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  • #3,341
  • Aug 23, 2019 11:13am Aug 23, 2019 11:13am
I'm crying in my look at all the pips I have missed

Good weekend all

Lets knock em out next week
All charts/ideas based on UK time zone
  • #3,342
  • Aug 23, 2019 11:25am Aug 23, 2019 11:25am
Quoting sponge
I'm crying in my look at all the pips I have missed Good weekend all Lets knock em out next week
AWW there just hiding Sponge, you will seek them out next session,good long weekend, weather going to be good, make the most, D
EDIT
Message sent
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,343
  • Aug 23, 2019 11:36am Aug 23, 2019 11:36am
Quoting detector
{quote} Looks like your spot on on Li, Dow hitting the buffers, Gold spike, going to end on a high with a profit before the big "V", D
Nah Trump did it all.

I am out of the dax with small profit only my gold short got hit by news chinese tarifs
persistence and determination alone are omnipotent
  • #3,344
  • Aug 23, 2019 12:02pm Aug 23, 2019 12:02pm
Quoting Ll1979
{quote} Nah Trump did it all. I am out of the dax with small profit only my gold short got hit by news chinese tarifs
Sorry to hear Li, I had another wave for the Dow, thinking Gold would be an advantage long, have to admit was a little sceptical until the news, it even closed my EUR/USD trades that were open over a week with the EA, surprise all round, D
EDIT
Got WTI hitting $50 if the predictions right, the tariffs will be the coffin, just my opinion.
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,345
  • Aug 23, 2019 12:22pm Aug 23, 2019 12:22pm
Quoting detector
{quote} Sorry to hear Li, I had another wave for the Dow, thinking Gold would be an advantage long, have to admit was a little sceptical until the news, it even closed my EUR/USD trades that were open over a week with the EA, surprise all round, D EDIT Got WTI hitting $50 if the predictions right, the tariffs will be the coffin, just my opinion.
Hope you made money. New tarifs will speed up economic slow down so 50 is not unthinkable.

When does your vacation begin?
persistence and determination alone are omnipotent
  • #3,346
  • Aug 23, 2019 12:41pm Aug 23, 2019 12:41pm
Quoting Ll1979
{quote} Hope you made money. New tarifs will speed up economic slow down so 50 is not unthinkable. When does your vacation begin?
My sentiments too, reliant on the trade deal has done a 180 cannot see it sustaining a rise, daily (to me) always showed a bounce to continue lower, Vacation Tuesday, so you will have me Mondays session then whoosh, need it, been nonstop since the start of the year, D
Attached Image (click to enlarge)
Click to Enlarge Name: WTIoil.png Size: 55 KB
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,347
  • Aug 23, 2019 12:46pm Aug 23, 2019 12:46pm
Quoting detector
{quote} My sentiments too, reliant on the trade deal has done a 180 cannot see it sustaining a rise, daily (to me) always showed a bounce to continue lower, Vacation Tuesday, so you will have me Mondays session then whoosh, need it, been nonstop since the start of the year, D
sent mail D
All charts/ideas based on UK time zone
  • #3,348
  • Aug 23, 2019 2:18pm Aug 23, 2019 2:18pm
Li, Sponge, sent over the indi, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,349
  • Edited 3:01pm Aug 23, 2019 2:34pm | Edited 3:01pm
Too early to close the Dow short when I did, happy with my sheckles though, hindsight, ohhboy, have a good weekend all, D

Quoting detector
Too early to close the Dow short when I did, happy with my sheckles though, hindsight, ohhboy, have a good weekend all, D
Dow on a tumble, 700+pips, D
Attached Image (click to enlarge)
Click to Enlarge Name: Dowf.png Size: 36 KB
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,350
  • Aug 23, 2019 3:43pm Aug 23, 2019 3:43pm
Quoting auricforecas
{quote} I was wrong... watched the wrong event I mean, yeah... it should have settled already.. but markets are waiting for THE EVENT... tomorrow... "Fed Chair Powell Speaks"... So that the mountains may move again
Gladly.. markets got the brakes of... Got a rebound today... USD released some steam, luckily (otherwise we would receive some nasty interventions later...) in order to regain it now slowly.. and even increase it... And since USD is important part of the element.. I would watch this hypothesis to be (Re)confirmed/rejected in the next week(s)... Yeah, I think WTI Crude OIL will resume 1month+ (down)"trend" from next week on (meaning now... UNLESS of course some WTF tweet/tension might distort it.. but I think that we are out of major battles (after this 8days hell/lock)... for the next 1-2months
Can you afford to take that chance?
  • #3,351
  • Aug 23, 2019 4:18pm Aug 23, 2019 4:18pm
Quoting auricforecas
{quote} Gladly.. markets got the brakes of... Got a rebound today... USD released some steam, luckily (otherwise we would receive some nasty interventions later...) in order to regain it now slowly.. and even increase it... And since USD is important part of the element.. I would watch this hypothesis to be (Re)confirmed/rejected in the next week(s)... Yeah, I think WTI Crude OIL will resume 1month+ (down)"trend" from next week on (meaning now... UNLESS of course some WTF tweet/tension might distort it.. but I think that we are out of major...
The Fed will do what's best for the country not the market, when the baby throws the toys out thee crib, it cry's to get them back, but the crying will stop on assurance of no return, think WTI is, in my opinion, sub $40, all attempts to big it up have failed, the daily shows the way, all in my opinion of course, as for the $, what goes up, cometh down, that said, the £ has fallen greatly over the past 100 years, maybe we have another 99 years of the $ rising, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,352
  • Aug 23, 2019 4:22pm Aug 23, 2019 4:22pm
The new Red Arrow on Thursday was timely, although I was not very confident about it--PA was wobbling at the time.
Attached Image (click to enlarge)
Click to Enlarge Name: wti_h4_20190823.png Size: 69 KB
  • #3,353
  • Aug 23, 2019 4:25pm Aug 23, 2019 4:25pm
Quoting detector
{quote} The Fed will do what's best for the country not the market, when the baby throws the toys out thee crib, it cry's to get them back, but the crying will stop on assurance of no return, think WTI is, in my opinion, sub $40, all attempts to big it up have failed, the daily shows the way, all in my opinion of course, as for the $, what goes up, cometh down, that said, the £ has fallen greatly over the past 100 years, maybe we have another 99 years of the $ rising, D
To tell you the truth I was quite (and) positively surprised by this.. They got my increased respect and confidence for this Because if they would bow to pressure.. ECB (and others) might follow and we might never see the end of it.. I mean... I am not even sure if the reasons for this "lower the rates" obsession are understood by the ones that proposed/s them... they seem to be focused only to "one" part only... like lowering rates/currency->increase exports.. among other things (increased loans/spending)... but what about paying (higher) for IMPORTS... and US has a (trade balance) deficit anyway and don't get me into the capital flows, reserve currency status etc if they would play with this (too) much. Yeah I am aware of the lowering the DEBT they owe also Ok do not want to go into the economics too much because... it might be too long of a debate and outside of this thread... but again... I love that the FED seems to have some authority.. and not to BOW, but yet to release some pressure and show openness for further actions.. should the economy (really) need it I am also glad how the market(s) responded today... But the question is... will it go where it is "suppose to" now.. To be confirmed next week
Can you afford to take that chance?
  • #3,354
  • Aug 23, 2019 4:30pm Aug 23, 2019 4:30pm
Quoting auricforecas
I love that the FED seems to have some authority.. and not to BOW but yet to release some pressure and show openness for further actions
I hope you are right. I have my doubts that the Fed is not cracking a bit under the pressure though. Some of the moves they have made recently blame the trade war for actions that otherwise would make little sense.
  • #3,355
  • Aug 23, 2019 4:32pm Aug 23, 2019 4:32pm
Quoting helgastrxd
{quote} I hope you are right. I have my doubts that the Fed is not cracking a bit under the pressure though. Some of the moves they have made recently blame the trade war for actions that otherwise would make little sense.
Well so far, it seems they cracked just enough to release some critical steam (you can find "proof" that they played it good... on the twitter (the aftermath tweets)... It seems that things are all nominal now and will continue to do so for the next 1-2months.. I believe or at least hope that this STALL/gridlock is OVER for some time.. otherwise... I mean... we might just make the EARTH STOOD STILL which is not sustainable.. It amazed me that they could almost completely freeze the market for more than a week already....
Can you afford to take that chance?
  • #3,356
  • Aug 23, 2019 4:34pm Aug 23, 2019 4:34pm
Quoting auricforecas
{quote} To tell you the truth I was quite (and) positively surprised by this.. They got my increased respect and confidence for this Because if they would bow to pressure.. ECB (and others) might follow and we might never see the end of it.. I mean... I am not even sure if the reasons for this "lower the rates" obsession are understood by the ones that proposed/s them... they seem to be focused only to "one" part only... like lowering rates/currency->increase exports.. among other things (increased loans/spending)... but what about paying...
Not being anti, just feel the market is pushing the Bat phone button, but Bruce is out partying
I don't need to be good at the game, only good enough to beat my opponent,
  • #3,357
  • Aug 23, 2019 4:34pm Aug 23, 2019 4:34pm
How do those Red Arrows and Green Arrows appear on my charts? Easy: When the median and close both cross EMA20 in the same bar, an arrow appears. Subsequent wobbling around EMA20 is ignored for a while.

I was out on errands Friday, so missed all the excitement (and presumably some pips as well).

Next week is another opportunity. Nice weekend for all.
  • #3,358
  • Aug 23, 2019 4:37pm Aug 23, 2019 4:37pm
Quoting Ll1979
my gold short got hit by news chinese tarifs
Ouch, sorry sir.

There are a few positions I won't take for more than an hour or so these days. They include:

  1. Long WTI
  2. Long S&P
  3. Short Gold

  • #3,359
  • Aug 23, 2019 4:40pm Aug 23, 2019 4:40pm
Quoting detector
{quote} Not being anti, just feel the market is pushing the Bat phone button, but Bruce is out partying
Hah! Maybe so, but also, I kinda love this times... to get some TIME for REAL TRADING... instead of watching the big ones fighting all the time.. at the expense of the "normal people"... Nothing disturbs my trading (model) more than when the central banks or some central power (figure) starts playing the almighty
Here is some relevant scene for you I just love for the HERO to REST a little.. so we can see what the markets are in REAL Just for a while... We can still bring another light, later Would just love to see REAL MARKETS, at least for a while
Can you afford to take that chance?
  • #3,360
  • Aug 23, 2019 4:41pm Aug 23, 2019 4:41pm
Quoting timingchain
The new Red Arrow on Thursday was timely, although I was not very confident about it--PA was wobbling at the time. {image}
TC, as ever, my choice of weapon deemed by the arrows, in conjunction with all associated (spellchecked) felt the Dow, Gold had more to offer, that said, nothing short of 360 pips from my first short, gave up with the rise only to be fooled, we live and learn, great post as always,don't stop, D
I don't need to be good at the game, only good enough to beat my opponent,
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