Recent content by techst

For what its worth Richy, I think this is a really interesting question. How can the FTSE have support a level X if level X made up of 100 different stocks? Are we giving to much respect to technical analysis with regards to indices? I really do not pay to much attention to exact levels on...

Come into my trading Room - Elder New Trading for a Living - Elder Sell and Sell Short - Elder Elder, Elder, Elder basically

Hi peeps I'm still alive and trading, just thought I'd bump my old thread and prehaps post some charts if I get some response :thumbsup:

Yeah TCG was 116.30 bid when i wrote that quick reply on here, returned to the quote screen and it was down to 114 already :) If you go study that chart, it's a really clear example of the majority being caught/trapped on the wrong side. I wish I was that good all the time! haha. I'm trying...

Thomas Cook Group is in and around the areas for shorts that i like. Had a false upside breakout 2 days ago, then large downward move yesterday on nearly triple average volume. :)

Morning Rex, By good i guess you mean good for going Long. I like this chart if only for a short move back to the recent 2350 area. It now has a recent trendline touch on its short term movement. The overall market is starting to rebound a little so it's inline with the broader market movement...

Hi Rex, I don't use an indicator for the general market but I do complete review and analysis on the FTSE100, 250 and DJIA and the S&P 500. I do this weekly, looking at the Daily and Weekly charts seeing where we are in the markets current movement. I'll spend a good few hours at the weekend...

Drax Trades Nice to hear from you Rex been a long time since we were both active here. Hopefully some fellow swing traders will join us and come out of the woodwork. Posting some of their ideas, thoughts and trades. I may find a better way to display my charts as the PDF appears to be blurred...

The Return Hello, Gonna bump up my ole thread from years ago. Yeah, I'm still trading and gonna share some stuff on swing trading again.

Just thought I'd cap this off. I have been thinking about the role luck plays in trading results, and I can agree with the above examples of Dan Zanger and Tim Sykes. After just reading Tims book, I realised that people can just get lucky by finding a niche a small pattern repeating it and...

"Do you happen to hold positions in any of these stocks? " exactly what I was thinking! lol

Hi Rex, hope your well. Hmmm.. I wonder where you got those moving averages from.lol Sometimes It's good to take some time out of the market to get some rest, I did that last year for 2 months, distance = perspective. NG - It very nice clean chart, with good bars, which lends it self to my...

I can't see why this is so important to you, so I might leave it there.

Hello there, I would suggest reading The Way of the Turtle by Curtis Faith. When you say 'trust' what do you mean? You haven't given the turtles your money have you? Trust yourself. The systems they used aren't holy grails, they're actually quite simple. Consistently executing a system is the...

Still Trading Well, I haven't posted here for a while and I see looking back, this thread was quite sucessful. I'm now managing a private account with a profit split, a mini-hedge fund if you will. I'm still using the same technical and indicators and nothing much has changed in this...