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5 years 10 months ago #16625
by Trendfriend
Replied by Trendfriend on topic DOW
its been hitting that t/line and coming down....so for scalping that was the line to short off....in hindsight off course.... 
in hindsight i'm a very good trader btw
this is what i think form a 5 min chart on advfn....
uk.advfn.com/p.php?pid=chartscreenshotsh...LXFhjINY0UAIp6vidhI=
i'm usually totally wrong....so lets see...
i do think this will close down imvho...if the low for today goes...
if it does rally the rising t/line on your chart should be target...
atb, wdik, dyor,
trendfriend
in hindsight i'm a very good trader btw
this is what i think form a 5 min chart on advfn....
uk.advfn.com/p.php?pid=chartscreenshotsh...LXFhjINY0UAIp6vidhI=
i'm usually totally wrong....so lets see...
i do think this will close down imvho...if the low for today goes...
if it does rally the rising t/line on your chart should be target...
atb, wdik, dyor,
trendfriend
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5 years 10 months ago #16624
by Libero
The following user(s) said Thank You: Trendfriend
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5 years 10 months ago #16623
by Trendfriend
Replied by Trendfriend on topic DOW
The 5 min chart you posted below....can you try to draw a trend line across the tops please.....
Seems like a rising trend line.....
Only if you have min....
I have a look later myself...
Atb
Trendfriend.
Seems like a rising trend line.....
Only if you have min....
I have a look later myself...
Atb
Trendfriend.
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5 years 10 months ago - 5 years 10 months ago #16622
by Libero
This is really tough to trade / scalp....
All that's happening during today's session is, frankly, semi-informed gambling.
I'm trying to ride up / ride down tiny moves (what I call fish n' chip money), but it still difficult.
the mish-mash of trendlines *seem* at least for now, hold in some way or another - until they get blasted through in either direction.
be safe people.
p.s. why are these damned black lines appearing? IG need to get their act together.
new chart attached....
This is really tough to trade / scalp....
All that's happening during today's session is, frankly, semi-informed gambling.
I'm trying to ride up / ride down tiny moves (what I call fish n' chip money), but it still difficult.
the mish-mash of trendlines *seem* at least for now, hold in some way or another - until they get blasted through in either direction.
be safe people.
p.s. why are these damned black lines appearing? IG need to get their act together.
new chart attached....
Last edit: 5 years 10 months ago by Libero.
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5 years 10 months ago #16621
by Libero
Very true.
What success I had this morning, is being cut to shreds as I dipped a toe in (again, couldn't stay on the sidelines as long as I would have liked, not with all the volatility - but how big do you have to move your stops. It's absurd).
Might take a short position, IF IF IF i see a direction (obviously, not looking to hold for any sustained period).
Trendfriend wrote: Impossible to trade atm...happy I’m side stepping these markets
This is just silly tbh...
It will eventually close down imvho.... once it wipes all the bears out!
Atb
Trendfriend.
Very true.
What success I had this morning, is being cut to shreds as I dipped a toe in (again, couldn't stay on the sidelines as long as I would have liked, not with all the volatility - but how big do you have to move your stops. It's absurd).
Might take a short position, IF IF IF i see a direction (obviously, not looking to hold for any sustained period).
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5 years 10 months ago #16620
by Trendfriend
Replied by Trendfriend on topic DOW
Impossible to trade atm...happy I’m side stepping these markets 
This is just silly tbh...
It will eventually close down imvho.... once it wipes all the bears out!
Atb
Trendfriend.
This is just silly tbh...
It will eventually close down imvho.... once it wipes all the bears out!
Atb
Trendfriend.
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