firewalker99
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nice trading, I'm impressed
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thanks FW....$/yen seems to be moving this baby again....I'm not technically gifted when it comes to posting charts...but if you can overlay SPX with $/yen quite a correlation....
cheers
Blimey....just seen todays low on Dax.....7776.79......whoever said TA don't work....I'm gobsmacked
Blimey....just seen todays low on Dax.....7776.79......whoever said TA don't work....I'm gobsmacked
7773 was approx 33% of the 7300-8010 move so there's something else .... :cheesy:
But dow still only 24 above pre market cash lows so might be slightly better bet with dx at 48 above lows...
firewalker99
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not much trading today
problem with the HDMS server from IB
so I got no charts so far, or at least not the ones I would like to see
problem with the HDMS server from IB
so I got no charts so far, or at least not the ones I would like to see
free4440273
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...brave call - very.
firewalker99
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wow you sure like a bet
anyway I'm long from 7800 fut before my charts went blank... relying solely on the tape now
Dinos
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Positive divergences building on the 5 thru 15 min macd histo, hopefully a rise from here will be confirmed, although probably furthers declines.
Cyclewave -
Somebody else sees risk of a major top
By Ambrose Evans-Pritchard
Last Updated: 1:34am BST 06/06/2007
Morgan Stanley has advised clients to slash exposure to the stock market after its three key warning indicators began flashing a "Full House" sell signal for the first time since the dotcom bust.
Morgan Stanley warns the 'mid-cycle rally is over'
Teun Draaisma, chief of European equities strategist for the US investment bank, said the triple warning was a "very powerful" signal that had been triggered just five times since 1980.
NOTE; Been a year and six months since I took a day off. Heading for Daytona Beach in the morning, next intraday will be Tuesday June 12th.
Good morning, overnight world markets are trading lower, SnP down sharply once Europe opened at 03:00. The arrow to the left on the futures chart marks the end of USA trading and the start of Globex. The arrow to the right marks the start of Europe trading. Most of yesterdays sell came from Europe. Today the 1525 54 hour ma is the critical price, finds support there would be a positive, fails very bearish. Net tick from 4:15 yestreday to 06:30 today -12,724 which is huge for overnight trading. Major change in character continues.
The set up is now in place for a drop to 1505 support today so do not be surprised if that happens, remember this wave from 2006 is an extension and a 100 point drop in one day would be a normal event
Cyclewave -
Somebody else sees risk of a major top
By Ambrose Evans-Pritchard
Last Updated: 1:34am BST 06/06/2007
Morgan Stanley has advised clients to slash exposure to the stock market after its three key warning indicators began flashing a "Full House" sell signal for the first time since the dotcom bust.
Morgan Stanley warns the 'mid-cycle rally is over'
Teun Draaisma, chief of European equities strategist for the US investment bank, said the triple warning was a "very powerful" signal that had been triggered just five times since 1980.
NOTE; Been a year and six months since I took a day off. Heading for Daytona Beach in the morning, next intraday will be Tuesday June 12th.
Good morning, overnight world markets are trading lower, SnP down sharply once Europe opened at 03:00. The arrow to the left on the futures chart marks the end of USA trading and the start of Globex. The arrow to the right marks the start of Europe trading. Most of yesterdays sell came from Europe. Today the 1525 54 hour ma is the critical price, finds support there would be a positive, fails very bearish. Net tick from 4:15 yestreday to 06:30 today -12,724 which is huge for overnight trading. Major change in character continues.
The set up is now in place for a drop to 1505 support today so do not be surprised if that happens, remember this wave from 2006 is an extension and a 100 point drop in one day would be a normal event
Long 498?
@ 518....but looking to get out on a bounce or 480 stop...whichever comes first
Dinos
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Sorry, not had time to post, heavily in and need to concentrate.
Closed DAX for + 10
Closed FTSE flat
Closed IBEX -20
Closed DOW at 25 - 5, reversed and shorted down to 90 for +35
Total +20
Now long from 94
Rush of blood there, back to normal civility
Closed DAX for + 10
Closed FTSE flat
Closed IBEX -20
Closed DOW at 25 - 5, reversed and shorted down to 90 for +35
Total +20
Now long from 94
Rush of blood there, back to normal civility
