Jump to content

Recommended Posts

Come to papa!  😻

923370198_Germany30_20200331_15_15.thumb.png.747dc0a510f4c93f0408ace50080bd30.png

 

1117735197_WallStreet_20200331_15_16.thumb.png.6722b990e31e7055dcf6535150c2bb62.png

 

301339946_USTech100_20200331_15_16.thumb.png.99a74599847bac8166f67ab7cdccc6b3.png

 

 

  • Great! 1

Share this post


Link to post

This is more like a normal market (i.e. one that isn't strongly trending, so it more closely resembles random price movement).  If markets only strongly trend 20% of the time, does that mean it's unwise to trade 80% of the time?🤔

1364863584_WallStreet_20200331_18_01.thumb.png.37852d70d07d4e0a22f987e8712182c8.png

 

Share this post


Link to post
Posted (edited)

It's all gang aglee Samwise Gamgee, go SHORT now.  😢

1184711945_WallStreet_20200401_10_23.thumb.png.22d90df9b6e9c3d8b077c310876b5258.png

Edited by dmedin

Share this post


Link to post

Prepping for another leg lower?  Let's see.

316298140_WallStreet_20200401_11_02.thumb.png.e5232cb22192afcc3ac6f131d37569f9.png

Share this post


Link to post
4 minutes ago, dmedin said:

Prepping for another leg lower?  Let's see.

316298140_WallStreet_20200401_11_02.thumb.png.e5232cb22192afcc3ac6f131d37569f9.png

could be a rounded bottom, spent 3 hours trying to go lower but unable.

  • Great! 1

Share this post


Link to post

Turns out the Tory government's half-@rsed efforts to help workers and small businesses aren't helping ... get ready for a major depression.  On the plus side, the 'economists' will be happy that the 'zombies' go out of business and millions of people lose their jobs.  Ludwig von Mises would be very proud of you boys!

 

Coronavirus: A fifth of smaller UK firms 'will run out of cash'

https://www.bbc.co.uk/news/business-52114414

Share this post


Link to post

Dow resting on support waiting for the US open.

H1 charts;

image.thumb.png.26d711b2fb068e57672c11d4d678cde9.png

Share this post


Link to post

Another big swing down for the indices - don't hold your breath, bonnie loons.

Share this post


Link to post

Down to the weekly pivot we go...... Hope that holds.

Share this post


Link to post

Abandon all hope, ye who enter herein.

Share this post


Link to post

Is it turning around, Peregrin Took? 🤠

Share this post


Link to post

Another day of heavy losses.  Markets are definitely back to normal :D

  • Sad 1

Share this post


Link to post
1 hour ago, dmedin said:

Abandon all hope, ye who enter herein.

 

The souls of men shall be tried in the fire, like fine silver.

Share this post


Link to post

Confess, lest ye perish into everlasting hellfire.

649260300_WallStreet_20200401_15_53.thumb.png.492b7310a4ebd798cdecad3a83ca4d78.png

Share this post


Link to post
22 hours ago, dmedin said:

f markets only strongly trend 20% of the time, does that mean it's unwise to trade 80% of the time?🤔

Yes

Share this post


Link to post

Stupid question, what are the indexes running on when market are closed? and how does it work?
I understand there are some all day session shares but is that some kind of project? who owns the calculation of... Not clear what this is based on. 

Share this post


Link to post

A 38% retrace before downtrend resumes? 🤔🐻

875146918_US500_20200401_23_14.thumb.png.c89ef6b190bc3180ee0a1cd8aa690859.png

Share this post


Link to post
7 hours ago, dmedin said:

A 38% retrace before downtrend resumes? 🤔🐻

875146918_US500_20200401_23_14.thumb.png.c89ef6b190bc3180ee0a1cd8aa690859.png

Why, what new news hasn't already been priced in? everything that can be shut down is, and not expecting ww3 just yet. A retest of the low is always possible but would need something extra to push it lower. 

  • Like 1

Share this post


Link to post

FTSE and S&P Daily charts;

Dax and Dow H1 charts (I swapped the order around again)

US Oil and Gold daily charts;

image.thumb.png.d96d8b11d248d6a5b83ff4cab855b8eb.png

image.thumb.png.1f5c2fcaf17b374f4db4478b7e9665fb.png

image.thumb.png.8539d2facc8e531cbfe8785f1f4c9b13.png

Share this post


Link to post

Agree will retest lows very soon

1 hour ago, Caseynotes said:

Why, what new news hasn't already been priced in? everything that can be shut down is, and not expecting ww3 just yet. A retest of the low is always possible but would need something extra to push it lower. 

I dont think everything has been priced in. Everyone assuming rapid recovery and minor effects to business long term, any change from this projection is going to cause panic. Airline , energy will continue to struggle and tourism will still take a beating for next 6 months. Major restructuring in auto business underway.

Share this post


Link to post
Posted (edited)

Looks like slow and choppy sideways action now, in other words no money to be made from intra-day trading but plenty of money to be lost (the 80%).  Need to find something else to focus on.

Edited by dmedin

Share this post


Link to post
Guest MoAli

Already lost £30k last few days

Share this post


Link to post

Already lost £30k last few days with wipeouts

Share this post


Link to post

Lost an absolute sh!t-ton on trying to call the bottom on this market.  What a stupid f^cking idiot I am.

Share this post


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
You are posting as a guest. If you have an account, please sign in.
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.


×
×