Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
- Thread starter wallstreet1928
- Start date
- Watchers 252
- Status
kaisen
Established member
- Messages
- 631
- Likes
- 11
kaisen
Established member
- Messages
- 631
- Likes
- 11
Excellent work Reza, I take it, seeing as you wont tell me, you like taking bites out of movements! Good work.
As I say I am a newbie and i like to know peoples approaches!
Any tit bits well received!
I feel this is a pretty good strategy given the volatility at the moment and have been looking at this myself. I think sometimes I can get preoccupied with trying to catch the big wave!
All the best😎
Rez you should watch that 50 level on the FTSE, risky taking it long over it as if it stays there, it'll be a gap fill. Nice amount of trades, squeeze everything you can out of this range!
Long Eurostoxx 2506, out 2516: 10ticks, bloody boring trade, anyone else in the euro markets?
Long Eurostoxx 2506, out 2516: 10ticks, bloody boring trade, anyone else in the euro markets?
I tend to go for several small trades these days (mainly) rather than go to the hero 50+ point trades...its rare given the vol...
Hey mate, i wasnt ignoring you...I trade the momentum and look at the RSI and stochastics for this. In addition, I use Fib retracement levels for bounces, watch out for flags and penants (as they as very common in this market...im seeing one now on the 10 minute in fact-not a very clear one mind you)...I also trade tunnels...I look at exponential moving averages to confirm directionality...also, look at 3 time frames and make sure that they are all pointing in the same direction.....and of course, sometimes I trade on my "instinct" but i wouldnt recommend that to newbies...in fact I wont recommend it to anyone!...I hope that helps a bit. Sorry to not add much detail as im doing some research..
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
yes my friend
but watch out for retail sales as well
follow this calendar
InTheMoneyStocks - Economic and Earning Alerts
Last edited:
Just to let everyone know about the problems with IG's advanced charts. Apparantly there was a java update yesterday and its causing the advanced charts not to load in Firefox. I just went through a lengthy conversation with tech support at IG and it fixed the problem. i cant remember all the clicks though (there were a lot) stopping and starting firefox, clearing caches etc. But to cut a long story short if you give IG a buzz on the freephone number they will talk you through changing the settings in firefox to make it work again. Mines running ok now 🙂
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
FSTE has been trading between 4300 - 4500 like a yoyo ...........
one can just trade these ranges in the interim and make a bit money
This market is either;
1. building a base for another leg higher,
2. indecisive , Bulls and Bears fighting it out
3. Bear market trap
kaisen
Established member
- Messages
- 631
- Likes
- 11
Thanks. Sounds alot more impressive than the tea leaves I am trying to read at the minute!
How come the 30 yr bonds thing is not on the calendar? What time is it being released?
I've been doing pretty much that - just trading the bottom of the range since we came down from the triple top - but its your point 3 that has me very wary now.
Is there any big money left on the sidelines now that hasn't yet bought back in at those lower levels? Is it the smart money thats buying and selling it back? Its just become so scarily tight now.
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
contracts expire/rollover today in US so we could get a lot of whipsaw action and i will certainly be looking to go long as it will present a good entry price
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
- Status
Similar threads
