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<div class=”d4p-bbt-quote-title”>baaa wrote:</div>
silver at 15.20 support , where the wave 5 = depth of the wave 4 triangle. took a punt , stop below 15.took off half for 30 pips . Stop on the rest at 15.10 for a free ride. be nice if that was it , as you say Dan.
100pips up on the position now- must be short covering . maybe putin gonna set his sat nav after the g20 to give it some more spice.
https://m.youtube.com/watch?v=lJN4TkcvhmU
Interesting interview …
a bit on spoos at about 29 m 30 sec.
Nextweek we have
Bradley date on thursday 20th
OE on friday 21st
New moon on saturday 22ndThis grouping will alert traders to watch for a possible cit
and unless we get going down right away it would favour
some sort of high.Never give up, never surrender.
Stats for OE week show the odds favour.
Down monday and tuesday
Up wednesday thursday fridayNo indication of amplitude.
Never give up, never surrender.
Stats for OE week show the odds favour.
Down monday and tuesday
Up wednesday thursday friday
No indication of amplitude.Of the five days the wednesday and friday show
the best odds of following the stats.But stats are just history and nextweek we get
to write more of it.Never give up, never surrender.
G20 pledge to boost global economic growth over five years
by 2.1% more than expected.G20 finance ministers close to stimulus package.
http://www.bbc.co.uk/news/business-29304286EcB are expected to announce more details of what they
plan as part of their version of QE which as we know
markets have been waiting for. It seems that this
will annouce before Xmas and could be the last
hoorah for world stock markets.Never give up, never surrender.
G2O agreement is set out in a document you can download called
the Brisbane Acction Plan.Each of the G20 member countries plans to increase GDP by more
than 2% above what the IMF projected for the period 2013-2018.It’s ambitious and we await the markets reaction nextweek.
Never give up, never surrender.
I have seen a chart prediction for the Ftse to hit 6670 in
this current move. The problem is how much time you give
it as something higher like 6725 comes into view then.Dow megaphone looks ready to drop but if it does not then
we would have a surge higher as a new leg and the other
bit of the megaphone would look like an ‘abc’ triangle.I guess in some way the Ftse and Dow will sing the same
kind of song atleast by time but not pattern.Nextweek is key only a large move up or down would be
enough to clean the charts otherwise we are likely
to get more flip flop which delays the decision.Never give up, never surrender.
Now short Ftse 6651
Ftse ooh quotes indicate a gap down but I will
be in there with stops to cover any gap close.Never give up, never surrender.
Recession, that is what will kill this market eventually.
For now we have atleast paid tribute to the oe monday odds
of down but trail those short stops.Never give up, never surrender.
I am still beta testing the trading methods I would like to
use for my new project in January.Today we had the gap down and if will fill and then go
down to end the day in the red, I will be very encouraged
that my work is going in the right direction.Time to go out back after lunch.
Never give up, never surrender.
Ftse late weakness or a gap down tuesday will do but
either way a dip below current lod is what I want 🙁Never give up, never surrender.
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