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Cheers.
Taking into account all I have said about March my plan
is to hold this short and not add until we break back
down through 17000 in a convincing way.Small day trades will keep me active whilst this bigger
picture trade unfolds.Never give up, never surrender.
Now we have the stock markets that were shut playing catchup
with FMOC action. Japan and Oz have done theirs now europe.Based on the +ve / -ve March analysis in which we still have
two very bullish days left. A dip and then another rally are
possible, before months end.
This is experimental stuff for me so it is just a guide.Never give up, never surrender.
cheers pritpal.we could have another 2 weeks of up/down stop runs if march keeps up here then.i for one will have the duvet pulled over my head if it gets to 18500,not even the postman will get an answer at the door! lol I know, I know. I trust you are well my friend. FOnd memories of the JD and Ginger playing Pool still lol
They are back to the QE markets of relentless up. However with these mustards we have to always expect the unexpected.
My current game for the last 2 weeks has been low last Thursday and high into Friday / Monday.
So far it is that, so really just need to sit it out.
I was long but closed yesterday on the FED spike incase the move into crooks quad oe was done (obviously not!)
2040/ 2080 SPX remains my target area on this run and then we can go sub 2000 again maybe even to 1960’s
The one major, major, major niggle is that we are above the 200 DMA on SPX. That nearly always leads to higher prices. Just hope that it crooked oe related pollux for now.
Plan your trade, trade your plan!
Now we have the stock markets that were shut playing catchup with FMOC action. Japan and Oz have done theirs now europe. Based on the +ve / -ve March analysis in which we still have two very bullish days left. A dip and then another rally are possible, before months end. This is experimental stuff for me so it is just a guide.
We see the same thing. I am a fool but you are not. So hopefully it will not be inverted lol
Plan your trade, trade your plan!
Short Dow 17325 – stop 18400 – limit 10100
Slight adjustment in stop to honour two great posters 😉
Short Dow 17325 – stop 18500 – limit 10100
Never give up, never surrender.
I am going to take a back seat and see if my plan works
which I will not know until April and far beyond.Weather is very spring like here in south west england
and I want to make good use of it, walking etc as I
continue to recover from my heart attack.Never give up, never surrender.
FMOC three way rules read up(1) then down(2) so at some point we
should go up(3) exceeding the up(1) by measuring the down(2).It would fit well for US stocks if we are in
down(2)
but that has to be seen in rth to confirm.Never give up, never surrender.
Dow had a good range from ooh into rth.
I traded it but did not make a penny profit but did manage
to swap my old short for something better, for no cost.
Should get a payout in time ( I hope ).Short Dow 17409 – stop 18500 – limit 10100
Even this is underwater but I think I may have fared a
lot better than many US bears today.Think I can leave well alone and come back monday.
Never give up, never surrender.
Almost looks like US stocks are aiming for OE at Dow 17500 – s&p 2050
and if so you have to ask what next. I may need that Dow 18500 stop !I will check back in on monday.
Never give up, never surrender.
Short 2033.50 basis I feel it will do a “DAX” and fall into close and then rally tomorrow to a possible lower high.
Also 2040 SPX is done, even though it may want 2060 / 2080 SPX on this run and may spill into next week WNER.
Lets see. Good luck
Plan your trade, trade your plan!
Well done ‘K’.
I have worked hard again tonight and for no profit but at
no cost have traded in a Dow 17409 short for this. Phew !Short Dow 17500 – stop 18500 – limit 10100
Never give up, never surrender.
Short Dow 17500 – stop 18500 – limit 10100
Having used profits from other trades to close and move
my Dow short relentlessly higher I may aswell raise
both stop and limit by 100 which still maintains
the approx ratio of reward 10 vs risk 1.5 and
that is my last action with this trade and it
can now close on it’s own, limit 🙂 stop 🙁Short Dow 17500 – stop 18600 – limit 10200
Never give up, never surrender.
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