I seen a lot of broken accounts today. Just another boring day in our PAMMs. We never float positions for a long time, we never grid, hedge or add to losing positions (we certainly never martingale). Those with us did not even have to check their ...

PAMM Accounts Offered At Various Risk Levels

It is telling how easily these markets are breaking through support levels. Gapping over them or merely stalling for a brief while when it meets them. We have seen more substantial bounces on some from the very lowest supports but the just slice ...

The Dow(n)

This is a strong looking daily chart breakout. I feel it is very significant that the bulls gave up this area. As with the others I am most interested in limit orders to be filled by a correction. If we break under the blue zone the green lines are ...

The Dow(n)

This gapped out under this well defended zone and fell more. It's closing near the low.

The Dow(n)

Pierced through the support but didn't close under on the daily and we have to drop to a small chart to see any closes under. 9500 area breaking I'd consider to be another selling opportunity on a retest of that level. More bias towards seeing this ...

The Dow(n)

Of course today if I'd not been slipped dramatically on sell stops ... I think there will be better trades later to be entered by limit though.

The Dow(n)

1842 level hit. It is not over yet.

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The Dow(n)

I will do updates on these in a while. I have been out most of the day and as I am sure you can imagine I have a lot of clients and associates wanting to talk with me, which takes priority. I will endeavor to have updates posted before the open.

The Dow(n)

Not looked myself yet but I was told Bloomberg were giving the S&P as a buy. This is consistent with this. (My target to sell on this will probably be different but the general idea of it is what I am referring to) ...

The Dow(n)

Done. Right off the lowest target I gave.

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With this breaking the pattern I really do feel this is strongly bearish now. This trade is just a scalp.

The Dow(n)

Got into this one.

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I would like to make it abundantly clear this is not any sort of martingale method. I do not like martingale. I just am willing to take the couple smaller losses as a sort of insurance against it not filling my main order and me missing a massive ...

The Dow(n)

Let's get started. Crude I am just going to be using some basic trend following trailing stops on any successful positions I am able to get into. I have set three orders. I expect I may lose the first two, these are set to make sure if it just ...

The Dow(n)

We will do crude oil too but it is rather important. I am going to trade it as part of this also since it's sort of a no brainer with it trending down so well. Big support on 35 here. If we break under there I think we will break under 30 and are ...

The Dow(n)

We have a little bullish pattern on this one, I might be looking for buys on this early into the open. It may also act as a hedge to take the edge off if I start selling early in the week (which I am not expecting to do)

The Dow(n)

Expecting a quite slow week this week. Few potential trading opportunities for us but they are more clustered near the end of the week.

PAMM Accounts Offered At Various Risk Levels

FED interest rates next month are the obvious catalyst. I said some months ago it is like watching a Final Destination death scene. So many things can go wrong and you know something will go wrong but you can not be quite sure what it will be. One ...

The Dow(n)

FTSE100 trading into the lower range. This has been very heavily defended so far and should be considered to be significant if and when the bulls give up this level.

The Dow(n)