wont keep preaching it but key suport levels from MA's that are pointng up...in an up trend!.. are high probability trades...GL every one...well done those that tok 600L...and those that caught the drop to of course
right m done too took a few more pips..thats 110 ish on here today and clear board...will keep an eye out for price divergence for another potencial entry short or a long off the uptrend MA's...if not hey ho...have a wonderful Easter
all im saying is that blue button trades off stong support areas with things like MA's pointng up shouldnt be ignored thats all :-).....look im certainly not making wild pridictions of a massive bull run lol :-)
well done ann with your trades!...long may it continue......re bias confirmation trust me im 100 percent netral and atm not holding anything so not looking for any confirmation here :-)
hi Steve hope you are well...very rarely...i tend to have an area in sight that if need be i will close manually but most times i will trade aound, average and trim positions if need be....for me it all depends on where we are price wise in terms off the charts and the size of the positions im placing.....i also always consider if im placing positions with or against the trend and the risk associated with each trade..i work really hard on my entries so im lucky im not often in bother...but if i take a trade aganst the trend for a short pullback in an uptrend for example i wont hesitate to ***it very quickly as id rather have a clean board than have the grief...all the best
i still see upside should have held one of my long entries this moring...there is no reason why with good numbers from the US it doesnt make the DOW look for strong res @900ish which to my eye correlation speaking would put the FTSE back around 650 ish...atm and i mean near term there is no catalyst for a major drop...from a TA pesective the FTSE still in up trend albeit that it has flattened slightly and the DOW has refused to break major support again @34200 ish...I look forward to all the thumbs down from the ***shorters but the way i see it is that the short swing trades with large expectant TP's have still got some time to wait...which is fine if thats your thing....but from a day trading perpective still trading the price action both ways with realistic targets for me and im certainl not scared of the blue button...anyway just sharing some thoughts each to their own not tryng to influence anybody...GL everybody