Tradefair & Financials
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forming on the DOW
head and shoulders with the neckline at 8400
head and shoulders with the neckline at 8400
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Replies: 315
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8655 a massive resistance level now.
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you think quoting charts makes you sound like you know what you are talking about?
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wish i could decipher candle stick patterns
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dow fut 8328 now and falling,
the dive is cominggggggggg |
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chisel 02 Jul 13:30
you think quoting charts makes you sound like you know what you are talking about? --- i know a lot more than a little spiv bullshiner who regualry spends time talking out of his arse and being made to look rather foolish on this forum... daily. get some retraining you nerd, flogging a dead dog will NOT feed your family. |
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8363
dow close under 8400 with volume = time for the bears to celebrate |
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needs to close the week under 8400 and we are on :D
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Well, it's day off day for the Yanks tomorrow - so today's close will be the weekly close
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Let the games begin....
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If the chart idea goes the wrong way, they will draw a new chart next week
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not sure you can change a chart that is already drawn
HTH ;) |
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debt regret , why are weekly closing levels important please ?. genuinely don't know. have a limited understanding of charts. but why would say a weekly close below 8400 be bearish ?
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i use daily and weekly charts to form my trading decisions.
a daily close below a support level or a daily close above a resistance level backed with volume is a strong indication of a move. a weekly close, as per the above, is an even stronger indication of a move.... and as this is exactly what is likely to occur on the DOW today... i will be looking to load up my shorts in anticipation of a good move down next week. |
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thanks debt
do you ever use fibonacci ? can squeeze some nice points out of them sometimes i find. little example yesterdays high 8585 was more or less a 50% retracement of the move from 8885 to 8256. i'm short above 8500 with stops above 8600. do you trade currencies at all ? |
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have played around with fib extensions/retracements in the past... but now stick to simple chart patterns, double tops/bottom, head n shoulders etc
work a treat.. you can overcomplicate matters too much at times and end up with indecision because not all your indicators match up. have traded currencies in the past.. complete gamble. the dow and the s&p are very technical indices. |
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good morning debt regret
through the support level in the dow overnight 8250/80 area. all looks a bit shaky to me |
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I find that throwing chicken bones up in the air and seeing how they land is an easier way to predict market trends.
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morning clouded.
this is going down town baby ;) |
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dont jinx it ffs :)
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don't be silly.
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i'd be hopeful this previous support now turns resistance .. what you reckon ?
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very good chance
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I reckon it's a load of rubbish. If you call the pattern wrong this week, you'll draw some new lines next week and call it a new support or resistance level
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thats elliot waves and yes, thats total tripe.
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Stow - stick to the dogs.. there's a good lad ;)
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you lot have not got a clue which way it is going. You can draw as many charts as you like.. It makes no difference to what is going to haopen today or tomorrow. The markets can turn on a six pence!
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You are a simpleton and a charlatan. Please refrain from posting your crap on this thread.. stick to ramping the ailing propert market in order to drive some mortgages proc fees home.
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Debt Regret
All I am saying is that you are posting a load of cobblers. Yr charts are worthless when markets are so volatile. You have not got a clue what volume of trad ethe market expects from one day to the next. The charts are **.. |
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Says you... the hotshot mortgage advising charlatan :^0
I will take my 22 years experience of working in the City within debt and equity markets and smash you around that naive, ignorant head of yours. If i may. |
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:^0
chisel that's you told. Now clear off and start channeling punters back in to a new property bubble. :) |
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Debt Regret
I do not believe you worked in the city! Even if you did, it is hardly something to be proud of is it? LOL |
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You really are a weasel... whats the big deal of working in the City? lol
I not only worked in the City but i ran my own businesses in the square mile. You are a peasant and totally beneath me... and you know this.. snivelling little joey. |
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hilarious
You know nothing! Your posts on here prove it...Seems you are easier to wind up than me! |
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shut up and get re-trained you bum :^0
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can sort you out an interview with my mate.... he needs a new burger flipper ?
your choice |
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Laughing at your own jokes!! Sums you up really doesnt it?
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tbf i am laughing at you
:^0 |
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There you go again. Laughing at your own jokes. You are a very strange little man/woman... Good luck to you !
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and good luck to you...you need it by the sounds of your rollox on here.
re-train. |