Indices

[dmedin]

Buy the bounce off support!

[dmedin]

A series of long-legged candles, indicating a probable up spring/thrust 🤓

[dmedin]

I knew it!  It was a head-and-shoulders all along!  SELL!!!!

[dmedin]

Kim Kardashian is going to stop using social media - this will singlehandedly end the tech bubble!

Excellent, thorough market analysis pays off in the end!

[dmedin]

7 minutes ago, dmedin said:

I knew it!  It was a head-and-shoulders all along!  SELL!!!!

 

You should have listened to me Tom!  Then you wouldn't have lost all your money when Kim pulled down her knickers and 'flash' crashed the market 😢 

[dmedin]

A flash in the pan, Susanne? 🧐

 

[Caseynotes]

Dax with strong resistance immediately overhead. S&P and Dow approaching near term resistance. FOMC mtg tonight.

Daily charts;

[dmedin]

Love you Tom 😘

[Caseynotes]

4 minutes ago, dmedin said:

Love you Tom 😘

until you forget your meds again.

[Caseynotes]

Dax and Dow M15.

Both above the pivot, Dax ranging Dow looking to push higher.

[Caseynotes]

Dax up to R1 then back down to the pivot. Dow stalls between the pivot and R1.

M15.

[dmedin]

21 minutes ago, Caseynotes said:

Dax up to R1 then back down to the pivot. Dow stalls between the pivot and R1.

M15.

 

Any hints as to how someone would actually trade that?

[Caseynotes]

17 minutes ago, dmedin said:

 

Any hints as to how someone would actually trade that?

why would you need hints when I've explained to you in detail at least half a dozen times what I do. You might also recall I've pointed out a number of times that you're not a good listener, you could try working on that. 

[dmedin]

7 minutes ago, Caseynotes said:

why would you need hints when I've explained to you in detail at least half a dozen times what I do. You might also recall I've pointed out a number of times that you're not a good listener, you could try working on that. 

 

I want to practice it in the demo when I have spare moments.  I have a lot of spare moments these days.

[dmedin]

Oh dear 🤯

It looks like a massive pile of sh!te out there right now!

[dmedin]

Yep, a big old steaming pile of cr4p.  Phew!  What a stink!

[dmedin]

Hark now Gabrielle, hath the trumpet of the L-rd been sounded?

[Caseynotes]

FTSE and S&P daily.

Dax and Dow H1.

[HMB]

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

[dmedin]

Oops!  I lost f*k tons more money again.

What am I doing wrong Tom?   

 

[dmedin]

4 minutes ago, HMB said:

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

 

Why are you listening to these clueless c&nts?

Have you not seen that all of them simply exist to prey on gullible retail punters?

[dmedin]

2 hours ago, Caseynotes said:

FTSE and S&P daily.

Dax and Dow H1.

How do you trade sideways moves like that Tom?

Surely you would lose f*k tons of money if you even tried

[Caseynotes]

2 minutes ago, HMB said:

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

more a case of less dovish than hoped for rather than hawkish, money taken off the table overnight.

[dmedin]

How is 'trading the news' on one minute time frame working out for you?

Aren't you tempted to start selling TA courses yet?

[dmedin]

19 minutes ago, HMB said:

have stayed away because something else is going on...  so what was it

You'd think the 75 per cent or more of people who keep losing money would consider doing that 🤔

[dmedin]

How many years and he's never shared a trade.

You're tighter than a Scotch man Tom.

[HMB]

55 minutes ago, dmedin said:

How is 'trading the news' on one minute time frame working out for you?

Aren't you tempted to start selling TA courses yet?

today better than yesterday with the 10 second chart....  probably helps that there are no news...     ..feeling close to finding the hidden Markov chain...!!

[dmedin]

Tom, show us what you do.

[HMB]

1 hour ago, Caseynotes said:

more a case of less dovish than hoped for rather than hawkish, money taken off the table overnight.

yes, phrased like that it more accurately captures the narrative - however should one not still have questioned that immediately?  because - what would have been a realistic expectation of what the Fed could have done, Powell could have said yesterday?  Rates at zero, they are already buying high yield bonds etc., just had confirmed the move to AIT in virtual Jackson Hole.  What could they have added at this stage?  And hence, which expectations exactly were so strongly disappointed to justify a roughly 66 points lower SPX overnight low?  After already around 27 points drop between pc and cash close?

...were expectations maybe for more buying on the longer end..?

think that this likely wasn't the only major factor.  maybe also still pressure from outstanding calls approaching expiry, for example  (that wouldn't explain a rebound today really, though..) 

 

I'm trying to become more careful with the common narratives flowing around. 

[dmedin]

Tom?

How many years and you've never shown any trades?