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The Swamp

  • #55,261
  • Mar 13, 2020 3:59am Mar 13, 2020 3:59am
Quoting DMA Trader
{quote} closed again this short for about 45 handles. 1H support. - careful shorting here.

so everybody will short the market
everybody will sell stocks over the weekend

this is what i am hearing.

too easy right ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,262
  • Mar 13, 2020 4:05am Mar 13, 2020 4:05am
Quoting DMA Trader
{quote} imho on this scenario you are not taking into consideration the following 1 - hard to get earnings growth this year. SPX already had very elevated valuation 2 - i agree with a possibility of a V shape but not sure right now. since i cannot time the market. i am buying stocks on my investment portfolio 3 - what about layoffs. I've let go some of the personnel. more to come. others are doing the same in Europe. 4 - confidence in market is destroyed again - huge rally ? for sure. tell me what retail investor will go in after this month 5 -...
Good to look at the other side of the coin too. My buy on shell missed somehow at 1105 this morning

Without being too heartless, haven't we been through many tragedies and the result the same? The market eventually comes back stronger, so any discount of this size might be short lived. So if you're picking stocks with dividend in mind how do you lose at this time with a 1-10 year timeframe in mind? We will not stop using energy, insurance, food etc.

https://www.proactiveinvestors.co.uk...bs-914644.html

If shell do maintain the divi thats 13% going forward no?
  • #55,263
  • Mar 13, 2020 4:50am Mar 13, 2020 4:50am
Quoting KiwiTrada
I have decided to close my UC longs and flip building a position going into 1 4000, it isnt previous monthly high but that candle 1 1 2016 pushed to 1 4689 it closed with a big wick @ 14000 which was the resist prior to that monthly candle 1 4 2004 so figuring she might have sellers lurking :-)
bears first obstacle coming up 1 3792 was previous weekly resistance of this rally yesterday and 4hr shows bears defended well, yes bulls did get through eventually, but if she closes around here daily would be double top and weekly would be all wick, which to me says bull have yet to breach it and only pierced,
moving stops to BE+ a few and watch and wait
If you are new to Forex? Say Goodbye to your account!!
  • #55,264
  • Mar 13, 2020 5:04am Mar 13, 2020 5:04am
getting confident with EU short.

but also have enogh short so FED doesn't kill me with their bazooka
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,265
  • Mar 13, 2020 5:33am Mar 13, 2020 5:33am
Quoting Fxminer
Sell at 1220-1239, TP waiting NY Open
Lowering Sell at 1212-1217, Black Friday maybe
  • #55,266
  • Mar 13, 2020 5:41am Mar 13, 2020 5:41am
Quoting DMA Trader
getting confident with EU short. but also have enough short so FED doesn't kill me with their bazooka
I'm sure some stimulus plan is coming (ask for, I mean). Corona will keep people from traveling to hotels and golfing. The Manhattan real estate will be in a downspin, with stock market. The thing is, someone will have to bend a knee to get Nancy to sign off. Oops .. Deutsche Bank is getting so much scrutiny now. They may not be able to come to the rescue before November. The Duke brothers will miss some payments within the next 7 months.. This red equity market is going to make a bailout, from Deutsche Bank impossible. After Nov. I dont think Eddie Murphy has enough money to bring the Dukes back. Because the books will be opened. A RICO charge/conviction forfeits all illegal gains. It's hard to fight one, if the bank admits guilt.
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those who can, do. those who cant, talk about those who can
  • #55,267
  • Mar 13, 2020 5:50am Mar 13, 2020 5:50am
Quoting DMA Trader
getting confident with EU short. but also have enogh short so FED doesn't kill me with their bazooka
bringing down stop.
those who can, do. those who cant, talk about those who can
  • #55,268
  • Mar 13, 2020 5:51am Mar 13, 2020 5:51am
From Newsqawk...EurUsd 1.1162 atm...option price levels kind high.. ...tighten your positions just in case..
of course.. they may be all worthless... that is what I hope for..
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  • #55,269
  • Mar 13, 2020 5:52am Mar 13, 2020 5:52am
Still in a long with gold, could be an inverse h&s. Hoping it isn't consolidating for more down,certainly risky either way right now.
I play the trade gamble to feed my Porsche addiction.
  • #55,270
  • Mar 13, 2020 5:52am Mar 13, 2020 5:52am
Quoting DMA Trader
{quote} so everybody will short the market everybody will sell stocks over the weekend this is what i am hearing. too easy right ?
the last 2 fridays it went up b4 close. I kinda think the fed is medling.
those who can, do. those who cant, talk about those who can
  • #55,271
  • Mar 13, 2020 5:58am Mar 13, 2020 5:58am
Quoting Boulder
From Newsqawk...EurUsd 1.1162 atm...option price levels kind high.. ...tighten your positions just in case.. of course.. they may be all worthless... that is what I hope for.. {image}
I may be sorry I read this. I positioned for a 1.12 rise. 40/90 pips better to short from..
those who can, do. those who cant, talk about those who can
  • #55,272
  • Mar 13, 2020 6:04am Mar 13, 2020 6:04am
Quoting gatorinla
{quote} I may be sorry I read this. I positioned for a 1.12 rise. 40/90 pips better to short from..
Bears still in control so far... using data points.. they just reversed M30 trend... with H4 still fresh trend... more room to downside..
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  • #55,273
  • Mar 13, 2020 6:08am Mar 13, 2020 6:08am
Quoting gatorinla
{quote} I may be sorry I read this. I positioned for a 1.12 rise. 40/90 pips better to short from..
just keep in mind about option levels . that is for just in case.. so you know where they would go... a lot of times.. esp for now its 50 pips away.. they maybe worthless...
  • #55,274
  • Mar 13, 2020 6:16am Mar 13, 2020 6:16am
Quoting Boulder
{quote} just keep in mind about option levels . that is for just in case.. so you know where they would go... a lot of times.. esp for now its 50 pips away.. they maybe worthless...
atm my 5 min is 1196.. a 10 pip overshoot above is ok.. 7.5 min at 1209. The last two highs were contained by the 7.5 min. I may try/add a short there.. If it dont get there..no harm no foul.
those who can, do. those who cant, talk about those who can
  • #55,275
  • Mar 13, 2020 6:20am Mar 13, 2020 6:20am
Quoting gatorinla
{quote} atm my 5 min is 1196.. a 10 pip overshoot above is ok.. 7.5 min at 1209. The last two highs were contained by the 7.5 min. I may try/add a short there..
its good to be cautious .... new opportunity will always come
  • #55,276
  • Mar 13, 2020 6:31am Mar 13, 2020 6:31am
Quoting gatorinla
{quote} I'm sure some stimulus plan is coming (ask for, I mean). Corona will keep people from traveling to hotels and golfing. The Manhattan real estate will be in a downspin, with stock market. The thing is, someone will have to bend a knee to get Nancy to sign off. Oops .. Deutsche Bank is getting so much scrutiny now. They may not be able to come to the rescue before November. The Duke brothers will miss some payments within the next 7 months.. This red equity market is going to make a bailout, from Deutsche Bank impossible. After Nov. I dont...

that's why i said. this QE rates to 0 will be the last chance to short
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #55,277
  • Mar 13, 2020 6:38am Mar 13, 2020 6:38am
Quoting DMA Trader
{quote} that's why i said. this QE rates to 0 will be the last chance to short
meaning you think it going down longer term?

Btw tesla as hold, not a trade (tech/battery company wise), may by a nibble.
those who can, do. those who cant, talk about those who can
  • #55,278
  • Mar 13, 2020 6:41am Mar 13, 2020 6:41am
Quoting Boulder
{quote} its good to be cautious .... new opportunity will always come
Proper PPE..
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those who can, do. those who cant, talk about those who can
  • #55,279
  • Mar 13, 2020 6:43am Mar 13, 2020 6:43am
If the Fed announces QE and takes rates to zero the Euro will go up not down.


Cheers

Jeff
I EAT PIPS
  • #55,280
  • Mar 13, 2020 6:47am Mar 13, 2020 6:47am
Quoting gatorinla
{quote} meaning you think it going down longer term? Btw tesla as hold, not a trade (tech/battery company wise), may by a nibble.

investing is different - i will rather invest money in tesla than in my own business in my country where bankrupcy rate will go hiperbolic. so not about trading here

trading buy absolutly not. just on some other crazy crash tonight pot probability to close the market will be high

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about eur the damage in economy is so big that they will probably get fast to a bank holiday
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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