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Khalsa.
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April 21, 2020 at 09:58 #30335
I would like to fine tune my 2020 bull/bear indicator
but atm it eludes me how. Still time tells all.Days are classed thus –
A Bull
B Bullish
———
C Bearish
D BearIn normal times you would expect a transition of one position
at a time ie ABCBCD etcThis week Monday=C then Tuesday=A Wednesday=A Thursday=A Friday=A
It’s that jump from C to A which caught my attention last week.
However nothing is proved until or unless we get a sharp rally.
Never give up, never surrender.
April 21, 2020 at 10:45 #30336Dow has given plenty of movement for bears and bulls at times.
I am now done trading this Dow drop. I have one entry now
at what I think is one of the ideal entry points. It may
not seem so ideal when rth kicks off later !Small long Dow at 23248 … stop 22248 … limit 25248
Never give up, never surrender.
April 21, 2020 at 10:49 #30337Today I am perplexed. I have no plan as it stands becuase I see nothing definitive. It could bounce here if it wants but more chance of a continuation down.
Plan your trade, trade your plan!
April 21, 2020 at 11:31 #30338Today I am perplexed. I have no plan as it stands becuase I see nothing definitive. It could bounce here if it wants but more chance of a continuation down.
Mon Capitan we will soon know if your right about the bear market rally being over.
I will hold my single Dow long and not add or change
anything until we know if we get the expected cit.Never give up, never surrender.
April 21, 2020 at 13:05 #30339Well so far so good and the down has sure been a journey of patience.
Looking to close shorts before RTH open, probably now ish
Plan your trade, trade your plan!
April 21, 2020 at 13:09 #30340Short Dax 10661 and SPX 2859 as per 4.30pm high. I maybe a little early or totally wrong, but going to continue to follow the plan.
Closed DAx at 10319 for 342 points profit
Closed SPX at 2762.4 for 97 points profit.
That’s phenomenal and happy with that.
Over now to RTH open for the next trades.
Plan your trade, trade your plan!
April 21, 2020 at 13:11 #30341I so want to long it here into RTH open.
Paper long SPX 2761.1
Plan your trade, trade your plan!
April 21, 2020 at 13:19 #30342I so want to long it here into RTH open.
Paper long SPX 2761.1
Blimey … first negative oil and now ‘K’ paper trading.
These are very unusual times.
Never give up, never surrender.
April 21, 2020 at 13:20 #30343lol Chris, just cannot bring myself to long this market today (yet).
Plan your trade, trade your plan!
April 21, 2020 at 13:26 #30344lol Chris, just cannot bring myself to long this market today (yet).
Don’t blame you. I spent half the night trading myself out of the do-do.
No scheduled US data or news but that does not say we won’t
get something thrown in to save someone or something !Trump needs wallstreet to get him reelected and he has
already got the Fed buying up everything.Never give up, never surrender.
April 21, 2020 at 13:28 #30345lol Chris, just cannot bring myself to long this market today (yet).
Don’t blame you. I spent half the night trading myself out of the do-do. No scheduled US data or news but that does not say we won’t get something thrown in to save someone or something ! Trump needs wallstreet to get him reelected and he has already got the Fed buying up everything.
No doubt about it Chris, you are spot on. “Don’t bet against the FED” and I won’t in general but this being the bear rally for me I had to short it back down for now.
Plan your trade, trade your plan!
April 21, 2020 at 13:28 #30346Hmmm… wonder why the Pound is down so much today…
April 21, 2020 at 13:28 #30347Your a seasoned pro ‘K’ … I treat the markets like a fruit machine 🙂
Never give up, never surrender.
April 21, 2020 at 13:30 #30348Hmmm… wonder why the Pound is down so much today…
Yes and why is the Ftse not down so much.
Never give up, never surrender.
April 21, 2020 at 13:30 #30349Stories emerging that the next round of USA Coronavirus Stimulus might be passed today…
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