Recent content by smccreedy

Hi amylee google for a programme called bracket trader that plugs in to IB it manages all your orders for you

Hi A quick questions that I hope someone might be able to help me with. Do you pay stamp duty at 0.5% on share purchases when you buy and sell on the same day? Someone told me you don't but I'm getting billed for it at IB. Stephen

That long didn't last for long! I guess as they say when the last bear turns positive it's the time to sell so I reckon I should have second guessed myself! I wonder how deep the fall will be or if we'll be pushing the highs again soon. it is May though and there is a lot of profit to be...

Low at 528 compared to my predicted support at 525. I just wish I'd waited for a better entry price. It looks like previous resistance has turned to support and for now at least buying dips whilst above this level with stops beneath would look like a good idea. This reminds me something that I...

I would think downside would be capped at 425 which acted as resistance when we traded sideways last month. It's a tough one to call but for me if there was a dip to around 20 points below where we are now before or just after the meeting I would be buying (as long as the BoE don't raise .5%...

I reckon anything below 470 and above 430 (Jun Fut) is no man's land before the BoE meeting this afternoon, don't think you can read too much in to any moves in this zone.

It seems reluctant to go higher but often some of the more vicious turn arounds are. They like to sulk around the lows for a bit to get weak bulls shaken out and a few bears on board. That is my hope anyhow, still I reckon as long as it stays above 6525 region (Fut) then it would be right to...

May I venture to say that this could be a good time to buy the FTSE if you believe the longer term rally can keep going. It seems to be that around 6550 (Jun Fut) might act as support. I am buying the Fut here with a 30 point stop and a target of back up to the highs. My first longer viewed...

A little off topic but anyone got a good source for historical futures data, only want daily ohlc for Ym, ES, NQ and FTSE. Just to simply test some eod system ideas I have. Thanks Stephen McCreedy

Good work Dinos, I got long earlier and after getting beaten up a little last week was a little eager to bank my profit. Could still be holding it now as signals I use haven't come close to getting bearish. Still slow and steady is what I need, blew up a little last week. I tend to follow a...

Just got out my long at 13,337 Jun Fut 40 region is looking lik resistance although no reason to think it can't be overcome in the end I got nervy and took a profit.

Hi lurker It can be useful to have a daily bias ie only long or only short based on a longer term indicator maybe a ema on the hourly or daily chart. It is important though that you also put in a daily bias line that you don't contrevene! The reason I say this is that I used to use a daily...

I am flat with an order to short below the low of the day and to buy around ten points higher than where we are now, we'll see which way it wants to push. My aim for this week it to try and only enter the market on stops, I did it for a period before and it worked well. Basically you are only...

Hi demontaz when you say you use MACD for entry and exit in what way do you mean? Do you look for divergence or literally buy on a cross from low level up and sell on a cross from high level down. Ste

My intention was to keep this one going but I'm open minded to other people's suggestions. Hope everyone had a good BH weekend. Back to business. I shorted the FTSE(Jun Fut) around 6600 and exited around 11 points in profit. I'm trying to be more discerning this week with my entries and aim...