I call upon my father's spirit , watching over me
- #2,021
- Edited 1:24am Jul 28, 2021 12:58am | Edited 1:24am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
- #2,022
- Jul 28, 2021 1:05am Jul 28, 2021 1:05am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,023
- Jul 28, 2021 1:23am Jul 28, 2021 1:23am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
{quote} I, as a trader, learn a lot from the context you provide like a journalist does. You very often talk of two gaps being filled or left open in terms of cash market and futures market. This is something not clear to me. Appreciate being educated for gap technique. Thank you.
But quantity is totally different from quality infos. and for me quality infos is only into the price, as price tell us everything.....luckily!
Nobody will tell us real high quality informations beofre things happen, that's for sure.
2. OK, let's talk gaps. Again I only take into account DAX CASH INDEX official gaps, 9-17:35CET.
I dont care DAX FUTURES gaps as they move almost 24 hours. Imho DAX CASH INDEX i s the king that rule the DAX world.
It's only my opinion and I don't know if it's right or wrong, and I respect every opinion about it , but that's my rule.
3. To be clear last gap I talked was at 444, since last week. as you can see in the official table here below for DAX CASH INDEX it was left open (443.76 to be exact) last 21 july. They left open fro some days and only yd they covered this gap, and as you can see in my journals I bought many positions around there.
In short, gap it's only a refer, not a religion, it can stay open for hours, days, weeks, months, who knows........
I call upon my father's spirit , watching over me
- #2,024
- Jul 28, 2021 1:41am Jul 28, 2021 1:41am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I will probably take almost a day off today, as I have planned a trip on a boat....an old classic in wood boat, of a friend of mine... not a yacht as ISLANDER
US FED waited tonight, so there's a chance for a wait and see mode , after fireworks we saw yd. But you can never tell here......
BIG FIBO ZONE 570 for DAX CASH INDEX will act or as a support for a strong short squeeze, or as resistance for a comeback below 500 zone, imho.
530 zone =520 zone for DAX FUTURES, will play as a mid point of this range.
US FED waited tonight, so there's a chance for a wait and see mode , after fireworks we saw yd. But you can never tell here......
BIG FIBO ZONE 570 for DAX CASH INDEX will act or as a support for a strong short squeeze, or as resistance for a comeback below 500 zone, imho.
530 zone =520 zone for DAX FUTURES, will play as a mid point of this range.
I call upon my father's spirit , watching over me
- #2,025
- Jul 28, 2021 2:02am Jul 28, 2021 2:02am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,026
- Jul 28, 2021 2:03am Jul 28, 2021 2:03am
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,027
- Jul 28, 2021 2:12am Jul 28, 2021 2:12am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Practice makes a person perfect
- #2,028
- Jul 28, 2021 2:14am Jul 28, 2021 2:14am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Enjoy your day's boating, wooden boats do leak, so hope you don't mind getting wet 
PS certainly looks like a good day to be away from the screen - Frankies Hour's Range was a miserly 31 pts which does not bode well for the rest of the European action.
I too will soon be heading to sea in our Plastic Fantastic Day-cruiser
PS certainly looks like a good day to be away from the screen - Frankies Hour's Range was a miserly 31 pts which does not bode well for the rest of the European action.
I too will soon be heading to sea in our Plastic Fantastic Day-cruiser
Trading Levels with WRBs
- #2,029
- Jul 28, 2021 2:40am Jul 28, 2021 2:40am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
{quote} Thank you very much for your insights. I totally agree with your common sense style of trading not depending on some chart toys to give you prediction. I have deleted all technical indicators from my chart. I use only customized information indicators. I have just shared a coder on FF to help me code simple indicators for the use of housewives and elderly people. https://www.forexfactory.com/thread/...2#post13644992
The remainder are custom built by a friend and member of our group and just display other useful factual information - hence, as an elderly person, I will not be taking up your kind shared offer
Regards
Islander
Trading Levels with WRBs
- #2,031
- Jul 28, 2021 3:09am Jul 28, 2021 3:09am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
good morning to all I can write about this whether indicators or not, it is important to understand where and when why I am buying/selling now. my hobby is to test indicators that is fun
I have tried hundreds of indicators and had dozens specially written. I finally decided that the less I have on my screen, the easier it is for me to "see" what is happening and make trading decisions. OK, that did take many thousands of hours of screen time!
Good luck with your hobby
Trading Levels with WRBs
- #2,032
- Jul 28, 2021 3:21am Jul 28, 2021 3:21am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
{quote} I too have removed all indicators except a moving average - useful when following several Indices - and the Daily Pivots which have been watched by many traders for hundreds of years. The remainder are custom built by a friend and member of our group and just display other useful factual information - hence, as an elderly person, I will not be taking up your kind shared offer
It took years for me around 30 years for me to get out of the forest. The forest journey was tedious, but enjoyable.
Now the journey triggered by Corona has been explosive for me in my thinking and managing disasters.
Practice makes a person perfect
- #2,033
- Jul 28, 2021 3:40am Jul 28, 2021 3:40am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Practice makes a person perfect
- #2,034
- Jul 28, 2021 4:13am Jul 28, 2021 4:13am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Practice makes a person perfect
- #2,035
- Jul 28, 2021 4:58am Jul 28, 2021 4:58am
- Joined Jan 2018 | Status: Trader | 17,298 Posts
{quote} I have tried hundreds of indicators and had dozens specially written. I finally decided that the less I have on my screen, the easier it is for me to "see" what is happening and make trading decisions. OK, that did take many thousands of hours of screen time! Good luck with your hobby
thank you
acting is really easy for me .
You have to be able to wait - that's a recipe.
- #2,036
- Jul 28, 2021 12:28pm Jul 28, 2021 12:28pm
- Joined Aug 2014 | Status: Trader | 85,177 Posts
Enjoy your day's boating, wooden boats do leak, so hope you don't mind getting wet
yes, wood boat a ittle wet, but maybe it's good in this super hot summer!!!Situation is becoming heavy and hotter than hell.....too many days without a chance to breathe fresh air (air conditioning excluded) day and night!!
Forecast is always the same.......
I call upon my father's spirit , watching over me
- #2,037
- Jul 28, 2021 12:32pm Jul 28, 2021 12:32pm
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,038
- Jul 28, 2021 12:34pm Jul 28, 2021 12:34pm
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,039
- Jul 28, 2021 12:35pm Jul 28, 2021 12:35pm
- Joined Aug 2014 | Status: Trader | 85,177 Posts
I call upon my father's spirit , watching over me
- #2,040
- Jul 28, 2021 12:38pm Jul 28, 2021 12:38pm
- Joined Aug 2014 | Status: Trader | 85,177 Posts
{quote} thank you acting is really easy for me . You have to be able to wait - that's a recipe.
FUGAZI for you, with their Waiting room hit!!!!!!!
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I call upon my father's spirit , watching over me