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  • #681
  • Dec 3, 2019 12:29pm Dec 3, 2019 12:29pm
Opened speculative sell EUR/USD 1.10819 first, target 1.10750- 1.10300
I don't need to be good at the game, only good enough to beat my opponent,
  • #682
  • Dec 3, 2019 12:34pm Dec 3, 2019 12:34pm
Might wanna close stocks now on the pull up if you got some
  • #683
  • Dec 3, 2019 12:37pm Dec 3, 2019 12:37pm
Quoting Lekkim
Might wanna close stocks now on the pull up if you got some
Closed my Dow L, think this could bounce back but mine is opportunist profit, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #684
  • Dec 3, 2019 4:26pm Dec 3, 2019 4:26pm
Quoting detector
Ef, do you think the seasonal rally will be compromised? seems every year its a given, do you think we are now in the rally up, my suspicious mind, seems gold has had a structured rise, would have expected a burst out but a cautious one, D
Well, it is a seasonally strong period of the year but the market was already up 25.3% going into December. If I have time tonight I'll try to calculate the average return for December for years that were already up >20% through November.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #685
  • Dec 3, 2019 5:18pm Dec 3, 2019 5:18pm
Quoting Ef5
{quote} Well, it is a seasonally strong period of the year but the market was already up 25.3% going into December. If I have time tonight I'll try to calculate the average return for December for years that were already up >20% through November.
Options expirations (rather massive this time) and position balancing by big funds are factors in Dec. Equities can jump when these clear away.
  • #686
  • Dec 4, 2019 6:11am Dec 4, 2019 6:11am
So far I've been wrong on retail power latest bear call
Daily chart below and as you see bulls yet again trying to increase the gap again against price
(read about 'the two extreme' in my volume thread for more explanation)
Attached Image (click to enlarge)
Click to Enlarge Name: oil4dec.PNG Size: 15 KB
  • #687
  • Dec 4, 2019 10:14am Dec 4, 2019 10:14am
Quoting Lekkim
So far I've been wrong on retail power latest bear call Daily chart below and as you see bulls yet again trying to increase the gap again against price (read about 'the two extreme' in my volume thread for more explanation) {image}
My call to close WTI yesterday looks to have been a big mistake, no regrets though an absolute stellar rise if I may say so, confirming what was suspected, the fall on Friday was a shakeout, should trust my judgement more (even a stopped clock is right twice a day LOL) made a similar mistake with gold and not keeping with it, would be concerned if this behaviour was loosing me money, however they have rewarded opportunist profit, the day I hold is the day I loose D
I don't need to be good at the game, only good enough to beat my opponent,
  • #688
  • Dec 4, 2019 10:23am Dec 4, 2019 10:23am
Quoting detector
{quote} My call to close WTI yesterday looks to have been a big mistake, no regrets though an absolute stellar rise if I may say so, confirming what was suspected, the fall on Friday was a shakeout, should trust my judgement more (even a stopped clock is right twice a day LOL) made a similar mistake with gold and not keeping with it, would be concerned if this behaviour was loosing me money, however they have rewarded opportunist profit, the day I hold is the day I loose D
With the OPEC meetings + EIA inventory numbers you'll never know which direction it will go. Earned a few dollars but it could have been 4 figures
Attached Image
persistence and determination alone are omnipotent
  • #689
  • Dec 4, 2019 10:25am Dec 4, 2019 10:25am
Quoting Ef5
{quote} Well, it is a seasonally strong period of the year but the market was already up 25.3% going into December. If I have time tonight I'll try to calculate the average return for December for years that were already up >20% through November.
Thanks Ef, could be another down leg forming, pundits talking of a seasonal rally in jeopardy (yesterday) because of trade talks, my guess, and it would be a wild one, like we all thought oil was going to $40, the rabbit out of the hat, ChinUSA deal announced to skyrocket the Dow, look forward to your findings if you have time, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #690
  • Dec 4, 2019 10:25am Dec 4, 2019 10:25am
Having a eye on the dow for a possible short.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 38 KB
persistence and determination alone are omnipotent
  • #691
  • Dec 4, 2019 10:28am Dec 4, 2019 10:28am
Quoting Ll1979
{quote} With the OPEC meetings + EIA inventory numbers you'll never know which direction it will go. Earned a few dollars but it could have been 4 figures {image}
Li, right on and do understand your sentiment, the one's that got away, but far have one in the bag, excellent D
I don't need to be good at the game, only good enough to beat my opponent,
  • #692
  • Dec 4, 2019 10:30am Dec 4, 2019 10:30am
Quoting Ll1979
Having a eye on the dow for a possible short. {image}
Me too, the 5min is missing the rise, getting rejected, wait for a spike or in now??? 27710 , D
I don't need to be good at the game, only good enough to beat my opponent,
  • #693
  • Dec 4, 2019 10:30am Dec 4, 2019 10:30am
Quoting detector
{quote} Li, right on and do understand your sentiment, the one's that got away, but far have one in the bag, excellent D
You made a nice recovery on the account D A few more good trades for the magic number
persistence and determination alone are omnipotent
  • #694
  • Dec 4, 2019 10:35am Dec 4, 2019 10:35am
Quoting Ll1979
{quote} You made a nice recovery on the account D A few more good trade for the magic number
Thanks Li, always welcome your support D
I don't need to be good at the game, only good enough to beat my opponent,
  • #695
  • Dec 4, 2019 10:36am Dec 4, 2019 10:36am
shorted some
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB
persistence and determination alone are omnipotent
  • #696
  • Dec 4, 2019 10:45am Dec 4, 2019 10:45am
Quoting Ll1979
shorted some {image}
Hey, nice scalp, I missed it, seem I'm getting "trade fright" got a buy signal gold, 66 bars back had the same pattern but it failed so caution, nothing on the Dow as yet, D
EDIT
27632 could be a magnet for the Dow, could see this as a pull back to leg down if it happens.
I don't need to be good at the game, only good enough to beat my opponent,
  • #697
  • Dec 4, 2019 10:50am Dec 4, 2019 10:50am
15 min now showing traits, if I shorting will look for a spike up, will post ASAP though, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #698
  • Dec 4, 2019 10:58am Dec 4, 2019 10:58am
Quoting detector
{quote} Hey, nice scalp, I missed it, seem I'm getting "trade fright" got a buy signal gold, 66 bars back had the same pattern but it failed so caution, nothing on the Dow as yet, D EDIT 27632 could be a magnet for the Dow, could see this as a pull back to leg down if it happens.
Not seeing the outer boundaries hit before any fall, could make a dash up, and will have to to confirm, oh, got a lovely message from Hst offering me to join a group who will trade my account, thanks Hst, but I'm fine, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #699
  • Dec 4, 2019 11:04am Dec 4, 2019 11:04am
Quoting detector
{quote} Hey, nice scalp, I missed it, seem I'm getting "trade fright" got a buy signal gold, 66 bars back had the same pattern but it failed so caution, nothing on the Dow as yet, D EDIT 27632 could be a magnet for the Dow, could see this as a pull back to leg down if it happens.
SL hit call it a day. Have a nice evening champ!
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
persistence and determination alone are omnipotent
  • #700
  • Dec 4, 2019 11:09am Dec 4, 2019 11:09am
Quoting Ll1979
{quote} SL hit call it a day. Have a nice evening champ! {image}
Li, thought you had scalped it, you'll get the next one, sorry, D
I don't need to be good at the game, only good enough to beat my opponent,
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