Jump to content

elle

Community Member
  • Content Count

    635
  • Joined

  • Last visited

  • Days Won

    9

Posts posted by elle


  1. 12 hours ago, TrendFollower said:

    @elle,

    So when others were shorting were you going 'long'? 😉

    I have no idea if you are trading US indices and if so which ones and whether you are long or short based on all your previous posts and charts. 🤔

    Do you have an open 'long' on any of the US indices?

    The price action from the start of October 2018 to 26th December 2018 was downwards. From January 2019 to March 2019 (to date) it has been upwards. During this time period one could have shorted US indices and then gone long on the very same US indices based on price action. It is all about timing. My timing was clearly out but there will have been many (far better traders than me) that would have profited on both these time periods using 'short' and 'long' trading strategies. 

    I really don't know what you are trying to achieve with this "conversation". Please do not tag me in it any more  - thank you


  2. Dear @TrendFollower , you probably wont like this response but , I just trade what I see, not what I think. There is so much geopolitical stuff going on that it could screw your thinking.   However, the politicians & Central Bankers seem to prefer the markets going up, any dips & the Central Banks come to the rescue.. We are over halfway through the US Presidential cycle & I'm sure Potus will want everything looking good next year.

     

    I attach a current chart. As you see we are back at a trend line resistance. I have suggested some consolidation @ here before a further move up, but who knows. Short term trend is up, but you could also say that the market looks sideways albeit in a big range. Sideways is my best guess

    Capture tfo.PNG

    • Like 1
×
×