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- Landline replied Oct 23, 2014
Hi all, For small t/f, my intraday chart on m30 suggests long at present...tight stop, profit take around 1244. No satisfactory signals on other t/fs for me yet. Verticle dotted line no my chart shows all 5 reds in the right place. image
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- Landline replied Oct 22, 2014
Hi, I added the chart and simple explanation to give vp920b a heads up that whilst volumn has an important role, it needs to be supported with other confirmations. Equally important though regarding his post, was to give some guidelines about ...
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- Landline replied Oct 22, 2014
Hi, We all must develop something we understand and works. I have simplified my method over the months, which includes volumn as part of that which I have marked with an arrow on attached chart. Essentially, I am interested in entering a trade in my ...
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- Landline replied Oct 22, 2014
Hi CT, Thats good advice re following someone..... I would add .... know their calibre before thinking of doing so!
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- Landline replied Oct 22, 2014
H Kah I completely agree with your point, reference my post. Cheers
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- Landline replied Oct 21, 2014
Hi all, A quick update where I foresee price going. I've marked up a daily chart attached which guides me to believe price will continue upwards in line with the recent momentum. In general terms, I think its best to buy upon any retrace signal from ...
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- Landline replied Oct 15, 2014
Yep, fair comment mate, its good to see that you have recognised the issue, and are gradually dealing with it in a steady and sensible way..... keep up the good work, well done.
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- Landline replied Oct 15, 2014
Hi CT, I totally agree with your point. Rather than just say price is going here or there as the majority seem to, I'd recommend the following format in anybodys "call", because if a person cannot give the detail below, then how can anyone be ...
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- Landline replied Oct 10, 2014
Hi all, Many respected opinions seem to differ even from the more experienced traders, which is all good of course but discerning the best is obviously key in any decision we make. Personally, I prefer to make a judgement of my own and if it happens ...
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- Landline replied Oct 8, 2014
image Looking at pa on 4hr it has forced a change of heart for now. Closed long for time being, re-entered short based on likely resistance in area boxed. This could re-test 1190-1195 again, will be watching pa closely over the next 8 hrs, its far ...
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- Landline replied Oct 8, 2014
Hi all, A brief update where I'm at.....My inital entry position in tact still and I see no reason to change my view as bull power seems to be kicking in, but not yet in full flow imo. I now plan to add a further larger long position however on the ...
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- Landline replied Oct 3, 2014
Entered my initial long (small position) @1193.82.... let the game commence for me at least
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- Landline replied Oct 3, 2014
Hi all An important day awaits us, and no doubt plenty of voatility. I think the 1200 level will get broken and i will be looking to get involved around the 1190-1195 level (maybe today) as previously mentioned, which I believe will be a "value" ...
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- Landline replied Oct 1, 2014
I entirely agree.... it can still easily go either way at this point.... its a rangebound market at present, but a useful one nevertheless for nipping 5 dollar intraday trades here and there. My bias though remains long as previously mentioned once ...
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- Landline replied Sep 30, 2014
Hi all, Price still in the range mentioned, nothings changed for me to think any differently than the basic plan mentioned. Long will be my direction whichever scenario occurs first above, because I can only see better value to be had upside. So I'm ...
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- Landline replied Sep 26, 2014
Hi all. I continue to think that until price proves different that we are in a 1240-1200 type of range as recent pa has demonstrated over the last week or so, which is a decent trading range after all said and done. I'm kind of siding long at ...
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- Landline replied Sep 25, 2014
I tend to more or less agree with your view.... I think we can expect plenty of chop whilst in a zone of potential transition.... traders need to be ultra alert on these occasions as plenty of f/outs are bound to occur as price starts unravelling ...
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- Landline replied Sep 25, 2014
My take on recent pa alone, looking at the daily t/f with long tails starting to appear etc is suggesting to me that market sentiment could be shifting. I'm not in the market myself at present, but I'm thinking that although price will probably go ...
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- Landline replied Sep 23, 2014
Price and its patterns will always be the leading indicator in any market. I'm of the opinion that news is captured in the price already, particularly on the longer t/fs, and thus reading what the chart is telling us, indicators and all, is the best ...
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- Landline replied Sep 23, 2014
You're probably right and the odds are likely to continue the down trend.....unless that was the bottom of course, who knows yet, I'm undecided at present personally, but as mentioned earlier, tomorrow should provide the clue imo where this is going. ...
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