Dammit, I'm short BARC here, target 160 :lol: I'll be taking my compliments back in a minute.
You'll understand if I don't wish you luck with this one! :lol:
Hey wallstreet, enjoying the thread, keep up the good work.
Just an opinion from a non-chartist, but this mkt should go down properly today... ISM non-manufacturing no. the key: acceleration in the decline puts a spike in the recent nonsense about things getting 'bad less quickly'...
0.5% down...
OK Guru master... 122.50 and lower hit on long gilt futs. Pure blind luck on my part. :lol:
You wanna use your voodoo to call an index and a level for tomorrow and we'll call it quits?
OK, gonna make one post only on this thread as this seems like a fairly pointless argument. The 'news' today tells me the following: we looking at another equity capitulation here. FASB mark to mkt change tomorrow should see the financials bounce, then quickly get demolished as people realise it...
Personally I trade from a macro/fundamental perspective (not to be confused with scalping data releases), and don't pay much attention to charts at all, other than being aware that the big picture techy indicators (e.g. fib levels, RSI) can tend to be self-fulfilling prophecies with so many...
TomTom: curious to understand how you got there from £2k Long 6845 DOW/ £2k Long 3560 Foostie given what happened last night? Have you doubled down again?
Always keen to see how somebody trades their way out of a hole as I've been there too many times myself! Thanks
EDIT to say: very glad to...