Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › March 2016
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cimac.
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March 11, 2016 at 13:53 #21728
yesterday was a pain,started well then got caught out shorting into that decline as i suspect a few did,good old fashioned bear trap to give back the winnings lol.weekend cit,so ideally looking for a small pullback possibly to close the open 1999/2000 ish gap in rth.then choppy slow day grinding higher,maybe a bit of volume picking up into the end of the session.looking for 2020.thats the plan…everyone gotta have a plan! the plan mighrt be a crock,but its still a plan.
March 11, 2016 at 16:54 #21731Memsaab has just gone short the Dow at 17096
I noticed this was underwater and thought I would
have some fun and win back the bragging rights.Short Dow 17209 – stop 17530 – limit 10000
Never give up, never surrender.
March 11, 2016 at 17:15 #21732😛 10000! going for the golden goose lol..got your eye on that penthouse cim? bet ur trigger finger wouldnt last that out.take some discipline.i thought i was using discipline waiting for 2000…popped out with my limits in and its sailed straight up to 2017 from 2006 without any thought for my entry..thats inconsiderate for you.just remembered its a bradley turn day today too.more reason to get short before close of play.
March 11, 2016 at 17:25 #21733Cheers 🙂
Chart wise we ‘could’ see Dow 17620 – s&p 2062 !
That would trigger my short of the year entry
but in any event I will be short in March it
is just a matter of timing.Now I must get back to my three day holiday.
Never give up, never surrender.
March 11, 2016 at 20:37 #21735Short Dow 17209 – stop 17530 – limit 10000
As per chart comments I beefed up the stop a bit
so the trade now is :-Short Dow 17209 – stop 17725 – limit 10000
Never give up, never surrender.
March 12, 2016 at 14:11 #21738im short now from last nights close 2021spx.prepared for a green opening monday should it happen,prefer not though,cant be much up left in this bugger.upper gap at 2045ish,but any higher other than a spike candle and it would put the bear case in doubt imo
March 13, 2016 at 07:49 #21739In an ideal world my plan was to go short on 1st April
as I was expecting a bullish March right into 31st.So taking a short on 11th leaves me thinking that I
will have to use plenty of stop margin and or flip
long for the last rally higher.This week coming we have another central bank fest
and they will do well to get markets to react as
per the ECM, imho.It’s also quad expiry on friday.
Use stops and be prepared to adjust plans.
Never give up, never surrender.
March 14, 2016 at 08:14 #21744Short Dow 17209 – stop 17530 – limit 10000
As per chart comments I beefed up the stop a bit
so the trade now is :-Short Dow 17209 – stop 17725 – limit 10000
Closed at 17171
Never give up, never surrender.
March 14, 2016 at 14:13 #21745If we get a Dow pop at the open I may reopen the
short but I would not do so under 17200, fwiw.Never give up, never surrender.
March 14, 2016 at 14:49 #21746Short Dow 17210 – stop 17830 – limit 10000
Never give up, never surrender.
March 14, 2016 at 15:32 #21747These markets do not look ready to fall even though they are
at levels and counts which look valid for a decent fall.Maybe it’s FMOC and quad expiry which has them anchored.
I may just day trade for small gains and wait for a
better place to entry my 2016 short.Never give up, never surrender.
March 14, 2016 at 15:55 #21748Short Dow 17210 – stop 17830 – limit 10000
As per comment above … out at b/e.
Never give up, never surrender.
March 14, 2016 at 17:35 #21750Almost daily we see a chart ‘look’ for a short
and atm it’s Dow 17250A real bear teaser !
Never give up, never surrender.
March 15, 2016 at 13:16 #21755Monday bullish
Tuesday bearish
Wednesday bullish
Thursday bullish
Friday bearishIs the general odds for march options week which tends
to focus on closing price and not intra day hoop la.Never give up, never surrender.
March 15, 2016 at 14:19 #21756closed short at 2009 for +12 handles.wanted to hold short but just the risk is it obviously chops back up to unchanged again ahead of tomorrows fed.lets see how they react from here.
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