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cat commented Dec 8, 2020By far the most naive comment I've ever read on forex factory, and I've read a few - so naive that you don't even know why.
Pfizer vaccine 95% effective in preventing COVID19: FDA report
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cat replied Nov 25, 2020url Attached is a short video showing what is going on with the price on the Dow following its rejection, so far, off of the triple top mentioned in yesterday's post. It's a facebook page, but it should be viewable to anyone with a FB account. ...
'Death Thro' move signals top of US Stock Market?
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cat replied Nov 24, 2020I can only speak for myself, but my biggest obstacle, once I realized that mastering this game was going to take a hell of a lot longer than I thought when I started out, was my tendency to analyze myself out of taking a trade. This ties in with ...
main obstacle for traders
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cat replied Nov 24, 2020I agree. I can't see any reason fundamentally for stocks to come down, but these big technical levels add a bit of spice to the trading day. Remember though, that the markets are nothing more than a casino, and if this level holds for long enough, ...
'Death Thro' move signals top of US Stock Market?
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cat replied Nov 24, 2020Every trader out there knows this is a massive level, so now the battle between the bulls and bears begins. just depends which side is more heavily weighted. The double top came down - will the triple do the same? We may find out today as the battle ...
'Death Thro' move signals top of US Stock Market?
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cat replied Nov 24, 2020Looks like the Dow is about to test a triple top. New highs and beyond, or are we about to see a classic triple top reversal?
'Death Thro' move signals top of US Stock Market?
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cat commented Nov 23, 2020Although the report doesn't actually spell it out, this means that the vaccine will be compulsory. Those who refuse will not be able to travel, take out insurance, drive a car, open a bank account etc etc. I know many people who have said they would ...
COVID-19 Winter Plan
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cat replied Nov 20, 2020Sorry, but the title of this thread is so ridiculous that I just had to comment. There is no single indicator or combination of indicators that will stop you from losing or enable you to win if you do not have the knowledge of price movement to ...
Best indicators for beginners, to minimize losing.
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cat replied Nov 17, 202090m Dow chart here showing yesterday's double top. Should hit pivot S2 today just above the 100sma though it may well be bought up a bit at the NY open, though downward momentum looking very strong atm.
'Death Thro' move signals top of US Stock Market?
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cat replied Nov 16, 2020Lovely double top on Dow this morning, so we'll see if it holds. Death Throe candle shown here on this H6 chart. So far, 345 pips down off the doubler top.
'Death Thro' move signals top of US Stock Market?
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cat replied Nov 14, 2020Of course, anyone can, but most don't, so the question that needs to be asked and answered is, why not?
Everyone can become a profitable full-time trader
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cat replied Nov 11, 2020Following up on yesterday's post above, attached is the Dow hourly chart for today. As you can see, the price is falling in the early New York session ( yes, I know it's a bank holiday in the US today ). The fibs you see marked are the all-important ...
'Death Thro' move signals top of US Stock Market?
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'Death Thro' move signals top of US Stock Market?
Started Nov 10, 2020|Trading Discussion|10 replies
Don't post often these days, but when I do, I consider it significant. My last post on January ...
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cat commented Oct 31, 2020The technicals are looking very bad for the major US and European indecis, irrespective of the election, but, if Biden wins on Tuesday, or there is no clear result either way, watch the Dow fall back down towards 20,000 or lower.
Dow closes more than 150 points lower as Wall Street posts its worst one-week sell-off since...
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cat replied Oct 13, 2020Any strategy is only as effective as the trader using it, which effectively means that strategies in isolation do not exist. What exists is accumulated knowledge of the markets from which decisions whether to buy, sell, take profits, stay in or stay ...
The summariser - this thread is just to summarise strategies
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cat replied Feb 13, 2020These markets know only one direction at the moment. All drops are bought back up off of support, and I cannot anticipate a change. Indecis are bullish on the monthly., and new highs are surely the only prospect for the short/med term. The Russell ...
Some big down moves imminent on US/Euro indices?
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cat replied Feb 1, 2020Continuing on from my last post, we now have a very bearish monthly shooting star, we have diversion, we have Coronavirus, and we have the biggest artificially inflated stock market bubble in history, so my money is now firmly on the down side, not ...
Some big down moves imminent on US/Euro indices?
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cat replied Jan 28, 2020Quick follow up on my last post. The monthly equity charts, especially the Dow, are showing big diversion patterns, the sort of diversion pattern I would be looking to short on my much smaller intra-day charts. Diversion on its own however is never ...
Some big down moves imminent on US/Euro indices?
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cat replied Jan 28, 2020Update on the US dollar basket which I got completely wrong above. My mistake was not to check the Daily chart against the higher time frames, as both the weekly and the monthly showed a strong supporting set up, as you will see here. So, I see ...
Some big down moves imminent on US/Euro indices?