Recent content by Stevegclarke

Thankyou very much very helpful. So I guess intraday you could use the same princible on say a weekly chart ?

Hi all could anyone give me any advice on how to plot S/R on a intra day chart ? eg would you use a weekly chart say 4 hours? then 10 mins for trading? I have been using pivot points with some success but thing S/R lines look a bit more accurate. Also if there is anyone that use pivot points...

Hi all, dose anybody trade the ftse using pivot points? I use cmc markets and there uk 100 index any feedback and suggestions would be greatly appreaciated, thankyou.

Hi all I live in Perth aussie and find trading uk suits me as the market opens 3pm as I work early and am home befor market opens. I realise forx trades 24 hours, but for example would GBP/USD open same time as the ftse? I like the idea of pivot points so need to know opening times so I can...

Hi all, could anybody please explain to me what 'fair value' means and it can be used as a indicater? I have seen it on cnn pre market. Thankyou.

Oh ok, on cmc the dow 30 I have noticed will rally up or down in the direction of the dow on open. Is this just a coincedience ?

Yes sorry the very start I ment for the first 5 - 10 mins or so it seems not to risky if you know if it will open up or down.

Hi all has anyone herd of just trading the dow open ? it looks good profits can be made if your quick. Also low risk if your not to gready. The first few minutes move a lot iv seen 50 point pluss ?

Hi all, Could anybody please tell me if the us 30 follows the dow during us trading ? e.g. If the dow falls on open dose the us 30?

Hi all I have just started trading indexs on cmc markets. I understand a lot of people say never trade the open of the dow. Why is this, it seems if you get in quick, this is the most volitile time and good profits could be made. Any feedback would be greatly accepted thankyou. Happy trading...