Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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SuddenDeath
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anyone interested in a new system ?
fast trader7
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SuddenDeath
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No its free,
chart set to 10min, RSI set to 5 period, when buy signal occurs when 5 period RSI moves above 35 after being below 35 when this happens place a buy order 4pts above the 10min price bar which led to the the RSI reading above 35,
that's it plain and simple,
chart set to 10min, RSI set to 5 period, when buy signal occurs when 5 period RSI moves above 35 after being below 35 when this happens place a buy order 4pts above the 10min price bar which led to the the RSI reading above 35,
that's it plain and simple,
SuddenDeath
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RSI/STO5 buy signal at 15.30 4479price
And so it has, short @ 4480
Darn it
I was away from my desk for about an hour and its closed my short out at 4500 what a sod Nice one Reza! :clap:
I like your technique, it seems to work for you very well. Good trading
fast trader7
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SD.
Interesting. I will try it on ftse tomorrow
thanks for the info
Interesting. I will try it on ftse tomorrow
thanks for the info
Ouch stopped out, nice entry & trade for that system
oooh maybe not stop not hit yet....
There we go - ok, +12 for the day, later people
dr.blix
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had a better day today staying out of the 5mTF.
spreads are included here.
S 494 (overnight) c 477 + 17 (could have been + 40 if i had half a brain)
L 465 c 466 + 1 pt
L 470 c 466 - 4 pts
S 483 c 480 + 3 pts
S 482 c 464 + 18 pts (total fluke, shorted a res level and left the room...nice surprise coming back!)
L 471 c 481 + 10 pts (+30 if i'd had the sense to let it run up to 500)
+ 45 on the day
+ 11 pts on the week so far (i can just hear those investment banks begging me to work for them...)
spreads are included here.
S 494 (overnight) c 477 + 17 (could have been + 40 if i had half a brain)
L 465 c 466 + 1 pt
L 470 c 466 - 4 pts
S 483 c 480 + 3 pts
S 482 c 464 + 18 pts (total fluke, shorted a res level and left the room...nice surprise coming back!)
L 471 c 481 + 10 pts (+30 if i'd had the sense to let it run up to 500)
+ 45 on the day
+ 11 pts on the week so far
(i can just hear those investment banks begging me to work for them...)
kaisen
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had a better day today staying out of the 5mTF.
spreads are included here.
S 494 (overnight) c 477 + 17 (could have been + 40 if i had half a brain)
L 465 c 466 + 1 pt
L 470 c 466 - 4 pts
S 483 c 480 + 3 pts
S 482 c 464 + 18 pts (total fluke, shorted a res level and left the room...nice surprise coming back!)
L 471 c 481 + 10 pts (+30 if i'd had the sense to let it run up to 500)
+ 45 on the day
+ 11 pts on the week so far
Well Done DB, really pleased for you, i hope you learned alot as well! :clap::clap::clap:
+ 11 pts on the week so far
Having worked with quite a few prop trading desks in my last job, trust me, you aren't too far off their average performance
SuddenDeath
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Market feels very strong for tomorrow, "strong into the close"
today is the 7th consecutive up day, this must be some sort of record.
My prediction this morning for today was not far out.
today is the 7th consecutive up day, this must be some sort of record.
My prediction this morning for today was not far out.
i use RSI.stochastic a lot...
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