Whatever the mind can conceive, the mind can believe, the mind can achieve.
Carpe diem: Intraday tactics for Dax and Dow
- #4,543
- Jan 23, 2015 2:31am Jan 23, 2015 2:31am
- Joined Oct 2010 | Status: Trader | 5,442 Posts
{quote} tp hit. +30
The master of the London open break out! Allow me, for those who may be interested, to show everyone exactly how he gets these ( I think Deltaone will agree with me?) as I don't think anyone has ever asked him. Here is my 1 min chart. The 100sma, 200ema, and 200sma are all supporting the price, which means the odds that the price will rise are heavily in your favour. Wait for an aggressive little push down towards any one of these MAs, and be ready to enter as soon as you see a signal from a candle, which in this case was the hammer you see just before the arrow. Thousands of other traders will also see this, and will be buying instantly. It doesn't always work of course, but it will more often than not, especially when you are trading with the momentum in your favour.
- #4,546
- Jan 23, 2015 2:36am Jan 23, 2015 2:36am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
"wait for me draghi, we´ll meet in the sky by money and magic i am sworn
dax is calling! we cannot be denied fly to the blackness of the storm
we must BUY to be reborn!"
dax is calling! we cannot be denied fly to the blackness of the storm
we must BUY to be reborn!"
fortis fortuna adiuvat
- #4,548
- Jan 23, 2015 2:38am Jan 23, 2015 2:38am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
{quote}
thanks!
fortis fortuna adiuvat
- #4,551
- Jan 23, 2015 2:48am Jan 23, 2015 2:48am
- Joined Oct 2010 | Status: Trader | 5,442 Posts
{quote} hi cat, thanks!
- #4,552
- Jan 23, 2015 2:50am Jan 23, 2015 2:50am
{quote} The thing is, the choppiness around the London open puts a lot of people off getting into the market, but as many people know, this is one of the best times to trade. Today was no exception - there was no reason technically that the price was going to fall, so one just had to wait to pick the right moment. Your entry hit the bulls eye, though I have to say that I find your 30 pip rule, when it is flying with no visible resistance difficult to fathom - you could have had 100 pips there - why not let it run when it is this strong?? You could,...
In the tempest of a fast moving market; not everyone is happy.
- #4,553
- Jan 23, 2015 2:55am Jan 23, 2015 2:55am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat
