Newtron Bomb
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...and you might want to right click on your explorer icon on your desktop and delete your cookies and internet folders... does no harm to clean out the cobwebs
hungrybear
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Thanks NB,
Downloaded and installed - no pop-ups yet!
Downloaded and installed - no pop-ups yet!
Hb
elliott is lot's of fun but I have never found anybody who used the
waves to trade.
they are simply too ambiguous.
sorry, if my enthusiasm for them has contributed in any way.
I only trade my 'established' system which is centred around
the 1hr , 1 day a couple of oscillators,fibs and support/resistance lines.
this does not include elliott.
elliott is lot's of fun but I have never found anybody who used the
waves to trade.
they are simply too ambiguous.
sorry, if my enthusiasm for them has contributed in any way.
I only trade my 'established' system which is centred around
the 1hr , 1 day a couple of oscillators,fibs and support/resistance lines.
this does not include elliott.
hungrybear
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I've just noticed that I've posted post #71 several times but the text does change. Is the counter stuck?
This post seems to have done the trick
This post seems to have done the trick
hungrybear
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Bonsai, I know you're right, but sometimes they seem so clear, even when they're not!
I hope today is the last day I trade without a signal - yes I did it again.
I hope today is the last day I trade without a signal - yes I did it again.
mully
I use a 2min chart so sometimes I cant see what you see.
but I dont use double tops/H&S/double bottoms etc.
I use triangles some times but only the very obvious ones.
however on my macd at the moment I would say we were way off a double top. seems we are still rising after a bounce off zero yesterday pm.
but it is taking a good look at 235 ?
I use a 2min chart so sometimes I cant see what you see.
but I dont use double tops/H&S/double bottoms etc.
I use triangles some times but only the very obvious ones.
however on my macd at the moment I would say we were way off a double top. seems we are still rising after a bounce off zero yesterday pm.
but it is taking a good look at 235 ?
hungrybear
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4238 is the 50% retracement from the low on the 26th Sept. IF it does stop there this will increase the likelyhood of the expanded flat correction.
I have just posted this elsewhere, but it seems relevant here.
----------------------------------------
I am still seeing a lot of people trying to short this and losing money all the way up.
but in seeing that, one thing has occurred to me.
on the way up, we have left a lot of unfilled gaps.
and I have often said that ftse like to fill its gaps.
but the gaps I trade are 'exhaustion' gaps.
what we have seen in the last few days are'running gaps'.
they are different.
you may need to read up on gaps.
just wanted to make that clear.
trade them if you want, thats up to you.
but its not on my agenda.
----------------------------------------
I am still seeing a lot of people trying to short this and losing money all the way up.
but in seeing that, one thing has occurred to me.
on the way up, we have left a lot of unfilled gaps.
and I have often said that ftse like to fill its gaps.
but the gaps I trade are 'exhaustion' gaps.
what we have seen in the last few days are'running gaps'.
they are different.
you may need to read up on gaps.
just wanted to make that clear.
trade them if you want, thats up to you.
but its not on my agenda.
hungrybear
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Bonsai,
I'm prepared (but not happy) to admit that I'm one of those people who've been shorting this market. And losing heavily in the last 2 days. This has been based on external analysis I've been reading, but which has clearly been incorrect. The gaps have given me hope and led me to hold positions I shouldn't have. I've been checking and writing notes on my trades and its clear that if I had at least entered and exited on signals based on my own system, the damage would have been minimal.
A new start next week. Thanks for your words of advice. I'm looking at MacD, which I haven't used before - would you mind sharing your settings so I can see if I can use it to reduce my bad trades. TIA
I'm prepared (but not happy) to admit that I'm one of those people who've been shorting this market. And losing heavily in the last 2 days. This has been based on external analysis I've been reading, but which has clearly been incorrect. The gaps have given me hope and led me to hold positions I shouldn't have. I've been checking and writing notes on my trades and its clear that if I had at least entered and exited on signals based on my own system, the damage would have been minimal.
A new start next week. Thanks for your words of advice. I'm looking at MacD, which I haven't used before - would you mind sharing your settings so I can see if I can use it to reduce my bad trades. TIA
