Jump to content

Indices


Recommended Posts

  • Replies 5.1k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Was interesting @PandaFace, even more so now as people realised Trump was only discounting the most severe response  to China (for the moment), not actually halting the 'trade war'. Bounce off th

JESS ........TWO BARKS FOR BUY     ONE BARK FOR SELL   ???

Dax pausing at the weekly R1 and Dow within striking distance of it's all time high. H1 charts;

Posted Images

39 minutes ago, dmedin said:

Just like how it was easy to make money shorting everything at the end of February for a few weeks, now it's easy to make money going long on everything.  I hope I don't lose everything again this time :)

https://uk.reuters.com/article/us-usa-stocks/wall-street-surges-on-signs-of-economic-rebound-idUKKBN23A1I1

What comes after 27K? 😎

Link to post
14 hours ago, AndrewS said:

 

I am still actively managing a short on the Nikkei. I closed out half when it traded below levels I sold at. My plan at the moment is to double up with a tight stop if it approaches the high and hedge if it if goes through the high. Alternatively I will just scalp on the long side for a different index.

 

JPN225M15.jpg.7892cd1a4bb1e4e2505de05f9ccdb67b.jpg

 

This was not a good idea for me, but it was much more forgiving than the shorting the others.

 JPN225M15.jpg.1ca256770840d5f73e2de0eae305e477.jpg

Edited by AndrewS
  • Sad 1
Link to post
On 27/05/2020 at 17:12, robertbowler said:

interesting article in The Telegraph that Jeremy Grantham the CEO of GMO hedge fun is shorting all indices predicting a crash..worth a read

 

Just notice that this got headlined.

The Torygraph is behind a paywall, but you couldn't pay me enough to read their right-wing sh!te.

  • Like 1
Link to post

S&P arrives at the monthly R1 this morning after a pause yesterday, will it rest up here before continuing on given that it's a Friday and with NFP minus 8 mil expected just before the US market open? We're living in interesting times.

FTSE and S&P daily chart.

Dax and Dow H1 charts;

image.thumb.png.1b580e7745b82548c29ae0f25d583751.png

image.thumb.png.ebea245c6fd3388ed5a210a030ca7ec9.png

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • General Statistics

    • Total Topics
      13,693
    • Total Posts
      68,370
    • Total Members
      57,266
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    les638
    Joined 20/01/21 19:12
  • Posts

    • I really trade! Here is a trade from this week - The Market is an ETF of the Nasdaq100 Index provided by ishares - CNX1 This was a 2 day Swing trade If you've read the above posts then this is a clear DOUBLE BOTTOM following all the rules mentioned in the posts above ENTRY - Entry was actually set for the high of the Inside bar but the market gapped up and opened at the GREEN horizontal line! which was fine As you can see the DB caused a classic W shape if fulfilled - 2RSI in the <25% Oversold zone = 1 high probability trade potential with target of the swing high of the long leg of the W - as you can see price hit that level this afternoon for a healthy return - This provided a 2R return, "IF" (and we have no control over this) I'd of been triggered in at the high of the Inside bar as planned rather than the gapped entry, the R:R was 4R if stop placed at the swing low or 11R if entry was high of the narrow range IB and stop was at the low of it! - Now in this trade - the intention was the 11R trade but the Gap caused a change of plan THIS IS WHY I TRADE BECAUSE OFTEN THESE TRADES COME OFF INTENDED AS PLANNED - this one didn't but it was still a half decent trade To prove the position - I won't be doing this ever again - very NEARLY got the high! You can SCAN the market EVERY DAY for NARROW RANGE bars - and then when they conform to trading method you employ they offer an ultra high probability trading opportunity with ultra high returns   
    • Hi JLZ You need to investigate the company issuing the said ETP's - There's lots of different ones out there, some buy real assets, so use "synthetic" tracking etc  - they are 100% legit but you have to be certain they won't go bust  Key considerations as you are investing real money into the ETP are: Is the ETP safe in terms of going bust Is you ISA/SIPP/DEALING account provider safe I've traded these products for decades - as long as the ETP provider does not go bust then normal investing/trading risks apply - I've just literally this afternoon taken profits on a Nasdaq100 ETF They came on the scene in the late 90's in the UK and you could track markets not offered by funds at that point - I was in a china ETF in 2000 provided by ishares within my sipp/isa account and was a cheap way of tracking the Chinese market as you didn't have the 5% bid/offer spread and 1% AMC You buy them exactly as you would say BP - If BP goes belly up overnight you're cash is trapped, same would apply here, but as I say if the company is liquid and sound then normal risks apply  
    • Is it possible to go long by selling (short) a leveraged (bear) ETP?        
×
×
  • Create New...