FTSE 100 intraday trading - JULY 2003

JeanM

Active member
116 3
Bonsai

Thanks very much for your reply and your words of advice.
My main problem lies between my ears! I'm working on it.
One problem I have is I try too hard to hit tops and bottoms, and if I miss them sit there like a rabbit in the headlights thinking I'm too late to get in when most of the time I'm not. Will persevere as I am determined to get there.
 

bonsai

Veteren member
4,106 11
why not try switching environments ?
what job do you really not like doing especially first thing in the morning.?
why not do it BECAUSE you don't like doing it ?
get into the habit of doing it ?
if you can overcome that resistance, then maybe it will help
to overcome 'not liking to trade' in case you're too late ?

we are not all natural traders , including me.
in case you want to know, its the left side of the brain that is the problem !
 

bonsai

Veteren member
4,106 11
somebody asked me about gaps earlier on.
this is the dot chart I work from and it covers the last 2 days.
It is a 2 min chart and shows up the gaps quite nicely.
.
 

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barjon

Legendary member
10,705 1,809
bonsai

wot an interesting chart - not seen dot charts before.
to save lengthy explanation do you know of a site to
learn about them?

good trading

jon
 

bonsai

Veteren member
4,106 11
sorry barjon can't help
but I expect some of the chart websites allow dotcharts as opposed to bars/lines/candles etc.
 

waqr

Active member
128 0
bonsai said:
somebody asked me about gaps earlier on.
this is the dot chart I work from and it covers the last 2 days.
It is a 2 min chart and shows up the gaps quite nicely.
.


You can't be serious bonsai.....................this is utter nonsense.
 

bonsai

Veteren member
4,106 11
Not much more to say about today than I have already posted.
Except to comment perhaps on the apparent support around 4130 ? and the refusal to make a new low.
Still worth keeping an eye on that channel line.
 

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bonsai

Veteren member
4,106 11
hmmm
just popped our head above the top line and had it
rejected.
not a good early morning sign.
that's the 4th time.
 

boy

Established member
552 3
im short from 37
 

sumathik

Junior member
31 1
hi bonsai/boy
sorry press the wrong button before trying the message.
fete short term chart from june i am getting the indication we are about to turn down? stochatics over 80 turning down
cci 140ish turning down only indicator macd not yet turned down

from 12/3 i counted wave1 and wave4 down from18/6 and we are in wave5from thw low 3964 .
and 38%wave3(594)+3964 4189 we have turned down.

does it make any sense??

are we about to test the lows?

thank you
 

bonsai

Veteren member
4,106 11
suma
trying to follow your count.
you think it was the end of 3 on 18/6 ?
if we are now in wave 5, we have not yet made a new high.

are you suggesting we have a failed 5th ?
 
 
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