minime69
Established member
- Messages
- 754
- Likes
- 25
yes i follow the cash times, 8.00-4.30
yes i follow the cash times, 8.00-4.30
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
I have amended to 7.00 - 22.00
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
I would advise caution
the chart i posted has solid support around that level.........
Knecktie= 20 & 50 MA converge!!!
and you have 200 MA right below it...........
I will be very surprised it gets taken out
tennisball
Well-known member
- Messages
- 262
- Likes
- 1
Thanks Minimi69 WS. I'll experiment with those two ranges.
minime69
Established member
- Messages
- 754
- Likes
- 25
but i'm not a technical trader, i trade more on price action and use 8.00-16.30 because thats my working hours.
your analysis as always makes convincing case, BUT im going to disagree with on this one, WS. have gone with my conviction and am short 3610.. and counting..
datav
Active member
- Messages
- 230
- Likes
- 9
time frame
I always have charts on 12.00 to 12.00 but it shouldnt make any difference to your charting if you set the open and close to the open and close of the market (for the FTSE future thats 8:00am to 9:00pm because there isnt any data outside those times.
Keep an eye on the 30 min chart. Yesterday was a good example.
I always have charts on 12.00 to 12.00 but it shouldnt make any difference to your charting if you set the open and close to the open and close of the market (for the FTSE future thats 8:00am to 9:00pm because there isnt any data outside those times.
Keep an eye on the 30 min chart. Yesterday was a good example.
Attachments
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
I would be a buyer at this level........
S&P futures touching 700...we could get a bounce!!
this is a virtual trade guys.........because I'm not trading but I need to do it in order to keep up with the situation in the market!!
long 3590..stop loss 3560!! target 3620!!
virtual trade only
S&P futures touching 700...we could get a bounce!!
this is a virtual trade guys.........because I'm not trading but I need to do it in order to keep up with the situation in the market!!
long 3590..stop loss 3560!! target 3620!!
virtual trade only
your analysis as always makes convincing case, BUT im going to disagree with on this one, WS. have gone with my conviction and am short 3610.. and counting..
I think that you are right. I am short at 3598 from 0857.
You picked a good spot to enter. I came on late, this morning.
fraggermcg
Member
- Messages
- 70
- Likes
- 0
There's a load of euro-zone data out at 10am, could see that giving conviction to the market one way or the other, before the US opens.
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
your analysis as always makes convincing case, BUT im going to disagree with on this one, WS. have gone with my conviction and am short 3610.. and counting..
thank you my friend......
and well done with your trade!!
Always do your own analysis, as the following example will show you it can be prosperous...haha!!
OH well its recaptured 3600 now....have you taken profit!!
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
I could have taken 15 points profit now if I were trading.......
cant wait to start trading next week again
Chelski
Well-known member
- Messages
- 487
- Likes
- 5
Wallstreet, Nice Channel forming here. Also re your kneck tie, second chart has Dragonfly Doji on .5 fib level from yesterdays range, add in Hidden Bullish Divergence, Good for the long trade.
As i type we are retesting the channel! Take those points when they are there!
Attachments
stopped out at 3595. still ok start to the day..
i still think overall will fall, but took some profit whilst it was there..
fraggermcg
Member
- Messages
- 70
- Likes
- 0
No conviction, data all in line.
tennisball
Well-known member
- Messages
- 262
- Likes
- 1
Its great having the interent - I can goof around while the market is lying on its back in a coma
Similar threads
- Locked
