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- This topic has 202 replies, 8 voices, and was last updated 4 years, 2 months ago by
houdini.
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May 27, 2020 at 15:01 #31521
I will let today’s Ftse short trade run all week now.
Never give up, never surrender.
May 27, 2020 at 15:02 #31522Oil has remained my best position. In all this nonsense, it never went into a loss.
Happy to wait on this one until fruition.
Oil inventories at 3.30pm
Plan your trade, trade your plan!
May 27, 2020 at 15:05 #31523I will let today’s Ftse short trade run all week now.
Wow Chris, never seen you hold on to a position more than a few hours normally.
Plan your trade, trade your plan!
May 27, 2020 at 15:09 #31524Captain no oil inv today as Monday was holiday oil inv tomorrow at 4 pm uk time Sir
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
May 27, 2020 at 15:21 #31525Captain no oil inv today as Monday was holiday oil inv tomorrow at 4 pm uk time Sir
AH thank you so much Zarif Bhai. Eid Mubarak, sorry I am late in wishing you.
Plan your trade, trade your plan!
May 27, 2020 at 15:51 #31526I will let today’s Ftse short trade run all week now.
Wow Chris, never seen you hold on to a position more than a few hours normally.
ABBCD was the rating so we are kind of halfway from Bull to Bear.
I will see where we are on friday, a lot lower I hope.
Never give up, never surrender.
May 27, 2020 at 18:20 #31527Short SPX 3003.7.
Fully expect the scenic route.
Plan your trade, trade your plan!
May 27, 2020 at 19:04 #31528Did you just see that spike up?
Well it was becuase of an awful Beige book released moments ago.
Plan your trade, trade your plan!
May 27, 2020 at 19:13 #31529Dear oh dear, my FTSE is now in a loss.
Tempted to just keep the FTSE and SPX,
I really did expect another down move into close. I suppose it can still happen but it sure does not look it currently.
Plan your trade, trade your plan!
May 27, 2020 at 20:15 #31530Dow very odd but looks like S4H … closes near hod.
Big drop thursday
Never give up, never surrender.
May 27, 2020 at 20:16 #31531Short SPX 3003.7. Fully expect the scenic route.
SO it fell 70 points from 3040 to 2970 in a flash yes somehow it has managed to grind back up to 3020 all day after that.
Even I will run out of patience with these markets.
This is why they say “Don’t fight the FED”
Plan your trade, trade your plan!
May 27, 2020 at 20:30 #31532Dow very odd but looks like S4H … closes near hod. Big drop thursday
How big is big.?What you thinking Chris becuase I am thinking exactly the same.
I expected down into 8.50pm ish. When it does not do that, it usually corrects the next day.
Plan your trade, trade your plan!
May 27, 2020 at 20:34 #31533Dow and NYA both exceeded my ‘wave 1’ targets by too much. My small short position was stopped out at a loss.
There is clearly ‘something else going on’ but quite what is difficult to say.
It’s possible that the ‘wave C’ upwards move is changing from a ‘five’ pattern to some form of rising wedge (which would be common for a C wave of course.
In which case we need to see if the current move develops into a ‘three’.
For the Dow a c=0.618 three pattern has a target in the area 25,374/25,474.
May 27, 2020 at 20:40 #31534Yes hatman I agree with those Dow numbers … hit before midnight.
Rather annoying my timing project has the ‘h’ after US close.
Maybe the futures will leave a little marker or stop out bears.
Never give up, never surrender.
May 27, 2020 at 20:58 #31535Wow it managed to grind its way all the way back the the highs.
Downs are short and sharp.
Ups are grind SU
Really mad stuff. The economy is still closed. No hotels, holidays, planes, leisure and so much more.
Plan your trade, trade your plan!
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