malvado xetra

Well Brown, Correct Me If I Am Wrong. Do You Think Correction Has Finished?

what I was telling a couple of times is that market was exhausted and a correction was going to come shortly. now the correction has finished. we'll see anyway. when Im saying that market is calling for a correction or recovery it doesnt mean Im short or long the next day. it is just a comment to be advised of the big picture that market build every day. I go with the flow too but trying to see a little bit farer. otherwise flow can take you out if you just see what is going out in the present moment.

Correction Finishes, In My Opinion, With This Last Move. From Now We Are Going To Go Up Strongly To Reach The Highs Of Last Week

market seems to be very strong. big corrections if, we can call them like that, only last for one day at the most. after those, before closing day or the next day start strong recoveries to begin new upwards moves

I Forgot To Mark The Most Important. Sorry About That

I have attach this chart of DOW JONES TRANSPORT AVERAGE because is an index that like much because normally anticipates the direction that rest of markets are going to take. looking at a historic weekly chart you can see how this index is anticipating the exhaustion that may occur in the rest of markets. the chart is parted by two cause of is too large

I combined 60 minutes VSA with daily VSA. It is the best to avoid noise from the market. trying to trade with 5 minutes candles is like being in the middle of the jungle. everything can happen. risk management and money management is absolutely necessary for 5 minutes traders because nothing is for sure

In my opinion. swing trading is a lot of easier and more profitable if you really understand how the market works. scalp trading o little profits per day (if you really get them every single day) it is for traders than dont understand the whole sense of markets. for that reason they pick and go away quickly: fear and no control of the situation make them insecure. so they face profits like something hard to get but, actually they may think. uau! lucky smiled to me lets go quick before this turns all up against my position. I think like this because I used to be a scalper before I had a better knoledge of whats going on in the market. sorry if my thinking dont like to everybody

Very Careful From Now. The Next Increase Could Be Critical. I Would Close Long Positions If Mini Sp Reaches 1505 Again. In My Opinion Market Will Be Exhausted At Those Levels

I have noticed that the biggest volume bar in a 60 minutes candles mini sp chart has been today for the last month and it belongs to a reversal candle. It means, in my opinion, that new upward movements are coming for sure.

I think the corection has finished. the mini sp respected its level of 1480 and touch the 1493. another up is coming from now to reach the past highs. as torero said, its been nothing serious. the upward trend is still working

if mini sp lose 1480 I think we are going to see a big thing in the next days

Hi, Noutouch I Dont Know What Mx Means I Attach A Dj Transport Average Which Is An Index Quite Wise. Dont You Think This Wave C Is Too Long. Is It Possible That The Short Term Trend Is Inverting To A Bear Treand And This Wave C Is A Wave Bear 3

I ve been looking to weekly and monthly long term charts and I think you can see useful things

I Work On The Dax Future But, I Follow The American Markets Also. Dax Future Made This Morning A Big Upward Gap That Filled This Afternoon (european Time) Whith The American Opening Markets. And, Now Dax Future Cant Price Above This Gap It Could Be An Exhaustion Gap And First Symptom Of Weakness. Apart From Elliott, Crude And So On. At The Moment Im Not Playing Any Short Entrance And Only Try To Draw A Possible Scenario. Your Scenario Is That The Up Trend Is Not Finished Yet But, I Think That Exhaustion Symptoms Are Coming Up. Dont Believe That A Correction Will Change The Bull Market But, An Strong Down Move Is Up To Appear Or, I Think So. Just Waiting For Weakness Signals On My Trading System To Be Alert

Markets Probably Are Reaching The End Of Elliotts 5th Wave. If Crude Breaks Ressistance At 66,50$ Will Start An Up Trend Looking For The Levels Of 68 0r 69$. Tomorrow A Weaker Than Last Year 1st Quarter Gdp Is Expected. May Starts Next Week. Lets See Whats Going To Happen From Tomorrow And Next Monday

Soultrader, I Have Never Used Any Pivot Strategies, At Least In Spanish Dont Know Them By That Name. Could You Explain To Me Some Of It. What Are They Based Of? And Do You Know Any Web Site Or Bibliography To Enhance My Knowledge Of It. I Think They Can Be Quite Interesting Thank You

I Ve Been Seeing Some People Interested In Trading Dax. I Trade Dax Only. Im Quite Experienced On This Product. Basing This Thread On My Expirience I Will Say The Following: - Dax Is A Very, Very Volatil Future. One Of The Hardest - The Best Time To Trade Dax Is When Usa Market Opens Till The Closing - Because Of Its Volatility, Dax Day Traiding Is Quite Risky. After Many Attempts To Day Trade, I Finally Consider That Swing Trading Is The Best Option To Work With Dax Futures - I Do About 1 Or 2 Entries Per Week And Hold Them Between 1 Or 4 Days. Depending On If My Position Is Based On The Long Term Market Trend Or, On A Corrective Movement Of That Trend. - Dax Movements Are Between 30 And 50 Points (25€ Per Point). If You Are Playing The Trend This Waves Can Lead You Till 150 To 250 Points Of Profit. If You Play A Corrective Wave, The Best Is To Pick Up The 30 0r 50 Points And Exit. The Second Option It Is Normally A Day Trading Move, Not A Swinger - As Far As I Know, There Is Not Any Tick Or Trin For This Future. - Mornings In Dax Are Not Very Profitable, Normaly But, Depending On What Usa Market Did The Night Before You Can Estimate If To Trade Some Mornings Can Be Worth It. - Dax Is Leaded By The Usa Market As Almost Everything. So To Trade Dax Is Necessary To Look At Usa References. I Always Do My Dax Trades Looking At The Sp Futures And Dj Transport Average. Hopping This Can Be Useful To Someone Best Regards, Malvado

in my opinion, after seeing mini sp breaking the 1485, the next days we could go down to touch the 1470 approx or, even the 1458 level more or less. after that move we ll go back up again to try to beat the highs of the year and then, I think, a big correction will take place. probably not to change the market into a bear market but, surely is going to be quite strong. based on elliott, we have drown waves 1, 2 and 3. the 3rd wave has been an extended one as usuall and made by 5 sub-waves. possibly this 3rd one has gone to its end with the correction that today is taking place in europe (lets see this afternoon in the SP). after finishing this correction (wave 4) market will recover making wave 5 and then this could be a ceiling for the next months

seeing the charts once more. do you think markets are making a ceiling? SP is reaching its tops again but couldnt bit the red line I drew and the figure looks like a diamond. DJ TRANSPORT could do a doble top in the next days DAX opened this morning with a big gap that couldnt fill up CRUDE looks like forming a doble bottom to go up again VOLATILITY is growing again as it did last february we are approaching MAY that is a traditional bearish month waiting for some other points of view best regards to the forum

sorry torero I said wave instead of WAY. Sorry about my English

all the markets interact themselves in the same wave. I mean the big indices like SP, DJ, NASDAQ, DAX, NIKKEI, and so on. US market lead the markets. DAX just follows it. DAX futures close at 22h spanish time. DAX doesnt open overnigt 24h like SP futures. I dont know if european markets influence US opening. I dont think so. US news before the opening bell are more importants than what Europe did in the morning.

Overnight Was A Bit Beary

Good Morning My Us Traders. Overnight Was A Bit Beary

Tingull, Ive Been Seeing Your Two Charts. Im Very Keen On 60 Min Candles And Volume Bars As You Look Like, Too. But, Why Do You Use A 65 Minute Candle Graphic? Is There Any Secret On It. Id Like To Know. Thank You