Definately rigged, this market. It's total illusion, there is nothing to see except random squiggles all over the show.
Random walk theory rules ok.:idea:
Definately rigged, this market. It's total illusion, there is nothing to see except random squiggles all over the show.
Random walk theory rules ok.:idea:
Snownation
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Closed at 13303.
Here we go again 2mrw for a similar short! 😎
Here we go again 2mrw for a similar short! 😎
firewalker99
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😆
If you feel there's too much "noise" or "random squiggles" as you put it, why not try a higher timeframe?
K
kenobi
I knew you followed Isis........Osiris may follow and take the day off 😎 :cheesy: ....no exits 3270...orders off 😆 Darth not working....must get a Duracell
P
postman
Maiden post - Be nice.
I have read all your posts for a long time now and have enjoyed the banter and I thought I'd add my 2 pence worth (and take my fair share of flak). My view is that the markets like most gambling are rigged, and to make money you just have to follow the big bucks and pick up a few crumbs.
I believe large finance houses build artificial patterns to build artificial confidence / doubt in the market. The market makers are now in the business of building confidence.
If you look at the Dow 10 day moving average it has been manipulated to just skim 13000 so we are not going south of there (13000) this year. Now the Dow is being held at 13300 / 13400 in order to turn the 20 day moving average above 13200. I am guessing (like everyone else is guessing) that we will come close to 13000 in the next few days. Followed by a rally to touch 13570 ish before year end...
- Anyone else believe in Santa Clause?
I have read all your posts for a long time now and have enjoyed the banter and I thought I'd add my 2 pence worth (and take my fair share of flak). My view is that the markets like most gambling are rigged, and to make money you just have to follow the big bucks and pick up a few crumbs.
I believe large finance houses build artificial patterns to build artificial confidence / doubt in the market. The market makers are now in the business of building confidence.
If you look at the Dow 10 day moving average it has been manipulated to just skim 13000 so we are not going south of there (13000) this year. Now the Dow is being held at 13300 / 13400 in order to turn the 20 day moving average above 13200. I am guessing (like everyone else is guessing) that we will come close to 13000 in the next few days. Followed by a rally to touch 13570 ish before year end...
- Anyone else believe in Santa Clause?
dc2000
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These days my fav is the skyline I can rev the nuts off it and if I break it a new engine is the same price as a ferrari service
and has more kudos at track day
dc2000
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A very insightful first post, of course you realise that should you regress to posting one liners we will throw you to the lions
Welcome to the jungle
black bear
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Atilla
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4 hour charts looking very bearish again. I'm looking for falls to 13200s and possibly 13000s for today.
MAs & Price all crossing over signalling a sell.
Good trading everyone.
black bear
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not so sure, its to quiet
Hi Atilla
Not so sure myself, :arrowu: :arrowd: don"t do the instruments so can not comment, would wait for the price to confirm if I did.
we have had a narrow range day in on ftse yesterday on low vols and it closed on the low
I will wait and see, think its stronger than it looks, indexs seem to be in a holding pattern to me waiting for good news
Andy
Hi Atilla
Not so sure myself, :arrowu: :arrowd: don"t do the instruments so can not comment, would wait for the price to confirm if I did.
we have had a narrow range day in on ftse yesterday on low vols and it closed on the low
I will wait and see, think its stronger than it looks, indexs seem to be in a holding pattern to me waiting for good news
Andy
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Snownation
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There's a lot of room for short today.
K
kenobi
have to agree. the downmove may take longer and the time to target may have to be recalculated since price stayed longer at the top.
will recalculate times when price gets to 3270. depending on action there either big drop, or bounce to 3350 and then fall. may go back to original plan of offloading 2 positions at 3270.
good trading 😛
will recalculate times when price gets to 3270. depending on action there either big drop, or bounce to 3350 and then fall. may go back to original plan of offloading 2 positions at 3270.
good trading 😛
firewalker99
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Will Batmans left wing fall off today? Will the Hulk eventually catch up with the dreaded Sith Lord?😛
K
kenobi
the penguin has an open umbrella and that means that he is probably ready for a jump off batmans wings 😛 and the emperor has built a new doomstar....does that answer the question 😆
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