So much resistance at 790..... will we 850 or is going down hill from here?
- #2,462
- Edited 5:01am Aug 10, 2021 4:20am | Edited 5:01am
- Joined Jul 2016 | Status: Trader | 1,453 Posts
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
- #2,463
- Aug 10, 2021 7:01am Aug 10, 2021 7:01am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,464
- Aug 10, 2021 7:03am Aug 10, 2021 7:03am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
{quote} he doesn't want to go anywhere yet
I call upon my father's spirit , watching over me
- #2,465
- Aug 10, 2021 7:18am Aug 10, 2021 7:18am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,466
- Aug 10, 2021 7:37am Aug 10, 2021 7:37am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
{quote} very prudent. i also stay cautious. some points taken are better than some points lost... enjoy the sea! tomorrow i'll be in the alps again. next days should be good weather
I stay close to the sea since last July days, and all around is an hot oven.
Internet connection at the sea so and so, not reliable , specially if I have to follow multiple positions as I did in the glorious old days.
Then I hit my minimum Quarter pips target, so I'm lucky to stay on sidelines and not forced to step into this slow and lazy market.
It's important to made gains here, but it's also important to dont give back some of these gains.....
and yes, SudTirol weather looking good next days, for you, after some weeks so and so. Then Meran has always best weather around there.....
I call upon my father's spirit , watching over me
- #2,467
- Aug 10, 2021 7:53am Aug 10, 2021 7:53am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
Fishing, sailing, swimming, running, walking, playing and so on.......
I call upon my father's spirit , watching over me
- #2,469
- Aug 10, 2021 9:11am Aug 10, 2021 9:11am
- Joined Jul 2016 | Status: Trader | 1,453 Posts
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
- #2,470
- Aug 10, 2021 9:16am Aug 10, 2021 9:16am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,471
- Aug 10, 2021 9:19am Aug 10, 2021 9:19am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
Ger30 vs UsaVix (m2) today ... Vix prices have breakout its ma200 ... and have always been lower ... P.S. So the Dax ... swung in a crescendo above its ma200 ... {image}
Gone are the days when in 10 minutes DAX went up or down for 100 pts......
Nowadays 100 minutes to see a 10 pts leg higher or lower
I call upon my father's spirit , watching over me
- #2,472
- Aug 10, 2021 9:39am Aug 10, 2021 9:39am
- Joined Jul 2016 | Status: Trader | 1,453 Posts
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
- #2,473
- Aug 10, 2021 9:43am Aug 10, 2021 9:43am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,474
- Aug 10, 2021 9:45am Aug 10, 2021 9:45am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,475
- Aug 10, 2021 9:50am Aug 10, 2021 9:50am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,476
- Aug 10, 2021 9:55am Aug 10, 2021 9:55am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
I call upon my father's spirit , watching over me
- #2,477
- Aug 10, 2021 10:27am Aug 10, 2021 10:27am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Practice makes a person perfect
- #2,478
- Aug 10, 2021 11:09am Aug 10, 2021 11:09am
NO VOLATILITY, NO PARTY......done my day:+6+8+=TOTAL +14 pips FDXM. Evry green pip counts, every cent of profit, I kiss the sky!!! We can't always have tons of pips ranges everyday..... https://www.youtube.com/watch?v=CzqqVFb9p4U
Which is great of course! That´s why we are riding the wild horse, isnt it?
- #2,479
- Aug 11, 2021 1:11am Aug 11, 2021 1:11am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
{quote} Maybe it is just me but today reminds me of 14th july… I think we will see some nasty dances very soon… if not tomorrow. Which is great of course! That´s why we are riding the wild horse, isnt it?
Mid July there were only 2 days in strict congestion.
Reminds me mid February week 2020, when we had 4 days in range before the Covid explosion that leaded DAX from 13700 to 8250 in less than 20 days.
But probably this time is different.
There's a political, economic, financial will to support worlwide economy in this way, with these high prices hit by Companies on stock market.
Every corrections we saw last months were short lived, at max a couple of days, sharp days and then up again and again.
Make no sense in this scenario talk about KEY LEVEL prices, support and resistances......for 10/20 pts leg higher or lower.
But ther's 1 point that it seems markets were sensible in the past, and it was 3dr friday monthly/quarter expiration.
Every strong market move was linked or influenced by that expiration. And for Augusy this means 20 August.......
So there's a chance they could go this way for another week...at least another week.
I'm aware these could be only a simple retail trader mind games, but I wish to share with all people around this journal.
Inserted Video
I call upon my father's spirit , watching over me
- #2,480
- Aug 11, 2021 1:23am Aug 11, 2021 1:23am
- Joined Aug 2014 | Status: Trader | 85,243 Posts
Anyway for today 1st sign of weakness below 760 zone for DAX CASH INDEX, otherwise no downtrend in sight!
Then if prices will go down 720 zone there's a chance to hit 650/670 zone.
In the while another heavy hot day here, specially for Sardinia and Sicily.......
Then if prices will go down 720 zone there's a chance to hit 650/670 zone.
In the while another heavy hot day here, specially for Sardinia and Sicily.......
I call upon my father's spirit , watching over me