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Trading the XJO with CFDs

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$dax on cash symmetry today....maybe something maybe nothing...small pullback to reset last 4 inclusive sessions
dax symmetry 060619.png


attention to the NFP's espesh after a big miss in the pre-NFP #'s
8:15am USDADP Non-Farm Employment Change actual 27K forecast 185K previous 271K
Click to expand...
...big miss

indexes will tend to be slushy until nfp's are done
 
#observation #cash $xjo
#harmonic #ratio

xjo harmonic pre NFP 070619.png


if you know everything, not a student, think there is only one way, your way, despite the repetition of proof that other ways are effective and actionable within a correctly focused and procedural structure, then, at that point, when you speak from a mountain of self-dominance - a dis-service is given
 
honkers is absolutely smashing upwards today, way more than an impulsive correction would to reset a downtrend....... and i've only had chance to take a few small bto's as my focus is on PM's .....needless to say wit dax/spx futes popping at their opens the $xjo should have a small rocket which is nice as i'm holding longs in this bull

read Colin Twiggs on the weekend who has pulled an Alan Kohler with a huge "i'm out of this" statement
retail cfd's on SP200 closed saturday morning a whopping 95% STO's

bulls 1 nervous nellies 0

$hsi $spx $dax $xjo

http://thepatientinvestor.com/index.php/2019/06/08/asx-200-zero-confidence/

https://www.optionstrategist.com/we...394569658&mc_cid=399157e848&mc_eid=c5d2a13444

Stock Market Commentary 6/7/2019
By Lawrence G. McMillan
McMillan Option Mentoring

On Monday of this week $SPX was near its lows at 3pm. But from there, there has been massive buying all week. However, the $SPX chart is still bearish, because there are lower highs and lower lows on its chart. Oversold rallies typically carry from their lows up to and slightly above the declining 20-day moving average. That's exactly what this rally has done so far (the 20-day MA is just below 2830).

There is clearly support at 2730 now, and that's in the same general area as the 2720 support from early March. As for resistance, the first remaining resistance level is 2900. Above there, of course, is the massive double top at 2940-2950.

The equity-only put-call ratios have generated new buy signals, according to computer analysis of their charts.

Market breadth has seen some cross-currents, but both breadth oscillators are on buy signals at this time.

Volatility remains at very low levels, and thus is generally bullish for stocks. Recently, it seemed that $VIX might be developing a long-term uptrend, but that did not materialize.

In summary, there are mixed signals. The new buy signals from put-call ratios and breadth are somewhat at odds with a still-bearish $SPX chart. Unless $SPX can close above 2900, the bears still have a chance.
 
Oct end 2007 SP200 cfd front month contract (depending on your desk)
reached and rotated at 6851.50

.sooo...not long now
 
add to that the current front month retail positions remain at a pessimistic
(and players getting royally skrewd over) 90% sell to open

that aint hedging, that's just selling a top that doesnt exist ...
 
something diff for this thread, same vein

about to find out if i've royally skarrewd myself with this high #XAUUSD

#truncation
gold truncation xauusd 040719.png
 
picking up speed, in the middle of the run with the "cannot be true" crowd STO's at regular 90-92%
theyre selling the never ending top

(buy to opens 8-10%) :cool:

cash view w channel ....i suspect we'll hit the top of the channel as we go to make a new altime high

in 1's n 2's

xjo alternative bullish count 050719.png
 
xjo bto 170719 ratio confluence . ii .png


trades are in real time, focused on the right side of the chart, based on the left side of the chart, measures, some experience and some naivety, risk defined
 

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