short oil 48.60 sl 48.85 tp 47

As long as 48.8 is resistance, look for choppy price action with a bearish bias.

No other major events will be required, no one can stop the landslide once it starts.

If they put uncertainties into account in making monetary policy decision, any decision could turn out to be a mistake. Thus when making a decision they should carefully consider the costs of making a wrong one. In the current context, the cost of raising rates too soon and undermining the expansion is fast fading, while the cost of raising rates too late and ultimately forcing a more aggressive hike in rates if the expansion is increasing.
Though the Fed focuses on inflation and unemployment, they also should worry about excesses building in the financial system because delaying rate increases could lead to an undesired buildup of financial imbalances that would be costly to unwind and that eventually could have adverse consequences for economic growth.
If they hikes too soon at low inflation might quickly become deflation, and the Fed will have little room to cut interest rates before returning to zero and the uncertainties world will never ending.

This post has been edited by Rambo69: Oct 11 2015, 05:23 PM

Yeah..still a room for further upside..Dow should stay below 17600 which is where the sell signal triggered and oil around 53.5-54.

This post has been edited by Rambo69: Oct 11 2015, 05:54 PM

Missed the opportunity to short from 50 when broke the raising TL.


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It's unclear what is exactly causing options traders to become so nervous this week was stated there.

It's due to the investors grew more nervous about the upcoming US corporate earnings season this week ?

This post has been edited by Rambo69: Oct 14 2015, 02:35 PM

Short oil 45.90

Yeah..too fierce ! hope can close before FOMC Statement/Federal Funds Rate.

Will short any spike up on dow future and gold @ 2 a.m

Agreed..will hold my short position and add more if go up.

46.70 and 47.70 are a good place to short.

Closed all position yesterday @ 45.50 and expect further upside.

Support 44.30 and might buy if reach around there.Only hold my short on US 30 cash @ 17770 TP 17560

This post has been edited by Rambo69: Oct 29 2015, 04:41 PM

level to watch 47.30 and 47.70-48

* minor res 46.70

This post has been edited by Rambo69: Oct 29 2015, 10:20 PM

resistance

can short with tight SL

Closed half 46.10 for quick money.