Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › May 2014
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Khalsa.
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May 21, 2014 at 07:18 #5991
In an ideal world I would like the Ftse at 6825 today
maybe 6850 thursday for short entries. I am prepared
to wait and see.Never give up, never surrender.
May 21, 2014 at 12:19 #5994Ftse weak so far, only managed a brief run above 6800
but the Dax did provide a better chance to short.I will now wait for US and those Fed minutes.
Never give up, never surrender.
May 21, 2014 at 16:22 #5995This move up by the majors looks like it could all end in tears.
Bulls need new highs and the bears need to keep it as a retrace.
Not boring, that atleast we do know !
Never give up, never surrender.
May 22, 2014 at 08:34 #6006Ftse and Dax have both hit levels in the first 30 mins today
which will attract shorters who have been on the sidelines.All imho.
Never give up, never surrender.
May 22, 2014 at 10:55 #6009I expect the current rise in Ftse Dax Dow s&p will now be
watched to see if it halts and reverses. Today and maybe
the early part of friday are best suited timewise.Best if all those four play the same tune.
Never give up, never surrender.
May 22, 2014 at 15:11 #6011Elections taking place over the next week for Euro MPs (MEPS)
and as is the custom, at difficult times, the ruling parties
often face losses at the polling station.A divided europe is not what is needed with a near civil war
on europes eastern border and with much yet to be done to
repair the regions finances.Very uncertain times ahead.
Never give up, never surrender.
May 23, 2014 at 12:32 #6024I expect the current rise in Ftse Dax Dow s&p will now be<BR>watched to see if it halts and reverses. Today and maybe<BR>the early part of friday are best suited timewise.
<P></P>
<P>Best if all those four play the same tune.</P>Ftse has taken a dip and the rest maybe be waiting for
the US New Home starts data at 15:00 today.Never give up, never surrender.
May 23, 2014 at 15:48 #6025here’s hoping this is your lower high K . Worth a shot today , even if hols mean it may take a few days to play out…
May 23, 2014 at 15:54 #6026Ftse is the silent leader, imho.
Dax Dow s&p on a mission to hit a high of sorts.
Bit like winding up the rubber band in a balsa
wood aeroplane. You were never really sure how
far you could safely wind it !!!Never give up, never surrender.
May 23, 2014 at 20:19 #6034Time to enter the market again.
Short s&p at 1900.1 and short Dax 9770
I would like a nice drop and not too much
upside before July and have the margin to
make this a relaxing type of trade, fwiw.Enjoy your three day weekends.
Never give up, never surrender.
May 23, 2014 at 21:09 #6038Baaa sadly this is just so perky, it just does not look ready to come down.
Sure we have just had the best retrace of the day in crookstime, but its pointless as the market will be closed in 7 minutes.
That leaves a retest of these highs on Monday again which means once again it will try for > 1900 SPX.
We are due a good a retrace soon but its still all very much in an uptrend and all downs are one day wonders, engulfed the next day
Better for me to let the SYSTEMS dictate like the recent down days.
Lets see
Plan your trade, trade your plan!
May 23, 2014 at 21:26 #60391912/7 area is my max upside now if it wants to go mad.
Plan your trade, trade your plan!
May 26, 2014 at 08:26 #6042Other half of Dax short added at 9870 which
when added to 9770 = average of 9820 fwiw.Never give up, never surrender.
May 26, 2014 at 08:40 #6043Just be aware I start with small half size trades, in all markets,
as it reduces the risk. For example the Dax could hit 10000 if we
see a potential blow off in stock markets.Never give up, never surrender.
May 26, 2014 at 09:30 #6044As expected the voting for MEPs showed a large protest type vote.
When this is fully understood, the potential for chaos in europe
will be a major talking point.A very uncertain outlook, imho.
Never give up, never surrender.
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