Hi ho,
Ditto on the DAX, I bought some just a little bit below you @ 12663.
But I am not planning on buying Wall Street, unless we get into the 22,440's.
I was wondering what prompted you to enter this before a break out?
EDIT: Btw, I have hedged the DAX over night, I just dont trust it out of hours, when often reactions seem to take place.
Hey mate . In my opinion we actually did get a breakout , but just not a conventional break of the highs kind, more of a squeeze and pop of a flag/wedge
Ok fair play to your rules. Mine are pretty strong on buying the all time highs.
Well done on a good strong start mate.
Alas, an example of a 2 style flag on the Nikkei
Hey Chartsy,
When trading this way you would be far better off with a pro charting package. Remember the IG charts are bookies prices and they run all sorts of prices out of hours which throws the graph out. In most cases, what you'll see on a bookies chart will differ greatly on the real data. Plus that and the spreads and movement within this area.
Your trading so far has been good, don't wait till things f**k up and your money has gone before you then think, I should have invested in a pro chart package. This will be hard to swallow as at the moment you are on a high from your success. You may only then realise on the big fall down.
Lee
It just spiked up by 60.Just closed dax for +£163, gapped down a bit and i closed it but got hit with a bit of interest
Account balance : £1163
Profit: £163
It just spiked up by 60.
I got very lucky, by mistake I had left a sell order in near the top of the spike @ 12897, so I was out. This alerted me to the spike, I thought it looked unsustainable, so I shorted at the red arrow and exited at the green cross! - Pure luck though.