Foreign Markets
#1
Posted 17 June 2007 - 11:36 PM
#2
Posted 17 June 2007 - 11:42 PM
From Saturday night:
"the same set-up & readings occured Friday April 13, and Monday April 16.
Monday was up nearly 20 points and the week finished up 30 points!"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
Posted 18 June 2007 - 12:42 AM
Seoul and Hang Seng seem to have gapped up over the recent yearly highs,
DUh didn't the NDX just do that FRIDAY?
But please start to understand.....How OFTEN do foreign markets NOT influence our NEXT trading day .... OFTEN ENOUGH!
I would hate to think a professional has yet to see that corelation.
How often do we waist time checking on world markets that are somply reacting to our last close,. and not any News whatsoever
To many.
How often have world markets been down strongly ,.. and we gap down only to close higher at the highs for the day?
Way to many to even count.
To think that there is someone out there still doing in depth analysis of overnight foreign markets as a way of predicting our markets next close,,,,,,well I'll laugh my @ss off again.
Get a clue people.....we are still in control of where our markets go.
as well as where others are heading and that's mainly thru Liquidity.
We allow if you will .... other markets to JUMP out ahead only to pullback ourselves...then after other world
markets notice and cool and pullback,.. we take them higher by having an Up day for them to follow.
Usually comes in around a Wednesday or Thursday... did I say Monday... no I didn't.
KNow that it works this way more often than not.
Now I think I'll rest easy ..... feeling comfortable not to let my trading be influenced by overnight market action.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#4
Posted 18 June 2007 - 12:59 AM
Edited by NAV, 18 June 2007 - 01:01 AM.
#5
Posted 18 June 2007 - 01:44 AM
Edited by Espresso, 18 June 2007 - 01:50 AM.
#6
Posted 18 June 2007 - 03:13 AM
Europe may influence the US open, but the US close is entirely up to you guys and then the close will affect our open
Seoul and Hang Seng seem to have gapped up over the recent yearly highs,
DUh didn't the NDX just do that FRIDAY?
But please start to understand.....How OFTEN do foreign markets NOT influence our NEXT trading day .... OFTEN ENOUGH!
I would hate to think a professional has yet to see that corelation.
How often do we waist time checking on world markets that are somply reacting to our last close,. and not any News whatsoever
To many.
How often have world markets been down strongly ,.. and we gap down only to close higher at the highs for the day?
Way to many to even count.
To think that there is someone out there still doing in depth analysis of overnight foreign markets as a way of predicting our markets next close,,,,,,well I'll laugh my @ss off again.
Get a clue people.....we are still in control of where our markets go.
as well as where others are heading and that's mainly thru Liquidity.
We allow if you will .... other markets to JUMP out ahead only to pullback ourselves...then after other world
markets notice and cool and pullback,.. we take them higher by having an Up day for them to follow.
Usually comes in around a Wednesday or Thursday... did I say Monday... no I didn't.
KNow that it works this way more often than not.
Now I think I'll rest easy ..... feeling comfortable not to let my trading be influenced by overnight market action.
#7
Posted 18 June 2007 - 05:27 AM
#8
Posted 18 June 2007 - 05:50 AM
This is coming from someone who is trading the futures in Indian market right now. What happened was there was a huge gap-up in the indian market here, based on U.S market close. Nothing else !. Despite the huge gap-up, they coudn't even turn the 5-min trend up. I have shorted the gap-up big time here and all i can see is it's breaking down. Next 30-minutes or so could see the gap closed. We'll see....
And that gap closed rather harshly !
#9
Posted 18 June 2007 - 06:24 AM
This is coming from someone who is trading the futures in Indian market right now. What happened was there was a huge gap-up in the indian market here, based on U.S market close. Nothing else !. Despite the huge gap-up, they coudn't even turn the 5-min trend up. I have shorted the gap-up big time here and all i can see is it's breaking down. Next 30-minutes or so could see the gap closed. We'll see....
And that gap closed rather harshly !
#10
Posted 18 June 2007 - 07:01 AM
I keep getting this feeling that it's being distributed, but I don't get current quotes on it and it's hard for me to do any good analysis on it. I just keep looking at day old charts and thinking, "something's up..."
Mark
Mr Dev,
Well said !!
Emerging markets are what i would like to call dumbazz markets to some extent, so far as the VST moves are concerned. They react to U.S market close with more than 80% odds. But then the trend takes over. Each market needs to be anlayzed on it's own technicals.
This is coming from someone who is trading the futures in Indian market right now. What happened was there was a huge gap-up in the indian market here, based on U.S market close. Nothing else !. Despite the huge gap-up, they coudn't even turn the 5-min trend up. I have shorted the gap-up big time here and all i can see is it's breaking down. Next 30-minutes or so could see the gap closed. We'll see....
These monster breakaway gap-ups and the kickoff of wave 3 of 3 of 3 of 3 to the upside.....i am still waiting patiently
Mark S Young
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