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dmedin

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Everything posted by dmedin

  1. Seems to have hit resistance at the intersection with the downward slope.
  2. Unemployment has not surged, as many feared, because large numbers of firms have put employees on the government-backed furlough scheme. But economists say the full effect on employment will not be felt until the scheme ends in October. https://www.bbc.co.uk/news/business-53427304 By winter we will have a second general lockdown as well as mass unemployment, dark nights and awful cold weather. I can't f^cking wait
  3. You've got them sussed ... and now you see the reason why all professional 'analysts' slap lines all over their charts and equivocate everything and never bet any of their own money. The more lines you have, the more likely price will approach at least one of them. And since you covered your @rse, you can never be wrong What can we make of 'analysts' who wouldn't even trade their own money on the basis of their own 'analysis'?
  4. Well, so much for the 'contrarian indicator'.
  5. The majority of Americans in the largest metro areas felt down, depressed or hopeless last week, according to Bloomberg calculations from a new U.S. Census Household Pulse Survey, which collects data on how people’s lives have been impacted by the Covid-19 pandemic. https://www.bloomberg.com/news/articles/2020-07-16/majority-of-americans-in-largest-cities-report-covid-depression Big wave of suicides coming?
  6. Looks like a pullback is in the cards, 1750 looks likely.
  7. 'Charting the Markets' and Dailyfx are my go-to sources for harnessing the awesome power of hindsight.
  8. Sounds like you don't need to learn anything more. Maybe you could help others to learn? (Besides posting tiny illegible charts that don't help anyone) Then again, this forum isn't really helpful for anything - a bit like IG itself.
  9. 'Thanks for your feedback! Your opinion really matters to us!' (Only if it can be used for promotional advertising, that is)
  10. 68% of IG client accounts with open positions in this market expect the price to rise ???
  11. Wall Street and Dax are big on points and on volatility, if you are intent on trading in minute time frames go for it - you've got a high probability of losing though.
  12. Well, toots, the Nasdaq 100 is still out of commission 😕
  13. dmedin

    Copper!

    Looks like a good opportunity to buy in for the next leg higher
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