IIRC? Sorry, but what is that?
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IIRC? Sorry, but what is that?
lurkerlurker
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Sorry. If I recall correctly, it was on the 15m chart. Thanks.
Anyone with an undeclared position. I'm getting a little nervous in this long, but it is early days. I am holding until a profit, or 13524 SL is hit.
lurkerlurker
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Tricks, do you want me to edit my post (which contains a quote from your post) to reflect the edit you just made? It's okay - I should leave silly abbrev. out of trading forums - clarity is king, after cash, which is also king.
Maybe it's the PPT at work, ha ha ha! They haven't had a mention lately! Ha ha. I tend to agree with you on the above, tight ranges like this generally preceed some strong reaction.
P.S. DC,You're very quiet lately, where have you been hiding?
lurkerlurker
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The problem with days like this is that I lose my trust in my own judgement, which leads to me exiting trades prematurely, at either breakeven or loss. For example, I'm worrying about this long. My reasons were sound enough, and I have confirmation on the 2 and 3 minute charts, my system rules haven't been breached, but here I am thinking of covering my long at +2. Luckily I'm not swayed by the bearish sentiment of others, or I'd be running for the exit right now.
lurkerlurker
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Ahh, the fabled Plunge Protection Team. Isn't that why the Fed have now hidden M3? So they can pump liquidity into the system to falsely inflate investor confidence?
lurkerlurker
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Good question linesniffer.
I'm long from 35, so I'm a little biased.
I'm long from 35, so I'm a little biased.
Don't worry ll, leave it as is. Just that I still don't understand IIRC!
cheers -Tricks
P.S. It is refreshing to see this thread so active!
Hi LL.
Yeh, why not?
It's a common sense trade to me, matey.
It's one trade, think of it like that.
lurkerlurker
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Covered 43. +8. (-18)
MACD divergence. Price momentum slowing.
MACD divergence. Price momentum slowing.
Hi ll, Would you be kind enough to state what time frame you're looking at, when you refer to the MACD divergence?
cheers -Tricks
lurkerlurker
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No problem. Bad habit to get into, not stating specifics. Sorry. I don't think we're going above 50.
lurkerlurker
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Short 45.
Hate to say this ll, but that there is an engulfing bullish candle just appeared on the 5 min chart. Personally I wouldn't trust shorting this yet, but good luck anyway.
Still in that range too.
Hate to say this ll, but that there is an engulfing bullish candle just appeared on the 5 min chart. Personally I wouldn't trust shorting this yet, but good luck anyway.
Still in that range too. Well, here we go!
lurkerlurker
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Well spotted, hope you got a good long in!
lurkerlurker
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Order input error!!!!!!!!!!!! Was dragging an order ticket on marketmaker and accidentally placed a trade! That cost me £10!
