Still market neutral.
Have worked some light short trades for pocket change.
Looks like an inside day is developing so far.
A break of yesterday's high or low is probably needed to get some zing.
I am a few days away from a good signal for me I think.
Kinda feels like it wants another downdraft to shake out some longs before going up but that's just a feeling.
Big picture, the lack of volume and volatility of the entire downtrend bothers me.
Either Bear is soft or capitulation still to come. Don't know which.
Also, light volumes allow the jackals to do their mischief, which is always a challenge.
Re: the chatter on trolls. Any refinement that makes this site the leading place for serious traders to share serious and useful observations that help people trade profitably is a good refinement even if it means limiting or filtering certain posts or posters IMO.
Cobra wrote:so far, I get only one PM. this is your opportunity to make this forum better, so if you have something to say, please step forward.
I tend to keep the forum free, on the condition that it doesn't take me much time to discipline here.
Another solution is to select a Moderator to make sure the discussion here is for trading related topic only. If you like the idea, please also let me know.
A moderator just adds and administrative layer that is unnecessary. The user base of this blog is broad enough that unacceptable postings are rapidly referenced by a number of users and that usually controls the problem. There have been prior problems similar to the current one and they have been resolved by the group without the need for a moderator (possibly, however, with help from you with a PM to the offending party).
Per Cobras post, if you don't like someone's posts you can add them to your "foes" list and you won't see their posts anymore when logged in. The system is already in place, please use it.
OK, Banker called me for some documents, I have to leave now. it looks like the price wants to test the morning high from here. absolutely no failure allowed. I'll be back around 12pm ET.
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Mr. BachNut wrote:Still market neutral.
Have worked some light short trades for pocket change.
Looks like an inside day is developing so far.
A break of yesterday's high or low is probably needed to get some zing.
I am a few days away from a good signal for me I think.
Kinda feels like it wants another downdraft to shake out some longs before going up but that's just a feeling.
Big picture, the lack of volume and volatility of the entire downtrend bothers me.
Either Bear is soft or capitulation still to come. Don't know which.
Also, light volumes allow the jackals to do their mischief, which is always a challenge.
Re: the chatter on trolls. Any refinement that makes this site the leading place for serious traders to share serious and useful observations that help people trade profitably is a good refinement even if it means limiting or filtering certain posts or posters IMO.
Well it just shook me out and I need to go kick my dog or something. Chill my heatsink or something.
‘the petrodollar is our currency and our problem’....Gappy
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Merkel says Europe will not have shared debt as long as she lives, according to sources from coalition party meeting. This news initially omitted the "according to sources" part thus causing a big drop in the indices, but the addition of that makes it sound less bad.
5 mins left if this hammer remains Im going long silver as well...intraday and with stop-loss of course!
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)