Recent content by Melb

As is pretty much any oscillator - Have to be careful with over bought and over sold conditions in their own rights though... Many times the oscillator will indicate strongly that a price is over bought/sold only for the price to hit new highs/lows :D Of course one tactic that is *very*...

Hasn't triggered and strong move south - have cancelled my pending in favour of some more sleep :cheesy:

I have taken it as the other side of resistance if it triggers!

From 22:00 last night there has been a clear fall off causing the ma to turn... I stayed out although longer timeframes look good you would be trading with targets last seen several months ago.... Possible but for a high risk trade when I won't be around to manage it...

Looks like NT has triggered for those brave (not me) - good luck guys :D

Do not like the look of NT setup today - rules say clear BUY - but look where we are trading into and looking at shorter timeframes suggests reversal... And crossing of the MA is bearish... What to do? Enter Anti NT? I think I will stay out (cannot manage the trade today so would have to be...

They added 0.5.... Even though it was just nudging 285... :mad:

Was so tempted to catch the early move - but am testing NT so held off 285 is my entry - keeps nudging it but still not filled!!! I am sure IG are waiting for a fast move so they can add some slippage...

Few Rum n Cokes for me - that will put me in good stead a few hours from now - now how many ma's were there? :D

Watch out for the US adjusted retail sales (less autos) release at 13:30 - if there is deviation from expected there will be a strong move.... Could be good - Could be bad! Also adjusted retail food and service AND US import price index all out the same time.. :D

Except you would be paying the spread again - closing one side of the spread - opening the other... :D

Send an email to [email protected] with ebook as the title...

Stuck to strict NT today and thanks to IG 0.6 slippage on entry - my stop was 0.6 higher also... Just clipped the stop (dipped 0.2 below my stop) before rising... So -30 captured almost perfectly.... :mad: Shame I didn't hit the red instead of the blue! 0.6 made a big difference today....

Ah! That would be TDNT (Time Delay Net Trap)... :cheesy:

Am out for -30 @15195.6 - literally 1 second before price jumps north :mad: