FTSE 100 - May

[bonsai]

why ?

-not really -

GET have tried one or 2 approaches but fib retracements are probably the easiest.
plus bouncing off the top of 'wave 1' helps - but it could just be a trap.

which is why scalping is so dangerous

with bigger moves you would have time to get in and out without too much damage

however I am still overbought on RSI .................

 

[Hooya]

drawn in a channel now so we have a nice uptrend until bbroken.

"Why?" in resonse to what/which statement?

edit I have seen a few methos of using macd as a wave counter but always looked a bit hit and miss

 

[bonsai]

why "why" ?
lol


there must be ab easier way ..........etc


I'm madder than a wet hen

 

[Davros]

Morning Camelot, Davros, JeanM, john joachim, mully, robinalldred

Well it's not a "Good" Morning, as the blasted eSignal FTSE datafeed is down and I can't feed my charts. And it looked like an exciting day ahead.

Before you suggest it I can't use any old charting, has to be the good old Dynamic Trader

 

[Hooya]

i think there must be an easier way because I can't believe that such regular repeated waves etc dont have a feature which distinguished a 1,2,3 from an abc at the end of 3, or c.

 

[Davros]

Well it's not a "Good" Morning, as the blasted eSignal FTSE datafeed is down and I can't feed my charts. And it looked like an exciting day ahead.

Before you suggest it I can't use any old charting, has to be the good old Dynamic Trader

Whilst I'm sitting here with a cup of tea, anyone trade the volitility first thing in the morning? I'm off on a course next month about this, looks most exciting (have a look at www.snappytrader.co.uk).

 

[Finirama]

Hooya,

Here is some info on 1-2-3.

http://www.tradingeducators.co.uk/trading_philosophy/tloc.pdf

 

[Hooya]

Is that with Crock....hes meant to be quite good from what I remember when he was on ADVFN

 

[Davros]

Well it's not a "Good" Morning, as the blasted eSignal FTSE datafeed is down and I can't feed my charts. And it looked like an exciting day ahead.

Oh, it's back - nice of them to leave the two hour holes in it

 

[bonsai]

I know how you feel

I dont get back fill either

 

[Davros]

Is that with Crock....hes menat to be quite good from what I remember when he was on ADVFN

It is. I went to a freeby with eTrade and he spoke. Gave a very good talk and I thought the £175 was worth a punt - I'm not one for paying for courses prefer to do things myself and take the blame. He came across as very genuine and I like the idea of trading the first hour and a half and then packing up for the day :cheesy:

I'll give you all a report when I get back.

 

[bonsai]

hooya
we have to remember that its really all inkblots

we only see what we want to see !

in reality there is no such thing as an abc or 1/2/3
so dont get too hooked on it.

it can be addictive

 

[Hooya]

"we only see what we want to see !"

well in that case I want to see a big flashy red sign pop up at the end of a 3 saying "THIS IS ONLY THE END OF 3 OF 5!!" LOL

Davros? Is crock more of a stock or index trader? Still havent come across and index traders course that doesn cost a rediculous amount.

 

[Finirama]

Well i'm hooked on 1-2-3 and the have been woring a treat for me.

 

[Finirama]

Great....mytrack data feed is down as well!!

 

[bonsai]

hmmm
is it my system again ?

I have a spike to 4463 - waiting for someone to comment-
if its real, we could be going down from here.

 

[mully]

I think it is you.

 

[Finirama]

Bonsai,

A favour....on wot board is your thread "create your own charts"??

i need backup charts in case my data feed goes down.

 

[bonsai]

you could just do a search ?

data feeds , I think

 

[Finirama]

cheers and will do