After I twice put in a big effort to short the correction in May that never happened, my trading has been relatively quiet. Hence, I have missed the excellent profits that could have been had with the FLT and DAX shorts for example.
Recently I shorted OZL based on the chart, and opened a long trade in NCM. The NCM entry is not based on the NCM chart, but based on the Gold chart and the increasing tension with ISIS, etc.
I am still short on CBA and IAG from back in May, and my long trade in TAH is still active.
Short Watch = none.
Long Watch = BHP, BSL, maybe CSL soon, maybe FLT soon, maybe HVN soon, maybe JBH, and WES
FMG, RIO, etc. I will be interested in when iron ore has fallen another $10 or staged a recovery from the present level.
The MQG chart is in the middle of nowhere at the moment. Hence, I am not interested in MQG right now. However, I said the same about FLT a few weeks ago and look what happened. That is, quick short MQG as Jongo is passing it by ... lol.
By the way GK, please note that it is a generally accepted practice on internet forums to not start thread titles in block capitals, nor write posts in block capitals. Writing in block capitals is the forum equivalent of shouting and many people simply ignore posts in block capitals.
