Bloodhound
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I agree. I have pulled my short trade...... 3990 was tough to crack yesterday and is looking the same again today.....
I agree. I have pulled my short trade...... 3990 was tough to crack yesterday and is looking the same again today.....
wallstreet1928
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lets get ready to rumble.......................were off to the races...all indices are up !!
BULL, BULL, BULL
I'm off out guys make sure your on the right side............
I'm going to call you later kitejedi just have to tie up a few loose ends
wallstreet1928
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wallstreet1928
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added to my lovely S&P short again............
looks like 4040 is a strong resistance level on FTSE..........4065 is out of the question!!
wallstreet1928
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S&P short is looking cool kitejedi..............did you get a chance to open it as well?
karlandree
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Hi, I am looking at using RSI signals and find it very useful. Do anyone know on what timescales I should be looking at? Or maybe not use at all? Sorry if it is a dumb question.
have ALOT to learn..
have ALOT to learn..
Chelski
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Been out this afternoon and after going short at 3999 and not closing 12 points decided to call it aday.(had my stop to BE)
Just been looking at the charts, two great Divergences here, first on has been building all day, not surprising really as we have bounced between 4040 and 4000 with 3990 not rally able to hold. after 2 attempts we don't really breakout and we get a lovely pull back to 4000 region, with this then holding strong we get oversold on MACD and off we go back up.
At worst the Hidden Divergence gives an exit.
Just been looking at the charts, two great Divergences here, first on has been building all day, not surprising really as we have bounced between 4040 and 4000 with 3990 not rally able to hold. after 2 attempts we don't really breakout and we get a lovely pull back to 4000 region, with this then holding strong we get oversold on MACD and off we go back up.
At worst the Hidden Divergence gives an exit.
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Dentalfloss
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karlandree.indecators ie ema and rsi work best when you know the length of the cycle.each timeframe has its own cycle.therefore you will see that sometimes the 14 rsi works well and sometimes it does not.
Windlesham1
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been waiting for this sucker to break 4000-it will happen but I wanted it today! FTSE is running on empty
Chelski
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I took the same trade and came out Break Even
i think 8+ points on a move is good in these markets. Still every day is a new lesson!
Chelski
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No,
I move my stop to Break Even when i can (min is 6 points behind market) It got me on the pull back by about .5 of a point. Yesterday is was .5 the right way and took 30 out of a move so you win some you loose some. It is annoying when it happens but at least it isn't a loss.
I move my stop to Break Even when i can (min is 6 points behind market) It got me on the pull back by about .5 of a point. Yesterday is was .5 the right way and took 30 out of a move so you win some you loose some. It is annoying when it happens but at least it isn't a loss.
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