- Joined
- 9 June 2011
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- 483
maybe this?? http://www.bloomberg.com/news/2013-10-22/biggest-china-banks-triple-debt-write-offs-to-brace-for-defaults.html
"China’s biggest banks tripled the amount of bad loans written off in the first half, cleaning up their books ahead of what may be a fresh wave of defaults."
Yeah that would make sense. Sell FTSE on open?
I suck at these big fundamental movement days. Usually I have faded before seeing the announcement and hit daily stop, or I try and get in on a little retracement and watch it break back against me me the other way.
Now I usually just stand aside and wait for the move to fizzel out and fade it, or If i have missed that play, wait for a larger retracement.
how hard is it for this stupid ftse to actually pick a direction. like a 12 point range so far just ridiculous
Yeah, its been a tough week lol....A ton of selling on the DAX buts its not going anywhere...thats why i'm on the lookout for a little rally to close the gap at least. If we do break lower i suspect it will clear out allot of longs trapped.
Cancel that, time to step away before i get chopped to bit.
Same some money for the NQ tonight.
US Session is so much better than Europe, it's like the guys with some balls sit down and start making things happen, every night. F our aussie/asian timezone, if I was single I would trade a few hours of US session only.
US Session is so much better than Europe, it's like the guys with some balls sit down and start making things happen, every night. F our aussie/asian timezone, if I was single I would trade a few hours of US session only.
Was long @ 6664 in the FTSE then. Got taken out @ b/e in on one of best stop sweeps i've seen. watch this go to the moon now.
watch this go to the moon now.
that's the play to be looking for...
third mouse
Haven't been back to visit for a while. Haven't been watching the FTSE.
Hoping to get involved again soon guys!!
I think you and Tech took the volume and volatility with you...
Was long @ 6664 in the FTSE then. Got taken out @ b/e in on one of best stop sweeps i've seen. watch this go to the moon now.
Yeah wouldn't surprise me in this liquidity...just horrible in the depth, so thin at times.
that's the play to be looking for...
third mouse
Don't understand the the 3rd mouse comment? I do agree these type of bars are a good sign to get long. perhaps I needed to be more patient.
Tech + Pav + Barney + Cave + Can + anyone, do you think I moved my stop to b/e a little quick?? I didn't feel like it was to fast but perhaps I do need to, as t/h says, wear a bit of pain at some stage
View attachment 54934
Don't understand the the 3rd mouse comment? I do agree these type of bars are a good sign to get long. perhaps I needed to be more patient. Tech + Pav + Barney + Cave + Can + anyone, do you think I moved my stop to b/e a little quick?? I didn't feel like it was to fast but perhaps I do need to, as t/h says, wear a bit of pain at some stage <img src="https://www.aussiestockforums.com/forums/attachment.php?attachmentid=54934"/>
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