Now lets see the FTSE try and claw its way back up and close for another up day...I'm ready to shoot it back down :cheesy: Us Shorts(and that only applies to Trading :cheesy:) have been waiting a Verrrry Long time for a sign that the market has run out of steam!
As WS always points out the $...
Hi Sujith
I have great respect for you and follow your calls eagerly. I was just wondering do they only relate to normal market hours as I see the dow below 9090 at the moment.
Thanks
DiJ
Also read a comment by Sujith that the Dow could currently be developing the head of a H&S which when you look at the daily dow chart looks possible...it would be funny that the H&S formation (may to june) the media was talking about and that it was the begining of a massive move down(which now...
Morning All
Just a question regarding the $ index chart Sujith posted on friday indicating the blackline as a potential outcome...if so and the dollar index falls to around 75 before moving back up... then that would mean a further move up for oil and commodities as the dollar weakens which...
I have been contemplating a new strategy... open a second SB account, put 90% of my funds in that account... I trade as normal with the 10% left in the original SB account... everytime I make a trade I inform my girlfriend and she trades the opposite but trades with the 90% of the funds in the...
I'm watching the Dow it's having difficulty breaking above 9060 yet it does look determined... have a feeling we may break through and then test 9100 if that happens FTSE would be at 4600 and I guess oil would be rallying to $70... i have called it wrong so many times in the last 2 weeks but...
The DAX and CAC up 0.11% and 0.35% repectively and FTSE 0.6% per my IG Index quotes... The FTSE continues to defy gravity...The last 2 weeks have really been a wake up call...never trade against the trend. This weekend I'm going to set out rules I must not break if I wish to stay in this Game...
I have 9035 on the dow as the 38.2% retracement from the may 08 high to the march 09 low although the may 08 was not the all time high... Im hoping it acts as resistance as im short again...going against the trend...I guess I deserve what I get :cheesy:
DiJ