I think this is the one that DC has been waiting for. He said the previous waves all sold off. This time he believes it will break out and keep going up. Something like 11898 on the Dow cash. I forget what his target was for the FTSE cash. I think it was above 5500.
Dick Lexic
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dj is that you in that video?
DaddyJohn
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I agree, but I wonder if they are going to really, really sneaky and sell off now to make it look like the market has now turned back in the channel.... get them all short... then "bang" turn it round tomorrow and really spoil their weekend!!!
Dick Lexic
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i'm all sqeak and no pip so far, havn't felt comfortable with divergence divergence.
prior to my volume charts going on the blik again i noted some heavy vol around 206 area so thats key at the mo for me. maybe they were having a sneaky selloff but a trade above is a different story
init
good story so far:cheesy:
DaddyJohn
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big respect bro' , you is clearly one wicked trader , yeah!
DaddyJohn
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Yes, he just made me lose 30 points!
oops...sorry
It does look like they are going to take it way up this time. We are definitely at the top of the channel on the daily/4 hr. I wonder when the real short squeeze is going to happen. Could be Non Farms tomorrow. As long as they do not surprise to the downside then the big bear fry up could happen tomorrow afternoon.
That was some close at 4:30pm. Lots of volume too.
dc2000
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5700 was FTSE
304 comming close but DOW about to produce sell signal without target hit
DaddyJohn
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what sell signal is that DC - my money flow index is divergent, but price action still looks healthy.. what you seeing?
Dick Lexic
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cheers dj, but dc called it first all i did was call an entry
still it was nice to have a wee bit of glory:clap:
cheers dj, but dc called it first all i did was call an entry
still it was nice to have a wee bit of glory:clap:
Good for you, mate.
I have to join the ranks of the disappointed to-day. My 41 gain went to 11 after a stupid 30 point loss. I, really, am a contrary ******* when I want!
Hope that you took advantage of that break, mate. I went the other way. Spoiled a promising day.
Dick Lexic
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Two edges to the field 5359 & 5292 which way will the bulls go?
Answers on a post card please
back in the field again
dc2000
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this is a good thing DJ
the 10860 to 11060 was what I was looking at we need to break 081 for target to be in play for today if we double hit and fall then we shorten the pattern.
the FTSE would head back to the 5196 area for 2nd cherry bite
