tennisball
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Hey there. MA is moving average.
Hey there. MA is moving average.
Bloodhound
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Good morning!!
wallstreet1928
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Morning Minime and morning to Kitejedie.........Oh and tennisball the comedian!!
I'm sorry i left out SD, morning to you too my friend
so what do we have in store for today guys?
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minime69
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poss retrace if we can get through 3622, upto 3700ish. if we cant break through 3622, then down past 3565 and onto 2003 lows of 3250.
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wallstreet1928
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yes you have a good point but with US futures up pretty strongly we could get a push higher at the open, but if not then 3730 is a good short on DAX.......
but remember this market has a new psychology as noted inthemoneystocks videos, it always pierces MA's then falls....so lets see!!
trade what we see guys, I'm not falling into that trap again
wallstreet1928
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Are you still buying TomTom?
wallstreet1928
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I have started to sell the S&P all the way up to 720!!
downward sloping trend line resistance
downward sloping trend line resistance
wallstreet1928
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Bloodhound
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At present I am looking for buying opportunities up to 3760. When (if) we reach there I'll be having a pause to think about life!!! Assuming this is the start of a wave 4 correction then I see no reason for us not seeing 3960 by the end of the week.......
Hi,
I have been having a look at this forum for a few weeks now and I have to say you seem to be very good bunch of guys. I am really very pleasantly surprised at the effort you put in to help each other since this can be very time consuming.
I dabble a bit here and there and was quite happy to see my Bank of China shares not continue on their slippery downward path after the falls in American exachanges yesterday. However, that is unrelated to this forum and the question I want to ask.
So as a first post ..... I am a tad confused about the price of gold as it has dropped in line with the markets over the last few days. I suppose it needed a breather after it recent increases however it does belie it status as 'safe haven', which I don't really beieve anyway in my simplistic way ..... . So, if it is appropriate for this discussion group, do you think the gold price falling is a short term positive for the markets or is there now no relationship between the two?
All the best and keep it up
Michael (..... sorry ....... tasmanian)
I have been having a look at this forum for a few weeks now and I have to say you seem to be very good bunch of guys. I am really very pleasantly surprised at the effort you put in to help each other since this can be very time consuming.
I dabble a bit here and there and was quite happy to see my Bank of China shares not continue on their slippery downward path after the falls in American exachanges yesterday. However, that is unrelated to this forum and the question I want to ask.
So as a first post ..... I am a tad confused about the price of gold as it has dropped in line with the markets over the last few days. I suppose it needed a breather after it recent increases however it does belie it status as 'safe haven', which I don't really beieve anyway in my simplistic way ..... . So, if it is appropriate for this discussion group, do you think the gold price falling is a short term positive for the markets or is there now no relationship between the two?
All the best and keep it up
Michael (..... sorry ....... tasmanian)
Bloodhound
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Hi Michael,
Welcome to this thread!!! To answer your question (and there may be others who have a better view) I have read elsewhere that Gold has been replaced by USD as a safe haven....
KJ
fast trader7
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Hello Michael,
Welcome to the Thread.
If you want to know gold just search this forum for a chap called Sujit thread.
He seems to be a master of the metals and he is very very active
Go to metals......
good luck
The account suffered a battering, with huge losses at one point yesterday. As I went long later in the day.
As we stand The average footsie position is £1k footsie 3640 and £1K dow 6895.
Wallstreet and others shorters were right yesterday, I was a little too early as too eagre with buy orders.
If this market had not rebounded over night I would have been in trouble.
Still holding longs at above levels.
As we stand The average footsie position is £1k footsie 3640 and £1K dow 6895.
Wallstreet and others shorters were right yesterday, I was a little too early as too eagre with buy orders.
If this market had not rebounded over night I would have been in trouble.
Still holding longs at above levels.
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