out for a 5 point profit try again at 4390 lol
"sort of flying blind at the moment. ... any short-term analysis now is simply guessing ..."
Started by
dTraderB
, Jun 24 2023 10:00 AM
104 replies to this topic
#42
redfoliage2
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Posted 27 June 2023 - 10:52 AM
Id sell into bounces before ES down to 4200 ..
Edited by redfoliage2, 27 June 2023 - 10:53 AM.
#43
12SPX
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Posted 27 June 2023 - 11:07 AM
Average short 4395, even 4400 anyone lol!!
#44
4caster
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Posted 27 June 2023 - 11:19 AM
Id sell into bounces before ES down to 4200 ..
Thanks for making a definitive forecast. After all, this forum is called Fearless Forecasters.
#45
dTraderB
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Posted 27 June 2023 - 12:51 PM
Starting new USDYEN short
144.01
Will add above 144.75, 145.35 ....
Want to do this trade but requires too much time:
INTERVENTION ON YEN?
Meanwhile, as we wait to see when Japan intervenes, it helps to remember Japan always goes for big. Think September and October 2022, when it spent upwards of $60 billion as the yen fell to 32-year lows.
Those with short yen positions hoping to time a perfect trade need only look at the yen chart, and its 14 yen rally over 3 weeks for a tip.
#46
dTraderB
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Posted 27 June 2023 - 12:57 PM
new SHORT US position
AAPL PUTS
UVXY CALLS
will open QQQ PUT position above 364
and TESLA PUT ABOVE 260
CHINESE MARKETS BASING... could still drop another 3 $ or more but IT long
HOLDING LARGE ,LONG: HSI, FTSE A50, BABA, few other smaller stocks
BEARS LOST A GREAT OPPORTUNITY TODAY. Markets should have closed at least another 20 to 30 ES points
unless there are major global crises, I think markets rally into this end of month/quarter/half
I hold a small net SHORT US position and a larger ASIAN LONG position
#47
12SPX
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Posted 27 June 2023 - 01:03 PM
So exciting, average short 4407....
#48
dTraderB
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Posted 28 June 2023 - 06:18 AM
Small US SHORT position. Will add above ES 4428
MARKET RANGE-BOUND, CHOPPING in current active 100-pt ramge. Frustrating... prefer Asian markets but US MARKETS could break out or down soon
MARKET RANGE-BOUND, CHOPPING in current active 100-pt ramge. Frustrating... prefer Asian markets but US MARKETS could break out or down soon
So exciting, average short 4407....
#49
K Wave
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Posted 28 June 2023 - 06:21 AM
Possible big tell on DAX dead ahead...
Bears probably need to hold this back test of 16K...if not, no tellin' how high DAX could blow...
If bears DO hold, then next leg down could be big....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#50
dTraderB
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Posted 28 June 2023 - 06:32 AM
"Fed Chairman Jerome Powell shares a stage on Wednesday in Sintra, Portugal, with his counterparts from Europe and Japan. When they compare notes, he can boast that the U.S. inflation rate is around 4%, compared with 6% in the euro area and the U.K. rate of 8%. True, Japans rate is lower, at around 3%but thats a special case, after it spent the past three decades trying to escape deflation.
Having moved faster than others, the Fed has also so far avoided crushing the U.S. economy. Durable goods orders, new home sales, and consumer confidence all came in stronger than expected on Tuesday. Money supply is shrinking fast. President Joe Biden reiterated that he doesnt expect the U.S. to fall into recession Tuesday.
Compare that with Japan, where the central banks reluctance to reverse decades of ultra-loose policy has recently driven the yen to a 15-year low against the euro.
European Central Bank President Christine Lagarde couldnt afford to skip hiking interest rates like the Fed did this month. Shes also all but guaranteed another move higher in July. Thats despite the economy contracting for the last two quarters."
Having moved faster than others, the Fed has also so far avoided crushing the U.S. economy. Durable goods orders, new home sales, and consumer confidence all came in stronger than expected on Tuesday. Money supply is shrinking fast. President Joe Biden reiterated that he doesnt expect the U.S. to fall into recession Tuesday.
Compare that with Japan, where the central banks reluctance to reverse decades of ultra-loose policy has recently driven the yen to a 15-year low against the euro.
European Central Bank President Christine Lagarde couldnt afford to skip hiking interest rates like the Fed did this month. Shes also all but guaranteed another move higher in July. Thats despite the economy contracting for the last two quarters."
