3674 replies to this topic

[HDB]

Ftse broke the 34ema first time today....so look alike a pullback long!

correction....hitting 34ema..not yet broken....so all seems 50:50 call...could go either way!!

[HDB]

Ftse broke the 34ema first time today....so look alike a pullback long!

[HDB]

need to break 34ema for long

yep....but could juts be a retracement for another short!!

 

Just a quick read on the book says go to 15 min chart...change cci to 50.....and see if its above 0...If its above, this could be a pullback long back to high!!

[Syris]

A long only if it breaks the 34ema line

[Qbre77]

need to break 34ema for long

[HDB]

so at next signal....Long or Short??

[BBW]

and heres the reply from Banco :

 

Hi HDB

 

It is there to share. Just thought as mentor of the group it is better if you filter through new ideas. 

 

I am fine and doing ok. Kids cost a fortune. So have to grind but we will get there.

 

I will stay in contact and follow up where possible.

 

The copy of the book by Carolyn Boroden which I have is in pdf format. I will send the link where you can download it tonight.

 

Keep well

Book could be on the link that Vertebrae supplied; I see there's 2 books on Fibs trading by the author? Great stuff; thanks for sharing HDB (and Banco)

Edited by BBW, 03 June 2014 - 11:50 AM.

[MiniTrader]

I am ready HDB, Pivots done and dusted this morning.  Missed out on the long signal given but I learned a lot this morning.

[Qbre77]

Awesome! 

[HDB]

and heres the reply from Banco :

 

Hi HDB

 

It is there to share. Just thought as mentor of the group it is better if you filter through new ideas. 

 

I am fine and doing ok. Kids cost a fortune. So have to grind but we will get there.

 

I will stay in contact and follow up where possible.

 

The copy of the book by Carolyn Boroden which I have is in pdf format. I will send the link where you can download it tonight.

 

Keep well

[HDB]

Ok Class I have very good news for today!!!

 

A forum member who I know from the old PSG forum and who hasn't posted here for a while send me a PM last night.

He told me he has been following this thread with interest and reckons we on a good thing. He sent me a chapter from a book which shows a very similar set up to ours, but now we introduce Fibonacci retracements.

I am very excited about this development. In fact just reading through it right now, I was amazed that today would have been an absolute perfect trade set up according to the book!!  High to low..and now back to high!! .Apply the fibs and see the high taken out!! worked to perfection!!

 

I cannot say anything more until I get confirmation from the member if I can share it and his name with your guys...

 

The setuups are very similar to ours but also introduces 3 min and 15 min timeframes...

 

Looking forward to share... and this was the exact reason why I wanted to share my system, to get various new input and ideas as to how to improve this system.. Well done Mr X...really appreciate the chapter from the book!!

Edited by HDB, 03 June 2014 - 11:27 AM.

[delta66]

hahaha...phased block purchases then let the mass feeding frenzy takes it higher

 

I C U

[delta66]

guys..check the 3 green candles in step formation   someone having fun again

[AJS]

NED..been in for while now, showing green on my short but its a slow grind

 

Yeah, I caught onto this late. Showed double top up in the R230's.  Will sit tight.

[Godfather]

Hi All

 

I prefer to try this sytem of shares as ooposed to the ALsi as i dont have a lot of money to trade with and a big move in the ALsi has early wiped me out a few times.

What are the shares that you guys have found work well with this system? (The most volitile)

[delta66]

Nedbank short not working out, although still under 34MA.

NED..been in for while now, showing green on my short but its a slow grind

[Sugafoot]

Is 12674 a good entry point for VOD?

[MiniTrader]

And out at 915.  Momentum gone.

[delta66]

Yes, still battling to find a good SL 'spread' and very scared of the "hunters", but at the moment not too bothered going long, being offset by my @#$%^& short that's holding me up!

on bigger play..wise keeping stops tight.  for me micro's are fun for day trade..keep averaging down every 100p and you seldom lose money(if not greedy)

[AJS]

Nedbank short not working out, although still under 34MA.