Hey EgyTrader Welcome back
how are your positions this week, hope u makin lots of green
good luck
- #8,502
- Jan 17, 2010 9:29pm Jan 17, 2010 9:29pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
am waiting for a close below the cloud to jump in, what concerns me now is the daily Ks+Ts which will act as a good support points adding the kumo edge on the weekly chart
and i just find the conclusion the market is just gbp/usd giving rits every time..
means ..
let me shown you what do i mean.. pls understand by chart
and just some future prediction see the TS KS future can crossover possiblity and the support
DRAGON-TECHNICAL ANALYSIS!
- #8,503
- Jan 17, 2010 9:32pm Jan 17, 2010 9:32pm
- Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts
Good one.
I'm short from 7400 while on AU I'm short from 9250
DRAGON-TECHNICAL ANALYSIS!
- #8,505
- Jan 17, 2010 11:22pm Jan 17, 2010 11:22pm
I've no idea my friend and IMO this is extremely weird as on my platform everything is showing perfectly alright
good day Asher, do you have an explanation for the negative pips earned on the ichi360 despite a long with positive move on this daily EU chart?
I checked the other TF (1H and 4H they are bearish but in +ve pips) and it is OK even the weekly (which is bullish and in +ve pips)
- #8,506
- Jan 18, 2010 12:28am Jan 18, 2010 12:28am
I've no idea my friend and IMO this is extremely weird as on my platform everything is showing perfectly alright
but even so, the entry long is 1.4345 and the current price is 1.4371 so it should be +26 pips, very weird indeed.
- #8,511
- Jan 18, 2010 4:41am Jan 18, 2010 4:41am
I completely agree with you on this point, this is exactly what I've noticed too and I've yet to understand the reaons for that.
hmmm not really, you can trade CFD on Stocks which is the Leveraged Product same as you do in Forex. I trade CFDs and here is my trading diary http://www.ichi360.com/cfd/
BTW, what Platform is this ?
hey guys , im actually starting to think that ichi works better (less whipsaws ) with stocks and other instruments , than forex .
However u need a much larger account for them
- #8,518
- Jan 18, 2010 8:28am Jan 18, 2010 8:28am
Yes I trade live with IG Markets because they provide almost everything that I like to trade, just from today they have made ASX200 Future Index available for 24 hours which means there will be no gap. I trade Future Indices quite a lot as they can move really fast and give you quick money.
Also, there are few stocks (mainly NASDAQ) which are my favourite. However, their Charting is crap and that is why I do all my analysis on MT4 Demo Accounts and then trade with IG Markets.
For Stocks CFDs they have Level2 pricing which is quite useful to monitor...
P.S. sorry for too many offtopic questions , but I think it is indirectly related to ichimoku
- #8,519
- Jan 18, 2010 8:51am Jan 18, 2010 8:51am
Dont worry, I'm more than happy to help as CFD / Stocks is one of my favourite area to work with.
Its actually a misconception, the amount that you pay for Overnight holding is such a small amount that it doesnt make any difference when you compare it with your overall profits. Have a good read of this page to understand how to calculate overall profits after the Interest paid to your broker http://www.igmarkets.com.au/cfd/detailed-example.html
As you can see in the following example, you pay 48$ on a profit of 2750 which is almost like your Broker Fees if you were to trade normal Stocks but here in CFD you get Leverage which you can not get in normal stock Trading:
Gross profit on trade $2750 Commission -$47 Interest adjustment $48
I in fact have a different opinion and I take my Stock CFDs as Longer Term Investments where the profits are larger and the Trading is quite Stress Free as you are trading on a larger timeframe. Here are a couple of trades that I took recently which went quite long (up to couple of months):
http://www.ichi360.com/cfd/?p=122
http://www.ichi360.com/cfd/?p=101
Cheers,
Asher
Its actually a misconception, the amount that you pay for Overnight holding is such a small amount that it doesnt make any difference when you compare it with your overall profits. Have a good read of this page to understand how to calculate overall profits after the Interest paid to your broker http://www.igmarkets.com.au/cfd/detailed-example.html
As you can see in the following example, you pay 48$ on a profit of 2750 which is almost like your Broker Fees if you were to trade normal Stocks but here in CFD you get Leverage which you can not get in normal stock Trading:
Gross profit on trade $2750 Commission -$47 Interest adjustment $48
I in fact have a different opinion and I take my Stock CFDs as Longer Term Investments where the profits are larger and the Trading is quite Stress Free as you are trading on a larger timeframe. Here are a couple of trades that I took recently which went quite long (up to couple of months):
http://www.ichi360.com/cfd/?p=122
http://www.ichi360.com/cfd/?p=101
Cheers,
Asher
what about trading cfd longer term ? I mean holding a certain cfd for at least a week or longer , does it make sense ? Ive read somewhere that u get charged interest everyday , so its more suitable for intraday traders , would love to hear ur comment about that .
P.S. sorry for too many offtopic questions , but I think it is indirectly related to ichimoku
