890 is a 61.8 retracement in the fib.
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- #4,183
- May 18, 2020 9:01am May 18, 2020 9:01am
- | Joined Dec 2014 | Status: Trader | 1,638 Posts
curious to see if we touch 10k today. those bastards should wait till brixen is back.. he's hopefully enjoying his well deserved day at the beach
- #4,184
- May 18, 2020 9:09am May 18, 2020 9:09am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Patience needed - I'm outside reading a book with alerts set 
Trading Levels with WRBs
- #4,185
- May 18, 2020 9:20am May 18, 2020 9:20am
- Joined Oct 2010 | Status: Trader | 2,820 Posts
Patience needed - I'm outside reading a book with alerts set
- #4,186
- May 18, 2020 9:59am May 18, 2020 9:59am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Patience needed - I'm outside reading a book with alerts set
NQ led the way up, finally after more than two hours of ranging Dax moved up to hit a POC level off my hourly chart at 10,975. I was late, but got some of the move. Sufficient for today
Above is the BRN and last Monday's high - IMO Dax will need more help from NQ to get up there today. TWT
Trading Levels with WRBs
- #4,188
- May 18, 2020 11:24am May 18, 2020 11:24am
- Joined Aug 2014 | Status: Trader | 85,180 Posts
It seems markets don't care about US/China rhetoric and focus only on real money and facts. This is a fact, a real fact...... {image}
I'm almost sure, history repeat itself.
On October 2002 in full free fall worldwide mode (markets were well below 11 Sept 2001 attack lows) Japan Funds bought Yahoo shares. It was the rise for Nasdaq and worlwide indices for months and months.
Late 2008 early 2009 Singapore Sovereign Fund bought large stakes in UBS + some other well known Banks, after US financial subrime crisis (historical Bear Sterns in bankruptcy).
Those days US Big Funds bought Citigroup at 1$ each share , and FIAT Chrisler at 3$ each share. In only few months Citigroup went up to 4 $ and Fiart Chrìysler well above 20....
2011/2012 crisis, specially Energy sector crisis, Norway Wealth Fund bought big giant Oil Companies all around the world....and so on.
It's a signal, a super strong signal.
Big Boys make money every day, ups and down, Algos and so on, while these Large Funds set the tone for next days/weeks or months.
To be continued.....
I call upon my father's spirit , watching over me
- #4,189
- May 18, 2020 11:38am May 18, 2020 11:38am
- Joined Aug 2014 | Status: Trader | 85,180 Posts
curious to see if we touch 10k today. those bastards should wait till brixen is back.. he's hopefully enjoying his well deserved day at the beach
It was 1st day of freedom here, after more than 70 days! But I paid a price: DAX riding 5% in one day, probably good gains for me, probably not, who knows....
I call upon my father's spirit , watching over me
- #4,190
- May 18, 2020 11:48am May 18, 2020 11:48am
- | Joined Dec 2014 | Status: Trader | 1,638 Posts
{quote} Completely dedicate to my sons and to the sea.....it was hot but not too much and cloudy. It was 1st day of freedom here, after more than 70 days! But I paid a price: DAX riding 5% in one day, probably good gains for me, probably not, who knows.... {image}
- #4,191
- May 18, 2020 11:52am May 18, 2020 11:52am
- Joined Aug 2014 | Status: Trader | 85,180 Posts
{quote} glad to hear you enjoyed this day. surely it will refresh you for the rest of the week and trading will be even better. .. today here they allowed restaurants etc. to open again. 2 weeks or so and they reopen baths, fitness halls etc. ... probably 3 weeks and i'll be in meran again!!!
My daughter wish to go in Brixen valley after the school will be closed....we'll see. I have a lot of sons to think about.....not easy to please them all!
I call upon my father's spirit , watching over me
- #4,192
- May 18, 2020 12:20pm May 18, 2020 12:20pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
MAESTRO LEONARDO previous levels, 10100 zone and 10550 indicated the way on the upside last couple of days....
I call upon my father's spirit , watching over me
- #4,193
- May 18, 2020 12:31pm May 18, 2020 12:31pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,194
- May 18, 2020 12:33pm May 18, 2020 12:33pm
- Joined Jul 2016 | Status: Trader | 1,453 Posts | Online Now
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
- #4,195
- May 18, 2020 1:01pm May 18, 2020 1:01pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,196
- May 18, 2020 1:10pm May 18, 2020 1:10pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,197
- May 18, 2020 1:12pm May 18, 2020 1:12pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,198
- May 18, 2020 1:23pm May 18, 2020 1:23pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,199
- May 18, 2020 1:24pm May 18, 2020 1:24pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me
- #4,200
- May 18, 2020 1:24pm May 18, 2020 1:24pm
- Joined Aug 2014 | Status: Trader | 85,180 Posts
I call upon my father's spirit , watching over me