Bonsai - Just noticed you`ve changed your MACD on the first page. It looks OK to keep anybody on the right side of the market. I`ve only ever tried it on the D4F prices. After beating myself up after my first trade I am trying another one. Sold at 10.12 @ 30. Doing OK at the moment.
All the markets have now broken their long(ish) term lower tren-lines. I'm still expecting a wave C down, probably into mid-August or later. If there is another drop tommorrow as I expect, we should then see a bounce for 2-3 days.
despite the fall today, still not feeling particularly bearish.
from the high today it looks like an abc. as long as the opening
low is not broken on a 1 min basis we may yet have seen the start of a new rally.
I like your I minute FTSE 100 chart. However, I can I expand the coverage to more than I day. I know I shouldn't tinker but I like to see a few days history of support/resistance. I have tried to spot the reference in the code line to the amount of price history exposed. You can e-mail privately if you want too.
Thank you in advance for your time.
Ride 'em cowboy ?
Early Goat as it pulled back through important fib level.
Topped out where there was clear chart resistance and more fib country.
Did you see my comment about futures expiry ?. Always worth
keeping your eye on that level particularly as the only times
we had previously broken above it were both sharp spikes
followed by sell-offs. (or should that be sells-off?).