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We start with two questions before we risk trading.
Will the 31st August spx low provide support.
What will be the reaction to friday’s NFP.
Never give up, never surrender.
I will wait and see if we get a rally to ….
Ftse 6900
Dax 10700
spx 2185
Dow 18550then decide what looks the best odds of a profit.
Never give up, never surrender.
Atm it looks to be falling into NFP which opens
the door to a larger move in both directions.Too risky to guess.
Never give up, never surrender.
I’m hoping for the rally to continue into Monday so I can short from higher levels again.near enough double bottom yesterday held.nfp is the spanner in the works though.2180 would do me.
We have STD s1 today and bookends s4 monday (US Labor Day).
NFP pre and post action would be a guess so it could be a
good plan to let it pass by before trading. Maybe take a
four day break and see where we are on tuesday. I would
like a run at ath’s for a short, sometime next week but
we seldom get what we want and just have to trade the
market from wherever it is 😉Never give up, never surrender.
Euroland and US futs rally and we could see that
pushed all the way to the closes.More likely that is move 1 and we could get another 3 !
Never give up, never surrender.
Dan, have you noticed any difference in your business
since the Brexit vote ?Never give up, never surrender.
Short Ftse 6900 – stop 7300 – limit 4400
Never give up, never surrender.
I will wait and see if we get a rally to ….
Ftse 6900
Dax 10700
spx 2185
Dow 18550then decide what looks the best odds of a profit.
We hit all of those prices.
Never give up, never surrender.
The months of Sept Oct Nov have tended to be tricky
for both bulls and bears and this is also a year
with a US election. If that were not enough we
have stock markets fueled by QE !So only trade with money that you can spare.
I am going to fine tune my plans and return to
my normal size trades.Goodluck to those still standing 😉
Never give up, never surrender.
Short Ftse 6900 – stop 7300 – limit 4400
I was bored at 07:00 and traded the Ftse ooh mini pop & drop
but instead of taking 16.5 pts I closed the short 6900 and
have now reopened the short higher up.Short Ftse 6916
Until we see the US rth tuesday and EcB thursday it is my
only position.Never give up, never surrender.
Its proving incredibly resilient cim.maybe we just hang around up here shaking weak longs and shorts out for most of September,can’t believe its not started down yet after the move up we’ve had.a blast off to the upside just yet looks a bit far fetched
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