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Reversed short and closed for 10 pts..within seconds it seems..i cant write that fast! Hopefully a decent reaction up into 4-4.45 to re short
Today is Cycle Day 1 for the Dow … find a low to buy.
No problem finding a low … of sorts.
Never give up, never surrender.
Which cycle system are you using cim? The lindsay or linda raschke version?
When you get a very low S2L pt3 vs the S1H pt2
even if it’s bought back up the signal would
suggest more down to come within days.Never give up, never surrender.
Which cycle system are you using cim? The lindsay or linda raschke version?
George Douglas Taylor
Never give up, never surrender.
Closed yesterdays 3086.2 short at 3028.1 for 58 points.
Still have the Mondays 3089.2.
It is profitable, but bloody hell annoying to trade when it bounces like this.
DOwn days are V days, Up days are I days
Plan your trade, trade your plan!
I will now wait and see where Ftse closes and
if US stocks take Ftse futs even higher.The only trade I want is a ‘h’ Ftse short entry
for the weekend.Nothing else would tempt me to take the risk.
Never give up, never surrender.
Which cycle system are you using cim? The lindsay or linda raschke version?
George Douglas Taylor
ah ok,the original and best..i used to keep records on a daily basis going back..one of the few books i read that was worth the paper it was printed on.
Looking around the world I see many signs that
our leaders have lost the plot and the people.Signal set at red for danger !
Never give up, never surrender.
I will be very surprised if there are many shorters who manage to ride this down (when it falls).
They have totally conditioned bulls to buy dips and shorters to be scared to short.
Certainly every time I have added shorts back on (after closing), I go underwater first.
Plan your trade, trade your plan!
Is that the low in now as has been the pattern so many times. Now we get a cabbage range and then xzoom up into close?
Thats been the pattern, but I expect / want it to break 300 down and carry on to my lower targets.
Plan your trade, trade your plan!
Interesting that it remains weak still.
The key for me remains the 3000 roundie. Below that we are back to 2920 and lower I wish/hope/expect
The problem is the ramps come out of nowhere
Plan your trade, trade your plan!
That deep pt3 was a signal of weakness.
Can’t turn your back on this market.
Should see Spx 3000 but will we.
I have my profit today and it does not
look like US rth will rally Ftse futs
tonight and so I stay out.Never give up, never surrender.
It is moving lower but it feels like sellers are swimming against the tide.no big progress made in the last few hours.could be setting up for a move higher before close.the 30 week ma is around 3023 from memory.usually a good yardstick of bull/bear trends.lets see where this closes tonight.
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