Disliked{quote} Ata, she broke soo fast i was even unable to get in .. but 1-2-3, solid breakIgnored
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Focus only on what truly matters!
SPX and DAX - CFDs are the place to be
- #3,141
- Sep 26, 2014 8:10am Sep 26, 2014 8:10am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Focus only on what truly matters!
- #3,142
- Sep 26, 2014 8:25am Sep 26, 2014 8:25am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
IF you look to trade 1/2/3s or A/B/Cs, then the small ascending triangle / wedge on the 1m gave you a sell in the 12:50 gmt bar at ~ 9510 .
Now, IMO, profit takers / buyers stepped in ~ yesterday's low.....5m bullish engulfing / 15m green spinning top both with high (tick) volumes....so AT THAT TIME, Dax / Dow / SPX didn't want to go lower.....
Now, IMO, profit takers / buyers stepped in ~ yesterday's low.....5m bullish engulfing / 15m green spinning top both with high (tick) volumes....so AT THAT TIME, Dax / Dow / SPX didn't want to go lower.....
Trading Levels with WRBs
- #3,143
- Sep 26, 2014 8:34am Sep 26, 2014 8:34am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Right now all I can see is a San Fransico bridge on 5m.. my brain stopped 
Focus only on what truly matters!
- #3,145
- Sep 26, 2014 8:43am Sep 26, 2014 8:43am
{quote} Well I traded FTSE for most of the 1990s and then the S&P, Dow and Russel 2000, so I do have several 1000 hours trading Stock Indices .
...the problem always is how to distinguish between fake and real breakout...... IMO the only way is to be in that boat and have a tight SL.
Good luck
Cheers
- #3,146
- Sep 26, 2014 8:57am Sep 26, 2014 8:57am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Ok.. restarted my brain 
and when I look now we have a nice clean fall on the 15 min. which had retraced only to fib 23.6.. well only based on this I believe the odds are more towards long.. till when? Only after a retrace to fib 38 or higher I can consider shorting..
New Pending Order (buy stop): 9515
No SL no TP yet..
(valid till close of markets)
Happy Trades
and when I look now we have a nice clean fall on the 15 min. which had retraced only to fib 23.6.. well only based on this I believe the odds are more towards long.. till when? Only after a retrace to fib 38 or higher I can consider shorting..New Pending Order (buy stop): 9515
No SL no TP yet..
(valid till close of markets)
Happy Trades
Focus only on what truly matters!
- #3,148
- Edited 9:16am Sep 26, 2014 9:04am | Edited 9:16am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
{quote} Aha, that makes sens...so you got more than a couple of decades trading indices....... that's a lone a fortune
Here's a 1m KISS chart - just 1 MA - try a few different settings and see which fits. Only trade in the direction (colour) of the MA and when it reverses, wait for the first candle to close and then enter when the next candle breaks the H/L.
If you miss the first reversal, then enter on any pull back - aka a 1/2/3 or A/B/C
With something similar, you will be onboard BEFORE price reaches the breakout level
PS the last sell was a wash, as again it FAILED to break down. I bought in the 13:58 bar, since closed
PSS: Sold in 14:11 bar SL now +5
Trading Levels with WRBs
- #3,150
- Sep 26, 2014 9:05am Sep 26, 2014 9:05am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Ok.. restarted my brain
Focus only on what truly matters!
- #3,152
- Sep 26, 2014 9:16am Sep 26, 2014 9:16am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Last tickets for the polar express...
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- #3,153
- Edited 9:38am Sep 26, 2014 9:23am | Edited 9:38am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Last tickets for the polar express...
Edit: closed for a couple and I have finished for the day.....a great weekend to all....
Trading Levels with WRBs
........... I'm also going to ask the broker to include the cash option. They have been co-operative so far. If they include it, I'm all set. If they don't, I'll leave them. .......
The reason why there is not a continuous symbol/price-quote is because of the way MT4 handles CFDs. As you are aware the previous CFDs have a slight different code such as FDAX.Z14 or FDAX.X14 as all CFDs have an expiry date which is often on a monthly or quarterly basis. Therefore, due to technical limitations of the platform unfortunately there is no way to merge the two together to create one continuous symbol/price-feed.
Makes any sense?
- #3,155
- Sep 26, 2014 10:34am Sep 26, 2014 10:34am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat
- #3,156
- Sep 26, 2014 10:38am Sep 26, 2014 10:38am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
{quote} so this is what the broker said:- The reason why there is not a continuous symbol/price-quote is because of the way MT4 handles CFDs. As you are aware the previous CFDs have a slight different code such as FDAX.Z14 or FDAX.X14 as all CFDs have an expiry date which is often on a monthly or quarterly basis. Therefore, due to technical limitations of the platform unfortunately there is no way to merge the two together to create one continuous symbol/price-feed. Makes any sense?
Trading Levels with WRBs
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- #3,158
- Sep 26, 2014 11:56am Sep 26, 2014 11:56am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat
- #3,159
- Sep 26, 2014 12:20pm Sep 26, 2014 12:20pm
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Focus only on what truly matters!
- #3,160
- Sep 26, 2014 12:33pm Sep 26, 2014 12:33pm
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat