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Sell signals abound. Every bounce should be sold.


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#21 Getting-Smarter

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Posted 08 August 2013 - 11:10 AM

Needed a laugh, thanks!


more girls' photos and less TA


Is that even possible?



#22 zoropb

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Posted 08 August 2013 - 11:21 AM

Needed a laugh, thanks!


more girls' photos and less TA


Is that even possible?

:lol: That was a good one Den.

I run a traders Blog with high probability targeting on ES , closed to any new members.


#23 fluid

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Posted 08 August 2013 - 11:46 AM

sorry, market sell off was 7 points :)

As I say, nothing alarmist and I presume you are long.


No I'm short now. Russell and SPX.

Sell signals are in place. I posted charts over the past couple days. Why would I be long ?


What sell signals?

What level, what stop loss, what risk, what targets.

TIA

#24 ogm

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Posted 08 August 2013 - 11:47 AM

sorry, market sell off was 7 points :)

As I say, nothing alarmist and I presume you are long.


No I'm short now. Russell and SPX.

Sell signals are in place. I posted charts over the past couple days. Why would I be long ?


What sell signals?

What level, what stop loss, what risk, what targets.

TIA


All on the chart. No levels, no targets. Internals are on sell. Day to day action is irrelevant. No one knows the exact path the market will take.
If internals will go on a buy from my perspective, I'll post.

Edited by ogm, 08 August 2013 - 11:48 AM.


#25 fluid

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Posted 08 August 2013 - 11:47 AM

How do you expect to profit from shorts when retail stocks like Victoria's Secret are bursting to new highs?


You'll see.

Btw, speculation and maniacal chasing, aren't bullish things.


LOL!!!

Great stuff printfaster.

#26 fluid

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Posted 08 August 2013 - 11:49 AM

Looks like a good old fashioned gap and crap this morning. Lets see what they can do after the European close. They'll probably try to wrestle this circus back into the green, but the way its acting I wouldn't hold my breath.


Doesn't look that way to me. corrections are normal.

#27 CNSZ

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Posted 08 August 2013 - 11:50 AM

I am a constant bear too. but covered my short no too long ago. this market does not care about anything now, it just trying hard to find whatever reason to justify buying. if they really can not find a reason, then no news is good news take place. like last night, mini-es first jumped when Nikkei open just 0.3% higher, then jumped again with Chinese import/export + JCB. those new did not change Japan and Chinese market, but are used as a reason to jump start US market.

#28 fluid

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Posted 08 August 2013 - 11:50 AM

sorry, market sell off was 7 points :)

As I say, nothing alarmist and I presume you are long.


No I'm short now. Russell and SPX.

Sell signals are in place. I posted charts over the past couple days. Why would I be long ?


What sell signals?

What level, what stop loss, what risk, what targets.

TIA


All on the chart. No levels, no targets. Internals are on sell. Day to day action is irrelevant. No one knows the exact path the market will take.
If internals will go on a buy from my perspective, I'll post.


Cummon give us some detail: what entry point, what timeframe? What drawdown can you tolerate?

Cant just make up trades if you want to play with the big boyz.

#29 fluid

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Posted 08 August 2013 - 11:51 AM

To be clear, I am prepared to become bearish, if and when the price action so justifies. I am NOT a perma bear nor a perma bull.

#30 fluid

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Posted 08 August 2013 - 11:52 AM

I am adamant on staying with a trend, because top and bottom picking are futile in my opinion, based on subjective hope in the end. The trend is all I know how to follow and to determine the trend I use moving aberages.