Market Outlook

Quote from GrandSupercycle:

After today's spike, SP500 intra reverts to neutral / bearish.
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So you went short at about 1253, after riding it down you cut at 1253 and went long. Rode that up to 1265 or so and then back down to 1253 and cut and went short again.

3 trades: lots of paper profit, nothing to show for it. and you aer now short and down a few handles.

I assume these losses are on your blog as well.
 
From your blog yesterday:
[Q]
Mon Nov 7
November 7, 2011

Yep someone really wants a xmas rally…

Unrelenting EURUSD buying support continues which supports
stocks and more chop.

SP500 intra chart now neutral/bearish.

EURUSD daily chart reverts to bearish with possible H/S pattern.

As mentioned many times, USD weekly chart continues to give
bullish signals and this will not change.

And just like so many times before – sellers arrive yet again,
resulting in more vacillating and chop.

The short burners will cause yet more short covering spikes.
Major SP500 buy suppport and USD selling returns.
Someone really wants a xmas rally…

USDCZK / USDPLN daily is bullish/neutral.
SP500 intra day chart gives bearish warning.
GBPAUD / EURAUD daily is bullish/neutral.
USDNOK / USDSEK daily is bullish/neutral.
USDCHF / GBPCHF daily charts revert to bullish.

EURAUD short 1.3268
EURUSD long 1.3763 cancel
USDCHF long 0.9016 [c 0.9017]
USDCHF long 0.8996 [c 0.9013]
USDCZK long 18.203 [c 18.259]
AUDUSD long 1.0364 [c 1.0358]
USDCHF long 0.8974 [c 0.8978]
GBPAUD long 1.5478 [c 1.5533]
USDNOK long 5.6098 [c 5.6265][/Q]

Where's the 31 handle day trading loss?
 
Quote from newwurldmn:

So you went short at about 1253, after riding it down you cut at 1253 and went long. Rode that up to 1265 or so and then back down to 1253 and cut and went short again.

3 trades: lots of paper profit, nothing to show for it. and you aer now short and down a few handles.

I assume these losses are on your blog as well.
More...

The small bicycle never trade in real..

His motivation is crystal clear, he is coming over here to promote his BS (big loser) blog. What he hope is that he cancheat a few herds to his blog, and eventually build up the traffic in the blog and later on introduce some paid subscription.

All he did so far is illegal in ET and he should be banned !!

:eek:
 
Reminder: SP500 daily chart is extremely overextended and correction is inevitable.

THE CRETINOUS TROLLS MUST BE ILLITERATE.

AS MENTIONED NUMEROUS TIMES - ALL TRADES ARE POSTED AT BLOG.
 
Quote from galvinlee888:

The small bicycle never trade in real..

His motivation is crystal clear, he is coming over here to promote his BS (big loser) blog. What he hope is that he cancheat a few herds to his blog, and eventually build up the traffic in the blog and later on introduce some paid subscription.

All he did so far is illegal in ET and he should be banned !!

:eek:
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It's actually a shame. He could have had a really interesting blog which people could pay for. If I could find a good technical analysis website, I would pay.

Every site I have seen "over analyzes" or over black-boxes. Instead they should be explaining what they are doing. Technical analysis at the end of the day is no different than fundamental analysis. A bunch of tools that everyone knows, but few know how to use properly.

But the way he's doing it is largely useless.
 
Quote from GrandSupercycle:

Reminder: SP500 daily chart is extremely overextended and correction is inevitable.
More...

Thanks for the reminder. You're down 5 handles today so far. With 4 trades.
 
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