Week starting 25/11/13 onwards

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  • #2518
    cimac
    Participant
      • Topics 82
      • Replies 6956
      • Total 7038

      Had a nice rest and spent more time with family and working
      on my business plan for 2014. No larger trades for me until
      after Dec OE and most iikely not until 2014. That is possible
      because I do not need trading profits to fund my life style πŸ™‚

      Cable for me is bullish above 1.62 and bearish below and gets
      very bullish above 1.63 and very bearish below 1.59 and is
      the only market I will trade now in 2013.

      Never give up, never surrender.

      #2519
      cimac
      Participant
        • Topics 82
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        Dow longs should trail stops as it looks like we will
        have three gap ups if today holds, as I think thur and
        friday gap ups never filled open ?

        Sometimes three in a move is all you get with the third
        likely to be the bigun.

        That’s all from me for now, so take care out there πŸ˜‰

        Never give up, never surrender.

        #2520
        hogwash
        Participant
          • Topics 0
          • Replies 113
          • Total 113

          Good to hear from You Cim, all the best.

          #2528
          Khalsa
          Moderator
            • Topics 1069
            • Replies 11585
            • Total 12654

            Great to hear from you Cimac.

            I have started a new thread for the week to place your post ion and all subsequent posts.

            Sorry for the late “Welcome” here but I got called away this morning and have just returned.

            As a welcome gift, SYSTEM MS has just gone short at 1804.75.

            Being WNER day it may take to DAY2 (tomorrow) to print its 5 point and optional 7 point target.

            Today is just typical WNER day with support currently at 1802 and resistance at 1806 (crook sandwich numbers) Break either and it can run with it.

             

            Plan your trade, trade your plan!

            #2529
            Zarif
            Participant
              • Topics 1
              • Replies 377
              • Total 378

              Hola Everybody sorry me a bit aWOL as guest from Munich / Ecquador at home πŸ˜›

               

              CIMAC Wilkommen my man so happy to have you with us and as before Dan beats me up I better serve a special Drink for us all on this frosty day

               

              rgds

              Zarif

               

              Small droplets of rain turn into Rivers, Streams and Mighty Oceans

              #2533
              Khalsa
              Moderator
                • Topics 1069
                • Replies 11585
                • Total 12654

                Great to hear from you Cimac. I have started a new thread for the week to place your post ion and all subsequent posts. Sorry for the late β€œWelcome” here but I got called away this morning and have just returned. As a welcome gift, SYSTEM MS has just gone short at 1804.75. Being WNER day it may take to DAY2 (tomorrow) to print its 5 point and optional 7 point target. Today is just typical WNER day with support currently at 1802 and resistance at 1806 (crook sandwich numbers) Break either and it can run with it.

                Well we did it.

                High was 1805.75 vs 1806 resistance.

                We have printed the 5 point MS target at 1799.75 (low was 1708.50).

                Yeehaa

                Plan your trade, trade your plan!

                #2540
                cimac
                Participant
                  • Topics 82
                  • Replies 6956
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                  Cable in the bear zone, for now.

                  Stock quotes are up again, let’s see what kind of S2 day
                  we get, recently spill has confused the issue, fwiw.

                  Never give up, never surrender.

                  #2541
                  cimac
                  Participant
                    • Topics 82
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                    US bears need a normal S2H with another late drop because
                    seasonal factors etc etc favour the bulls wed & fri either
                    side of the Thanks Giving holiday.

                    IF bears could break Dow 16000 & S&P 1800 & NAS 3400 then
                    they have a chance but as that looks too much atm, it does
                    seem the odds favour more bullish activity, maybe another
                    bucket load of it … place those stops.

                    Never give up, never surrender.

                    #2544
                    cimac
                    Participant
                      • Topics 82
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                      Ftse played like a nice S2H but this US action
                      is all smoke and mirrors atm.

                      When in doubt, stay out.

                      Never give up, never surrender.

                      #2555
                      gekko
                      Participant
                        • Topics 3
                        • Replies 266
                        • Total 269

                        MS does it again, even in this trend. careful it might be due a failure or wild swing out before coming in! πŸ™‚

                        #2559
                        cimac
                        Participant
                          • Topics 82
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                          Ftse into it’s S3H and has been very tradable … what
                          kind of S3H remains to be seen.

                          Cable on the bullish side, for now but again it has a
                          tradable pattern of late.

                          As for the US … not a chance I trade that atm.

                          Never give up, never surrender.

                          #2561
                          cimac
                          Participant
                            • Topics 82
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                            Cable bully performance has taken out a few shorts
                            of which there where too many really.

                            My position is now short at the roundie 1.63 on a
                            view that there will be more downside over time.

                            Never give up, never surrender.

                            #2563
                            hogwash
                            Participant
                              • Topics 0
                              • Replies 113
                              • Total 113

                              #2564
                              cimac
                              Participant
                                • Topics 82
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                                Cheers hog, I like his video and watch on a regular basis.

                                Money management is key as always and for the rest of 2013
                                it could keep the shirt on your back.

                                I suspect there are a lot of bears out there waiting for
                                the margin call etc. Over time it will be the bulls turn.

                                Don’t let it happen to you kpaders.

                                Never give up, never surrender.

                                #2574
                                cimac
                                Participant
                                  • Topics 82
                                  • Replies 6956
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                                  Seeing some big predictions for EOY US stocks.

                                  As for Ftse the bulls will be lucky to D/T last May, when
                                  all the smart money said cheerio πŸ™‚

                                  Never give up, never surrender.

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