Marc Rivalland - Swing Trading

This is a discussion on Marc Rivalland - Swing Trading within the Swing & Position Trading forums, part of the Methods category; This thread hasn't been posted on for a while, but the question is still valid for people still thinking about ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jan 24, 2005, 8:43pm   #9
 
danfreek's Avatar
Joined Jan 2005
This thread hasn't been posted on for a while, but the question is still valid for people still thinking about getting the book.

I got Marc's book a while back and then went on one of his seminars. It was very good and I definitely learned a lot from him. I had quite a bit of success trading DOW component shares. Marc doesn't use the techniques intraday himself and doesn't make any promises for their performance in this timeframe. Someone else on the seminar had tried the technique intraday and said that they worked quite well but that they hadn't been using them very long.

I would definitely recommend the book.
danfreek is offline   Reply With Quote
Old Jan 25, 2005, 12:09pm   #10
 
bbmac's Avatar
Joined Jan 2003
Marc attended one of the london T2W traders meetings in March last year. He made some useful contributions and was obviously very knowledgable.
__________________
I can stand the despair - it's the hope I can't manage (John Cleese - Clockwork.)
bbmac is offline   Reply With Quote
Old Jan 26, 2005, 1:57pm   #11
Joined Feb 2002
I have been using Marc's techniques for over a year, mostly on FTSE100, sometimes on DJIA. Trading these following most of his rules is giving me a profitable and steady 60-65% success rate. But I feel from post mortems after trades that a more disciplined use of his rules than mine to date would raise this figure.
tomorton is offline   Reply With Quote
Old Jan 26, 2005, 2:09pm   #12
 
danfreek's Avatar
Joined Jan 2005
tomorton,

I have just started trading the FTSE, is it just my imagination that we had a continuation of trend signal yesturday at 4796.5. I got in there and I'm currently running a decent profit, although at the time of writing today is threatening to form a doji, although it is dangerous to predict candles before they actually form.

Anyway, I was just wondering if you were in the trade as well, or if the whole signal was my imagination. There's no help from Marc's website as he last updated on the 21st, and that was before the signal.
danfreek is offline   Reply With Quote
Old Jan 26, 2005, 4:07pm   #13
 
barjon's Avatar
Joined May 2003
Quote:
Originally Posted by danfreek
tomorton,

I have just started trading the FTSE, is it just my imagination that we had a continuation of trend signal yesturday at 4796.5. I got in there and I'm currently running a decent profit, although at the time of writing today is threatening to form a doji, although it is dangerous to predict candles before they actually form.

Anyway, I was just wondering if you were in the trade as well, or if the whole signal was my imagination. There's no help from Marc's website as he last updated on the 21st, and that was before the signal.
danfreek

This is my take. The last swing low looked a bit suspect at the time in view of the messy action - it's not looking too bad now, but we do need to make a new high.

good trading

jon

ps: some of the text boxes seem to have got shifted over a bit as it whizzed through the ether, but I think it's clear enough.
Attached Thumbnails
ftseswing.gif  
barjon is offline   Reply With Quote
Old Jan 26, 2005, 7:18pm   #14
 
danfreek's Avatar
Joined Jan 2005
Quote:
Originally Posted by barjon
danfreek

This is my take. The last swing low looked a bit suspect at the time in view of the messy action - it's not looking too bad now, but we do need to make a new high.

good trading

jon

ps: some of the text boxes seem to have got shifted over a bit as it whizzed through the ether, but I think it's clear enough.
Cheers Barjon,

So I was right about the swing low. That's reassuring, the doji today (It did turn out to be a doji in the end) is going to make me a bit more cautious about the continuation of the trend, although this is just a personal thing as I like to integrate candles into any trading method. As you said though, I would like to see a new high breaking the 4855 level as this looks like important resistance on both the weekly and daily charts. Maybe today's doji was just a pause for consolidation before making the push into new highs? I will be watching the markets tomorrow for sure.

As I am sure you can tell, I still have a lot to learn.
danfreek is offline   Reply With Quote
Old Jan 26, 2005, 8:38pm   #15
Joined Nov 2001
OK, Iíve just had a look at Marc Rivallandís website: hereís what heís saying about UKX right now:

1. Current trend - Up since breach of 4756 on 22.12.04.

2. Last signal - 22.12.04 Change of trend signal on breach of 4756.

3. Point at which trend will change - 4674.

Iíve attached some swing charts (oneís on a black and the other on a colour printing background) and in my opinion these charts are a fair representation of what Mr. Rivalland was looking at at the time he made his ďcallĒ on FTSE.

So, I agree with Mr Rivalland and it seems to me that the trend is UP, although all errors and omissions, etc are entirely my own.

HTH

Cheers

Mayfly
Attached Thumbnails
ftse-100_mr_swing_bb.png   ftse-100_mr_swing_cb.png  
__________________
Life is for living, if only for a day.
Mayfly is offline   Reply With Quote
Old Jan 27, 2005, 9:36am   #16
 
danfreek's Avatar
Joined Jan 2005
I do know that Marc uses Updata, so he probably was looking at very similar charts to the ones you show. I've moved my stop to entry and I'm watching todays action following on from yesturdays doji to see if it was consolidation or reversal.

Cheers for all your help guys.
danfreek is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Unlocking The Profits Of The New Swing Swing chart Method freely The Foyer 6 Sep 2, 2009 7:08pm
Marc Rivalland leovirgo Educational Resources 1 Sep 8, 2005 2:24pm
Gann/Rivalland swing trading beartrap Swing & Position Trading 9 Jan 25, 2004 3:00pm
swing trading/rivalland dentist007 Home Trader 2 Nov 1, 2003 6:25pm
Swing Trading by Rivalland Helenqu Educational Resources 23 Jun 9, 2003 9:37pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)