US Indices Specific

[dmedin]

Very great and exciting as long as you don't mind empty shelves in the super market (unable to get a packet of paracetamol anywhere), stupid people being stupid, fear uncertainty and doubt and unrelenting misery and depression ... other than that very exciting.

[HPbrand]

4 hours ago, Hagbeth said:

 I did and now I've been put in my place!  Great time to start out as a trader. Fast learning curve!

Haha... the real education comes from losing. Nobody on here who trades real money can win every single trade. We are getting at least 1000- 2000 points a day retracements. Best time to learn from all the scenarios. When all this is over, Dow might end up moving 200-300 points on a slow day like before.

[HPbrand]

3 hours ago, dmedin said:

Very great and exciting as long as you don't mind empty shelves in the super market (unable to get a packet of paracetamol anywhere), stupid people being stupid, fear uncertainty and doubt and unrelenting misery and depression ... other than that very exciting.

Have you checked the annual % of deaths from taking otc painkillers? Not far off from this deadly civilisation ending coronavirus.

Edited March 19, 2020 by HPbrand

[HPbrand]

A big move is brewing.....

[andysinclair]

43 minutes ago, HPbrand said:

A big move is brewing.....

Yep, I agree...

Up until late February the S&P500 was trading in a 30/40 point range with similarly small daily moves. Now we are looking at 200-300 point ranges with 100-200 point moves...until this week.
The last 3 days (including today) have seen large ranges (200 points) but small moves (less than 50 points). This signifies that the market is pulling up and down with no clear direction...

Orange: Daily Move

Blue: Daily Range

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[HPbrand]

I think we are going to witness possibly a 1000-2000 points move in the Dow in either direction very very soon, maybe next week. If it goes up first, then it could be a 2000-4000 points drop straight after depending how much it shoots up.

I hope I'm wrong because this is going to be #%$£&! crazy volatile meaning sleepless nights. Even if it drops that much, it has even further to drop based on my probabilities. 

[HPbrand]

This current retracement determines the direction of the Dow going forward. We need to see how violently it drops. If not severe, then maybe extreme level of Dow not likely to occur.

[HPbrand]

It went up less than 2000 points since last night and retraces. Lets's see and good luck boys!

[dmedin]

The world is coming to an end Tabitha, confess ye now afore ye perish into everlasting hell fire.

 

DOOMED.

 

[Guest CocaCorona]

23 hours ago, HPbrand said:

A big move is brewing.....

a big move down ?

[CommuCo12]

On 12/03/2020 at 20:39, HPbrand said:

When most people are wiped out of their trading accounts and surrendered.

What you think about the Circuit breakers?

 

[HPbrand]

Here we go! lets see how much more to drop.

[HPbrand]

50 minutes ago, CommuCo12 said:

What you think about the Circuit breakers?

 

I commented before. If you stay on the right side, you will make money. On the wrong side, you will get trapped.

[CommuCo12]

the uncomfortable that we are locked nearly the whole day on the US indices

 

[HPbrand]

Going to the strip club for some inspiration. I hope tonight is still open.

[Zanthos]

Messed up a trade by leaving an open buy position on CMC therefore opened an IG account today to hedge that trade.  Can you let me know if the Dow weekend index on IG reflects a fair view of the direction of travel? 

Edited March 20, 2020 by Zanthos

[dmedin]

19 hours ago, Guest CocaCorona said:

a big move down ?

A huuuuge big fat juicy dump ...

[dmedin]

18 hours ago, HPbrand said:

If you stay on the right side, you will make money. On the wrong side, you will get trapped.

I gave up 100% of my gains trying to call a bottom the other day.

I'm a stupid ****!

[HPbrand]

BREAKING NEWS!!!

 

 

 

Anton Kreil has made a new trading course available for those interested in surviving and profiting from the current market conditions. Hurry with your $$$$ and buy the course. It will change your life. Guaranteed!!

[HPbrand]

On 21/03/2020 at 12:43, dmedin said:

I gave up 100% of my gains trying to call a bottom the other day.

I'm a stupid ****!

Do not do that my friend. The market will outsmart you. When you make some profits, be grateful and exit the markets if you don't have complete confidence in your own trading system. If you do it this way, you will be a winner.

[HPbrand]

My prediction for the Dow tomorrow.....

 

From a psychological point of view, I think tomorrow will be an extremely volatile day. Maybe the most volatile for the rest of this trading week. The markets can get tired too so likely after tomorrow, the following 4 trading days will be less of a rollercoaster. But the following week though.....watch out. 3000-4000 points in a trading day in either direction is quite likely.

[dmedin]

Ay me, Delores! 😱

[HPbrand]

Extreme low for Dow is a real possibility. Cannot pinpoint the exact day but the probability is reasonably high for this occurrence. Perhaps I should visit Waddesdon Manor and ask Uncle Jacob what number he had in mind.

Edited March 22, 2020 by HPbrand

[dmedin]

11 minutes ago, HPbrand said:

Extreme low for Dow is a real possibility

 

Head for the hills, Peregrin Took! 🐎

[HPbrand]

I think anyone betting big positions or slightly over leveraged should watch the markets more closely over night.

[HPbrand]

We are likely to go lower today when the market opens.

[HPbrand]

I think the Dow is finally getting tired to keep dropping today. Depending on the closing, we can estimate the likelihood of direction for tomorrow at least. Regardless of direction, Dow is likely to kick back and take it more slowly for the rest of the trading week.

[HPbrand]

Client Sentiment Index shows 70% going long on the Dow. They are quite bullish. I wonder if they can beat the odds and be right for once? 🤔

Something tells me they might just get lulled into a sense of security.

[HPbrand]

I think it is an up day tomorrow. 70% going long tells me the rise is not likely to be excessive. We shall find out.

[dmedin]

Stone the crows! 🐮