Viewing 15 posts - 46 through 60 (of 143 total)
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  • #32292
    cimac
    Participant

      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.

      #32293
      Khalsa
      Moderator

        Anyone 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!

        #32294
        Khalsa
        Moderator

          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 😉

          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!

          #32295
          Khalsa
          Moderator

            OK 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!

            #32296
            cimac
            Participant

              My 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.

              #32297
              Khalsa
              Moderator

                Good.

                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!

                #32298
                hatman
                Participant

                  SPX simple chart: line of resistance at 3150…

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                  #32300
                  Khalsa
                  Moderator

                    SPot 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!

                    #32301
                    Khalsa
                    Moderator

                      FOr 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!

                      #32302
                      houdini
                      Participant

                        Small gap at 3124 needs filling

                        #32303
                        Khalsa
                        Moderator

                          Right 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!

                          #32304
                          cimac
                          Participant

                            In 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.

                            #32305
                            Khalsa
                            Moderator

                              Right 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!

                              #32306
                              houdini
                              Participant

                                Nice 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…

                                #32307
                                Khalsa
                                Moderator

                                  Thanks 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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