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Viewing 15 posts - 16 through 30 (of 34 total)
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  • #3534
    smashie212
    Participant

      I would have loved to have taken that short but didn’t wish to risk another underwater. As mush as the ktb record is so good, I also can’t help thinking of the ms at 1797. I know they can go out a long way first on occassions, but I think they virtually always come in…. without looking I don’t remember an ms going out more than 60 odd pts. Are there any ms short targets un hit lower down Kman?

      There are divergences happening with each new high – always a good sign if ur in bear mode

      #3536
      Khalsa
      Moderator

        Got delayed on my errandes.

        The down gap has been filled.

        Closed DAX at 9713.5 for 28 points.

        I could have done better or even scalped it multiple times.

        I am just so happy that both trades have been closed from yesterday for good profits.

        Plan your trade, trade your plan!

        #3537
        smashie212
        Participant

          was the gap  at 1833  on spx?

          #3538
          MAURITIUS
          Participant

            Bernanke talking

            #3539
            Khalsa
            Moderator

              Actually that was not so clear Smashie. I was referring to ES and it meant to say the “gap down” has filled. Ie todays gap down.

              The lower gap on ES is unfilled at 1833 (low today was 1834.50)

              SPX wise the gap below is at 1838.88 and 1819.2,

              Plan your trade, trade your plan!

              #3540
              Khalsa
              Moderator

                1841 is resistance now but really no idea as we have printed a -7 to the dot as a low as per plan of POST1

                Plan your trade, trade your plan!

                #3541
                smashie212
                Participant

                  thanks  – gap sandwich then ?

                  Notice Dow never made a new high although other indices did ?

                  ongoing divergence/ non-confirmation….

                  #3542
                  Khalsa
                  Moderator

                    Indeed Smashie. It does look weak but in one of those  moods that it does not seem to want to fall.

                    1840 is the resistance now

                    Plan your trade, trade your plan!

                    #3544
                    Khalsa
                    Moderator

                      I closed DAX at 9713.5 earlier.

                      It is now 9735 to short.

                      WIth Intel after the bell, I am in no hurry to short it

                      Plan your trade, trade your plan!

                      #3545
                      MAURITIUS
                      Participant

                        It doesn’t want to fall or go up….

                        Intel…maybe a pop and drop like it used to be…?

                        Got someone interested in buying my card shop. Would love to free up some cash but am not sure many folks are willing to pay much for shops at the moment. I will have to put my ” the economy is recovering nicely hat” on…lol

                        Dan.

                        Dan.

                        #3546
                        MAURITIUS
                        Participant

                          http://www.bloomberg.com/news/2014-01-16/metals-currency-rigging-worse-than-libor-bafin-s-koenig-says.html

                          Germany’s top financial regulator said possible manipulation of currency rates and prices for precious metals is worse than the Libor-rigging scandal, which has already led to fines of about $6 billion.

                          #3547
                          MAURITIUS
                          Participant

                            I get the feeling tomorrow will be a  big gap one way or the other….

                            #3549
                            Khalsa
                            Moderator

                              It really is 50/50 Dan if its up or down at this stage.

                              Plan your trade, trade your plan!

                              #3550
                              MAURITIUS
                              Participant

                                What do you reckon Intel will say?

                                #3551
                                Khalsa
                                Moderator

                                  Normally Dan I always go for a guess as to what Intel will say.

                                  I know PC sales are well down and I also know that Intel are not the leader in mobile chips.

                                  One would assume from that the Sales numbers and guidance will be bad.

                                  I really do not want to guess it as if I do I will want to play it lol.

                                  Reality from the above says down, crookedness says they fudge the numbers and up

                                  Take your pick!

                                  Plan your trade, trade your plan!

                                Viewing 15 posts - 16 through 30 (of 34 total)
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