Glenxtrata

Gapped up above the down trend-line, one to watch.

SL moved to below fridays low & above B/E
trade is free & in profit

Gap fill @ 322
Long @ 332
SL below 320
[attachment:1]GLENCORE XSTRA.png[/attachment

Libero wrote:

remo wrote:
Just curious but whats wrong with a green candle as the price has gone up????? The only time a candle should be red is if it went down.
im confused

Hi Remo,

Well, that's the thing that was also confusing me. Some charts like 4-traders, digital-look, and google finance (blue/white), went with the "Red" candle on an up day.

IG correctly went with a green candle, but from previous discussions on here, we've seen that their candle patterns are a big problem, so I had little confidence in their package.

It is a miracle I've not been wiped out right?

It is time to get onto the heavyweight packages that you recommended (Que the 'tooling up' scene from the film 'Commando'), I only kept delaying it because I didn't have the time to really dig deep into it, but I can see now, that even for basic charting it will wipe the floor with the freebies out there.

Whilst I'm at it, I think as I test MetaStock, I'll get that Plus500 demo account too, rather than take out any further real trades. I'm over-exposed as it is!

Hi Libero
Try the demo account and once your happy with your system then switch to the real account.If your planning on trying metastock then try some of there systems. Some of them are meant to be good. Dont ask me which one I personally dont use any of them as am happy with my own methods. Since you will be getting 2 months free trial ,make the most of it.
With any charting package you should be able to change the colours of your candle to suit you.
Have fun testing the products out

remo wrote:
Just curious but whats wrong with a green candle as the price has gone up????? The only time a candle should be red is if it went down.
im confused

Hi Remo,

Well, that's the thing that was also confusing me. Some charts like 4-traders, digital-look, and google finance (blue/white), went with the "Red" candle on an up day.

IG correctly went with a green candle, but from previous discussions on here, we've seen that their candle patterns are a big problem, so I had little confidence in their package.

It is a miracle I've not been wiped out right?

It is time to get onto the heavyweight packages that you recommended (Que the 'tooling up' scene from the film 'Commando'), I only kept delaying it because I didn't have the time to really dig deep into it, but I can see now, that even for basic charting it will wipe the floor with the freebies out there.

Whilst I'm at it, I think as I test MetaStock, I'll get that Plus500 demo account too, rather than take out any further real trades. I'm over-exposed as it is!

Libero wrote: Totally frazzled by this pattern...

That's it, I'm putting myself out of my misery and signing up to the 2 month trial to get some proper charts. IG markets painted the lastest daily candle green, whilst every other chart out there sees it as a red.

madness!

Just curious but whats wrong with a green candle as the price has gone up????? The only time a candle should be red is if it went down.
im confused