May 2016

[cimac]

NFP below expectations.

Bears will say QE has not got the US working.

Bulls will say Fed rate hike delayed.

In other news Greece is on a three day general strike
which once again puts a default back on the table
as new bailout terms are just not acceptable.

Never give up, never surrender.

[cimac]

Over 200pts range today on the Dow to hunt the bull and bear stops.

I will open a small Dow short soon to cover potential downside
next week once the rally runs out of steam. May need more
than one attempt to get a decent entry, imho.

Never give up, never surrender.

[cimac]

I am short Dow at 17722 which gives me an initial marker.

Have a great weekend kpaders.

Never give up, never surrender.

[gekko]

Thx Cimac and WND..

[gekko]

[houdini]

think ill let the inevitable monday rally fade out before adding short again,that was an impressive bear squeeeze yesterday on terrible numbers.more to come monday i reckon.lets see where this ramp job takes us.

[cimac]

cimac wrote:

I am short Dow at 17722

Earlier Dow ooh allowed me to close for a few pence
and later reopen the Dow short at 17750 & 17775.

Keeping the trade size small whilst we find out if
this is a bull or bear week.

Never give up, never surrender.

[cimac]

Today the Ftse and Dax are on different paths and
so US ooh must follow where it can and seems to
favour the higher running Dax.

First hour of US rth could be fun if the ooh quotes
have followed the wrong leader.

Never give up, never surrender.

[cimac]

cimac wrote:

Dow short at 17750 & 17775.

Closed at 17747

Never give up, never surrender.

[cimac]

Back in short at Dow 17750

I wont bore you with my in out trades as I expect
to be busy with them this week.

Never give up, never surrender.

[cimac]

Back in short again as Dow 17825 is just too tempting.

Never give up, never surrender.

[cimac]

cimac wrote:

Back in short again as Dow 17825 is just too tempting.

Closed 17760

Never give up, never surrender.

[cimac]

Euroland and US ooh has been on quite a journey
so expect US rth to cover a fair size range.

Never give up, never surrender.

[cimac]

Small short Dow 17905

Would like a good dip a la mid day euroland.

Never give up, never surrender.

[cimac]

Ftse and Dax had a +ve day except for that sharpish drop( since recovered ).

Maybe a small short to test out this pattern.

I may have to be mean with the Dow stop as I do not want too much risk
as I trade into wednesday.

Never give up, never surrender.

[Author]

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