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firewalker

Trade Discussion and Analysis

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Price hovering at resistance (13030).

 

had a short signal pre-market, plan was to wait till the open, but train just departed south without me :\

 

Try a smaller bar interval.

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Try a smaller bar interval.

 

Thought you might say that... but even on a tick chart it opened 15 points below resistance. That would require a wide stop and I wasn't prepared to risk that.

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Is that something of a free trial or are you using some external feed?

 

Its just a free metatrader download.......

 

IS IT FUTURES??????????? :bang head::bang head:

 

http://www.fastonlinetrading.com/terminal.html

 

download WHC (the first one.)

 

They have everything from EVERY currency pair through to gold, oil, futures, stocks, commodities..............

 

Did I do a good job boss! Did I! :missy:

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Its just a free metatrader download.......

 

IS IT FUTURES??????????? :bang head::bang head:

 

http://www.fastonlinetrading.com/terminal.html

 

download WHC (the first one.)

 

They have everything from EVERY currency pair through to gold, oil, futures, stocks, commodities..............

 

Did I do a good job boss! Did I! :missy:

 

YES! as far as I can see! That would be great I guess for anybody who wishes to follow along, or just watch a chart without the need to register with a broker or open an account.

 

But! Have you read the fineprint?

 

"...the demo is temporary. Demo removed after 90 days if there is no activity on the account. "

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YES! as far as I can see! That would be great I guess for anybody who wishes to follow along, or just watch a chart without the need to register with a broker or open an account.

 

But! Have you read the fineprint?

 

"...the demo is temporary. Demo removed after 90 days if there is no activity on the account. "

 

You just open a new demo account! FWIW I have never had too and I have had it longer but it only takes 3 seconds to open a new account.

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Just a quick analysis from my POV at currencies show some simple trades but sure today is easier than most......

 

entries based on TL crosses...

indicies.thumb.gif.6f0692556143ce53889b566d669b3912.gif

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Just a quick analysis from my POV at currencies show some simple trades but sure today is easier than most......

 

entries based on TL crosses...

 

I thought you needed two points to make a line

apparently not :)

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I thought you needed two points to make a line

apparently not :)

 

1) I trade from experience and draw my lines through what I see/learnt through time.

 

2) I have never read a book on trading so no idea what the herd do.

 

3) I know your a wykoff fan and he may do things differently to me.

 

4) Not everyone is as amazing as me!

indicies.thumb.gif.66596106258af2abe44430eab4bb8408.gif

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1) I trade from experience and draw my lines through what I see/learnt through time.

 

2) I have never read a book on trading so no idea what the herd do.

 

3) I know your a wykoff fan and he may do things differently to me.

 

4) Not everyone is as amazing as me!

 

I was talking about the other blue line, smart ass!

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Sure would've made for a nice short :\

 

[ATTACH]6453[/ATTACH]

 

Looks like it wants to go to lower some more, 880. Meanwhile ES & NQ are actually staying horizontal. So interesting divergence.

 

I would have been short YM or NQ from the open trailing behind my S/R lines and seeing what happened.

 

Hard to say as I have no idea on the behaviour of either but if it was FX I'd just be riding the trend and waiting for down line to find placement on the hourlies...

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I would have been short YM or NQ from the open trailing behind my S/R lines and seeing what happened.

 

Hard to say as I have no idea on the behaviour of either but if it was FX I'd just be riding the trend and waiting for down line to find placement on the hourlies...

 

I'm just looking at it now and thinking what I would do if I was in a short.

So right now I would scale out at 1416 ES / 2015 NQ and move my stop on the other half.

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I'm just looking at it now and thinking what I would do if I was in a short.

So right now I would scale out at 1416 ES / 2015 NQ and move my stop on the other half.

 

I find it hard to say not knowing the market really......... stops trailed behind S/R but now I know its futures charting I will be having a butchers over the weekend at what you guys trade.

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I find it hard to say not knowing the market really......... stops trailed behind S/R but now I know its futures charting I will be having a butchers over the weekend at what you guys trade.

 

I also take note of divergences at important levels.

 

For example, if the ES falls into a selling climax and then makes a lower low on lower volume, while the NQ makes a slightly higher low, than it would give more confidence in going long on the re-test.

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