Jump to content



Photo

Potential Lehman style selloff Part II


  • Please log in to reply
191 replies to this topic

#71 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 12:43 AM

 

took beer money profit on some sp longs to manage risk as going to bed. all remaining longs including short gold are now having paper losses.
 
I think this might be the last time I would go long in a long while. IMHO, risk to downside piling up.

 
closed remaining sp long and 1 dax long. still have some hsbc and dax long. leaning towards gold short, now contracts slightly under water. but waiting for a wedge break.
 
 
i think 2875 will be tested. not so sure about 2900. waiting to decide whether to add a small long sp. leaving for lunch and coffee.
I'm think we see a slow crawl to 2875. Not a big leap to 2900. Will close longs once I have the chance, and focus on shorting the gold wedge break.

Looking for 26000 on hang sent by next Wednesday.

Edited by punter, 16 August 2019 - 12:47 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#72 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 02:07 AM

 

 

 

took beer money profit on some sp longs to manage risk as going to bed. all remaining longs including short gold are now having paper losses.
 
I think this might be the last time I would go long in a long while. IMHO, risk to downside piling up.

 
closed remaining sp long and 1 dax long. still have some hsbc and dax long. leaning towards gold short, now contracts slightly under water. but waiting for a wedge break.
 
 
i think 2875 will be tested. not so sure about 2900. waiting to decide whether to add a small long sp. leaving for lunch and coffee.
I'm think we see a slow crawl to 2875. Not a big leap to 2900. Will close longs once I have the chance, and focus on shorting the gold wedge break.

Looking for 26000 on hang sent by next Wednesday.

 

 

took profit on 1 gold short before euro market open. letting remaining run till us market open


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#73 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 02:27 AM

 


i think 2875 will be tested. not so sure about 2900. waiting to decide whether to add a small long sp. leaving for lunch and coffee.
I'm think we see a slow crawl to 2875. Not a big leap to 2900. Will close longs once I have the chance, and focus on shorting the gold wedge break.

Looking for 26000 on hang sent by next Wednesday.

 

 

took profit on 1 gold short before euro market open. letting remaining run till us market open.

 

 

amended my call on sp to 2897 today and 2907 on monday. open long on sp. still waiting to get out long on dax, hsbc. still looking for hang seng bounce till tue/wed 26000 to 26100. will come back with guru like projection print.

 

looking for gold to test 1497 today. Think Mon might hit 1484.  Maybe 1483.33 ( my attempt to sound like a guru)


Edited by punter, 16 August 2019 - 02:34 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#74 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 04:18 AM

 

 


i think 2875 will be tested. not so sure about 2900. waiting to decide whether to add a small long sp. leaving for lunch and coffee.
I'm think we see a slow crawl to 2875. Not a big leap to 2900. Will close longs once I have the chance, and focus on shorting the gold wedge break.

Looking for 26000 on hang sent by next Wednesday.

 

 

took profit on 1 gold short before euro market open. letting remaining run till us market open.

 

 

amended my call on sp to 2897 today and 2907 on monday. open long on sp. still waiting to get out long on dax, hsbc. still looking for hang seng bounce till tue/wed 26000 to 26100. will come back with guru like projection print.

 

looking for gold to test 1497 today. Think Mon might hit 1484.  Maybe 1483.33 ( my attempt to sound like a guru)

 

 

close gold short. profit too good to miss. waiting for chance to reshort to 1497


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#75 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 06:10 AM

 

 


 

amended my call on sp to 2897 today and 2907 on monday. open long on sp. still waiting to get out long on dax, hsbc. still looking for hang seng bounce till tue/wed 26000 to 26100. will come back with guru like projection print.

 

looking for gold to test 1497 today. Think Mon might hit 1484.  Maybe 1483.33 ( my attempt to sound like a guru)

 

 

close gold short. profit too good to miss. waiting for chance to reshort to 1497

 

 reopen short gold 1512. took beer money profit on sp. waiting to see what happens at open


Edited by punter, 16 August 2019 - 06:12 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#76 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 06:57 AM

alerted to 2 poems released in hk newspapers today. some interpret this to be final warning before crackdown. is this the big and stupid thing I am waiting for?


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#77 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 08:01 AM

 

 

 


 

amended my call on sp to 2897 today and 2907 on monday. open long on sp. still waiting to get out long on dax, hsbc. still looking for hang seng bounce till tue/wed 26000 to 26100. will come back with guru like projection print.

 

looking for gold to test 1497 today. Think Mon might hit 1484.  Maybe 1483.33 ( my attempt to sound like a guru)

 

 

close gold short. profit too good to miss. waiting for chance to reshort to 1497

 

 reopen short gold 1512. took beer money profit on sp. waiting to see what happens at open

 

 

long sp. punting we get a tweet later on a beautiful phone call. target 2897 (entered too early paper loss)

 

* receive message that a number of riot leaders escaped/left to US and Taiwan after poems were published. maybe this will keep hang seng afloat and keep global markets up.


Edited by punter, 16 August 2019 - 08:10 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#78 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 10:00 AM

 

 

 

 


 

amended my call on sp to 2897 today and 2907 on monday. open long on sp. still waiting to get out long on dax, hsbc. still looking for hang seng bounce till tue/wed 26000 to 26100. will come back with guru like projection print.

 

looking for gold to test 1497 today. Think Mon might hit 1484.  Maybe 1483.33 ( my attempt to sound like a guru)

 

 

close gold short. profit too good to miss. waiting for chance to reshort to 1497

 

 reopen short gold 1512. took beer money profit on sp. waiting to see what happens at open

 

 

long sp. punting we get a tweet later on a beautiful phone call. target 2897 (entered too early paper loss)

 

* receive message that a number of riot leaders escaped/left to US and Taiwan after poems were published. maybe this will keep hang seng afloat and keep global markets up.

 

 

took profit on gold short. not waiting for 1497. will reload on mon.

 

turn our message of rioter fleeing is faked news.  too much rubbish being sent around. it means the big fall is still coming.

 

-- took profit on all longs except 1 hsbc contract which is under water. not waiting for 2897.


Edited by punter, 16 August 2019 - 10:01 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#79 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 10:41 AM

open gold short 1509. targeting 1497 area. may happen today but I will be sleeping by then.

 

i am still waiting for a bigger correction despite having traded mostly long. Also didnt take full advantage of the last decline after Trump's pseudo concession; close sp short too early and then went long too early.

 

I think what will happen is a lot more drama (from US side) going into Sept. Then some kind of fake talks going into Oct. Something goes off script, ugly fall Nov thru Dec. Dec is Christmas season, I can't imagine anyone risking it but last Dec is an example of when SHTF.

 

Other scenario, CIA goes off script in HK. Riot turns in rebellion, someone get killed; armed suppression. At the moment this is an outlier event. But not discounting rogue agents.


Edited by punter, 16 August 2019 - 10:50 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#80 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 16 August 2019 - 11:45 AM

open gold short 1509. targeting 1497 area. may happen today but I will be sleeping by then.

 

 

long sp punting 2900 test. maybe eod, mon morning asia or mon us open. going to bed... zzzz

 

 

-- gold short now paper loss. looking for gap down mon.

-- still have one hsbc contract paper loss. gap up mon london open

 

added to gold short 1513


Edited by punter, 16 August 2019 - 11:51 AM.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!