give up, never surrender.
June 1, 2016 at 20:30 #22665Short Dow 17800 – stop 19250 – limit 10500
Never give up, never surrender.
June 2, 2016 at 06:42 #22667Short Dow 17800 – stop 19250 – limit 10500
Closed at 17747
Will recheck an entry after EcB and NFP news is known.
Never give up, never surrender.
June 2, 2016 at 17:33 #22668A worry for bears is that the bulls can always seem
to get back to or near Dow 17800 and s&p 2100Great care needed until we break out of this range.
Never give up, never surrender.
June 2, 2016 at 23:53 #22672Short Dow 17800 – stop 19250 – limit 10500
lol have you ever kept a bet to target ? ???
June 3, 2016 at 06:03 #22673Short Dow 17800 – stop 19250 – limit 10500
lol have you ever kept a bet to target ?
Never … it’s a work in progress 😉
I cannot stop myself being what I am, a day trader.
Never give up, never surrender.
June 3, 2016 at 06:07 #22674There is a viable count for new US ath’s for Dow and s&p
and I guess NFP, FMOC or UK EU vote could decide the
timing of the x roads test, if not the outcome.I will only use small trades, if any, until we ‘know’.
Never give up, never surrender.
June 3, 2016 at 09:54 #22675This week the BoJ and EcB, in my view, did nothing to hurt the bulls.
Today we have NFP but to try and work out what the Fed will do has
been very hard, regardless of the data.FMOC comes the week before the UK EU vote. Such has been the talk
about dire projections if there is an ‘out’ vote, it’s hard to
see a cautious set of central bankers, hiking rates before
the vote is known.Charts aside the known events seem to me supportive of an attempt
to go for new US ath’s, this month.Never give up, never surrender.
June 3, 2016 at 10:34 #22678To sum the above.
Bulls need to hold these levels and hope for no rate hike and a stay in vote.
Bears need to breakdown now.
We need to wait for the break out.
Never give up, never surrender.
June 3, 2016 at 13:15 #22682Short Dow 17850
We may not get the NFP knockout blow for bulls or bears but
instead a continuation of the range / waiting game.Never give up, never surrender.
June 3, 2016 at 13:31 #22684June 3, 2016 at 13:52 #22692I wonder how much of this US ooh range gets used in rth.
Tempting but I am finished for the week.
Never give up, never surrender.
June 3, 2016 at 17:11 #22702Groundhog day again,slow grind back up to highs yet again.zzzzzz
June 3, 2016 at 19:38 #22704I would prefer the s&p to rally into the close
and gap up monday to new aths, without any
other stock markets at new aths.That would be a bad sign.
Also we would still be in the window of the
major 1st June Bradley.IF this happens, I will be short.
Have a great weekend kpaders.
Never give up, never surrender.
June 4, 2016 at 10:19 #22709Unless we get a good gap up rally on monday, the option
of a new ath for the s&p is delayed.We could truncate and drop over time to sub 10000 etc.
The middle option is we drop from the 1st June Bradley
into the 4th July Bradley, both major dates.There you have, three very valid counts, best we get
past monday and revisit the options.Never give up, never surrender.
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