Lovely 'puppies' on the Dax and Ibex this morning. Trading the strategy this week has been like shooting fish in a barrel.
I think our work here is done what shall we move on to next lads ?
Dr Randgold-Krug.
hi m8, no puppies for me yet on ibex today but managed to fondle these beauties yesterday ...
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See you here Monday fully refreshed and ready for a new week
hi m8, no puppies for me yet on ibex today but managed to fondle these beauties yesterday ...
quite right ! here I am 9o'clock at night in Bangkok surrounded by go-go bars and I'm stuck at my screen. Which is daft 'cos I've taken a Position anyway with stops and limits in place so why do I still feel the urge to keep flicking between 240, 120, 60 down to 3 minutes ?
Note to self, 'must get out more" ........
BD - IBEX 5 min chart, 8.15am onwards this morning. Long signal +74 pips. Same time DAX 3 min chart, but only managed 21 pips there
Sort of lost interest now, my daily (and weekly target) met, so I'm off for an early 'long weekend'. I don't fancy giving it all back !!
Options/fibonelli - I do quite fancy looking for a longer timeframe strategy, so I can spend less time in front of these screens, more time on the 'hobbies'. I glanced briefly at the Dax Daily charts for 2007, and the puppies didn't look quick enough for the few drops that we've had. Any other suggestions ?
Dr. Weekendgoldkrug.
:cheesy:
Dr. Weekendgoldkrug (eh?!)
Not sure if 39-2-8 will work well on daily. It looks horrible on FTSE100
Fibonelli
I agree, we're going to have to do some digging next week - mucking about with the settings on our favourite indicators. Divergence works well on the Daily Charts it seems, but don't appear very often....
The Doc.
PS. I'm NOW going - off to start my long weekend, these boards can become addictive !!
Okay lads, what I've found is this. The 'puppies' still work on the hourly, but of course they take longer to develop.
That divergence aside, if you use the stoch as it was meant to be used, IE short coming off the top through the 80 and long coming off the bottom through the 20.
You may be able to spot more trades that way that aren't 'puppies' but still give a bit of milage. Of course if the two develop together...
Nice pair of Katies this morning on the Dax, 08:06am (chart below) - we all knew there was a short coming up, but it's nice to see it confirmed - TRADE WHAT YOU SEE, NOT WHAT YOU THINK
Monthly meeting of C.A.P.E. (Campaign Against Puppy Entrapment) tonight at the Railway Tavern, Chelmsford (with lap dancing next door !! )
Dr. Ibex
Can you post pics of those puppies?