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US gap down would force tax play sellers to make
their minds up faster than they expected, imho.Never give up, never surrender.
Dax short stop moved to protect +38pts …. that
more than makes up for earlier error and starts
the new trading year off very nicely.US markets should be interesting today.
Never give up, never surrender.
Quick footwork to make a profit on Ftse long but
a greater lose on Dax short. Hard to own up to
mistakes but its part of the learning curve.I am short Dax 9601 which like the Cable short is
a trade without a time line. These trades can only
be taken with large margin within the account.Never give up, never surrender.
Three major Bradley dates in 2014, 1st January
and then July and November.Never give up, never surrender.
I start the year short Cable 1.6575 and will hold
this as a marker with no time scales but a target
in the many 100’s of pips.I also have a half share in a Dax short, Ftse long
combo with my girlfriend, this trade will be closed
out when each is in profit.Never give up, never surrender.
I would not want to trade the US today as there seems
to be no sellers, atleast atm. After today selling is
more attractive from a tax point of view so thursday
could be a red day for US stocks.Take care if you are still trading US stock markets.
Never give up, never surrender.
As I said, my girlfriend is short Dax 9576 and I said I would take
on half the risk of a twin trade if she were to long the Ftse 6750,
which she did. So we have a joint venture in a kind of odd two way.Both markets are closed now so 2014 should start lively for both
of us whatever state we enter it.Happy days.
Never give up, never surrender.
Closed Ftse short for +15pts so I can finish 2013 trading.
See ya in 2014.
Never give up, never surrender.
Cheers hog … I had stocks up into Jan 1st and the 9th Jan a no
show which is good cos different views make a market.Ftse short ( 6735 ) stop at b/e now and would close at 6700 if
it were offered in 2013 and then re short next year.My girlfriend is short Dax at 9576 for a big 2014 play which
is a risk ahead of the 2013 wrap but goodluck to her.Never give up, never surrender.
Ftse pattern is all alone out there amongst majors
so today we may have seen a ‘top’ but more likely
it’s a ‘3’ with ‘4’ down and ‘5’ up to come.Which ever it should be possible to short, move
stops to guard a profit and maybe have to redo
the short higher.See ya next week.
Never give up, never surrender.
Glad I did not take on Cable & eur:usd as a Ftse short is
more than enough risk in these thin markets, imho.A good early marker for today in the US is can the Dow stay
above the current ooh 16500 after about 30mins of rth.Never give up, never surrender.
Today is S1 so monday S4 which sets up the bookends
weekend where the lean is all. At this time of year
you give the bulls the nod but they would still get
one more 2013 trading day in on tuesday to ramp it
up if they did drop the bookends ball 😉Let’s see and not risk much if anything.
Never give up, never surrender.
Dow looking at 16500’s and s&p 1840’s so not the time
to short against this blow off, however I have taken
a small Ftse short at 6735 with a worst case 7000 vs
a least case 6000 …. no advice etc etc.I am tempted to short Cable 1.65 and eur:usd 1.38 but
again only small trade size.Safest to wait for 2014 really.
Never give up, never surrender.
