International markets traders banter

[tech/a]

Nah that is just the pic a little screwy. Volume came with the move.

View attachment 59830..


.

Not what the ONE MINUTE chart shows.
I think it was telegraphed.
Was all over in 4 min but momentum kept
Going where you were shorting it.

I'm a builder your a prop trader.
Just my opinion.

 

[Trembling Hand]

Not what the ONE MINUTE chart shows.
I think it was telegraphed.
Was all over in 4 min but momentum kept
Going where you were shorting it.

Here is the one min,



Are you saying the volume was telegraphing the move before the bar I have marked? For me once it started it had a clear run up to and beyond the gap close but could of just as easily swung back 50 points the other way so I just stepped aside for that fast 4 min period. I don't chase strength on the HSI unless I already have a position. Way too easy to get pushed out on a swing back.

 

[tech/a]

No

The first bar would have flown up to and beyond short term resistance.
An aggressive trader may have initiated a trade on that bar.
The next bar would also have flown through short term resistance and Id have thought
one would have initiated on that bar at least.
The 4th bar is ultra high volume and as is pretty normal with these bars it indicates a reversal
and as such a closing of the trade.

Plenty of points in that move.

Edit:
The final impulse move on the bar between 13.30 and 13.45 is also very high volume and
indicates the turn around at the time you got on.

 

[MARKETWINNER]

I believe still some markets have their legs. There will be opportunities in market pullback time to time. Selected emerging and frontier markets in Asia and South America region could have more growth in their stock markets in the coming quarters.

http://www.reuters.com/article/2014/10/17/markets-emerging-idUSL2N0SC1XY20141017

EMERGING MARKETS-Latam markets rebound as global markets recover

http://money.cnn.com/2014/09/10/investing/argentina-stock-market-gains/

Sizzling: Argentina's stock market is up 100%

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites. Please do your own research.

 

[MARKETWINNER]

I found very interesting link.

http://www.forbes.com/sites/advisor/...r-bull-market/

A Stock Market Pullback Should Fuel The Next Leg Of This Secular Bull Market

Among commodities we may see further weakness gold and grain prices in the coming months. On the other hand there could be demand for emerging commodities in the coming years. As I expected oil is trading around $80 per barrel now. USD should become number one bullish currency in the world toward end of 2015. On the other hand currencies such as NZD, AUD could fall further toward end of 2015 and in 2016.

http://www.bloomberg.com/news/2014-1...-positive.html

Australian Stocks, U.S. Futures Rise After ECB Bank Tests

I believe it is time to identify next winning markets, sectors, commodities and currencies globally. It is also time to avoid overvalued markets, sectors, commodities and currencies.

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites. Please do your own research.

 

[Wysiwyg]

DOW up massive on the futures. All time high.

 

[Wysiwyg]

Listening to Bloomberg radio, those seppo's are all back slappin', figjams. America is great, I am great. Planet America forever. Boom Boom.

 

[barney]

Listening to Bloomberg radio, those seppo's are all back slappin', figjams. America is great, I am great. Planet America forever. Boom Boom.

Time to short the next higher high

 

[Wysiwyg]

Time to short the next higher high

I shorted gold but the broker has opened the spread to $4. IC Markets are the thieves.

p.s. they closed the spread back to 50c now after price bounced up.

pps that was an 8 dollar drop and I have had to close at B.E.. That is thievery from the broker.

 

[barney]

I shorted gold but the broker has opened the spread to $4. IC Markets are the thieves.

p.s. they closed the spread back to 50c now after price bounced up.

That gives you the absolute craps

 

[Wysiwyg]

That gives you the absolute craps

You betcha amd I have to submit an e-mail complaint with trade details. IC Markets then contacts the liquidity provider to confirm spread variation and they get back to me. Filthy at the moment.

 

[MARKETWINNER]

http://www.nasdaq.com/article/how-gold-etfs-sank-after-the-end-of-qe-cm408555

How Gold ETFs Sank After The End Of QE

http://www.bloomberg.com/news/2014-10-31/gold-miners-plunge-toward-12-year-low-as-metal-drops.html

Gold Miners Plunge to 12-Year Low as Metal Drops

This is not the time for gold stocks.

As I said before still global markets have their legs. What a week for global stock markets. Fortunately we escaped from October selling. U.S. stocks jumped, sending indexes to records, thanks to stimulus from the Bank of Japan. Europe and Asia pacific region stocks also jumped.

Asian stocks markets could appreciate further over the next six to eight months. Among frontier market in Asia, Sri-Lankan stock market could do well in the coming months. I expect selected sectors and stocks to outperform over the next six months given attractive relative valuations. Consumer staples, infrastructure sectors are two of the places to watch in frontier and emerging markets in Asia. Listed meat, hot beverages stocks, selected IT stocks, agri stocks, travel and tourism stocks and infrastructures stocks should outperform other stocks in Asia.

http://www.marketpulse.com/20141030/goldman-bullish-asian-stocks/

Goldman Bullish on Asian Stocks

http://www.forbes.com/sites/jonspringer/2014/10/30/ten-reasons-to-invest-in-sri-lanka/

Ten Reasons to Invest In Sri Lanka

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites.

 

[dlineinvestor]

http://www.nasdaq.com/article/how-gold-etfs-sank-after-the-end-of-qe-cm408555

How Gold ETFs Sank After The End Of QE

http://www.bloomberg.com/news/2014-10-31/gold-miners-plunge-toward-12-year-low-as-metal-drops.html

Gold Miners Plunge to 12-Year Low as Metal Drops

This is not the time for gold stocks.

As I said before still global markets have their legs. What a week for global stock markets. Fortunately we escaped from October selling. U.S. stocks jumped, sending indexes to records, thanks to stimulus from the Bank of Japan. Europe and Asia pacific region stocks also jumped.
Asian stocks markets could appreciate further over the next six to eight months. Among frontier market in Asia, Sri-Lankan stock market could do well in the coming months. I expect selected sectors and stocks to outperform over the next six months given attractive relative valuations. Consumer staples, infrastructure sectors are two of the places to watch in frontier and emerging markets in Asia. Listed meat, hot beverages stocks, selected IT stocks, agri stocks, travel and tourism stocks and infrastructures stocks should outperform other stocks in Asia.

http://www.marketpulse.com/20141030/goldman-bullish-asian-stocks/

Goldman Bullish on Asian Stocks

http://www.forbes.com/sites/jonspringer/2014/10/30/ten-reasons-to-invest-in-sri-lanka/

Ten Reasons to Invest In Sri Lanka

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites.

MW .... this video address's your point but more in relation to the China and Australia relationship. very informative video, I agree a paradigm shift is coming.
http://www.afr.com/videos/business/stephen-roachs-red-alert-vnbtcxbtp3jx1hiqcp0npzf3yz7gphwu

 

[Trembling Hand]

I shorted gold but the broker has opened the spread to $4. IC Markets are the thieves.

You betcha amd I have to submit an e-mail complaint with trade details. IC Markets then contacts the liquidity provider to confirm spread variation and they get back to me. Filthy at the moment.

Wysiwyg it seems you have been complaining about CFD providers since the day you came on this forum. Why the hell do you keep on using them?

You keep on doing the same thing and expecting a different outcome? For god sake open a futures account and be rid of their dodgy BS......

 

[Wysiwyg]

Finished reading a book published near the end of 2009 and the comments made on future U.S. market direction after a low became apparent in March. The author's sentiment was bearish with a retest of the March low likely. Research had shown that no bear market in history had ended in a V bottom but admitted there was always a first time.

Present time and three Quantitative Easing programs later, U.S. markets have hit all time highs. I suppose the author was like most people at the time thinking cautiously and those at the time that had been stripped of large sums of money. One could guarantee that next bear market the intensity and duration will be different again.

 

[avion]

Honkers gone crazy

 

[dlineinvestor]

Finished reading a book published near the end of 2009 and the comments made on future U.S. market direction after a low became apparent in March. The author's sentiment was bearish with a retest of the March low likely. Research had shown that no bear market in history had ended in a V bottom but admitted there was always a first time.

Present time and three Quantitative Easing programs later, U.S. markets have hit all time highs. I suppose the author was like most people at the time thinking cautiously and those at the time that had been stripped of large sums of money. One could guarantee that next bear market the intensity and duration will be different again.

It would be interesting to find out how many where waiting for a re-test this time.

 

[Trembling Hand]

Well that is it for me. End of the year is now 1 hour away. I'm off to complete(hopefully) my first (and last) Ironman and then 4 months of rolling around in Hokkaido Powder.

At the start of the year I threw out some ideas. Lets see,

I've been lazily thinking about this years markets,

US all good internally.... Bears continually calling for the end of this madness and still being wrong.

Yep, Bears still being slaughtered trying to re-live the GFC they missed.

Euro slight amount of trouble (outside Germany) and a slow slide into deflationary troubles....

Has basically gone nowhere. That is the market, economy and we are still looking at deflation being the problem.

ASX stock traders looking for longer term momentum will again be disappointed :horse:

Yep

:fan Will be China's credit problems.... bad debts... shadow banking... Credit squeeze... etc

Hmm still same problems on the door step but only light smoke certainly no fire. :bad:

Gold cracks recent significant lows and heads to $1000 area (this could be soon).

Not really although it has mostly been a bear market in PMs this year the Jan/Feb run up at the start of the year has saved Bulls from most of the real pain. Though we are closer to $1000 than the $10,000 gold is supposed to be at.

Currencies, AUD smash-a-rama, JPY wins the race to zero.

Again Kinda right, kinda wrong.

... And Richie Porte & Cadel Evans go 1,2 in the Giro.

Didn't get close.

So that is it. Be back too soon in 5 months : }

Will leave ya with this,

A young boy traveled across Japan to the school of a famous Martial artist. When he arrived at the Dojo he was given an audience by the Master.
"What do you wish from me?" the Master asked.
"I wish to be your student and become the finest Karate-ka in the land," the boy replied "How long must I study?"
"Ten years at least" answered the Master
"Ten years is a long time," said the boy. "What if I studied twice as hard as all your other students?"
"Twenty years" replied the Master
"Twenty years!" "What if I practice day and night with all my effort?" the boy said
"Thirty years," was the Masters reply
"How is it that each time I say I will work harder, you tell me that it will take longer?" the boy asked.
"The answer is clear. When one eye is fixed upon your destination, there is only one eye left with which to find the way."
~ Text from: Zen and the Martial Arts (1979 edition)

And this one,

Twenty years from now you will be more disappointed by the things that you didn't do than the things you did. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore. Dream. Discover. - Mark Twain

 

[barney]

Well that is it for me. End of the year is now 1 hour away. I'm off to complete(hopefully) my first (and last) Ironman and then 4 months of rolling around in Hokkaido Powder.

At the start of the year I threw out some ideas. Lets see,


,

I remember that post many months ago! I believe you were looking at the mermaids on the harbour at the time

ONLY 4+ months off !! If you had traded a bit better you could have had 5

Try not to end up a statistic!

 

[CanOz]

Safe Travels TH!