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Dow short taken on this bounce but a profit banked.
Got a small Ftse short at 6960 just to cover what
may come next week after quad oe etc. Risk is we
go above 7000 to complete this pattern. As per
normal stops will be moved as and when.Monday I will be back to normal size trades.
Never give up, never surrender.
Got a small Ftse short at 6960
Out for +5pts and that is me done this week unless
we get a standout entry point.I would prefer a new Ftse ath to short in week or
so after new moon friday.Never give up, never surrender.
The London Gold Fix ended today….
https://www.bullionvault.com/gold-news/gold-fix-031820151Ftse bulls want 7000 – 7200
Bears want a truncate final wave and a return to Oct 2014 lows.
With such a wide band of expectations day traders must be firm
and plan to get on the right train when it leaves the station.Never give up, never surrender.
Futures have Ftse at 6985 to short so I have taken that
as my banker to run into the next phase, which is after
we get quad oe and new moon done and dusted.I will stand back now and let others trade and come back
next week to continue this journey.Never give up, never surrender.
Futures have Ftse at 6985 to short so I have taken that
Closed for +10pts
Entry orders in for small Ftse shorts at 7000 7025 7050
Never give up, never surrender.
Entry orders in for small Ftse shorts at 7000 7025 7050
Correction 7000 7100 7200 … just incase we go nuts 😉
Never give up, never surrender.
Little picture.
Atm it looks like the Ftse is in a 4th wave flat that may
need to revisit 6925 and peak at 7050, all approx prices.Time is critical and it may not resolve today infact it
would make a better picture were it monday or tuesday.Make or breakout of this scenario, we will need to take
a fresh look at the new options.Never give up, never surrender.
Little picture.
Atm it looks like the Ftse is in a 4th wave flat that may
need to revisit 6925 and peak at 7050, all approx prices.To be more precise the 4th wave flat may need to
revist 6925 and the 5th could peak at 7050.Never give up, never surrender.
I feel when this market tops it will be as result
of loss of faith in western leaders who have, put
so much money into qe, plus huge budget cuts.If this does not produce a sustained recovery or
protect people from another credit crunch, then
why should we have faith that leaders know
what they are doing.When faith goes, so does the light.
Never give up, never surrender.
US and Dax are laggards atm, whilst most of the other
major stock markets are at or near to ath.This action fits with today’s new moon.
Never give up, never surrender.
With the amount of waffle on Greece in the eurozone,
expect the Dax to join in the ath party soon.Never give up, never surrender.
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