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cimac.
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June 23, 2020 at 13:58 #32292
Small short Ftse at 6350 … stop 8350 … limit 5350
The 1st in a multi part short position.
I expect this trade to go under water as posted previous.
When the ‘B’ wave bear market rally ends we will get the ‘C’.
Then you can call me big ‘C’imac 😉
Never give up, never surrender.
June 23, 2020 at 15:10 #32293Anyone holding long overnight has probably woken up to there stops hit and the market way higher.pretty vile market both ways.
Totally agree, I don’t think long hs been an easy ride with all the constant negative news flow.
The latest catch phrase on the figures by the bloomie bimbos is “Not as bad as expected”.
Plan your trade, trade your plan!
June 23, 2020 at 15:13 #32294Small short Ftse at 6350 … stop 8350 … limit 5350 The 1st in a multi part short position. I expect this trade to go under water as posted previous. When the ‘B’ wave bear market rally ends we will get the ‘C’. Then you can call me big ‘C’imac 😉
Love it, makes total sense.
I just got so annoyed that I expected lower yesterday, but got it today vi a mega spike down at 3am, and yet still made nothing from it and am sitting on underwaters that would have been nicely in.
Therefore I left the K opening trade today.
Plan your trade, trade your plan!
June 23, 2020 at 16:53 #32295OK recovered from my strop now, I put limits in to short 3150.8 SPX and they have been hit.
Lets see what happens.
Plan your trade, trade your plan!
June 23, 2020 at 17:44 #32296My project Bull/Bear rates this week as ‘AABBC’
It’s a 24/7 system and if markets were open saturday it would be a ‘D’
So we have a week where the shift is from bullish to bearish and that
is enough for me to keep a Ftse short running.Never give up, never surrender.
June 23, 2020 at 18:18 #32297Good.
I am at the stage where I am expecting a 200/300 point move down again.
When and where from? That’s the question.
I think anytime soon personally.
Plan your trade, trade your plan!
June 23, 2020 at 20:40 #32298SPX simple chart: line of resistance at 3150…
Attachments:
You must be logged in to view attached files.June 23, 2020 at 20:44 #32300SPot on Hatman, hence why I shorted the 3150.8 earlier.
Above that you get your mega bullish call.
Until then I am hopeful of a 200/300 point fall.
QUite how the hell you can play that and stay short for it with the FED on the bid, no idea, but I will try my best and play it as always.
For a start I need overnight limits to close in always now so that I don’t miss “events” like last night.
Plan your trade, trade your plan!
June 23, 2020 at 20:47 #32301FOr starters I need to decide what to do with the 3150.8 short.
I am a real fan of bankings every day to finance the underwaters.
Sadly I have no bankings today.
Tempted as always to run it for now, but terrified of shenanigans
Plan your trade, trade your plan!
June 23, 2020 at 20:53 #32302Small gap at 3124 needs filling
June 23, 2020 at 21:39 #32303Right I have come to a decision.
I have 27 points in todays short but I am going to run it into tomorrow.
I fully expect a globex ramp / early RTH ramp, but I have given up caring about that. The mustards can do what they want.
For now my focus has to be on my call for lower prices.
I would rather make 50 points on this than the 30 points I will be able to take shortly.
Let’s see.
Plan your trade, trade your plan!
June 24, 2020 at 05:54 #32304In the UK bricks & mortar are part of the feel good factor
so anything related to that is very important.Retail rents are falling due at the end of this month and so
there will be quite a struggle betwixt tenants and landlords.I expect financial failures on both sides to mount up as the
money to satisfy both parties is just not there.The cake has got a lot smaller and there are no candles !
Never give up, never surrender.
June 24, 2020 at 09:19 #32305Right I have come to a decision. I have 27 points in todays short but I am going to run it into tomorrow. I fully expect a globex ramp / early RTH ramp, but I have given up caring about that. The mustards can do what they want. For now my focus has to be on my call for lower prices. I would rather make 50 points on this than the 30 points I will be able to take shortly. Let’s see.
Good, that’s all I have to say. There was as sual a stupid bounce overnight but here we go.
Limits hit for 50 points on my 3150.8 short.
Plan your trade, trade your plan!
June 24, 2020 at 09:40 #32306Nice banking k.
My plan for today is to find a low to buy for the journey back up,might be wrong but once it starts falling properly im expecting more aggressive selling than this to start with.much below 3080 and i might flip,but for now…June 24, 2020 at 11:42 #32307Thanks Houd. I can see exactly why you would have that plan. Its worked so until it stops working, one has to back it.
RTH is the key for me.
Does DAX do its usual -400 day later?
Plan your trade, trade your plan!
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