Viewing 15 posts - 91 through 105 (of 256 total)
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  • #31265
    houdini
    Participant

      Morning all..i can think of a few worse places to wake up hatman! Lol..damn futures being bought up again as usual,knew i should of closed my short last night..trailing stop not far from being hit.

      #31266
      cimac
      Participant

        The next kpad social event should be in South Korea
        much better than Manchester in the rain 😉

        Never give up, never surrender.

        #31267
        cimac
        Participant

          Tuesday is Cycle Day 1 … stocks attempt to find a ‘l’

          Today is Cycle Day 2 … buys from CD1 are run higher.

          Note: this current 3 day cycle applies to US stocks only
          as unlike STD it is based on rth days, not holidays
          and weekends.

          Never give up, never surrender.

          #31268
          stathis20
          Participant

            Good morning all, move my BE to +60 and my limit to +355 on my dow short at 24503.5.

            Recently i have seen a graph how retail share trading for the 2 big usa firms has risen from 1 million to 4+ million. Also i noticed that in uk all the tabloids have stories about young people becoming rich trading even the BBC had a story like that.

            Friends that do not touch the market called me and told me they are thinking of day trading during the covid 19 lock down.

            So there is a new group of people that the market has to get their money hence i expect the market behavior to change forget fundamentals i would not be surprise to see ATH is all about stealing the money from the amateurs.

             

            #31269
            Khalsa
            Moderator

              Interesting you say that, same here also Staths.

              However not sure about ATH, as the newbies will most likely be longing and buying shares and to make them lose, the market will need to go down.

               

              Plan your trade, trade your plan!

              #31270
              stathis20
              Participant

                out of dow short +60 and i really want to short dax but i am too busy to follow the

                market and look too strong for no good reason so something else might be brewing underneath

                #31271
                houdini
                Participant

                  Stops hit and out for a pittance..over 35 handles in profit last night! (Groan) the futures support brigade are doing a mighty fine job,over to rth now.lean is tough..i had monday as s3l,but yesterday looked like s4l,meaning s1h today and another grind up.what do you have it as cim?

                  #31272
                  houdini
                  Participant

                    Stops hit and out for a pittance..over 35 handles in profit last night! (Groan) the futures support brigade are doing a mighty fine job,over to rth now.lean is tough..i had monday as s3l,but yesterday looked like s4l,meaning s1h today and another grind up.what do you have it as cim?

                    #31273
                    hatman
                    Participant

                      Out of the market.  Happy to stand aside while I see what develops.  High risk here of a ‘five up’.  Alternative is middle section of expanded flat, in which case much lower prices beckon (least likely scenario IMO).

                      If ‘five up’ Dow 23,900 area is likely for ‘5’.

                      #31274
                      cimac
                      Participant

                        If the Bears want honey then today is their last chance.

                        Thursday Friday Saturday Sunday Monday rated ‘A’ for the Bulls.

                        Nothing is written in stone but so far in 2020 when there
                        has been a setup like that we got a decent rally.

                        Odds are we get a run at hatman’s Dow 24900 even if he
                        calls it 23900 😉

                        Never give up, never surrender.

                        #31275
                        hatman
                        Participant

                          Okay, 24,900.  Old age.

                          #31276
                          hatman
                          Participant

                            64 in April.  65 next year.  After that I get my old age pension.  Do you get that Cimac?  Is it about 600 Pounds per month or something?

                            #31277
                            cimac
                            Participant

                              64 in April. 65 next year. After that I get my old age pension. Do you get that Cimac? Is it about 600 Pounds per month or something?

                              I retired at 49 … I will be 68 in July

                              I would have thought that you can expect more than £600
                              per month under the New State Pension rules.

                              Never give up, never surrender.

                              #31279
                              hatman
                              Participant

                                Good. I need the money…

                                #31280
                                hatman
                                Participant

                                  Watch out for the ‘five up’.  It might not happen, but…

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