Hubble, Bubble, Toil and Trouble

EnlightenedJoe

Experienced member
1,950 95
And just how do you set that with your broker, clever clogs?
I am unfamiliar with stops at a broker. Maybe someone else can help. Since you check your trade every hour, nothing to stop you being your own broker.

Taking money from other people involves the risk of the victim clubbing you on the head. Try it on the street and see proof of what I am saying. If you can't sleep on that idea, then don't take other people's money. Simples.
 

barjon

Legendary member
10,248 1,545
I am unfamiliar with stops at a broker. Maybe someone else can help. Since you check your trade every hour, nothing to stop you being your own broker.

Taking money from other people involves the risk of the victim clubbing you on the head. Try it on the street and see proof of what I am saying. If you can't sleep on that idea, then don't take other people's money. Simples.
As usual, then, you actually added absolutely nothing of value.
 

counter_violent

Legendary member
9,597 2,438
What's this announcement about ?

Since they are pumping dax currently, I'd say there's a better chance of a santa dump this year. Other signs are also point to this.
Nobody is pumping dax.

Still not figured out yet that indices trading involves currency movements.
 

Kaeso

Established member
836 91
Go on then - how?
with some some brokers you can have a spread-trade stop i think but i dont know who (or its something which could be coded) it looks like you'll have to manually watch out for the clubbing :D
 

EnlightenedJoe

Experienced member
1,950 95
Nobody is pumping dax.

Still not figured out yet that indices trading involves currency movements.
JP morgan was pumping dax on bloomberg Thursday, some other entity is pumping dax on FT friday, with the headline still up. Looks like you haven't figured out pumping when it is right in front of your nose. Pump will be followed by a dump. Given the timing of the pump, the dump will likely to occur at Christmas or sooner, making a santa rally less likely. Although if they do a quick sharp dump now, a follow on rally may be possible. But I expect the pump to go on for a few weeks, so we are more likely to see a dump at Christmas.
 
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itspossible

Senior member
2,778 557
JP morgan was pumping dax on bloomberg Thursday, some other entity is pumping dax on FT friday, with the headline still up. Looks like you haven't figured out pumping when it is right in front of your nose. Pump will be followed by a dump. Given the timing of the pump, the dump will likely to occur at Christmas or sooner, making a santa rally less likely. Although if they do a quick sharp dump now, a follow on rally may be possible. But I expect the pump to go on for a few weeks, so we are more likely to see a dump at Christmas.
 

counter_violent

Legendary member
9,597 2,438
JP morgan was pumping dax on bloomberg Thursday, some other entity is pumping dax on FT friday, with the headline still up. Looks like you haven't figured out pumping when it is right in front of your nose. Pump will be followed by a dump. Given the timing of the pump, the dump will likely to occur at Christmas or sooner, making a santa rally less likely. Although if they do a quick sharp dump now, a follow on rally may be possible. But I expect the pump to go on for a few weeks, so we are more likely to see a dump at Christmas.
Anyone buying this sh1t ?:rolleyes:

Could the explanation be a whole lot simpler.
 

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EnlightenedJoe

Experienced member
1,950 95
Anyone buying this sh1t ?:rolleyes:

Could the explanation be a whole lot simpler.
I am willing to bet you bought my sh*t, because you would not be able to show a profit made from that supposed "correlation". Correlations don't exist. If you mess with the market long enough, and being observant enough, this point is very apparent. The correlations are designed to trap beginners.

You are being disingenuous with the chart, my version puts things into a proper perspective.

 

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itspossible

Senior member
2,778 557
^^^^^^^^^^^^^^^^
curve fitters blah correlation tangent-------add futher words blah copy trade blah trap beginners blah snowflake blah
 

EnlightenedJoe

Experienced member
1,950 95
The pump for dax continues as I expect it to. For how long I don't know. Since the pump is at market top (my estimate), it's probably a short pump for a fairly immediate dump. If this happens, then a santa rally becomes possible.

Head line pump at bloomberg on Thursday. Head line pump at FT for Friday and into the weekend. Monday's pump is a front page sub-head line at bloomberg: "Euro-Area Confidence Surges to 17-Year High". With the pumping moderating rather quickly, I estimate an imminent dump to occur in days. Will this drag other indexes down ? Possible, but my data doesn't indicate it will be a crash-sized dump.
 

wallstreetwarrior87

Experienced member
1,625 319
The pump for dax continues as I expect it to. For how long I don't know. Since the pump is at market top (my estimate), it's probably a short pump for a fairly immediate dump. If this happens, then a santa rally becomes possible.

Head line pump at bloomberg on Thursday. Head line pump at FT for Friday and into the weekend. Monday's pump is a front page sub-head line at bloomberg: "Euro-Area Confidence Surges to 17-Year High". With the pumping moderating rather quickly, I estimate an imminent dump to occur in days. Will this drag other indexes down ? Possible, but my data doesn't indicate it will be a crash-sized dump.
I would concur on a smallish dump, but more to do with time and price, but the same sort of situation, nothing crash sized or anything like that, as the volume levels still dont indicate this. Whatever the reason for the pump (maybe dax sympathises with NQ more than Dow? Maybe 13000 push was a retail trigger? Cheaper euro better value?), the fact is that it has pumped, and the world sees this.

Still think volatility is a better play into Feb. Just a personal opinion.
 

wallstreetwarrior87

Experienced member
1,625 319
Not suggesting a major correction (yet), just a reversion from exuberance. Using a simple time/price measured move. Looks to be seeking the area nicely, the grey box roughly comes in Tues/Wed. Would need a bit of decent profit taking to kick us off then the chasers can dump out.

Never say no to a Santa rally:cheesy:
Price wise, pretty much there with the high earlier, time wise, a day early, so in theory still time to test if she wants to, then we can see how strong she is up here.
 

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brewski1984

Senior member
2,025 343
Well given the strength of wordwide indices this year, I can see no reason why they should not continue higher (christmas rally). If he holds on using the trail stop strategy, it could be a life changing sum.

There's a rumour that if this happens, he is taking everyone out, all expenses paid **** up :devilish:
Hope the grantley arms has space for everyone :LOL:
 

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