although if SPX can test 1517 cash you could get more
Dinos
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Cash
Bug, bag on the trend is your friend
Interesting permutation this one, the "last" stochastic as mentioned NKruger set at 39,1,1, gives an excellent entry/exit point, by using ema8 & ma10, you get the same, might be worth looking into to build up a range of accumulating confirmation indicators
Bug, bag on the trend is your friend
Interesting permutation this one, the "last" stochastic as mentioned NKruger set at 39,1,1, gives an excellent entry/exit point, by using ema8 & ma10, you get the same, might be worth looking into to build up a range of accumulating confirmation indicators
Ahh, very useful, thanks for that.
I forgot to add my main signal is going long when it hits around or below the lower bollinger band and exit towards the upper bollinger depending if %k %d is crossing on a couple of time frames. I'm not brave enough short the reversal even though it appears I would have done ok today, however I don't want to push against the underlying trend.
firewalker99
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long 13575 fut
Atilla
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Too right. Got stopped out.
Once I get the pips in I become more of a risk taker. I think I have to become more risk averse.
I'm now seeing a possible double top reversal on 5 min charts.
Feel like the penny has dopped and looking at the charts purely for direction. Still heartened by 450 holding. Bodes well for longs.
LL, I use CMC and always use Cash calls.
US30 Index Dec 07 Q Bet - not available
US30 Index Jun 07 Q Bet - +2 point difference
US30 Index Sep 07 Q Bet - +31 point difference
Is there any advantage or benefit to using these Future calls?
brutusdog
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Do you have that support due to fib retracement / MA or the trend line?i have it at 445. not sure about the target though havent worked it out yet too busy..
firewalker99
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stopped out -10
bit of a bad entry there... too hasty, stupid!
net 40 for the day
see you all tomorrow...
brutusdog
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have it as horzontal line through tops and bottoms, hope that helps, dont really understand the fib stuff, brain too small...
firewalker99
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good trade I think
pretty sure my long would've turn out okay
bit of self-reflecting there for me: I entered prematurely because I missed my previous long because I was looking at t2w... then I shifted my entry 5 points higher up when price came back 30min later 'cos I didn't want to miss it again. Conclusion: bit of frustration... solution: should've waited for perfect entry price, or shifted stop 5 points wider equally
Atilla
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I'd agree with the 450 level Dinos. Certainly left 400 behind.
Although I will not be trading again tonight I have a inkling this is still going past 470 tonight. Don't wish to risk any further pips.
