Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis

• 02/23/2023 at 12:01 PM #210266
  shug

  quite a steep uptrend on this hour chart (short term)

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 12:16 PM #210269
  shug

  Those market makers trying to scare you off your trade there LOL

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 12:18 PM #210270
  shug

  grahal any thoughts on were this market will go? thoughts?

  I’m a complete learner with big moves

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 1:36 PM #210272
  JS

  I don’t use stop losses or target profits…

  1 user thanked author for this post.

  shug

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  02/23/2023 at 3:15 PM #210280
  JS

  System has been turned to Long… (12.215)

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  02/23/2023 at 4:08 PM #210291
  shug

  Seems I’d be doing the opposite to you on both trades LOL

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 4:18 PM #210294
  PeterSt

  😉

  

  PeterSt

  Participant

  Topics: 73

  Replies: 2501

  Been thanked: 805 times
  02/23/2023 at 4:21 PM #210297
  JS

  System is short again…

  Going too fast to capture it all right now… (is also not my intention)

  Good thing we acted opposite because the profits have to come from somewhere LOL…

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  02/23/2023 at 4:40 PM #210305
  shug

  I have only had 15 trades today, still trying to get used to this markets moves, I have got more points on my trades so I guess that makes up for less trades

  Still got time for some more trades I’ll see what its doing now!

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 4:46 PM #210308
  shug

  It seems to me (I might be wrong) but are you waiting until the market moves so far in one direction and then going for that direction and if it goes the opposite way you do the same? to try to catch the main direction?

  If so, that’s probably why I’m going the opposite from you but whatever works that’s the main thing!”

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 4:48 PM #210309
  shug

  I just go for the direction the price is showing me at that point in time and if it lines up with support resistance even better.

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
  02/23/2023 at 5:45 PM #210318
  JS

  Depending on the “strength” of the price action, the system chooses a direction, indeed a kind of “trend-following break out system”…

  1 user thanked author for this post.

  shug

  

  JS

  Participant

  Topics: 26

  Replies: 1701

  Been thanked: 768 times
  02/23/2023 at 7:41 PM #210330
  PeterSt

  I am really happy that I don’t have to decide over this.
  My guess would be Up. And faster than you can imagine.

  This is where AutoTrading is relaxing.

  

  PeterSt

  Participant

  Topics: 73

  Replies: 2501

  Been thanked: 805 times
  02/23/2023 at 8:45 PM #210336
  PeterSt

  Fast (steep) enough ?
  N.b.: My systems are always late at the show. May be even too late. But in this case I don’t think so. Notice how the system operates the way I think. At least that is the intention. And Yes, manually I fail too.

  And indeed …

  In the 3rd screenshot you see the acceleration better.

  Now sitting back to see what happens next. Ready for some more ?

  1 user thanked author for this post.

  shug

  

  PeterSt

  Participant

  Topics: 73

  Replies: 2501

  Been thanked: 805 times
  02/24/2023 at 8:02 AM #210347
  shug

  Some support/resistance NDAQ 100

  

  shug

  Participant

  Topics: 3

  Replies: 478

  Been thanked: 123 times
• Author
  Posts