Dislikedjust wait for the china announcement....you guy.... short sellers will be on suicide watchIgnored
The HolyGrail 1.6 Crashing Mt4 2 replies
Help! my MT4 keeps crashing. 4 replies
"Live Update" crashing MT4? 5 replies
metatrader keeps crashing 2 replies
two version of FF tunnel Chart, one say down, one say up, which one is correct? 3 replies
Dislikedjust wait for the china announcement....you guy.... short sellers will be on suicide watchIgnored
Disliked{quote} This market is trading on expectation of good news coming out of the trade talks...inital reaction from Xi seems positive there is a March 1st deadline they are rushing to beat... i expect alot of concessions and Trump (DayTrader-in-Chief) hungry and addicted to winning ...will fold fast..Ignored
DislikedThese markets are ballistic today. Can one of you fundi experts please tell me what's going on?Ignored
Disliked{quote} Hi Cat - my view is that the SM used yesterday's out of line data to drop price to the hourly 200 SMA allowing them to buy for the next leg up which has at present stalled at two fib expansions from different swings. Above we have the December high, then the November high and finally the ATH last October at 26,960 which was not much above the prior ATH from January 2018. The current bullish daily channel reaches this level around the end of this month. TWT This afternoon's high just above the 25,800 BRN was immediatly sold in an aggressive...Ignored
Disliked{quote} I was referring to the Dow Jones Index. And my humble opinion is that news matters not much at all.Ignored
DislikedI think longer term indices are short, today's announcements around US/China have pushed US Indices upwards, and the Euro's have followed. I trade the Dax a lot, and have been watching it from the gap this morning waiting for a short opportunity to present itself and it's currently not forthcoming. As has been said earlier there's a head and shoulders on H4, resistance levels on D1, sat on 20ema on W1 with the 200ema just above, these are all short indicators to me. I'm still waiting for the short, anyone have any thoughts on this? By the way, Hi...Ignored
Disliked{quote} Welcome friend, good to have any new members on the thread, especially those with as much experience as you have. My current thoughts on Dax are in my last post.Ignored
DislikedDax is showing a rather nice looking head and shoulders pattern atm, best seen on H4. The two left shoulders have a combined pip total to the top of the head of 100, so to get a potential level for the right shoulder divide that by two. This means that we are at or just below to be exact the potential maximum reach for the right shoulder. If the level breaks, then a continuation of the trend line bring up to the next potential level should a double top with the 5th Feb high be broken. I have my next potential high on the Dow around 230-300. If that...Ignored
Disliked{quote} Sure your opinion deserves to exist. If you believe that everything important is priced in the market, then yes, technical analysis is the only working toolIgnored
Disliked{quote} Dow is showing a similar Head and Shoulder's pattern forming but on extended Higher TFs. 29 Jan 18 - Left Shoulder 26,705pts 4 Oct 18 - Head 26,951pts which, is -> 248 calendar days... Add 248 calendar days using basic time series from the date of the peak (Eg head), and we have Right Shoulder around 26,680-26,730pts (giving a 50pts spread) potentially on 9 June 2019? Just some rough thoughts, nothing concrete.Ignored
Disliked{quote} Yes, it'll be a beauty if it holds. I agree with those levels, and I think there should be more upside on Dow, but June 9th? I think we'll reach them before that.Ignored
DislikedI believe the next rate move by the Fed, will be a cut. Does anyone have any thoughts on that and how it may move the markets?Ignored
Disliked{quote} Agreed. Whether it's at the next FOMC meeting, I'm not sure, but a cut will come. Traditionally, the CB mandates were to provide price stability by controlling inflation, and to smooth the economic cycle by providing monetary stimulus when the economy was contracting. In the aftermath of the 2007-08 financial crisis, the CBs found it necessary to provide extraordinary monetary stimulus in order to avoid a 1930s style depression. The new element is that these stimuli have continued to be injected into the economy during a growth cycle. Now...Ignored
Disliked{quote} Yes, that's my take on it too. As for the markets, it means another fix for the junkie, so we may see US stocks move higher, and I think we will know soon, but ultimately, there can only be one ending, and as you say, it will be ugly, very ugly.Ignored