Viewing 15 posts - 226 through 240 (of 297 total)
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  • #33143
    stathis20
    Participant

      guru buy dax 12585 sl 12460 ok i took my first trade

      short dax 12615.77 limit 12460

      lets see how it end up

      #33144
      Khalsa
      Moderator

        guru buy dax 12585 sl 12460 ok i took my first trade short dax 12615.77 limit 12460 lets see how it end up

        Awesome, contratrader 😂

        Plan your trade, trade your plan!

        #33145
        cimac
        Participant

          I think the Dow will go lower than today.

          The low needs time.

          Dow 28000 would prove this idea wrong.

          Never give up, never surrender.

          #33146
          cimac
          Participant

            I think the Dow is about to start the 5th wave down.

            Call it ‘abcd’ done soon to start ‘e’

            This could be tosh as it’s been many hours following
            the market today and I could be seeing things !!

            Never give up, never surrender.

            #33147
            hatman
            Participant

              Yom Kippur is Sunday and Monday.

              #33148
              hatman
              Participant

                SPX: the likely falling wedge for ‘C’ continues and it looks like yesterday printed point ‘d’.  If so, SPX should now try to print ‘e’.

                The target for the bigger ABC is 3,165/70.

                It can drop from here straight to the target.  However I suspect it might make a more clean three wave abc.  It *might* try for the round number 3,200 first, bounce, then try for 3,170 afterwards.

                I believe Friday is STD 1 and Monday STD 4, so a low late Monday would make sense.

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                #33150
                hatman
                Participant

                  NASDAQ COMP:  for the COMP there is a target at 10,476 or so where the bigger ABC is C=0.618.  The falling wedge isn’t quite so clear here, but is valid.

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                  #33152
                  hatman
                  Participant

                    DOW:  I originally had 26,000 or so for the C=A target.  Looking again I see it’s actually nearer to 26,480.

                    This presents a quandary because the DOW gas already visited that area.

                    Still, the final move of a wedge can be ‘truncated’ so we’ll have to wait and see what happens.

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                    #33154
                    hatman
                    Participant

                      DXY:  lastly, the DXY is very close to the c=a target at 94.7.  It has touched 94.5 which might be enough, or it might need one more small wiggle higher.

                      The overlap target lies higher at 95.7, so I’m plotting this as the first ‘A’ of a larger ABC.

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                      #33156
                      cimac
                      Participant

                        Yes it would all fit nicely if the low was monday.

                        Never give up, never surrender.

                        #33157
                        cimac
                        Participant

                          Euroland stocks take a hit as the party mood fades.

                          Like to see US stocks get all moody later 😉

                          Never give up, never surrender.

                          #33158
                          stathis20
                          Participant

                            guru buy dax 12585 sl 12460 ok i took my first trade short dax 12615.77 limit 12460 lets see how it end up

                            Awesome, contratrader 😂

                            What a shame i was unable to watch the market they were far more points to the trade

                            anyway 155.77 points is not bad. I should had take the trade with IG not lcg.

                            LCG always gives the limit IG will had give me a few more points because the market sliced through 12460

                            guru now says buy 12395 s/l 12200 tp 13600 LOL

                            i am sure we will see 12200 but now is too late to take a trade

                            #33159
                            Khalsa
                            Moderator

                              Awesome Staths, I would love 12200 on Dax, but if we see my 3100 on SPX everything should be even lower. Really hoping it all works out.

                              Plan your trade, trade your plan!

                              #33160
                              cimac
                              Participant

                                Dow is very tricky … like hatman I had lower targets
                                near to 26000 but I doubt that entry would get filled.

                                I have done good this week and I will no doubt take a
                                long on the Dow 26000 – 26500 risking profits.

                                There is a growing feeling that ‘news’ will drive up
                                these markets next week backed by astros and the
                                fact that reality is not priced in until 2021 😉

                                Take care guys there are many big sharks in this sea.

                                Never give up, never surrender.

                                #33161
                                cimac
                                Participant

                                  Still watching the Dow and it looks like my trading week
                                  is done because I can not see a profit at these prices.

                                  The drop sub Dow 26600 may have been all she wrote !

                                  Never give up, never surrender.

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