POG - down 30%

This is also above the ichimuku cloud. So bullish....This should hopefully be the start of a new uptrend.


Id be looking to take profits around the 137 mark on first attempt

107 broken... if it stays above then this could go to 140ish...

Libero wrote:

remo wrote:
thats some discrepancies ....what charting package are you using???

That is because I'm using the cheapest most rubbish package out there... IG markets!

And yet, oddly enough it is "working" insofar's producing some decent trades.

I know that eventually I'll have to step up to Metastock or Updata et al, but I'm putting it off because I want to justify the outlay by using these marquee packages properly, and at the moment things are so hectic that there's simply not enough time.

Roll on Q4.

Hi libero
Igmarkets has a new charting software...metatrader 4. I think it's used for currency.
I've not used it but I know it's available for all clients of ig. I'm sure it's better than the crap there using currently.
You need to activate it from the settings screen.
As long as its working for you then great . I've used ig charts a long time ago and it cost me a lot of trades.
I'm sure they must have improved from the days when I was using them...
you can always try out the free 2 months offer of metastock pro .Thats more than enough time to tell if it's for you or not.

remo wrote:
thats some discrepancies ....what charting package are you using???

That is because I'm using the cheapest most rubbish package out there... IG markets!

And yet, oddly enough it is "working" insofar's producing some decent trades.

I know that eventually I'll have to step up to Metastock or Updata et al, but I'm putting it off because I want to justify the outlay by using these marquee packages properly, and at the moment things are so hectic that there's simply not enough time.

Roll on Q4.

Libero wrote: Technically, POG has done a number of things today:

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What remains puzzling, are the descrepancies between charts... Whose data is the most accurate? I think I know the answer to that one!

thats some discrepancies ....what charting package are you using???

Technically, POG has done a number of things today:



1. Broke out of the 1-2-3 Low

2. Broke out (and how) of the descending wedge (a bullish signal).

3. The MACD is ticking up slowly but nicely.

4. The DMI is looking good too, with the DI+ crossing upwards against the DI-. The trend is weaker on the daily, but this will not negate a bullish run.

5. A finish about a moderately strong resistance point (~99) would be nice!

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What remains puzzling, are the descrepancies between charts... Whose data is the most accurate? I think I know the answer to that one!