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12 years 2 months ago - 12 years 2 months ago #8914
by WaveSurfer
Replied by WaveSurfer on topic DOW: Christmas Rally??
booom booom - 
this aint nothing lol, still no sell can you believe it.....dont be shock to see highs of the nfp pumpo or close to it.
this aint nothing lol, still no sell can you believe it.....dont be shock to see highs of the nfp pumpo or close to it.
Last edit: 12 years 2 months ago by WaveSurfer.
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12 years 2 months ago #8913
by Jackozy
Replied by Jackozy on topic DOW: Christmas Rally??
Yeah, fair enough remo, though I don't think this was just the SB companies - the futures market really did move up 200 pips and down 230p pips in about 2 mins. Too fast to take advantage for us poor PIs lol!
I saw my Saxo trade P/L move like billyo and couldn't press buttons fast enough!
I saw my Saxo trade P/L move like billyo and couldn't press buttons fast enough!
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12 years 2 months ago #8912
by remo
Replied by remo on topic DOW: Christmas Rally??
Hi jackozy
thats the reason i always say trade during market hours only as spread betting companies do take the piss.
I did not see it move that much thou
i saw the 200 points move and that was done to steal peoples money. Day light robbery. Hence why people should stick to market hours trading.
thats the reason i always say trade during market hours only as spread betting companies do take the piss.
I did not see it move that much thou
Jackozy wrote: "Nonfarm payroll is out today so markets might get a bit mad latter."
Yes, just a tad remo! 430 pips in 2 minutes!
Not seen one of those for a while...
The following user(s) said Thank You: Libero
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12 years 2 months ago #8911
by Jackozy
Replied by Jackozy on topic DOW: Christmas Rally??
"Nonfarm payroll is out today so markets might get a bit mad latter."
Yes, just a tad remo! 430 pips in 2 minutes!
Not seen one of those for a while...
Yes, just a tad remo! 430 pips in 2 minutes!
Not seen one of those for a while...
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12 years 2 months ago #8907
by remo
Replied by remo on topic DOW: Christmas Rally??
Nonfarm payroll is out today so markets might get a bit mad latter.
Im still waiting for the Christmas rally and the signal for this should be a close above the previous days high hopefully. If we get that then the highs should be targeted again.
As long as the dow stays above 15800 then a good chance of a rally still possible. This level was back tested the other day as this was where it broke out from and also where the 23.6fib level was of the recent peak to bottom. A finish below 15800 could signal a move down towards 15600 area.
dl.dropboxusercontent.com/u/4899609/dow6thdec.png
Only trade the dow if you are experienced otherwise you will lose a lot.
Im still waiting for the Christmas rally and the signal for this should be a close above the previous days high hopefully. If we get that then the highs should be targeted again.
As long as the dow stays above 15800 then a good chance of a rally still possible. This level was back tested the other day as this was where it broke out from and also where the 23.6fib level was of the recent peak to bottom. A finish below 15800 could signal a move down towards 15600 area.
dl.dropboxusercontent.com/u/4899609/dow6thdec.png
Only trade the dow if you are experienced otherwise you will lose a lot.
The following user(s) said Thank You: roxalana, WaveSurfer, Jackozy, Libero, Stevo999, not-just-anytradr
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12 years 2 months ago #8892
by remo
Replied by remo on topic DOW: Christmas Rally??
Marubozu White on the hourly dow. could this be a sign???? The bullishness will be void once the low of the marubozu gets taken out. Normal entry is half way down with stops below.
chartsview.co.uk/learning/Marubozu-White-Pattern.html
dl.dropboxusercontent.com/u/4899609/dow4thdec1.png
chartsview.co.uk/learning/Marubozu-White-Pattern.html
dl.dropboxusercontent.com/u/4899609/dow4thdec1.png
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