Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › May 2016
- This topic has 100 replies, 4 voices, and was last updated 8 years, 2 months ago by
cimac.
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May 13, 2016 at 06:13 #22480
Looks like we may see Ftse Dax Dow all re-test thursday lows’
As this seems important to understanding the odds of a
continued retrace and May OE setup, it would seem to
be a good idea to take an early weekend and let
market forces clear up many questions.Here in the South West we have summer like weather 🙂
Never give up, never surrender.
May 13, 2016 at 08:54 #22483Looking are various markets it seems the low made
on friday the 6th May is a key hold for bulls
and a must break for bears.Never give up, never surrender.
May 13, 2016 at 16:41 #22485hey,anybody here still using lcg spreads? ie what used to be capital spreads?
just had the strangest conversation with someone from their support desk..been getting some horrendous overnight charges for the us500 rolling daily contract.now up until about 3 weeks ago if i was short the market and let the rolling daily roll into the new day i would incur a charge of about a pip and a half..roughly for instance.now they have a new ex dividend charge which can be anything on top..i got charged 1.2 handles simply for tuesday night!!! i queried this and he basically told me everything ive known about my account for the last ten odd years was a product of my imagination and i had been getting this charge.i explained to him i was pretty aware of what went in and out of my account every night/week/month etc…but he told me i was wrong as hed been working there for years and i must be mistaken lol.very perplexing,odd and a pain.anybody got any feedback about this bunch?May 14, 2016 at 17:50 #22495If Dow 17500 holds then there is a pattern which could
now produce a strong rally. Quite a surprising one.Now the Dow will not move alone so would need major
stocks to all rally.I will be alert for this and trade with care.
Never give up, never surrender.
May 15, 2016 at 08:05 #22496If Dow 17500 holds then there is a pattern which could
now produce a strong rally. Quite a surprising one.Always assuming that this idea does not get blown out the water on monday,
we would be looking for a rally that would encompass friday’s OE, fwiw.Never give up, never surrender.
May 16, 2016 at 07:30 #22498How could the week unfold STD wise.
Today S4L with spill up then ‘normal’ but the low contained.
Tuesday – friday s1h s2l s3l s4h all ‘normal’ giving a bias upwards.
On the Dow there is room for 17500 to be retested or broken near to
the US close today but it must be rejected and it would be better
if it were no seen at all.That’s my broad brush outlook and it could all be complete tosh
and there will be no refunds 😉Never give up, never surrender.
May 16, 2016 at 11:12 #22499Lol… not even with the reciept Cimac?.. lol
May 16, 2016 at 11:15 #22500Dont use em houd.. but as K would say all crooks!… lol
May 16, 2016 at 15:18 #22501No refunds required as this rally in US rth would allow
stops to be put in for a profit, regardless of what
happens this week 🙂Never give up, never surrender.
May 16, 2016 at 15:43 #22502No refunds required as this rally in US rth would allow
stops to be put in for a profit, regardless of what
happens this week
Just shows you can get the count pattern delta etc wrong but if you get
the trend for your initial timeframe right then you can make profits.Never give up, never surrender.
May 16, 2016 at 19:36 #22508That is good enough or high enough for me to close longs
and say thank you. I will be taking a back seat for the
rest of this week and pick up again after options expiry.Never give up, never surrender.
May 17, 2016 at 18:09 #22513I am busy this week having decided to hang up my gun until
after this weeks options expiry.However, small short Dow 17601 incase we get an up tick OE.
Never give up, never surrender.
May 17, 2016 at 18:39 #22514I am busy this week having decided to hang up my gun until
after this weeks options expiry.However, small short Dow 17601 incase we get an up tick OE.
Correction small long Dow 17601
Never give up, never surrender.
May 17, 2016 at 19:32 #22518Dow bulls look in trouble with a potential 17500 retest.
All may not be lost as we could be seeing a odd type of db
seen in triangles. Not for widows an orphans to trade.Small long Dow 17500 … you only live once 😉
Never give up, never surrender.
May 17, 2016 at 20:00 #22521Looks like wednesday the US has to rally or euroland fall
to bring back some sort of pro rata valuation.Happy days.
Never give up, never surrender.
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