its broke through R2 as well...so now use that as support...if it falls back to R2 you could add to existing longs depending on your risk profile...
next target R3!!
Edited by HDB, 22 May 2014 - 10:50 AM.
Posted 22 May 2014 - 10:49 AM
its broke through R2 as well...so now use that as support...if it falls back to R2 you could add to existing longs depending on your risk profile...
next target R3!!
Edited by HDB, 22 May 2014 - 10:50 AM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 22 May 2014 - 10:47 AM
note guys: Today no shorts even if CCI falls below 0..rather wait for it to go down and as it turns go long.!!
treat it as a pullback to go long unless something drastic happens like pound falls or dow goes negative!!
Well play it like this till at least before 2pm!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 22 May 2014 - 09:35 AM
thats what happen when stops set to close..p+ssed about it but hey thats day trading for you
“melior diabolus quem scies”
Posted 22 May 2014 - 09:30 AM
out 44478
“melior diabolus quem scies”
Posted 22 May 2014 - 08:55 AM
long of R1 (44820) also a gut feeling...caution advised
“melior diabolus quem scies”
Posted 22 May 2014 - 08:53 AM
Posted 22 May 2014 - 08:47 AM
ok class.....im long at at fair value...suggest if you have the balls then go long as well...this has nothing to do with system!!
Resources to fly today re china news!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 22 May 2014 - 08:47 AM
Rule : don't trade before 9.30 ....can break rule to only trade after 9am when market shows its hands...ie fair value of underlying...anything else is speculation!!
09:30 yesterday was a good example
Posted 22 May 2014 - 08:43 AM
yep..no trading for me after hours (system after hours give incorrect signals)
on second thoughts...its not the system...its the market maker
Edited by delta66, 22 May 2014 - 08:46 AM.
“melior diabolus quem scies”
Posted 22 May 2014 - 08:40 AM
so glad didn't take short based on that signal couple min back..if short today will be a hit and run trade 50points bagger - no more
but all supposition..charts will tell
Rule : don't trade before 9.30 ....can break rule to only trade after 9am when market shows its hands...ie fair value of underlying...anything else is speculation!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 22 May 2014 - 08:39 AM
opening call :+- 44827
Good Morning to everyone
HDB, do you still stand with your view to only start trading at 9:15
There were a couple of signals during the night and early this morning that could have worked.
Posted 22 May 2014 - 08:39 AM
so glad didn't take short based on that signal couple min back..if short today will be a hit and run trade 50points bagger - no more
but all supposition..charts will tell
“melior diabolus quem scies”
Posted 22 May 2014 - 08:32 AM
opening call :+- 44827
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 22 May 2014 - 08:28 AM
heya Ocean..would be great to hear how the 10min works out. today safe to say trend will prob be UP but still early, will be placing trades on signals using the 5min window. good luck to me and others
“melior diabolus quem scies”
Posted 21 May 2014 - 08:47 PM
using 10m HDB CCI on 10 min using 3ma crossing 10ma and CCI - currently using 20 prds on CCI - suggestions for better periods??
I then set this up with IG indicator cell phone alerts - works to get my attention
Hi Ocean....How many signals you got using the 10 min and 20cci today? also where they all good signals or some whiplashes?
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 21 May 2014 - 04:38 PM
using 10m HDB CCI on 10 min using 3ma crossing 10ma and CCI - currently using 20 prds on CCI - suggestions for better periods??
I then set this up with IG indicator cell phone alerts - works to get my attention
Posted 21 May 2014 - 04:21 PM
10 min chart better indication for today not so many false signals
Good point!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 21 May 2014 - 04:18 PM
10 min chart better indication for today not so many false signals
Posted 21 May 2014 - 04:08 PM
not a good day to trade any system. Market all over the place!
Posted 21 May 2014 - 04:02 PM
Lesson learnt...
I tried to neat/override my system and went long just watching the dow fly...
Stopped out at 44450!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!