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Breaking news …. US cases rise 1.2%. They really don’t care about anything at the moment.
China and India are facing off each other on the border.
China / US are having massive tensions.
Coronavirus cases are still there in the millions across the world.
Plan your trade, trade your plan!
I remember the 2000 crash well. There was no QE in those days. If the market was bearish, it fell, if it was bullish, it rose. There were bear market rallies and it would fall again.
Trading books are absolutely meaningless in these markets. Conventional fundamentals stand for nothing.
This QE world we live in has skewed things so much.
Plan your trade, trade your plan!
lol and through all of this TRUMP maintains he is the best president becuase the stockmarket is near all time highs.
Plan your trade, trade your plan!
Today the TOD’s have been very wrong.
Again that is a sign of crookedness and usually the next day it corrects.
We shall just have to wait and see what awaits us tomorrow.
Plan your trade, trade your plan!
This crackers market cannot die! Who on earth is buying this up here? I mean really? We’ve all heard the “be greedy when others are fearful” soundbite but this is just getting silly now.2 days of early hard selling just shrugged off and back up we go…running an underwater short now myself from 3001.9.not too troubled yet but it can easily go up into early june now..i hope tomorrow can turn out to be a good s1l,only trouble..futures could be up 50 before it drops lol…time for some cheesecake..everything will be clearer after cheesecakeđ¤
You just get the feeling if the market didnt close tonight and carried on..we would of hit a new all time high with nothing more than 3 point pullbacks by the morning..insanity.
Yes hatman I agree with those Dow numbers ⌠hit before midnight. Rather annoying my timing project has the âhâ after US close. Maybe the futures will leave a little marker or stop out bears.
Chris, those numbers have already been exceeded, and the futures are trading up even higher as I write. Clearly something else going on.
I’m *pleased* I got stopped out at a loss earlier in the day otherwise I’d be feeling very glum at the moment. When in doubt – GET OUT!
I’m now standing aside until I see a ‘marker’ that can give some sense to this market madness.
Note that the strength has all the hallmarks of the third wave I was looking for, but the absence of a clean second wave is of concern.
On a happier note I start my yacht sailing course next week. Well, ‘yacht’ probably gives the wrong impression (!) I have to start in small two man sailing dinghys (me and instructor) so I can learn to ‘sail with the wind and against the wind’ before moving up to the larger boats.
As part of the training I need to be taught ‘man overboard’ procedures. In the first instance the man overboard is going to be me! So I get thrown into the ocean while the boat turns around to rescue me. I sincerely hope Jaws is taking his annual holiday in Amity Bay!
This crackers market cannot die! Who on earth is buying this up here? I mean really? Weâve all heard the âbe greedy when others are fearfulâ soundbite but this is just getting silly now.2 days of early hard selling just shrugged off and back up we goâŚrunning an underwater short now myself from 3001.9.not too troubled yet but it can easily go up into early june now..i hope tomorrow can turn out to be a good s1l,only trouble..futures could be up 50 before it drops lolâŚtime for some cheesecake..everything will be clearer after cheesecake
when i use to daytrade i was asking myself who is the idiot buying up here ? whenever i was at a point asking this i was going long instead of short never lost a trade, but they were scalps anyway.
i know is wrong but i could not resist short dax 11827.2 paper trade since i stop trading dax after it did not fill the gap.
having no real position is a position.
Dow futures currently up strongly again here in Far East trading. Have been as high as 25,829. Whether this will follow through into RTH remains to be seen.
ABBCD was the rating so we have moved from Bull to Bear zone.
I am still running a small Ftse short from 6150
into the close on friday.Sunny and I have errands to run but I will walk đ
Never give up, never surrender.
On a happier note I start my yacht sailing course next week. Well, âyachtâ probably gives the wrong impression (!) I have to start in small two man sailing dinghys (me and instructor) so I can learn to âsail with the wind and against the windâ before moving up to the larger boats. As part of the training I need to be taught âman overboardâ procedures. In the first instance the man overboard is going to be me! So I get thrown into the ocean while the boat turns around to rescue me. I sincerely hope Jaws is taking his annual holiday in Amity Bay!
Well done it has to be all about the happier note. Sounds great fun and an adventure.
Enjoy it to the max David.
Plan your trade, trade your plan!
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