Day Trading & Forex Forum

wallstreet1928

Hello guys,

After receiving several emails and private messages I have decided to create a separate thread for all those interested in my analysis and live calls that I make for my own trades.

I have been thinking about it for a few days now but I didn't want to sound arrogant and proud by creating my own thread. I have thought long and hard and decided after the hate messages I received and after speaking to a few people it was the best idea.

I have decided on this for a number of reasons.

1. I felt that I was over congesting and taking over the previous thread and I may have upset a few people hence the reason why I think I received some nasty private messages.

2. I have been asked by several people for help and I think it is pertinent for me to set up a different thread to help them.

3. This will help the previous thread flow better without any Newbies asking questions in between posts, well I certainly hope so.

4. Everybody will be more than welcome on my thread without any patronising answers or replies. I feel that no one is endowed with knowledge, we all have to go through the tedious process of acquiring it.

5. My own thread will act as a journal for my trades, just so that I can go back and monitor to see what I did wrong and prevent it happening again.

I have sincerely enjoyed being on this thread and will try to keep in touch with people and post now and again.

thank you for your understanding

The view published here is my own, based on my own technical analysis. It is not intended as investment advice; what you do with it is entirely your choice.

Everybody is welcome on my thread and i will be happy to greet everyone

So lets start to post some charts and analysis for Monday now guys .......

and

__________________
you trade at your own risk,
always do your own analysis before you trade

I don't claim to be an expert, but you are more than welcome to join me and share your analysis in order to learn from one another;
http://www.trade2win.com/boards/uk-i...w-traders.html

wallstreet1928

I just need to stress this again my friends,

The view published here is my own, based on my own technical analysis. It is not intended as investment advice; what you do with it is entirely your choice.


you trade at your won risk

and always, always do your own analysis

because, that's the only way you are going to learn

__________________
you trade at your own risk,
always do your own analysis before you trade

I don't claim to be an expert, but you are more than welcome to join me and share your analysis in order to learn from one another;
http://www.trade2win.com/boards/uk-i...w-traders.html

wallstreet1928

Okay just getting ready to watch

New Zealand V India ODI international cricket match, sky sports 01.00am....

I love cricket........

busy doing analysis in the meantime

__________________
you trade at your own risk,
always do your own analysis before you trade

I don't claim to be an expert, but you are more than welcome to join me and share your analysis in order to learn from one another;
http://www.trade2win.com/boards/uk-i...w-traders.html

kitejedi

Hi Aadil,
Great idea and I look forward to watching this thread develop. Anyone sending you hatemail is missing the point IMO. Just to start the thread off here are some views I have. As you know we trade on different tf's but I am currently long FTSE from 3510 and looking to go long S&P @ 701. My targets are 3660 FTSE and 725 S&P intially but am looking at a possible 3900+ FTSE before we see the final Wave 5 to 3290. I am still a bear but wearing a bull's horns for a few days!! Analysis is a mix of MP, my amateur's understanding of Elliott Wave and Price Action, S/R etc, and Sir William's teaching...
Happy trading
Rob

vchohan

Hey WS
Nice to see you creating your own thread but didn't see what was wrong in posting in the FTSE traders thread, however, you've made the call on that and it's prob best.

Anyways been out of the forums for two days for personal reasons. I'm back now and posting again.

I've sort of changed my approach to trading the FTSE going to be more patient and sitting on the sidelines more often trading major support and resistence lines, as well as, learning and using trend lines on the way.

I've set an order for the break of a resistence (3600) and break of support (3470) using the Iii data.
I would be long to the next resistence or short for a 20point profit just to see if my technical analysis is somewhat correct.

I've set stop loss at a 20 point distance from my entry.

Wish I had the time to watch the markets during the day so I could trade intra-day but can't as I'm at work counting everyone elses cash.

Viks

vchohan

Hey Rob,

Who you doing this weekend? How your trading this week go?
Using a smaller time frame on the basis of support and resistence lines from 1hr to 5min charts I'm looking to enter a long position at 3610 profit at 3650 20point stop loss or short 3460 profit at 3440 stop loss 20 points again. This is mainly to see whether my analysis is correct.

Hope we get a break either way!

P.S. Forgive my ignornace but who's Sir William?

Viks

wallstreet1928

I am glad you have posted on here, i was going to ring you on the morrow.

I was talking to Sir William last night just after the market closed and we were witnessing a massive reversal on all indices......I asked him how you were because I didn't see any of your posts, he told me you were doing well and experimenting on longer time frames.

I intend to do longer time frames too eventually as scalping can be quiet mentally draining and hard work although very rewarding. I work from home and it allows me to day trade ..........

Glad to hear from you my friend and thank you for the encouragement

Oh and by the way I have been invited to Sir Williams next course and I hopefully intend on doing some teaching/learning hopefully, just need to get some material together and see if it will really help the Newbies. I can't give them my trading programme as it depends on the programmer to get good results and i for one will testify I am a crazy trader, just look at my trades on friday and they will testify!! haha.....

__________________
you trade at your own risk,
always do your own analysis before you trade

I don't claim to be an expert, but you are more than welcome to join me and share your analysis in order to learn from one another;
http://www.trade2win.com/boards/uk-i...w-traders.html

kitejedi

Hi Viks,
It's been a good week after a very bad start!! As I see it we are in for a choppy week ahead. Trend is still down but I think we'll see a correction. As I think I said to you before I only trade 1H and above so I'm not too clued up on the lower TF's. The key for me is the fib level the Dow has reached, coupled with the double bottom on the Dax from 2003 - add an (albeit) weak pin bar on the S&P and it's all looking quite bullish (short term) to me. Friday taught me quite a few lessons about psychology seeing a 85 tick profit turn into a 40 tick loss and then back into a 50 tick profit. To find out more about William have a look at Trading for Wealth - W. Robinson.
Bye for now
Rob