Chalky_trader
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Dax through Yesterdays high, next stop 9725?
P
postman
Dax next stop 9610 end of today.
P
postman
Bad US housing data, Dow must be going up then. 
Chalky_trader
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Ive woken up all bullish today.....
9740 by 16.30 today
(just for fun of course im not trading till we get some US direction)
P
postman
Whats wrong with this picture ...
Crude Oil (NYM:CLU14) has experienced some great volatility on a swing basis over the last few months, but recent trading has been more muted, as buyers and sellers are jockeying for position ahead of the next key wave of movement.
Buyers Looking to Squeeze the Shorts
The buyers who are currently defending price off the 101 key level are attempting to run the upside buy stops of the sellers that entered the move off the 103 key level last week.
Anyone still holding short positions is at risk to have their stops run, which could trigger a cascading effect into 103, and potentially higher.
That is, if buyers can take VPOC bid through 102.20, we could see a rally back toward resistance at 106.11, with scaling points at 103 and 105.13.
Here’s the kicker: if buyers fail to get VPOC to go bid through 102.20, they become at risk to have their sell stops run below 101 into the 100.55 LVN, and potentially lower.
The price of Oil is being moved up and down artificially to take traders money from them!
This is reported as fact not speculation, it is so common for the price of a commodity which is needed by the whole world on a daily basis to be manipulated that people no longer question the practice.
Not once does it say the price of oil moved because of political tensions or supply / demand issues. Its purely to screw the guy on the other end of the trade!
Maybe this should be on the Victor thread.
Crude Oil (NYM:CLU14) has experienced some great volatility on a swing basis over the last few months, but recent trading has been more muted, as buyers and sellers are jockeying for position ahead of the next key wave of movement.
Buyers Looking to Squeeze the Shorts
The buyers who are currently defending price off the 101 key level are attempting to run the upside buy stops of the sellers that entered the move off the 103 key level last week.
Anyone still holding short positions is at risk to have their stops run, which could trigger a cascading effect into 103, and potentially higher.
That is, if buyers can take VPOC bid through 102.20, we could see a rally back toward resistance at 106.11, with scaling points at 103 and 105.13.
Here’s the kicker: if buyers fail to get VPOC to go bid through 102.20, they become at risk to have their sell stops run below 101 into the 100.55 LVN, and potentially lower.
The price of Oil is being moved up and down artificially to take traders money from them!
This is reported as fact not speculation, it is so common for the price of a commodity which is needed by the whole world on a daily basis to be manipulated that people no longer question the practice.
Not once does it say the price of oil moved because of political tensions or supply / demand issues. Its purely to screw the guy on the other end of the trade!
Maybe this should be on the Victor thread.
P
postman
Along with the gloom and doom merchants calling for a crash again this makes a refreshing change...
"Our view is pretty simple, but let me break it down for you. If the S&P opens down we plan on buying it. If the S&P sells off, we plan on buying it.
If it closes down hard in one day, we want to buy it. If it’s down 2 days in a row we want to buy it and if it were to close down 3 in a row we are all in."
Its worked pretty well for a number of years now.
"Our view is pretty simple, but let me break it down for you. If the S&P opens down we plan on buying it. If the S&P sells off, we plan on buying it.
If it closes down hard in one day, we want to buy it. If it’s down 2 days in a row we want to buy it and if it were to close down 3 in a row we are all in."
Its worked pretty well for a number of years now.
Chalky_trader
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Theres a red flag news item at 15.00 might cause a decent move that we can fade
fingers crossed
fingers crossed
best to probably stay out till then
Chalky_trader
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anyone know of a good twitter feed for news announcements real time ?
P
postman
Chalky_trader
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Thanks I will have a look
Chalky_trader
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P
postman
Lets keep that Dax close tucked nicely in the middle of the days range, the intraday and swing traders just Lurve that .... NOT !
Chalky_trader
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9650
Guess you win Postie...
US going red now so 9610 possible by 21.00 UK time i would have thought
Guess you win Postie...
US going red now so 9610 possible by 21.00 UK time i would have thought
P
postman
I'm guessing Dow finishes in the middle of the days range
, which is probably around 17005.
P
postman
Dow Jones Industrial Average (^DJI)-DJI
Prev Close: 16,982.59
Day's Range: 16,956.08 - 17,056.46
Exactly 100 point fall, what an amazing coincidence, not 'managed' at all. :whistling
Prev Close: 16,982.59
Day's Range: 16,956.08 - 17,056.46
Exactly 100 point fall, what an amazing coincidence, not 'managed' at all. :whistling
P
postman
Watching Obama speaking on Russian sanctions reminded me of the film "Thirteen Days" about the Cuban missile crisis. Amerika is using money as a weapon and is now trying to establish a diplomatic protocol with Russia to show how 'infractions' will be punished with escalating levels of sanctions.
The only thing I can say is Obama is no where near as clever as the Kennedy's and he doesn't have as much control as they did, so this could all go horribly wrong.
Mr market doesnt seem to like it either.
Just one mans opinion.
The only thing I can say is Obama is no where near as clever as the Kennedy's and he doesn't have as much control as they did, so this could all go horribly wrong.
Mr market doesnt seem to like it either.
Just one mans opinion.
1
12WBT
Looking at S&P valuations
Current value is 1920, with forecast first 1/4 2015 at 1950.
Market is 1968
Current value is 1920, with forecast first 1/4 2015 at 1950.
Market is 1968
psaTrading
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U.S. stocks are ranging after the adoption of sanctions against Russia from the European Union.
The last “Momentum”, which have been fueled by profits that topped analysts’ estimates, is slowing down.
Today, the trading volume was relatively high in the SP500.
The geopolitical risk remains high but corporate profits have supported the valuations in the main Indexes.
The last “Momentum”, which have been fueled by profits that topped analysts’ estimates, is slowing down.
Today, the trading volume was relatively high in the SP500.
The geopolitical risk remains high but corporate profits have supported the valuations in the main Indexes.
