Jump to content

Indices


Recommended Posts

  • Replies 5.3k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

I use only 2 MAs as a filter (used the same settings long time) Had some time over and did a backtest buy sell on cross I used a trailing stop and optimized the trailing stop only and for th

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

Apple warns may miss quarterly guidance estimates due to virus impact starts a new pullback in the indices.

Posted Images

17 hours ago, dmedin said:

Germany 30 poised with its breeches down too.  I am using a laptop screen so my charts look cramped.

 

 

Germany 30_20200804_03.23.png

I was awake at the time because I had an appointment, but I didn’t have any comment to make about it. It was just a small move down by the European indices unsupported elsewhere. Often during those hours there is a contraction in volatility, but occasionally there is an easy low risk entry. The Dax made its high for the week at that time last week.     

  • Like 1
Link to post

Volatility is such fun. If you are on the right side of it , of course.

Dow@ 27239, will go higher expect 27550+/- 1%. Then hang on to your shorts as it's big swinging cahones time. If there is no more stimulus, saving the Fed largesse then watch the Dow sink 3-5% as retrenchment may be the order of the day. With stimulus expect a gain, then retrenchment, then exuberance, then retrenchment, then a small nervous breakdown....... It's as if the Dow has become the schizophrenic naughty cousin of the S&P. Today is the last day before the delayed August break for Congress so it's pooh or bust for legislators, who will naturally blame each other if they fail to agree.  Ahh the competence of governments.......

  • Great! 2
Link to post
4 hours ago, 786Trader said:

Volatility is such fun. If you are on the right side of it , of course.

Dow@ 27239, will go higher expect 27550+/- 1%. Then hang on to your shorts as it's big swinging cahones time. If there is no more stimulus, saving the Fed largesse then watch the Dow sink 3-5% as retrenchment may be the order of the day. With stimulus expect a gain, then retrenchment, then exuberance, then retrenchment, then a small nervous breakdown....... It's as if the Dow has become the schizophrenic naughty cousin of the S&P. Today is the last day before the delayed August break for Congress so it's pooh or bust for legislators, who will naturally blame each other if they fail to agree.  Ahh the competence of governments.......

But isnt it August break is cancelled till there is an agreement on the bill?

Link to post

Indices have been money-losers all week on the hourly chart.  A lot of FX pairs have been losers too, unless you like counter-trend trading.  Commodities have all sold off like MFers.

Not been a good week.  Oh well, there's always next.

Link to post
9 hours ago, 786Trader said:

Then hang on to your shorts as it's big swinging cahones time.

If folks did a staggered entry and exit with amounts they are comfortable with they would be dancing to the Hokey Pokey instead.

 

 

Everybody form a circle
Put your left foot in
Your left foot out
Your left foot in
And shake it all about
You do the hokey pokey
And turn yourself around

Now put your right foot in
Your right foot out
Right foot in
Then you shake it all about
And then you do the hokey pokey
Turn yourself around
That's what it's all about

Edited by AndrewS
  • Like 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
      15,010
    • Total Posts
      72,826
    • Total Members
      61,119
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    ATY
    Joined 23/04/21 16:13
  • Posts

    • Can someone please explain why the graph keeps changing for Rolls Royce shares. In March 20 it now shows in excess of 600pence, few weeks back for the same month it showed just over 200pence. Am I missing something?
    • Risk event of the week starting 26 April: EUR/USD With the Federal Reserve Open Market Committee meeting coming up, and the rate announcement at 7pm UK on Wednesday, IGTV’s Jeremy Naylor speaks with Justin McQueen from Daily FX. Is there further upside for the EUR/USD trade? Video - 4 minutes
    • Charting the Markets: 23 April FTSE, DAX and Dow on the back foot after Biden announcement. Dollar weakness continues to dominate FX markets. In commodities, gold looks primed for another leg higher, as Brent crude shows signs of potential impending weakness.   16 minute video here
×
×
  • Create New...