DislikedClosed my 2nd S&P500 futures at 1106, +327 pips, still have one short openIgnored
I can only get currency, gold and silver in MT4 platform.
What do you use for sp500, dj and other index for charting. Thanks.
Cot - Report in application to the Forex 2 replies
COT report... futures or futures and options report? 6 replies
Fundamental Analysis - Trade Ideas 2 replies
EA, GA, GCAD, GJ, GN - Analysis and trade ideas 8 replies
COT report 1 reply
DislikedClosed my 2nd S&P500 futures at 1106, +327 pips, still have one short openIgnored
DislikedAre you using MT4 for all your trading.............
I can only get currency, gold and silver in MT4 platform.
What do you use for sp500, dj and other index for charting. Thanks.Ignored
DislikedAnd here is the S&P.
I don't fully trust it yet that we are heading south.
The thing is that we havn't visited the 1235 level what I think is something that we should. So we have Option A when the green Neckline would break. and Option as long as we stay above the important neckline.
Might be that this years High is not the head but the first shoulder and THEN around 1235 the head. Better to take small longs instead of shorts as long as the neckline is intact. After the break wait for retest and short full.Ignored
DislikedG'day Shahab - nice trading Your broker must adore you Gotta love this volatility. A/J is bouncing all over the place. I don't even dare to close a trade manually at the moment - I was just scalping for 10 pips at a time and some trades were being closed in a blink of an eye. Open interest has dropped significantly across the board on the SSI. Every currency is below it's monthly average. That always says to me that more than a few traders probably got their butt handed to them this week.
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DislikedThanks patience, yes it was a wonderful week, could have been better if I never shorted Gold but no worries on that one.I assume a few traders got margin call last week, that was the reason FF was quite on Thurs and Fri.
btw, are you saying A/J is bouncing right now on you Oanda platfrom? I took few long A/U on late Fri, assuming we might see gap on Mon.Ignored
DislikedOkay - wasn't around FF yesterday and I only really check in on this thread now but it's definitely not the environment for tight stops.
No, I meant A/J bouncing around yesterday. The prices on Oanda are stable at the moment and pretty much where we closed on Friday but the ECB need to get something organised to calm the markets. I heard that President Obama was on the phone to Europe. Bloomberg did say the Whitehouse would start moaning around 1.25. Right on the button.Ignored
DislikedPatience, thank you for the weekly report, but I wonder what's happened to the rest of the report? I see only up to page 3. If you uploaded like that, it's OK, don't bother to do it again.Ignored
DislikedI have already mentioned it a lot of times and do it once again: I still think that the parity on EUR/USD is a must. Most likely the bottom will be formed somewhere around .9550-9650 level. Timing is unknown to me but for the moment the market is likely to calm down a bit and to retrace today's losses. At least partially. The next USD bullish rally are likely to be driven but the burst of the gold bubble and the AUD and CAD will be become the losers of the decade pretty much like they have been the winners for the last year or two.Ignored
DislikedRetracements are likely to occur over the next couple of weeks or so. Then the uptrend on the USD should resume. For the DJIA the next target and support is likely to be around 8.000 (I would say that this is another "must reach" target). Such move is likely to be followed by some sort of range trading ( 8K-11K) before another bearish wave comes in targeting 3000-3500 level initially. The burst of "gold bubble" could be seen as the next potential excuse for the USD rally and the eventual collapse of AUD and CAD. For the AUD/USD the longer-term...Ignored
DislikedThat's funny. I just got to the end of page 3 and noticed the same. That's it unfortunately. Error from their end and they obviously haven't noticed because they haven't sent another email through attaching a complete report. If they do, I'll re-post it.
While I am at it, can I just quote a couple of Igrok's latest posts Don't slit your wrists just yet ...Ignored
DislikedThanks. Speaking of gold and E/U , do you remember I told you Gold should go up again in order to complete the whole multi decade up trend? I think if we see a double top, that will satisfy the wave count, after that free fall will come.for E/U , I think we will see parity as I posted before.Ignored
DislikedYou know I don't like shorting gold - I haven't touched it for months now. I agree that it should re-test the highs and you can imagine everyone will be thinking double top and will be shorting the stuffing out of it but I am thinking that it will go further than that after an initial retrace at the double top. With all this fear in the market, I just don't think we've seen the top and I find it really difficult to short bullish weekly and monthly candles. $1,500 anyone?
Anyway where is all that money going to go once the gold bubble bursts?...Ignored