Atilla
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I wonder where he went too. Miss his posts.
I reckon he made a lot of lolly and is now on some Island in the tropics.
It is possible he has changed his identity I suppose???
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I wonder where he went too. Miss his posts.
I reckon he made a lot of lolly and is now on some Island in the tropics.
It is possible he has changed his identity I suppose???
dow made a new daily high but transport and utilities did not. transports double topped in the first hour today and our down on the day now, utilities are double topping now.1862 on the nasdaq is resistance at the moment this was also hit in the first hour today. this is on 60min charts.
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leovirgo
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Good calls for the long. INDU turned bullish after 6.15pm. Here is my system long entry for today.
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Atilla
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Nice blogs and charts everyone. Good to see the DOW thread kicking into life again.
On the weekly charts we are bouncing up to the neckline of a possible larger H&S. However, indicators (MACD, Stochastics and RSI all showing overbought areas and turning bullish.
Charts say go long. Brain says what about the H&S.
Overall I'm thinking of sticking with the charts and leaving my brain out of this. Trade what you see and not what you think I believe the motto is...
Just switched to Candle Sticks and there is a really tall hanging man on the weekly charts which looks very bullish...
Didn't know tomorrow was employment day so may hold off a while but ideally looking to go long on weakness.
Websites for trading on index ???
Could anybody recommend a website that specially gives information
for trading on indices. Thank you.
Could anybody recommend a website that specially gives information
for trading on indices. Thank you.
Nice blogs and charts everyone. Good to see the DOW thread kicking into life again.
On the weekly charts we are bouncing up to the neckline of a possible larger H&S. However, indicators (MACD, Stochastics and RSI all showing overbought areas and turning bullish.
Charts say go long. Brain says what about the H&S.
Overall I'm thinking of sticking with the charts and leaving my brain out of this. Trade what you see and not what you think I believe the motto is...
Just switched to Candle Sticks and there is a really tall hanging man on the weekly charts which looks very bullish...
Didn't know tomorrow was employment day so may hold off a while but ideally looking to go long on weakness.
sorry my mistake employment is on friday 1 August not today. for some reason I thought today was Friday.
Pat494
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Atilla
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I thought the other day charts looked bullish and I had brain thinking problem - but stuck to longs (trade what you see not what you think) and it paid off.
Today charts with my system of price cutting MAs on the 4 hour charts with MACD confirming down move who am I to think otherwise.rolleyes:
I am following my 4 hourly charts and MAs and thus I am short.
Still feel a bounce is a possibility and still feel a bigger wave down is due. As for timing, it's like peeing in the wind - - - make sure you are facing the right way... :cheesy:
Good trading everyone
Today charts with my system of price cutting MAs on the 4 hour charts with MACD confirming down move who am I to think otherwise.
rolleyes:I am following my 4 hourly charts and MAs and thus I am short.
Still feel a bounce is a possibility and still feel a bigger wave down is due. As for timing, it's like peeing in the wind - - - make sure you are facing the right way... :cheesy:
Good trading everyone
I thought the other day charts looked bullish and I had brain thinking problem - but stuck to longs (trade what you see not what you think) and it paid off.
Today charts with my system of price cutting MAs on the 4 hour charts with MACD confirming down move who am I to think otherwise.
I am following my 4 hourly charts and MAs and thus I am short.
Still feel a bounce is a possibility and still feel a bigger wave down is due. As for timing, it's like peeing in the wind - - - make sure you are facing the right way... :cheesy:
Good trading everyone
waw
it's only 2h left wat's ur timeing on that 11312 ?
I thought the other day charts looked bullish and I had brain thinking problem - but stuck to longs (trade what you see not what you think) and it paid off.
Today charts with my system of price cutting MAs on the 4 hour charts with MACD confirming down move who am I to think otherwise.
I am following my 4 hourly charts and MAs and thus I am short.
Still feel a bounce is a possibility and still feel a bigger wave down is due. As for timing, it's like peeing in the wind - - - make sure you are facing the right way... :cheesy:
Good trading everyone
Atilla
u r cool - Status
