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

[rezadamus]

I am long at 4467 - what is your target?

stop still at 65...i went in at 67 (2 point stop!)

 

[rezadamus]

closed all evertyhing 4478...daly P&L= 10.5+11+8=29.5 points so far...

 

[papak]

papak,

I agree with you 100%, the problem is however that i do not have a job and this is my job and so i have to make it work. Scalping has worked well for me and i earn my living from it. I am just saying what happens when i do try to go for bigger moves which honestly i can not afford with my account to give others an idea of what happens to me when i make such mistakes so that they too can learn from my mistakes.

if scalping works for you than thats great, I respect that 😎

 

[kaisen]

closed all evertyhing 4478...daly P&L= 10.5+11+8=29.5 points so far...

Well done my man! I was looking at the same target but doubted we would get there. I also felt we may bobble about and i could maybe get a second entry. Never mind.

🙂

 

[zoo]

closed all evertyhing 4478...daly P&L= 10.5+11+8=29.5 points so far...

Are you doing this for a living Rez? How many £s per point do you do?

 

[lapalabra]

who here trades full time?

I do, for how much longer I'm not sure 😕

 

[zoo]

I do, for how much longer I'm not sure 😕

Just interested in how many £s per point you did as well, in order to make a living. I 'm nowhere near being able to do this full time - its a very difficult game, messes with your mind!

 

[cadoganpier]

think I will go short when we get to 4882

 

[dr.blix]

who here trades full time?

here hare here...

...here hare here!


🙂lol: Withnail and I)

 

[cadoganpier]

short 4883

 

[cadoganpier]

looking for a quick scalp though I am not so sure now............

 

[cadoganpier]

out at 4478 + 4

 

[SuddenDeath]

Has anyone seen Dr Blix today ?

RSI/Stoch 5 gave a buy signal today at 11.40am 4468

 

[kaisen]

Has anyone seen Dr Blix today ?

RSI/Stoch 5 gave a buy signal today at 11.40am 4468

Hi SD, i used the stoch divergence for an entry around that time - got in at 4467🙂

 

[pentlow1]

Has anyone seen Dr Blix today ?

RSI/Stoch 5 gave a buy signal today at 11.40am 4468

Im sure you have gone through this before, but for the likes of dullards like me can you explain how this showed a buy signal On what TF etc. Many thanks.

 

[papak]

papak,

I agree with you 100%, the problem is however that i do not have a job and this is my job and so i have to make it work. Scalping has worked well for me and i earn my living from it. I am just saying what happens when i do try to go for bigger moves which honestly i can not afford with my account to give others an idea of what happens to me when i make such mistakes so that they too can learn from my mistakes.

Hi Ian, still what I dont understand is this:
If you make a living from scalping then I assume you must trade more than $1 p/p.
So if you normally trade let's say 5 p/p why dont you trade 1 p/p for swing trades? This way you can have 50 points stop instead of 10 points on a scalp, and still risk the same money?

 

[SuddenDeath]

on 10min chart, at 11.40 stochastic(5 period) went below...

Im sure you have gone through this before, but for the likes of dullards like me can you explain how this showed a buy signal On what TF etc. Many thanks.

..the 20 trigger level, at the same time the RSI (period 5) was above the 35 reading needed to give a valid buy signal (the higher the stronger the buy signal)

Kaisen glad it worked for you.

Morgan Stanley just reported bad(expected) numbers FTSE tanked

 

[cadoganpier]

Wtf?

 

[cadoganpier]

Long at 4460

 

[woolley]

Hi Ian, still what I dont understand is this:
If you make a living from scalping then I assume you must trade more than $1 p/p.
So if you normally trade let's say 5 p/p why dont you trade 1 p/p for swing trades? This way you can have 50 points stop instead of 10 points on a scalp, and still risk the same money?

Good morning
I am Not making a living scalping are you making a living swing trading? where can I find /read more about it ?