Afternoon everybody:
Ym opens in about 45mins.
I think we will have a slightly higher open than lower prices all along the way as i feel today looks like a very negative day -then again i could be wrong but this is my opinion -yours may be different.
rgds
zarif
Very interesting JonP.
I didn't understand a word. But I can understand you not wanting to let the cat out of the bag if it works.
I would love to know more though.
The tops & bottoms idea sounds interesting. I will look at that.
Have you read 'Zen in the markets' by E.A. Toppel?
He uses an automatic trading system in order to eliminate 'emotion'.
Afternoon all:
The BOE raised rates by 25bps to 4.75 Ecb unchanged at 2.00 and the Us jobless figures down by 17k (not sure but hardly a marked difference).
So what does the Ym hold for us today?
My feeling is that its going sideways mst of the day and may bounce from say yesterdays lows after 7pm tonight. I think we will see higher prices today and tomorrow.
Thats my view -yours may be different.
rgds
zarif
Snoball if you ask JonP nicely I am sure u will get the set up.Nice to see you posting -please keep doing so.
rgds
zarif
I am only dow watching for a bit as the dow is a brill TA practice tool. Did anyone spot the + divergence between RSI and dow on the 5 min from approx 5pm to now
Afternoon all:
Data Coming out Us at 1.30pm.
Think like a crook and maybe they can turn around from yesterday is my opinion.I think we will have "pop and Drop" or Drop and pop.Watch the action and trade what you see. My outlook is to short the rallies and scalp my way.
rgds
zarif
Afternoon all:
Sea of red today on the European bourses and Ftse.
So what are we going to do on the Ym today?
I think my views is Gap Up (or Down) open and then head lowe till around 12am Est and rally up towards close 9could be the other way round).This is my view and it can change with the wind.
Snp probably going to play Ball from -3 to +3 (maybe +5) level.
good luck trade what the market is doing.Also the Big decision fron greenbum tomorrow.
rgds
zarif
apologies if this has already been talked about but does anyone use a good end of day charting package for us stocks. my trading technique doesn't require thousands of different indicators or a live feed so a simple package or web site would do the trick. A scroll through function of a set list of stocks, similar to sharescope's, would be really handy. thanks in advance.
Eric, try stockcharts.com.
Not only does it have the usual US stocks but also the Indeces plus some indicators of their own devising like the Bullish Percent link here. A very useful site. It's free too.
Morning all:
Snoball -u r right in your post - WAKE UP EVERYBODY - and keep posting (that includes me aswell!!!!
Was yesterday a one day wonder i wonder?
The volume was really thin and they can move it around to manipulation very easily.
Trade wisely and safely.
rgds
zarif