Message For Ftse Traders......

[Dentalfloss]

an interesting chart.dow could be bottoming out
box size is !%.log box calculation.eod.1 box reversal.a couple of upward "X" s have been prineted from the bottom
the trend is still down,but momentum downward is slowing

 

[Dentalfloss]

trannies also showing the same sort of formation

 

[wallstreet1928]

Phew!!

some intense analysis there my friend...........

my analysis is much more basic but well done to you, if your plan is working then thats all that matters

 

[wallstreet1928]

a lot of earnings reports next week.which are the important ones.?

YouTube - inthemoneystocks's Channel

check this vidoe out dentist and you should get your answer?

 

[mEmmerrr]

Is there any youtube channels giving daily reports / analysis for the 100?

Cheers

 

[Chelski]

Anyone out there?
Just took this short for 21 points. Going out for the rest of the day so nice when it happens! Good luck everyone for the rest of the day.

 

[fast trader7]

Anyone out there?
Just took this short for 21 points. Going out for the rest of the day so nice when it happens! Good luck everyone for the rest of the day.

Hello mate,
21 points today? Do you think i like you anymore?!!!

 

[alliantce]

Today 50 points exactly with 4 longs and 3 shorts.

Long opens @ 9:10am, 9:36am, 12:45pm, and 2:10pm.
Short opens @ 9:23am, 10:19am, and 1:48pm

A lot of hard work but 7 out of 7. Done for the day!

 

[Dentalfloss]

great work
enoy the money allian

 

[Dentalfloss]

narrow range so far.anybody done anyfink.?

 

[Chelski]

narrow range so far.anybody done anyfink.?

Dentist, i was just about to comment on th range. 4190 ish seems to be supporting, beneath that a small ledge at 4185. Can't se any trade until there for a short. Long needs to have a go at yestyerdays high first.

 

[Dentalfloss]

agreed

 

[Chelski]

I hope you all got in on that short, i was away from my desk!

 

[Dentalfloss]

got it

 

[Chelski]

What was your entry and exit (if out) I was looking a 4185 or so and would have come out if the double bottom held.
Nice trade Dentist

 

[Dentalfloss]

4184 enry and 4165 exit.these might ot be apparent on a candlestick chart.my setp is 4points by 3 reversal on a tick chart for the trend.3 points by 3 for signals and 2 by 3 for entries and exits
all i am doing is taking the trade when all 3 show the same signal

 

[Dentalfloss]

dow bullish on the hourly

 

[Dentalfloss]

chelski: this is how the 4 by 3 looked today.you can see the area defined quite clearly.this is the trend chart

 

[Dentalfloss]

here is the chart for 3 by 3 .tick data.i put on a 4 ema and 11 bolli/ema.i only look at these for divergence.bolis/looking at the shape.if its choppy,i wait for consecutive ,either bullish or bearish signals.you trade less ,but a higher strike rate

 

[Dentalfloss]

finally,the 2 by 3 .tick data.on most charting packages ,you only get 2 days of tick data.these are enough for timing the trades.the ema is calculated from the mid point of each column as against the close on candles.same with bollis/from the mid point.
you can see that as you decrease the box size that the charts get wider