Dow 2008

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Locked in (+30), will alook to add to position if we get 20/100 crossover
 
Yes, entry was based on 1 min stoch set at 14,3,53 & macd (histo) having completed +divergence

Looking for Price open and close above 100ma, waiting for 20, then I will (given circumstances) look to add to long
 
Yep, got in stoch cross again after 20/100 cross at 12808, all trades locked in at 12828
 
Position closed out, trade 1 for (+80), trade 2 for (+20), (+100) in total, thats me done for the day, happy trading
 
Getting the entry right is always difficult, what t/f do you use and what indicators for entry Camb?
 
When I am Day trading I use 100min MA crossover as well as RSI and Stoch. Today I was slow to spot the bounce off support from 26th Nov at 12725/35. Suppose I was wary of getting in too quickly (always a problem) because the 100 MA hadn't been crossed but the index moved so quickly off support I went ahead anyway.
 
cambridgedon said:
When I am Day trading I use 100min MA crossover as well as RSI and Stoch. Today I was slow to spot the bounce off support from 26th Nov at 12725/35. Suppose I was wary of getting in too quickly (always a problem) because the 100 MA hadn't been crossed but the index moved so quickly off support I went ahead anyway.
Click to expand...


why not try " just " using a MA on a different time frame - if its too close,it will be too near to the price - and you need some space to try and establish the trend either long OR short -
using the RSI and others can sometimes just confuse things -
 
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