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Khalsa.
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April 14, 2020 at 15:05 #30094
Small short Dow at 24004 … stop 25000 … limit 23000
This is more of a keeper but 100pt profit protected by stop
would be first base.Never give up, never surrender.
April 14, 2020 at 15:05 #30095Short DAX 10782
Plan your trade, trade your plan!
April 14, 2020 at 15:07 #30096No GFS sadly, but I certainly still see the early high idea, just sadly not getting the signal I wanted for the gap fill.
Plan your trade, trade your plan!
April 14, 2020 at 15:10 #30097Neither US nor UK can lift the quarantine as it stands. The economy is at a standstill.
Bailing out BBB and junk companies is a recipe for disaster, but that’s going very forward.
We need to just get through today for now. Tomorrow is another day.
Plan your trade, trade your plan!
April 14, 2020 at 15:13 #30098Great expectations of the unwinding of lock down
and economic recovery.Never give up, never surrender.
April 14, 2020 at 15:15 #30099So if we look at good old fundamentals, ie. PE ratios, this is sheer madness. The market is approximately 10% off the all time highs. How can that possibly be pricing in a recovery?
The great news is I am over posting, when I do that it means I am very perplexed and logic really has failed me. When that happens I know that others must be feeling so much pain (in this case being short). When that happens we usually are very close to a turn. I plan is for today, but who knows?
Plan your trade, trade your plan!
April 14, 2020 at 15:18 #30100A lot of debt, will only be, can only be, paid back to banks
if companies can restart and retain customers.The same applies to ordinary workers of those companies.
It’s a great unknown.
Never give up, never surrender.
April 14, 2020 at 15:23 #30101Well its 3.20pm guys. Was that a meaningful high. Sure does not look it.
Plan your trade, trade your plan!
April 14, 2020 at 15:24 #30102Dow is now above 24000 and into that zone which it ‘should’
have returned to late last thursday. I think it would
but for the Easter holidays.Dow 22000/23000 bears vs 24000/25000 bulls
We go back again to this … it is not decided who wins
unless the 2nd targets are hit, better broken. imho.Never give up, never surrender.
April 14, 2020 at 15:27 #30103Well its 3.20pm guys. Was that a meaningful high. Sure does not look it.
I am happy from a technical view point that the Dow exceeded 24000.
Don’t call me greedy but I would now like to be happy with another
few more pts profit.Never give up, never surrender.
April 14, 2020 at 15:29 #30104Well that way, way overextened price wise for me.
Time wise it was perfectly in the zone.
Now how deep can we fall, it would be miraculous if it does, looking at that tremendous open.
Plan your trade, trade your plan!
April 14, 2020 at 15:53 #30105A very shallow retrace so far. Its basically come back to my entry price on ES and now hanging around there.
Plan your trade, trade your plan!
April 14, 2020 at 16:05 #30106FTSE the most intelligent of them all. It lost all the rally it put on.
Plan your trade, trade your plan!
April 14, 2020 at 16:13 #30107Small short Dow at 24004 … stop 25000 … limit 23000
This is more of a keeper but 100pt profit protected by stop
would be first base.Closed 23700
Never give up, never surrender.
April 14, 2020 at 16:14 #30108What we do ot want is a circa 4.30pm low now. That would not suit bears.
Plan your trade, trade your plan!
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