Jump to content

Indices


Recommended Posts

On 25/05/2020 at 12:20, Kodiak said:

Dow daily

New trading range 25K to 27K? (bull)

or a false buy /breakout and then sell signal? (bear)

i would "guess" 65% chance for the bull scenario and 35 for the bear1096238959_DOW25may.thumb.png.530386a5b58e5da6d688aeed7e7540ff.png

27K

25K next?

t😉

 

 

 

US30Daily j.png

  • Like 1
  • Thought provoking 1
Link to post
  • Replies 5.3k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

fair go, the failure to break through the blue rectangle was crucial for further downside. Now looking for resistance (sellers to step back in) and the most likely area is just before the red 29400 de

That is the 50% retrace for  the Dow and S&P. 

Interesting S&P daily shaping up 👇

Posted Images

 

39 minutes ago, dmedin said:

what gives!

don't know, no one tells me anything.

Dow finds support at S1 while Dax trips all the way down to S3.

EU GDP minus 3.6% (minus 3.8% expected).

Dax and Dow H1.

image.thumb.png.c9bea7aebee50a1ce10d9f2e1c5827a6.png

  • Great! 1
Link to post

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">What do you expect from the US May unemployment rate? <a href="https://twitter.com/hashtag/NFPGuesses?src=hash&amp;ref_src=twsrc%5Etfw">#NFPGuesses</a></p>&mdash; IGTV (@IGTV) <a href="https://twitter.com/IGTV/status/1268817217271054336?ref_src=twsrc%5Etfw">June 5, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Link to post
On 03/06/2020 at 22:08, 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

 

 

Since someone was kind enough to click the like button for this post I will get back to it again. The problem is that plan is very difficult for me to implement, and I suspect many others would get mixed results trying this. A far better way to try to integrate short term and long term trading is to have a set-up in the same direction on both time frames. That way what may have been be a trade with a risk/return of 1:1 can become a trade with a risk/return of 1:10.  

Link to post
Just now, AndrewS said:

 

Since someone was kind enough to click the like button for this post I will get back to it again. The problem is that plan is very difficult for me to implement, and I suspect many others would get mixed results trying this. A far better way to try to integrate short term and long term trading is to have a set-up in the same direction on both time frames. That way what may have been be a trade with a risk/return of 1:1 can become a trade with a risk/return of 1:10.  

I don't understand.

Link to post
6 minutes ago, dmedin said:

I don't understand.

For example there may be a retracement on both the short term and the longer term and you are anticipating a bounce on both time frames. The trade may go much further that usual because on a higher time frame you may have gotten on board near the start of a longer term move.

  • Thought provoking 1
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
      15,433
    • Total Posts
      73,993
    • Total Members
      62,366
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Macka
    Joined 18/06/21 22:04
  • Posts

    • This weekend don't forget the rules to SAVE LIVES!!!!!   ... unless of course you happen to be going to Ascot 👍
    • Looks like it's a flat squib affair for the SP500 - I'm away early next week, but I'd give this until Tuesday (max 3 weeks after the physical date) to do something otherwise I'm marking it down as a failure Which is not bad, out of all the TC's this one is the one to be most concerned won't work, especially during an UP Bullish major cycle, which is what we are in, but the expectation was for the market to react as per May 2012 as shown on the Internal cycle harmonic chart in the post directly above So unless we get a 7%+ correction from the highs next week - I'll simply log this as failed - remember we trade the market NOT the Time Cycle  The small correction into the actual date is NOT good enough to say that was it! - We should be able to see these corrections/upswings clearly on a monthly chart, which means they should be of significance I'll hold off publishing the next Time Cycle just in case something happens next week SP500 Index Daily Chart: data to Thursday 17th June 2021
    • and Gold Puked at 10 year resistance line  
×
×
  • Create New...