Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis

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02/17/2023 at 6:05 PM #209869 quote

GraHal
Participant

Master

Fun with your short, yeah! 🙂

Looks like the DJI has bottomed out also!

02/17/2023 at 6:15 PM #209870 quote

shug
Participant

Junior

I done ok scalping that move up but didn’t get all the points. just as well I didn’t hang on to it. I got 100 points or so. Not too bad

JS thanked this post

bounce.jpg

02/17/2023 at 6:58 PM #209872 quote

JS
Participant

Senior

Again, I will only turn when the support line has been tested several times…

It’s not easy because you can see profits evaporate but I keep in mind that too early a turn will cause more damage…

So, still short…

02/17/2023 at 8:33 PM #209873 quote

GraHal
Participant

Master

Not lost your nerve yet JS … you still short on NAS? Several strong M5 candles shown up in the last hour or so?

02/17/2023 at 8:52 PM #209874 quote

JS
Participant

Senior

Haha, nerves not lost yet (but some gain) am still short… doesn’t think it’s convincing enough…

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02/18/2023 at 10:32 AM #209887 quote

shug
Participant

Junior

Hi JS, did you eventually pull the trade? or were you happy to leave it on over the weekend?

02/18/2023 at 10:35 AM #209888 quote

shug
Participant

Junior

Grahal I’d have pulled it I guess you would have as well? In fact I wouldn’t have had the courage to leave it that long LOL A good days fishing I always say, always another day, always another trade. I’m fishing for tadpoles, JS is fishing for Moby dick LOL

02/18/2023 at 11:23 AM #209890 quote

JS
Participant

Senior

Position is still open… (short)

I’ll see what the weekend will bring… 😉

02/18/2023 at 11:25 AM #209891 quote

shug
Participant

Junior

Brave man! I hope it pays off I hope you managed to lock in a good profit

02/18/2023 at 11:37 AM #209892 quote

GraHal
Participant

Master

shug wrote:
I’m fishing for tadpoles, JS is fishing for Moby dick LOL
Hahaha good one! 😀 Yes I would have closed the short also. I am also open over the weekend, but with Longs. I should have closed the Longs before the DJI went down so far, but I am rarely as stressed with open Longs as I am with open Shorts.
shug thanked this post

02/18/2023 at 2:16 PM #209900 quote

shug
Participant

Junior

Having a look at long term analysis on US30, month, weekly, daily and 4 hour timeframes. This market is relentless and has enjoyed a long and very productive up trend. What goes up must come down and I think its over due a big drop in the not too distant future. I could be wrong? Thoughts anyone?
us30-monhly-chart.jpg weekly.jpg daily.jpg 4-hour.jpg

02/18/2023 at 2:23 PM #209905 quote

shug
Participant

Junior

28 thousand I’d say if it does happen

02/21/2023 at 4:42 PM #210037 quote

JS
Participant

Senior

Still short…

Moby Dick is in sight… 😉

Schermafbeelding-2023-02-21-om-16.38.37.png

02/21/2023 at 4:47 PM #210039 quote

shug
Participant

Junior

Great trade ! well done

02/21/2023 at 4:51 PM #210040 quote

shug
Participant

Junior

I caught a wee 80 point bounce on us30 just 50p a point for £40 another wee tadpole in the net
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