dmedin
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Everything posted by dmedin
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Looking to buy the dip here, my bonnie bairns 😊
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Maybe UBS was right, couple of months back? Or could it turn out to be another good chance to go short on the vegan butty 🤣
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Spoke too soon? That's a really bullish candle!
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@MercuryI was put in mind of going short after reading an article about Juul in the U.S. being banned from selling sweet flavoured vapes. Pretty soon they might only be able to sell 'tobacco flavoured' vapes, which teenagers and young people will hate.
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Andrew's Pitchfork Trading Strategy
dmedin replied to DSchenk's topic in General Trading Strategy Discussion
Lost me when the 'Schiff pitchfork' stuff started ... -
If this carries on I will have to close out and go long instead
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https://www.investopedia.com/terms/n/noncommercialtrader.asp
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There was an almighty struggle to retest that trend line and the 200 day SMA, now if the price declines on a closing basis on Monday or Tuesday I am very tempted to go short.
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Need to see a wee bouncy-bouncy then might go short 🙈
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Yikes. Definitely something negative happening here.
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How to interpret Commitment of Traders report: https://www.investopedia.com/terms/c/cot.asp
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https://uk.reuters.com/article/us-investment-summit-bets/investors-looking-beyond-u-s-equity-market-for-2020-idUKKBN1XI1K8 As always ... what happens on the charts is the most important thing to watch Maybe Trump will get the Fed to drop rates by postponing the trade deal again ...
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Reuters seems to be anticipating a correction today.
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Crude is pooping out. Looking for an exit out of my trade asap. Given that the U.S.A. is the world's number 1 oil producer now, and the environmental pressure, maybe Brent is now permanently capped at lower prices. Doomed!
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Others may feel the same way, taking profits and thereby causing price to drop 🙈
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Zut alors! It looks like it dropped beneath a triangle, but it could just be that the triangle needs redrawn. The volume on the drop is low, and there's a 200-day SMA that might provide support. Ooh! Listen to me, being all technical! 😺
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Stock market turning points - are we there yet?
dmedin replied to Mercury's topic in Indices and Macro Events
IMHO the Dow and Dax are both strong and two confirming averages, looking good from the Dow Theory POV 😎😺👍 -
😁
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How to trade the UK election
dmedin replied to CharlotteIG's topic in General Trading Strategy Discussion
The BoE said its nine rate-setters voted 7-2 at their November meeting to keep Bank Rate at 0.75%, in contrast to forecasts in a Reuters poll for a unanimous decision. Shock! Horror! 😮 -
Poor Charlotte A reliable and stable system is worth more than a fancy bells-and-whistles one. Performance, accuracy and availability need to come first.
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Zut alors! 😎😺
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😁
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Elliot Wave
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I've got skin in the game now, gone short and looking for that drop down to 100% level - because why not
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🤪 83% of IG client accounts with open positions in this market expect the price to rise
