Best Thread Potential setups

[trader_dante]

look at that last spike down predicted to the tick!

no offence dante you were just talking about rallys out of nowhere etc and now your saying its to easy? s&p moves exactly the same really cept with a bit more violence!

lol, yeah, actually you're right. That rally did come out of nowhere I admit and I didn't see it coming.

 

[trader_dante]

look at that last spike down predicted to the tick!

We've got some earnings out after the bell haven't we?

That should be a good reason to see it down to 7970. lol

 

[N Rothschild]

yeh a few big ones, american express, cat etc

US Earnings: Company Earnings Calendar - Yahoo! Finance

would help if i could read ofcourse, cat was this morning

 

[trader_dante]

yeh a few big ones, american express, cat etc

US Earnings: Company Earnings Calendar - Yahoo! Finance

would help if i could read ofcourse, cat was this morning

lol Genics, a reputation point says we see 7970 (-80 from current price) before we see 8100 (+50 form current price)

 

[trader_dante]

yeh a few big ones, american express, cat etc

US Earnings: Company Earnings Calendar - Yahoo! Finance

would help if i could read ofcourse, cat was this morning

Yeah Cat disappointed...MaccyD's saved the day...although their sales missed significantly if I recall correctly.

 

[Joey25]

nice one genics. you're the best trader on the boards at the moment imo. Keep it up.

I think that's true

 

[trader_dante]

I think that's true

Yes me too Genics

But I can't give you any more reputation points!

 

[N Rothschild]

 

[rollsafe]

Update on GBP/USD 1hr

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Update on GBP/USD 1hr

 

[firewalker99]

lol Genics, a reputation point says we see 7970 (-80 from current price) before we see 8100 (+50 form current price)

Unless my chart is mistaken, I see we have touched as high as 8167 already?

 

[candles]

indeed.
I am pleased to say that i went long at the close and it hit my profit target of 50 pips over night (green dot). In the old days I wouldn't have even taken the trade when traders of a high calibre are calling for lower prices. Hopefully it means im finally getting somewhere, lol. Only trust you own alanysis, folks.

 

[bfd]

Hi all,

I've noticed on this thread that alot of people seem to use pin bars touching important levels (such as a trend line) to catch a reversal. Doesn't this go against the conventional wisdom of trading with the trend?

 

[superspurs]

lovely entry on the 5 min

 

[trader_dante]

Unless my chart is mistaken, I see we have touched as high as 8167 already?

Indeed...lucky I only had a reputation point on the line

 

[trader_dante]

Unless my chart is mistaken, I see we have touched as high as 8167 already?

8167.

Yes, lol, I am long at 8042.

I was 125 ticks up...but this retracement has taken some of that back...

Oh well, let's see what happens...

 

[trader_dante]

indeed.
I am pleased to say that i went long at the close and it hit my profit target of 50 pips over night (green dot). In the old days I wouldn't have even taken the trade when traders of a high calibre are calling for lower prices. Hopefully it means im finally getting somewhere, lol. Only trust you own alanysis, folks.

Nice trade. I went long before the close. Glad you got out!! But what kind of a profit target is 50 ticks?! lol.

This is the Dow!!

Anyway, nice job candles...I'm up 50 ticks now...I'll give it a little more room and then may have to cut it.

 

[firewalker99]

8167.

Yes, lol, I am long at 8042.

I was 124 ticks up...but this retracement has taken some of that back...

Oh well, let's see what happens...

I don't follow the DOW let alone this thread, but someone pointed out that all the 'easy trading' was going on here, so I thought I'd go and have a look

From what I can see, I think we'll break out of this congestion and head lower, but like I said I don't follow the DOW that closely anymore.

Good trading

 

[trader_dante]

I don't follow the DOW let alone this thread, but someone pointed out that all the 'easy trading' was going on here, so I thought I'd go and have a look

lol.

What are you trading now FW?

Good to hear from you again btw

 

[neil]

Great trade sir

indeed.
I am pleased to say that i went long at the close and it hit my profit target of 50 pips over night (green dot). In the old days I wouldn't have even taken the trade when traders of a high calibre are calling for lower prices. Hopefully it means im finally getting somewhere, lol. Only trust you own alanysis, folks.

At what UK time did you enter this trade ?

 

[candles]

At what UK time did you enter this trade ?

exactly 9pm UK time.