Search results

The next time a H&S appears, I'll go long, you go short,... the market makers won't know what to do and the universe will implode I guess. 1 of 10 charts pasted above re: Forex 9 of 10 re: stocks

https://www.scribd.com/doc/97919786/Harvard-Study-on-H-S-Patterns For whatever that may be worth. I don't label somebody as stupid for selling to me at the very moment I try to buy due to a H&S signal. There's a million and one reasons the others entities might have for buying X or selling Y at...

To follow your logic, perhaps trading contrary to every H&S pattern will yield +ve expectancy? Not everything looks good in hindsight. Some H&S patterns look terrible in hindsight. Others (as pasted above) do look good. Did the entity on the other side of the imaginary trade on those occasions...

Is it a case of the brain seeing what it wants to see? I spent some time this evening quickly skimming through charts looking for examples of head and shoulders - so there is obviously a strong element of selection bias at work. However, some H&S patterns play out quite convincingly - one of my...

Well fair enough - 6800 hasn't been smashed yet and the FTSE is in pretty bad shape. We're all rich!

FTSE isn't the only equity index at an important cross-road

Well, for now GC is holding above $1200...

agreed but IMO could almost say the same any day for the last 2 years!

(Just my own little hobby/thoughts on FTSE, certainly not selling any crap: http://harryhindsightnews.com/2014/10/10/10-october-2014-ftse-update/) I’ve observed it often pays to keep an eye on the opening price – be it the opening price of the day, week, month, year. You may be surprised how...

The FTSE has been trending higher since March 2009, and in bull markets our job is to buy. While the recent selling has placed this bull market under increasing pressure, why advocate taking short positions when buying has in general been the correct play for the last 5 years? Often the best...

thanks for replies. My guess is gold will crash towards $1000 by Christmas. I don't give a huge amount of credence to "TA" but when there's an obvious spot like this I feel it's worth taking note of.

It’s worth keeping an eye on Gold Futures this week. GC is heading closer and closer to the $1200 level, an area where buying support has emerged in the recent past. Will history repeat or will the downwards trend of the last 2 years crack through towards $1000?

From a day-traders perspective the FTSE offered one or two attractive opportunities today: Being the end of the month, markets often experience one-way buying/selling in to the cash close (in the case of FTSE, that being the 4:30pm London Stock Exchange closing bell). That wasn’t quite to be...

It was a relatively exciting day for the markets which saw the FTSE dip suddenly to the 200-day moving average. Many news headlines are concerning themselves with the break of the Apple share price below $100. Looking at the FTSE 100 chart reveals that, at 14:45 when this occurred, it did indeed...

U at marex?

Just for posterity/interest sake. The video has been sped up, you'll note - otherwise we'd be here all day. I guess the point of it is, you can profit from big news events and you don't always need to be lightning quick to do so. Of course, there will come a day when the market reacts in a...

I think the answer was "yes, best of 2014"

<iframe width="560" height="315" src="//www.youtube.com/embed/6yPiHNDIMH4" frameborder="0" allowfullscreen></iframe> Not often does the market present such a low risk opportunity. This video shows the crucial words from Draghis ECB statement today (8 May). The path of least resistance was...