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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Nor
Lemberg, Canada
Posts: 249
13 years ago
Sep 7, 2011 23:20
any views on oil from here.... above 90 or back to 80....anyone?
tia
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 7, 2011 21:57
SPX (cash) holding its support line from the 1101 low. Can be seen clearly on daily and 1hr charts.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 7, 2011 20:04
yes we are talking about very short timeframe for these trades.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 7, 2011 18:56
as fx is completely dominated by CBs ( and words from CBs) stop mgmt is just coin flipping...
no free market anymore. And funny thing some naives believe the CBs act independent of each other ....good joke isn't it. Only very short timeframe allows good logical stops .
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 7, 2011 18:48
I don't understand the logic of Ashraf's stops on his premium trades. He could very easily tighten some of his stops to a tick above/below previous significant pivot high/low. What is the point of being generous to the mkts ! Most the trades are short term on smaller timeframes and easy to place logical stop.
AK44
London, UK
Posts: 20
13 years ago
Sep 7, 2011 15:36
Thnaks Dave
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 7, 2011 15:23
trailing stop down on remainder
DaveO
UK
Posted Anonymously
13 years ago
Sep 7, 2011 15:18
I took some off at 1835 and again just now at 1814. Stop on remainder at 1825 This short term trade for me. Sorry for delay in reply.
AK44
London, UK
Posts: 20
13 years ago
Sep 7, 2011 13:43
DaveO I ve sold it at 1855 . What is your TP ?
givemethebill
Japan
Posts: 316
13 years ago
Sep 7, 2011 13:09
when is turn for intervening gold ??