Jump to content



Photo

3of 3 front and center


  • Please log in to reply
1292 replies to this topic

#491 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 06 August 2020 - 07:59 PM

I am what hing nugt past the 200 dma very important if we start to pull higher say to 120 level then i believe it's going to 185
If we get there I would sell some
feeling mellow with the yellow metal


#492 CHAx

CHAx

    Member

  • Traders-Talk User
  • 1,614 posts

Posted 06 August 2020 - 09:25 PM

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

 

Im in for about 1/4 of my short position 29.63 SI 2081.4GC.

 

Im happy if I get no more position - Im uncomfortable to be honest.  Its possible one massive squeeze left into europe open or US open.


Edited by CHAx, 06 August 2020 - 09:26 PM.


#493 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 06 August 2020 - 11:43 PM

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

KILLING the SHORTS

 

Can you imagine being short futures this week?



#494 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 06 August 2020 - 11:44 PM

miners have neg divergences on 1 hr up



#495 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 06 August 2020 - 11:47 PM

 

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

KILLING the SHORTS

 

Can you imagine being short futures this week?

 

I wanna see a scary [bleeep] correction right here, gotta feelin we may get it, lets get some volatility!

 

Senor



#496 CHAx

CHAx

    Member

  • Traders-Talk User
  • 1,614 posts

Posted 07 August 2020 - 09:05 AM

 

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

 

Im in for about 1/4 of my short position 29.63 SI 2081.4GC.

 

Im happy if I get no more position - Im uncomfortable to be honest.  Its possible one massive squeeze left into europe open or US open.

 

 

zorro.gif

Added 10% more on the employment data spike.  Thats it for me.  35% short.  Not gonna add anymore.  Be back on the bullside soon enough.  See you then.yes.gif



#497 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 07 August 2020 - 09:16 AM

 

 

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

KILLING the SHORTS

 

Can you imagine being short futures this week?

 

I wanna see a scary [bleeep] correction right here, gotta feelin we may get it, lets get some volatility!

 

Senor

 

Now this is more like it! Started adding more KL at 52.45 first tranche, have a couple more tranche orders in at lower prices

 

Senor



#498 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 07 August 2020 - 09:18 AM

 

 

Looks like we got the full meal deal on the blowoff  leg on SI....30 handle, or just short tonight?

KILLING the SHORTS

 

Can you imagine being short futures this week?

 

I wanna see a scary [bleeep] correction right here, gotta feelin we may get it, lets get some volatility!

 

Senor

 

Looking the chart, 26 area seems very doable for SI on the first big drop.

 

then perhaps back up to 28.5 or so, then back down to 24....and eventually working its way back down to 22.5 pivot perhaps.


Edited by K Wave, 07 August 2020 - 09:18 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#499 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,047 posts

Posted 07 August 2020 - 10:21 AM

SLV coming up for test of 1 min 200 after bouncing off the 900.....this may be where the last car comes over the top of the big roller coaster.....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#500 dharma

dharma

    Member

  • Traders-Talk User
  • 9,621 posts

Posted 07 August 2020 - 10:52 AM

i think this correction needs to take some of the bullish out of the market

when it turns , you have to be quick

i am on the buy, but will watch oscillators and price 1933 ended the last cycle , just above the 11 high 1924

then this cycle begins @1954  until we have more information this is what i am watching 

for now  now keep in mind the next wave will be a  larger upwave, my guess is 5 of 3  and wave 5s are the big ones

be alert

dharma