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Where's Boeing going, Cohen?


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2 hours ago, dmedin said:

Did you sell and hold from March/April 2019 onwards with a stop just above $450 or so

Where were all the highly-paid TA gurus and market analysts when the second plane crashed?  🤔  Why were all the big brokers heavily long for months after the price started its decline?  🤔

BA_Barchart_Interactive_Chart_04_29_2020(1).thumb.png.eae3fd11b80e7add6696c074ddbff120.png

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Dont worry, buy the dip Load up buy orders around 30- ish  

It's a difficult chart, nothing quite fits. Though the fast oscillators are suggesting time for a down wave on the daily the lower time frames are very resistant.

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On 29/04/2020 at 15:06, dmedin said:

Who would be surprised that Boeing made a loss?  LOL look at how far the share price has fallen already

Did you sell and hold from March/April 2019 onwards with a stop just above $450 or so?   When the 'bad news' broke? Then you'd be stinking rich by now

Samwise Gamgee?

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    • By the way if its a system you want to demo or try, I trade US 500 and Russell Long only, with no stops, I would not trade with no stops for gold, oil etc but am happy to do it on US indices as nothing recovers as quickly as US markets, so if I am wrong i just hold it until it goes in profit again, when I am wrong I wait until market recovers, so sometimes when market has gone against me I have to wait 4 -8 weeks before it recovers but this way means no drawdowns only overnight currency charge which is minima. You need to trade wihin your accoutn to do this as you need to make sure your balance is big enough when you get it wrong. You could try it on IG demo account  to see if it worked for you.
    • Yes your balance needs to be above 0, that's your most important number don't fall into the trap of thinking if its above 0 you can put trades on, you can but your balance needs to be big enough that if they go against you, you are still above 0, if not you get messgage from IG to add funds to your account or IG will take you out of trades, so if you had a trade you wanted to keep on it would now be taken out as a loss as funds in balance are in minus. You need a big enough number left in the balance column that if your trades go against you you can still hold if you want to.
    • Now all Musk has to do is buy BTC again and re-ramp for another shed load of profit.....
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