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Zarif.
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September 24, 2020 at 16:34 #33143
guru buy dax 12585 sl 12460 ok i took my first trade
short dax 12615.77 limit 12460
lets see how it end up
September 24, 2020 at 16:45 #33144guru 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!
September 24, 2020 at 18:47 #33145I think the Dow will go lower than today.
The low needs time.
Dow 28000 would prove this idea wrong.
Never give up, never surrender.
September 24, 2020 at 18:53 #33146I 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.
September 24, 2020 at 21:06 #33147Yom Kippur is Sunday and Monday.
September 25, 2020 at 02:28 #33148SPX: 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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You must be logged in to view attached files.September 25, 2020 at 02:32 #33150NASDAQ 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.
Attachments:
You must be logged in to view attached files.September 25, 2020 at 03:48 #33152DOW: 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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You must be logged in to view attached files.September 25, 2020 at 03:52 #33154DXY: 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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You must be logged in to view attached files.September 25, 2020 at 05:16 #33156Yes it would all fit nicely if the low was monday.
Never give up, never surrender.
September 25, 2020 at 10:59 #33157Euroland stocks take a hit as the party mood fades.
Like to see US stocks get all moody later 😉
Never give up, never surrender.
September 25, 2020 at 11:41 #33158guru 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
September 25, 2020 at 11:46 #33159Awesome 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!
September 25, 2020 at 12:01 #33160Dow 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.
September 25, 2020 at 18:21 #33161Still 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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