43 replies to this topic

[punter]

Just took partial profit. re-enter again when cash market opens. I see the moon outside my window full and bright. Does it mean market turn? I am not a lunar specialist.

Don't remember market behaving like this before. Regardless, adding to sp shorts.

Market seems weak. I am adding to shorts. chasing it down.

BTW, bird flu getting serious in Korea. A number of countries infected. Maybe excuse to sell down markets.

Falling dollar against yen and euro keeping market up. A reserval shortly should do the trick.

Edited by punter, 03 June 2015 - 09:08 AM.

[punter]

Just took partial profit. re-enter again when cash market opens. I see the moon outside my window full and bright. Does it mean market turn? I am not a lunar specialist.

Don't remember market behaving like this before. Regardless, adding to sp shorts.

Market seems weak. I am adding to shorts. chasing it down.

BTW, bird flu getting serious in Korea. A number of countries infected. Maybe excuse to sell down markets.

Falling dollar against yen and euro keeping market up. A reserval shortly should do the trick.

Still holding on to shorts. Don't buy the rally.

[punter]

Still holding on to shorts. Don't buy the rally.

Took profit off some sp shorts. still have some contracts under water.

I usually don't post trade. but I find this rally so silly and fake that I felt compelled to post my thoughts as I have no one else to vent to.


there's going to be a big currency move. hence I was whipsawed by USD during U.S. cash markets time. U.S. equity supported by an USD fall to support a massive rise shortly.

Just some ramblings of a lone trader.

I am expecting today's close to be negative but hey I have a pretty dismal record in predicting the market prices and I would be asleep already anyway.

will re-enter short again at 2115. then maybe go to sleep and sell tomorrow.

Edited by punter, 03 June 2015 - 10:59 AM.

[punter]

Still holding on to shorts. Don't buy the rally.

Took profit off some sp shorts. still have some contracts under water.

I usually don't post trade. but I find this rally so silly and fake that I felt compelled to post my thoughts as I have no one else to vent to.


there's going to be a big currency move. hence I was whipsawed by USD during U.S. cash markets time. U.S. equity supported by an USD fall to support a massive rise shortly.

Just some ramblings of a lone trader.

I am expecting today's close to be negative but hey I have a pretty dismal record in predicting the market prices and I would be asleep already anyway.

will re-enter short again at 2115. then maybe go to sleep and sell tomorrow.

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

[punter]

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

Today is the start of this correction. Let's see how deep this baby goes.

[csw2002]

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

Today is the start of this correction. Let's see how deep this baby goes.

I have my doubts on today being a trend initiation day on the short side. Typically, if you look at all the days in the last few years when a break occurred, they were strong trend days to the downside. The sell-off usually started in European sessions with a few bounces, and then the sell-off continued in the US session - with a very important characteristic that on bounces, prices wouldn't penetrate VWAP much or for long before reversing down hard again. On the other hand, those that penetrated VWAP and then started to base around VWAP would see reversals to the upside. Even if the prices did eventually settle the day below VWAP, the next day would see the price bottoms.

Right now, we are basing around VWAP - and that is not a good tell for a strong trend down day.

[punter]

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

Today is the start of this correction. Let's see how deep this baby goes.

I have my doubts on today being a trend initiation day on the short side. Typically, if you look at all the days in the last few years when a break occurred, they were strong trend days to the downside. The sell-off usually started in European sessions with a few bounces, and then the sell-off continued in the US session - with a very important characteristic that on bounces, prices wouldn't penetrate VWAP much or for long before reversing down hard again. On the other hand, those that penetrated VWAP and then started to base around VWAP would see reversals to the upside. Even if the prices did eventually settle the day below VWAP, the next day would see the price bottoms.



Right now, we are basing around VWAP - and that is not a good tell for a strong trend down day.

Thanks for the observation. Let me study that and get back to you.

I was out the whole day today only just got back. Missed a lot of excitement in Asian and afterhours markets. Didn't have a chance to open additional sp shorts. Will decide later at cash market open.

BTW CSW2002 - can you educate me what VWAP means? Thanks.

Edited by punter, 04 June 2015 - 07:23 AM.

[csw2002]

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

Today is the start of this correction. Let's see how deep this baby goes.

I have my doubts on today being a trend initiation day on the short side. Typically, if you look at all the days in the last few years when a break occurred, they were strong trend days to the downside. The sell-off usually started in European sessions with a few bounces, and then the sell-off continued in the US session - with a very important characteristic that on bounces, prices wouldn't penetrate VWAP much or for long before reversing down hard again. On the other hand, those that penetrated VWAP and then started to base around VWAP would see reversals to the upside. Even if the prices did eventually settle the day below VWAP, the next day would see the price bottoms.



Right now, we are basing around VWAP - and that is not a good tell for a strong trend down day.

Thanks for the observation. Let me study that and get back to you.

I was out the whole day today only just got back. Missed a lot of excitement in Asian and afterhours markets. Didn't have a chance to open additional sp shorts. Will decide later at cash market open.

BTW CSW2002 - can you educate me what VWAP means? Thanks.

Volume weighted average price. Depending on the time resolution, vwap would be slightly different. Obviously the finer the resolution, the more accurate the vwap. Pm me if u want more details.

[punter]

Volume weighted average price. Depending on the time resolution, vwap would be slightly different. Obviously the finer the resolution, the more accurate the vwap. Pm me if u want more details.

Thanks sounds interesting. I need more time to study it before I can ask you to teach me more.

Based on my own system, I can a huge fall immediately. Like before I can be wrong but I am sticking to my own position. It's going to take huge reversal to bring this baby up. But I means I will be pretty badly hurt. Let's see.

[punter]

close all my gold shorts as gold move down happening now. big profit on gold but huge paper loss on short euro. waiting for euro to drop tomorrow.

didnt manage to reload at 2115. still have sp shorts at 2112 underwater. Expect market to close lower and tomorrow to be a big down day.

going to bed. good night.

Today is the start of this correction. Let's see how deep this baby goes.

Took profit on shorts at the open. reload later.

Sold too quickly may not get a chance to reload.

Reloded. Let's see if they can blow me out of the water.

Edited by punter, 04 June 2015 - 08:40 AM.