In contrast to what Jupiter said, this is where you want to see how the news pans out before jumping in. We are in the middle of a pandemic, better safe than sorry.
I am monitoring and may watch the US open before making a decision.
DAX, Nikkei 225 and Dow Jones only 11 replies
CFD DAX & DOW and more 17 replies
Carpe Diem: Nikkei 225 14 replies
finding good trades with Nasdaq, dow, spx, and dax 43 replies
Dislikedlong some @590, stop 570 ...maybe for back to 640 stop +3 now took some off at 625 , for rest stop at 600Ignored
Disliked{quote} It looks ok from a TA perspective (as I said in previous post; you’ll hit news highs and they will look for a reason to pullback). In contrast to what Jupiter said, this is where you want to see how the news pans out before jumping in. We are in the middle of a pandemic, better safe than sorry. I am monitoring and may watch the US open before making a decision.Ignored
Disliked{quote} Yes, agreed. Had another scalp long to 13637. But now I think we will get another leg lower after consolidating.... News wasn't good this morning, which is why I had a bearish bias, plus the technicals were ripe for a move lower.Ignored
Disliked{quote} 600-610 is a daily S (formerly R) IMO. If it doesn't hold, it's back to 500. Also, the virus news is nothing new, just a change of mayor that cleaned the air, not an acceleration of the virusIgnored
Disliked{quote} There was a jump in daily fatalities, plus a lot more new cases, so that's a good excuse to drive the market down ;-)Ignored
DislikedI don't know the level of participants here, but if I can share the way I see things and help anyone while structuring my own thought process, it is double jackpot :-) {image}Ignored
Disliked{quote} Maybe, but the market already decided it didn't matter on Jan 31st and after. We'll see, but I think shorting after it puked already 200 points is not something I would do in an otherwise bullish pattern. Good luck anywayIgnored
Disliked{quote} Maybe, but the market already decided it didn't matter on Jan 31st and after. We'll see, but I think shorting after it puked already 200 points is not something I would do in an otherwise bullish pattern. Good luck anywayIgnored
Disliked{quote} Hmm - not true. The market reacted to news this morning. Institutions use news to crash the market whenever it suits. It’s the ‘whenever it suits’ element which is subjective and means you can’t form a trading bias solely from news. But you should have an awareness..Ignored
Disliked{quote} Hmm - not true. The market reacted to news this morning. Institutions use news to crash the market whenever it suits. It’s the ‘whenever it suits’ element which is subjective and means you can’t form a trading bias solely from news. But you should have an awareness..Ignored