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Waiting for the Ftse 7000 short to fill.
I am sure it will now with all this blue sky,
spring in the air, type stuff.
Will make a good story for tomorrow’s
fish & chip wrappers.Ftse 7000 will come with negative divergence
on a few indicators.Never give up, never surrender.
Ftse short 7000 got filled and although the move up is
less than inspiring I am happy to just have my initial
small short.Have outlined how high we could go in this move and the
algo’s may want to take out stops above 7000 +10 +20That’s it for me this week.
Never give up, never surrender.
Ftse short 7000 algo’s may want to take out stops above 7000 +10 +20
Got traders short at 7000 then spiked to +7040 to run their stops.
How predictable are those algos.No chance they hit my stop 😉
Never give up, never surrender.
If you were a Ftse trader who thought from 7000 the odds
favoured 6000 5000 4000 etc you would need a 7500 stop.This is tuna fishing not sardine and would not be right
for all trading size or accounts.Never give up, never surrender.
Between now and June Bradley at the latest stocks are
set to start a multi year 4th wave down.Ftse could start down at 7050 or 7200 and we will not
know that until we get a retrace to measure odds.I am encouraged that most major stock markets have
had upside into today’s new moon because without
such an alignment, we can’t expect a CIT.Never give up, never surrender.
I added a June Gold 1375 Call Option priced at 1.0 today. That’s three June gold calls I have now. Downside is limited and known, but upside if something kicks off could be very high. Looks like my April ones will expire worthless unless something outrageous happens next week. You never know….
Ftse time and price window for a cit is quite large but that
is maybe whats required to turn a market like this.Time = 20th March – 9th June.
Price = 7050 – 7200I will keep a small short running and day trade as per norm
until we get a proper break down.Never give up, never surrender.
More talks between German and Greek leaders re the laters debt crisis.
If there is no rescue than the markets will likely react in a negative
way as it will unhinge euroland.
If there is more money given then markets will give a positive reaction
but it will open a can worms as other countries will seek more aid and
or better terms.There is no quick and painless fix for the financial problems of many
of euroland’s poorer members. The EcB qe program is not a fix,imho.Never give up, never surrender.
would’ve rather seen a gap down & go today .
still , there is a signal for a 205x print or lower by Friday and I’m short for that , as the odds are good( nothing in life is certain)
maybe the odds blow-up this time round , but for now I’ll only reconsider on a close above 2120.
Everyday a central banker says something somewhere
in an attempt to bolster our confidence in them.They say if you keep repeating a lie, at some point
it will be taken as truth.I guess that’s the basis of propaganda.
Never give up, never surrender.
Everyday a central banker says something somewhere in an attempt to bolster our confidence in them. They say if you keep repeating a lie, at some point it will be taken as truth. I guess that’s the basis of propaganda.
Yea and as soon as everybody starts to have confidence in them they’ll all go bankrupt !!
Ftse ath and close, which is near enough to the lower
potential cit price window at 7050 so we will have
to see what happens tuesday. I would not like to
say what the odds are, it’s just a possible.Never give up, never surrender.
All I have managed today is to use the
range to trade in my 7000 for a
short Ftse 7020Never give up, never surrender.
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