3674 replies to this topic

[delta66]

support S2 thin..stops 45317 for lock in of 217p...letting ride, risk free!

[Godfather]

Godfather, on 25 Jun 2014 - 3:24 PM, said:

Why did you go back in for short HDB? because price touched 13ema?

I am looking at graph and 23ema didn't get near 34ema

check 5 min...price touched 13ema with topping tail!!

 

 

Cool Thanks. I saw that. Just wanted to make sure. Still nervous of using the system

[davidp13]

I am more than convinced there is automated/ bot entries on 13 and 34ema!!

Yip! To fade retail guys. Especially on 5min and 3min. Personally I will only go in the direction of the 1hr timeframe. At least you can sit on a entry till the 13ema breaks.

[HDB]

Why did you go back in for short HDB? because price touched 13ema?

I am looking at graph and 23ema didn't get near 34ema

check 5 min...price touched 13ema with topping tail!!

Edited by HDB, 25 June 2014 - 03:26 PM.

[Godfather]

Why did you go back in for short HDB? because price touched 13ema?

I am looking at graph and 23ema didn't get near 34ema

[Syris]

My target is 45080 on this short.

[HDB]

I am more than convinced there is automated/ bot entries on 13 and 34ema!!

[HDB]

back in short @45268

[Syris]

nice bounce coming upp...Waiting for entry and will short again higher up!! 13ema or 34ema on 5 min!!

I'll hold this short, and see if it tests 45282. I'll only consider closing it if it goes above 282 and continues to hunt the 13ema on the 15 minute

[HDB]

nice bounce coming upp...Waiting for entry and will short again higher up!! 13ema or 34ema on 5 min!!

[HDB]

and out for 2 by 325points!!

[Syris]

Guys need your input here for an addendum to entry!!
 
At moment we have entry as:
 
Go long if price breaks above 34ema and cci anywhere above 0
 
Do ull think its better to say:
 
Go long if 13ema breaks above 34ema and cci anywhere above zero?
 
I think second option is a more genuine signal but you may miss out on a few more points...
Also if we use second option, a long signal may be given using option 1 where buy signal may be given by cci 0 cross and price way below 34ema.. If we use option 2, we will miss out on this trade...r
 
 
 
What does class say?

It is a much safer option HDB. I assume the ema cross will be on a 5 minute chart?

It is also safer to always check the longer term trends to see if they agree with your intended direction of your trade.
And for exits, I'd suggest we use the 15minute 34ema.

[Syris]

Boom boom boom! 323p and counting! Targeting 45190!

[HDB]

shorting time boys if u not already!!

[HDB]

Yes that is true.Every day is a learning day! Dumped the long for 10 pips profit and added another short. If support at 45400 hold will it be good entry for long?

I wont play longs today....rather short the bounces!!  Unless of cos the dow does a U turn from last night, but in my view highly unlikely as there going to be lots of big boys sweating to sell out in a overpriced heated market!!

[InSitu]

If this rule had been in play, InSitu would not have gone long!!!

Yes that is true.Every day is a learning day! Dumped the long for 10 pips profit and added another short. If support at 45400 hold will it be good entry for long?

[Godfather]

Hey HBD. That second option has given me much clearer signal and makes more sense when reading

[HDB]

Guys need your input here for an addendum to entry!!

 

At moment we have entry as:

 

Go long if price breaks above 34ema and cci anywhere above 0

 

Do ull think its better to say:

 

Go long if 13ema breaks above 34ema and cci anywhere above zero?

 

I think second option is a more genuine signal but you may miss out on a few more points...

Also if we use second option, a long signal may be given using option 1 where buy signal may be given by cci 0 cross and price way below 34ema.. If we use option 2, we will miss out on this trade...

 

 

 

What does class say?

 

If this rule had been in play, InSitu would not have gone long!!!

[HDB]

Guys need your input here for an addendum to entry!!

 

At moment we have entry as:

 

Go long if price breaks above 34ema and cci anywhere above 0

 

Do ull think its better to say:

 

Go long if 13ema breaks above 34ema and cci anywhere above zero?

 

I think second option is a more genuine signal but you may miss out on a few more points...

Also if we use second option, a long signal may be given using option 1 where buy signal may be given by cci 0 cross and price way below 34ema.. If we use option 2, we will miss out on this trade...

 

 

 

What does class say?

[Syris]

Nice input!!  Thanks for that!! Better to know what the longer trend is before you exit!!

Only a pleasure HDB.