I don't really understand ins and outs of fundamental analyses. Common sense wise I have a POV which goes something like this -
1. Shit load of people bought properties be it buy to let or personal use purely due to low borrowing rates at the time;
2. Interest rates have been steadily on...
Volente, I don't think scared is an appropriate word here, ImO they are just waiting out pattern to mature, could they be loading up with more shorts here?
expecting a plunge here
classic divergence on 1 min chart
3 lower tops, possible 4th + headfake.
added 2 lots short
7505 target on latter 2 lots
c'mon a failure and boom boom
covered 2 latter lots +11.50
still holding 3rd lot short, if it goes to b/e then tough luck, 4 hours chart does show potentially higher rewards than covering here.
Nice entry there AS!
short 3
looks promising, c'mon break trendline
3rd failure swing here? Hope so. If it is, then 240 ought to turn into a divergence, good for shorts, watch out below.
scaled out 2 +9.5
no worries, emotions are out after all on this thread :)
I get a feeling that what these fellas are doing is this - they are ignoring their own stops by placing faith in Carboni's OMNI, and if I was to be correct then OMFG! :)