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- Trading platform - Opinion
*Not sure if this is the right spot for this thread. Sorry if it is not* I have been using GFT for ...
- magnadyne replied Oct 24, 2008
Maybe the strat is if you keep calling for a bullish market you will eventually be right!
- magnadyne replied Oct 24, 2008
it was mentioned earlier that there is a flag forming. Any confirmations on that? RSI seems to be building up again quickly & a retrace to 50% makes me think another fall is coming. However, I am a noob, so comments on these thoughts would be great. ...
- magnadyne replied Oct 23, 2008
is it me or has a double bottom formed around 97? Retrace to 99?
- magnadyne replied Oct 22, 2008
A shame I do not have that one
- magnadyne replied Oct 22, 2008
Sorry for the noob question, but what is QQE? I see you use it a lot.
- magnadyne replied Oct 21, 2008
Can you please explain why you think this level? Thanks
- magnadyne replied Oct 21, 2008
I agree don't trade when I am confused. That is why I am still on the side lines on this one. However, for your other comment... I am guessing you are telling me to figure a calculated stop & enter level? If this is the case, I would agree there ...
- magnadyne replied Oct 21, 2008
I am guessing there has got to be a retrace if not a full on reversal coming soon. My RSI bottomed and is signalling a buy along with my Stoch. I am still a noob, so let me know your thoughts. It seems like many people are a bit confused on what way ...
- magnadyne replied Oct 21, 2008
Agreed. Both my Stoch & RSI are close to bottoming out.
- magnadyne replied Oct 20, 2008
Why do you think this? Also, does anyone have any ideas on targets for long? I am thinking 103 based on the last low of 99.3, and the retrace to 100.6.
- magnadyne replied Oct 17, 2008
That is exactly what I was thinking, but how far to you preduct it will fall? IMO I feel it is seeing a lot of resistance around the 176, and I am guessing it is going to fall a lot. Of course I could be dead wrong. Not sure what you pros think ...
- magnadyne replied Oct 17, 2008
yeah, I am thinking I hit my limit at 100.6
- magnadyne replied Oct 17, 2008
Food for thought... Doing a fib from the previous high of 197.4 to the low of 166.6 it retraced first to the 50, then dropped to the 38.2. Now it has found support/ resistance under the sma200 / 30m. Does anyone think this might continue down?
- magnadyne replied Oct 17, 2008
I also shorted 101.55, but I am wondering how far it is actually going to go
- magnadyne replied Oct 15, 2008
I am still a noob, but to me it looks like it is finding support around 1.35 to continue the down trend. My guess is it will retrace to 1.35 and continue down.... Any thoughs on if I am on the right track?? I suppose I should add IF it retraces to ...
- magnadyne replied Oct 15, 2008
Don't get too discouraged, I have been trading for a year now and only recently have been able to make headway. I have made the same dumb mistakes. I started out thinking I could let the system run just based on a set of rules I gave it. The more I ...
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