Trading without indicators

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Viewing 15 posts - 121 through 135 (of 369 total)
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  • 01/19/2023 at 11:13 AM #207700
    shug

    I agree my friend totally, it helps solidify opinions and brings everyone together more and makes trading not so lonely a game!

    1 user thanked author for this post.
    avatar GraHal
    01/19/2023 at 11:33 AM #207703
    shug

    Someone once said to me … money doesn’t bring happiness, I said no it doesn’t but it sure helps pay the bills and eliminates some of the worry and stress, also It gives you the ability to help others in need. If we want to achieve contentment we need to be financially stable and I think when you boil it down through all the other states of mind we all want the same thing to be content! Obviously the person  who said money doesn’t bring happiness either 1 has plenty of it and has no money worries or 2 they had formed a psychic task and read my mind or statement wrong.

    01/19/2023 at 11:43 AM #207704
    shug

    I’m sure you guys like me have some amount of promotional inbox messages in your email trying to sell subscriptions to the latest and best trading advice from companies.  1 in particular is really persistent in mine and I got fed up deleting the messages etc so I sent him my trading results and said I would appreciate it if you stop sending them My trading is fine. the guy is stumped by the results and now he wants me to ‘let him in on the action’ LOL

    1 user thanked author for this post.
    avatar GraHal
    01/19/2023 at 11:47 AM #207705
    shug

    Doesn’t look finished this move on US30 yet It does look a strong dip on that 4 hour chart

    01/19/2023 at 12:07 PM #207706
    GraHal

    We could do with a ‘Like’ button on these Forums?   I tend to use Thanks as there is no ‘Like’ button.

    shug wrote:

    money doesn’t bring happiness either 1 has plenty of it

    Yeah and he realises he is still a ‘sad act’!? 🙂

    Ooops a strongish 5 min bar now beneath that oblique trend line.
    Open at 14:30 should see it reverse to uptrend again … hopefully!?
    PS
    Followed by nearly as strong a green bar now … good sign!  Now a 2nd green bar has just cleared the high of the red bar!!

     

     

    01/19/2023 at 2:25 PM #207712
    shug

    Hopefully see some profit taking soon

    I call this market relentless for good reason big powerful moves that’s what makes it interesting  and so much f a challenge to trade. Always does the unexpected and always travels further than I anticipated.

    01/19/2023 at 2:56 PM #207715
    shug

    Now the trick is, is this just profit taking or is it back to the consolidation

    01/19/2023 at 3:02 PM #207716
    GraHal

    I reckon we have turned, but we should be writing on the other topic!? 🙂

    But let’s leave it until the Mods change the title of the other Topic.

    1 user thanked author for this post.
    avatar shug
    01/20/2023 at 1:37 PM #207762
    shug

    Internet connection problems here today keeps losing connection its been off and on all morning. I’ll be calling them to see if they have guys out working on something in my area.

    01/22/2023 at 3:18 PM #207869
    shug

    Do we have another topic heading for analysis ideas yet?

     

    01/22/2023 at 3:27 PM #207873
    shug

    Here is the dilemma I’m looking at right now 1 chart is the hour chart the other a daily chart are we having a pullback on the 1 hour before a really big fall with the daily chart? I have no idea, Price stopped right at resistance, I wouldn’t feel comfortable guessing with this right now, probably better sitting back and letting price give a better idea of strength or weakness before trading I think.

    01/22/2023 at 3:35 PM #207876
    shug

    treble top on the daily and a double bottom on the hourly mmmm

    Bigger timeframe carries more weight to it and the downtrend should continue but If price goes above 500 or so then in theory it could go all the way back to the top, I’m always cautious selling US30 but have to play the cards as there dealt

    01/22/2023 at 4:04 PM #207879
    shug

    Opinions or Ideas? As much as I’d like to be psychic I’m not and would love to hear/see others views on US30 if that’s ok with the moderators of the forum?

    I think it should be fine as long as its not trading advice, just others ideas and analysis?

    thanks

    01/22/2023 at 5:16 PM #207892
    phoentzs

    I think you trade in TF 3 minutes? It’s more like scalping the way I see it. And you react quickly to the market. What distance do you normally have for your SL? Always remember: back and forth, empty pockets. When in doubt, go long or wait.

    01/22/2023 at 6:51 PM #207902
    GraHal
    shug wrote:

    Do we have another topic heading for analysis ideas yet?

    Yes, but not much discussion or analysis yet.

    https://www.prorealcode.com/topic/us30-djia-price-action-technical-analysis/

    1 user thanked author for this post.
    avatar shug
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