Yes. This is what this meant. It was quick. Price peaked @ 15471 before dropping back to between 15450 and 15440.
A nice punt.
M
Well done, a nice quick 40 pip profit to end off the day...
Sounds like you have a plan! So even if you experience a 50% drawdown, which is about 10% likelihood according to the previous posts, it still would not stop you trading. 5% should not be a problem then.
Leaving limit buy @ 15412 SL 20 TP 48.
closed it at breakeven.
Do not like the look of NT setup today - rules say clear BUY - but look where we are trading into and looking at shorter timeframes suggests reversal... And crossing of the MA is bearish... What to do? Enter Anti NT?
I think I will stay out (cannot manage the trade today so would have to be true NT) as I see yet another -30 on the cards to round off the bad week...
I think I will stay out (cannot manage the trade today so would have to be true NT) as I see yet another -30 on the cards to round off the bad week...
paulhayes57
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me 2 melb , undecided clear long but not sure at all !
everydaytrader
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Trickey one today probably just a buy but very indecisive, not sure RH would class this one
as a trade given what happened the other Friday. Who's going for it?
as a trade given what happened the other Friday. Who's going for it?
Missed the entry, but in at 15425. Highest is 1547..something (bleary eyes)
paulhayes57
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From 22:00 last night there has been a clear fall off causing the ma to turn... I stayed out although longer timeframes look good you would be trading with targets last seen several months ago.... Possible but for a high risk trade when I won't be around to manage it...
I'm not going for it today:| back to bed.....
peterf1966
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up late and missed it at 6.30, but it looks like a buy at 20,and thats where it is now, go for it? Would do normally, but you lot are making me nervous. might wait a bit....
Hope you're not getting 'shell -shocked ' folks ,this and other systems are still pointing north, however the FTSE is looking off. Because of the recent early morning shakeouts, that seem to be getting more common , I have placed a buy order order just above the current trading range, trying not to get sucked into yet another 'fakey' -good luck.
Rugby Trader
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it's not indecisive, every ma is rising or flat, not one is going down.
a blatant long
i've taken it but i dont' like it. it can't rise that much in one day and not have some sort of retracement.
but rules is rules
by the way guys, i read up last night on inside bars and fibonaccis. fascinating stuff.
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mark120169
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Yes. Then if NT fails you did it for free.
Clear buy, MA up by 6. Try not to get too chartist otherwise you will never trade NT most days.
Trade triggered @ 420.
Good luck all.
M
