Week starting 02/12/13 onwards

[gekko]

https://www.youtube.com/watch?v=9vuh9bPrbjE

 

oscar expecting a bounce!

[cimac]

Atm they are flushing the Dow bulls but whilst Ftse holds
above 6450 the whole bull case is just asleep, imho.

Still the markets are as stormy as some parts of the UK
so only go out to play if your brave or silly.

Never give up, never surrender.

[cimac]

We could well see wider spreads around NFP friday and
that would be atleast US stocks and $ FX pairs.

It may cause problems for those who use tight stops
as they would be easy meat, imho.

Never give up, never surrender.

[Khalsa]

cimac wrote:

Good to hear you beat the flu ‘K’. I took action lastnight and closed my two Cable
shorts for a combined b/e. Opened again at 1.6383 but this is a guard only
against a surprise drop as I expect we will go
into 1.64′s or more before this tops out.

Thank you Cimac. However I am still beating the mustard flu. It is a lingering, persistent crook!

Hope you are well.

Sorry for the absence lately but will surely help out whenever I can here as soon as I can devote some time

Plan your trade, trade your plan!

[Papillon]

Same pattern all day today, every uptick immediately sold off and then some.

[cimac]

Well Ftse 6450 & Dow 15800 & Cable 1.63 have so far held
and or been supportive.

Let’s see what NFP reaction we get at 13:30 today.

Never give up, never surrender.

[cimac]

NFP numbers good initial reaction bad but that will
not pay Xmas bonus etc etc so a different view has
to be found …. crazy US markets.

Never give up, never surrender.

[cimac]

If the NAS is still the US leader then bears look away now.

Never give up, never surrender.

[cimac]

Next major scheduled US QE type news is FMOC in the last
full trading week of 2013 and followed by Dec OE.

Between now and those events it’s anyone’s guess re the
twists and turns we may be faced with.

Never give up, never surrender.

[cimac]

Worth a look at eur:usd which had a ‘h’ in Oct and
a ‘l’ in Nov and now is at another fib retrace within
that same h-l range at 1.37 zone.

Never give up, never surrender.

[Author]

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