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sponge replied Mar 19, 2020Here's the 5 min chart incase you are interested
Michael S. Jenkins teachings
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sponge replied Mar 19, 2020I think the virus is killing the Euro. I tried to stick with the time lines today, I also added a simple trend following indicator called the buzzer, search FF if you want it. There are many more indicators out there but I fine the buzzer is quicker ...
Michael S. Jenkins teachings
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sponge replied Mar 19, 2020Can we time the markets? The chart below shows 6 time lines for EU which trigger with RSI 2/6 Number 3 paid out 43 points with 2 trades this morning . Times for next potential turn 10:15, 12:30 and 16:00 UK time. RSI position gives a hint at 4 we ...
Michael S. Jenkins teachings
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sponge replied Mar 18, 2020Some turn points including the 14th of March
Michael S. Jenkins teachings
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sponge replied Mar 18, 2020I think technical analysis is out the window for now guys

futuresNoptions trading - mostly indices/commodities
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sponge replied Mar 17, 2020Hi Catempire, we have some big measures from the UK gov today what's your thoughts ?
S&P500 trading
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sponge replied Mar 16, 2020Catempire, you seem take a longer term view how much draw would you tolerate?
S&P500 trading
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sponge replied Mar 16, 2020If it interferes with pension funding levels it will be a problem

S&P500 trading
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sponge replied Mar 16, 2020Well if you've been short since January


That's enough to give old Tumpy a heart attack....oops 12 days to go 
S&P500 trading
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sponge replied Mar 16, 2020Sounds like you are saying this was on the cards anyway, the virus was just the trigger ?
S&P500 trading
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sponge replied Mar 16, 2020No I'm not saying close for a year I'm saying close for say a week or two or even a few days just to take out the sting, the initial panic/fear and let the public get used to this situation, and they will. Surely that's better than just doing ...
S&P500 trading
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sponge replied Mar 16, 2020Hi Swede, here's the thread, seems to be a bit of a fall out with FF. url This looks similar url
Michael S. Jenkins teachings
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sponge replied Mar 16, 2020I have to say I think the markets should be closed or at least a ban on shorting. I worry about the knock on for all of us ie pensions etc. It's bad enough with all this virus shit. Oil has a symmetry target of £27/ $10 ...can you imagine
S&P500 trading
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sponge replied Mar 16, 2020Looks like the support at 31.30 has turned to resistance, volume neg atm, time line 8am so possible turn...... time will tell ha

WTI Crude Oil Trading
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sponge replied Mar 15, 2020Well it wasn't that long ago the put a halt on shorting.
WTI Crude Oil Trading