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The Swamp

  • #54,921
  • Mar 11, 2020 6:54pm Mar 11, 2020 6:54pm
Quoting DMA Trader
{quote} what do you mean by heavier. you are on profit on short take some profits. close part of longs. reduce leverage do not increase it
are you ok ? did you close the shorts on profits. could be a good place to close longs on loss. doesn't matter where i wrote or where i went short
account should be lighter now.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,922
  • Mar 11, 2020 6:55pm Mar 11, 2020 6:55pm
Quoting gatorinla
{quote} good luck. I saw a 30 year on tv today. He looked like he was in hell, talking about his illness. 2 weeks ago he was a typical 30 year old redneck enjoying life. He looks like a 50 year old ghost today.
this time it is diffrent, people don't understand what is coming. Iran and Itly are prime example.
don't predict direction, but dance with flow of water
  • #54,923
  • Mar 11, 2020 6:56pm Mar 11, 2020 6:56pm
North Korea and USA are closing borders with everyone ...
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,924
  • Mar 11, 2020 6:57pm Mar 11, 2020 6:57pm
Quoting DMA Trader
Short 1.133 EU - this area is resistance on H4 - to 1.136
tp 1.1305
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,925
  • Mar 11, 2020 7:00pm Mar 11, 2020 7:00pm
Quoting priceaction1
{quote} this time it is diffrent, people don't understand what is coming. Iran and Itly are prime example.
I'm with you. People I know may die.
those who can, do. those who cant, talk about those who can
  • #54,926
  • Mar 11, 2020 7:03pm Mar 11, 2020 7:03pm
Quoting DMA Trader
Short 1.133 EU - this area is resistance on H4 - to 1.136

out +11
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,927
  • Mar 11, 2020 7:04pm Mar 11, 2020 7:04pm
DOW -1000
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,928
  • Mar 11, 2020 7:05pm Mar 11, 2020 7:05pm
LONG SPX 2615
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,929
  • Mar 11, 2020 7:06pm Mar 11, 2020 7:06pm
gold is sold across the board
bitcoins - everything is sold

liquidation
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,930
  • Mar 11, 2020 7:08pm Mar 11, 2020 7:08pm
Limit reached
  • #54,931
  • Mar 11, 2020 7:08pm Mar 11, 2020 7:08pm
DAX time travel to 2014
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,932
  • Mar 11, 2020 7:09pm Mar 11, 2020 7:09pm
@AmericanAir statement: "“We are in contact with the federal government to understand and comply with this directive. The health and safety of our customers and team members remains our highest priority.”
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,933
  • Mar 11, 2020 7:10pm Mar 11, 2020 7:10pm
Quoting gatorinla
{quote} I'm with you. People I know may die.
every one will die one day
don't predict direction, but dance with flow of water
  • #54,934
  • Mar 11, 2020 7:10pm Mar 11, 2020 7:10pm
I wonder what'll happen to UAL, DAL, and AAL tomorrow? They dropped to $2-5 in '09. Air travel is not going to end....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #54,935
  • Mar 11, 2020 7:11pm Mar 11, 2020 7:11pm
also slower demand for fuel so lower oil prices. pressure again on energy and banks
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,936
  • Mar 11, 2020 7:12pm Mar 11, 2020 7:12pm
White House econ adviser Larry Kudlow on the coronavirus on Feb 25: "“We have contained this, I won’t say airtight but pretty close to airtight,”


Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,937
  • Mar 11, 2020 7:12pm Mar 11, 2020 7:12pm
Short Eu here 1.1323 here..
  • #54,938
  • Mar 11, 2020 7:14pm Mar 11, 2020 7:14pm
The limit is 5% until the NYSE open (then expands to 7%) *NASDAQ FUTURES REACH LIMIT-DOWN BAND OF 7,590 STOPPING LOSSES S&P futures came close, down 4.8% at their low. Here is a market without a limit *EURO STOXX 50 FUTURES DROP 7.3% POST U.S. TRAVEL BAN
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,939
  • Mar 11, 2020 7:15pm Mar 11, 2020 7:15pm
onald J. Trump @realDonaldTrump
2m
Hoping to get the payroll tax cut approved by both Republicans and Democrats, and please remember, very important for all countries & businesses to know that trade will in no way be affected by the 30-day restriction on travel from Europe. The restriction stops people not goods.


Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #54,940
  • Mar 11, 2020 7:15pm Mar 11, 2020 7:15pm
Still Short, Did Not Set Stop Loss To Protect Profit.
The Back Side Of The Long Term Upward Sloping Trend Line And WMA Were Both Tested With Resistance
This Signifies Bear Continuation (MayBe)

I Am Novice Trader
See Current Blue Candle Tested The Back Side Of The Long Term Upward Sloping Trend Line And Orange WMA Were Both Tested With Resistance.

Both Purple Resistance Lines, Orange WMA Line And White Upward Sloping Long Term Trend Line Were All Tested With Rejection.
Should Those Layers Of Resistance Hold, The Bear Move Down Should Continue.

Despite Everything Happening In The World, I Have Been Training To Only Listen To The Chart.
I Hope I Have Been Reading The Charts Correctly Based On Taught Defined Rules.

I Will Only Follow The Chart And Not My Heart Or What Is Happening In The World.

The Chart Says Stay With Shorts.

Position Trading I Am Learning Requires A Lot Of Patience I See.
If I Can Trade This Pandemic By Only Listening To The Chart And Be Successful, Then I Can Thank Patience And Discipline For Remaining Focused

Now Focusing On 1:1170 Target Below And See What Happens If Price Gets There

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Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
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