Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[rezadamus]

shorted ftse at 4068- 10 points stop...proabably a bad trade since its approaching an overbought region (draw bollinger on 10 minute chart)...

 

[rezadamus]

shorted ftse at 4068- 10 points stop...proabably a bad trade since its approaching an overbought region (draw bollinger on 10 minute chart)...

apologies...oversold, rather

 

[rezadamus]

apologies...oversold, rather

closed for 10 points profit

 

[rezadamus]

went short at 4067.8 10 point stop..

 

[rezadamus]

went short at 4067.8 10 point stop..

stopped out at -10...noone is and no system is infallibale!

 

[rezadamus]

short FTSE again at 4077 ...10 points

 

[francisfinley]

all my trades are low risk- all my stops now are 10 points max, and if I make 4 losses in a day, I won't trade for 2 days...the reason why I only take 10 points is because, well, I'd rather have 10 points than none, simple as that. I bag my profits where many traders let a trade ride and go for the kill, many don't even move their stops to break even and let a good profit move to a loss! (Awful)...I look at a large move and take chucks of that move bit by bit....I personally feel that the FTSE will drop, BIG TIME!

My accumulation of positions is something I would NOT recommend to all traders, you need skill, money management, conviction that your trades are in the right direction, and BALLS!...Yes sometimes I max my trading limit, but thats only because I firmly believe it's worth it.

Finally, I keep my analysis simple. I have reverted from some very "sophisticated" technical/fundamental analysis to this, and this has been very profitable.

But then again, it could all blow up tomorw!

word up rezza!!!

 

[rezadamus]

short FTSE again at 4077 ...10 points

i will close this trade is it reaches 4085.8

 

[stefan10]

can someone pls explain why the advfn live price for the dow seems to have a 1-3 point diffrence from the igindex live chart ? thhanks

 

[rezadamus]

i will close this trade is it reaches 4085.8

closed at break even....could have taken 3 points when it was in profit, but was well worth giving it a chance. Anyway, no harm done

 

[rezadamus]

shorted ftse at 4102, and will close it if it breaks the 20 MA line on the 1hour chart

 

[rezadamus]

shorted ftse at 4102, and will close it if it breaks the 20 MA line on the 1hour chart

closed, lost 8 points

 

[cadoganpier]

shorted at 4099, 10 point stop

 

[rezadamus]

shorted at 4099, 10 point stop

I went short at 4105.8

 

[cadoganpier]

just now?

 

[rezadamus]

I went short at 4105.8

got stopped out at break even

 

[dawntrader1]

we flying again today???

 

[cadoganpier]

just got stopped out -10 first loss of the day oh well! I thought it was going to struggle to get past 4100 seems to be off and running now

 

[rezadamus]

shorted again at 4106 and 4105.8

 

[rezadamus]

shorted again at 4106 and 4105.8

argh! stopped again at break even!!!!