Recent content by 10pips

Good call postie I had hoped the rise up overnight rise up to 34170 would be sustained until US open but it started falling prior.

indices continues to show amazing strength, even ftse has now joined the party. almost a year ago, ftse struggled 6000, bounced 5500, it now trades 6900+ is this on course to see its all time high around 8000? dax/dow on the other hand racing each other ...

Good trading ranges so far since the year began . ftse keeps dragging its heel unable to push up like its counter-part dax and dow. dax printed weekly low at 14425 , only to be trading near its all time high , 14760, 330+ ftse weeky low was 6620 and trades 6730 now, , that current...

Dow now trades 32550+ , to be honest when Dow was trading under 5000 or 1000, 1pip was worth 1pip. Now that now trades 32550+, 3pip or even 5pip move is now equivalent to 1pip , if that makes sense. I tend to trade with smaller stop losses, i.e. 10pip, i wouldn't make it alive...

Everything is going up hey. Ftse was 6500 and is now 6700 Dow was 30900 now 31900 dax has been a beast, rising from 13950 is now 14500

whoever bought dow soon as 2021 started, at 30600 , would be now in 1100pts profit. mind you, it did dip to 29650 early Feb, -950pts

IG's monthly R1 sits at 31875, its now 31700

yesterday was a good opportunity to grab 200-300pips to downside on dow , considering it made LH on hourly. look at those indecision daily candles, this is telling me its wanting to rip higher; i've seen those kind of candles on smaller timeframe, only to see it continue its trend.

could possibly, buy the retrace for rest of this week to conclude the monthly bullish candles on these indices?

going long on dax would have worked well, but it all happened before could get to the desk, dropped 13800 around 6am .

13900 now. Surely a good buy for tomorrow onwards.

Dow fell without me, i got stopped out with -5pip. should have kept 31560 SL . targeting 31200, lowest was 31170. I didnt like the PA hence i reduced SL.

I've averaged in and closed my initial entry , new short 31550, SL 31555. Dont like this PA as i was expecting DOW to be at 31480 by now.

Hmm. When the panic mode fades away, these markets grind higher slowly but surely.

ftse and dax unable to sustain the up move and dropped aggressively this morning . DOW trades 31500 marker , range bound / weak . I've taken a short 31525, SL 31560