Jump to content

signal centre


Recommended Posts

Hi Ash,

 

I've tried it a while back .

Are you asking about the practicalities or the "thought process"?

Practically you simply click on a signal and you can view it in the small window to the right then click "View Full signal " for the details where you'll see the basis for the signal e.g. Triangle identified

 

It's then up to you to determine whether or not you agree and decide to deal.

 

Does that help?

 

Link to comment

Hi Welshman

 

Thanks for taking the time to answer my question, I was just wondering what made you decide on one signal oppose to the other? I'm new to spread betting and the hardest thing I find is actually finding a stock to trade.

 

Many thanks again

Link to comment
Guest ulises

I'm also new, and as such I'm working (and testing my strategies).

 

Lately I've been spreadbetting just on signals alone (plus a little bit of gut feeling). I've also restricted myself to te FTSE 100 as I'm based in the UK. I've had a mixture of successes with the signal centre. I do however only take it into account when it's fresh, i.e. the icon is yellow.

 

Right now for me however is figuring out when to close a ticket. I've had long running tickets (1-2 days) in which they fluctuated from 40pts profit to closing at a 40pt loss (my stop). When they were at a profit I've always thought "this can push a bit higher", i.e. I got greedy.

Link to comment

When I looked at the signal centre (some time ago) I thought they were quite slow to publish too. Though they do try to identify breakouts and the best strategy is to wait for a pullback after a breakout to Buy The Failed Dip (or sell the failed rally). 

 

Which charts? Always look for a trending chart to BTFD.

 

Trouble deciding when to get out? Set a profit target and trail your stop to it, try a set risk/reward ratio eg 1:2 or 1:3, or maybe use a previous support/resistance level, or perhaps next significant round number (50s or 100s).

Link to comment

Hi ulises

 

I know what you mean about feeling greedy I get like that. Does any one have a favourite between autochartist and pia first.

 

Also Caseynotes what is BTFD? When picking the 1:2 ratio do you set you profit at there recommended targets or take sooner?

 

Thanks

 

 

Link to comment

BTFD = Buy The Failed Dip in a bull trend (or sell the failed rally in a bear trend). Waiting for pullbacks then entering when price reverses back to continue with trend.

 

I don't actually use the signal centre, I just studied them for a while. 1:2 RR just means setting your profit target (reward) at twice your stop value (risk).

 

Hope this helps.

Link to comment

I have used signal centre for just over a week now I'm around 100 points up.

 

I only trade with a risk to reward of 1:2 like above said.

 

I use the stops and limits like advised on the signal but usally close the position myself when around 30 points up. There has been occasions where I have seen my trade being plus 50 points then drop to a minus then up say 17 points then I have closed the position my self. On another occasion I was on plus points again and I moved my stop to my break even point and got stopped out so I lossed and gained nothing.

 

I think I might start taking notes now cus I have no idea on what I traded and what happened after I closed the position. Some of you might read this and think I got no chance and just got lucky so far.

 

Let's see what happens next.

 

Any pointers would be helpful thanks.

Link to comment



Do take notes, but also start a simple trading excel spreadsheet and really see what's going on - over many trades. That's the only way to truly evaluate your strategy. Winrate against Risk/Reward. If your win rate verses RR plots above the line you are profitable, if below - change your strategy.

 



 



Link to comment
  • 3 years later...
On 15/03/2016 at 23:10, Ashsanders said:

I have used signal centre for just over a week now I'm around 100 points up.

 

I only trade with a risk to reward of 1:2 like above said.

 

I use the stops and limits like advised on the signal but usally close the position myself when around 30 points up. There has been occasions where I have seen my trade being plus 50 points then drop to a minus then up say 17 points then I have closed the position my self. On another occasion I was on plus points again and I moved my stop to my break even point and got stopped out so I lossed and gained nothing.

 

I think I might start taking notes now cus I have no idea on what I traded and what happened after I closed the position. Some of you might read this and think I got no chance and just got lucky so far.

 

Let's see what happens next.

 

Any pointers would be helpful thanks.

Are you still trading and do you still use signal centre? Has it brought you any results? 

Link to comment
  • 3 months later...
Guest Sacha

>90% success on signals. Playing it safe by setting limits at 10-15 pts away from Entry. Act on the signal as soon as or close to when it is published. Signals change direction too, so be ready to close manually if that happens, thus avoiding hitting your stop and paying the premium. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Swiss Market Index Elliott Wave Analysis Trading Lounge Day Chart, Swiss Market Index Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE: gray wave 1 POSITION: orange wave 3 DIRECTION NEXT LOWER  DEGREES: gray wave 2 DETAILS: gray wave 1 of orange wave 3 is in play. Wave Cancel invalid level: 11130.21 The Swiss Market Index Elliott Wave Analysis on the day chart offers insights into the market's trend using the Elliott Wave Principle. The analysis categorizes the current function as a trend, indicating that the price movements are aligned with the prevailing market direction. The mode is impulsive, suggesting that the market is in a strong, directional phase rather than experiencing a corrective or sideways movement.   The wave structure currently under observation is gray wave 1, which is part of a larger sequence identified as orange wave 3. This implies that the market is in the early stages of a significant upward movement, with gray wave 1 representing the initial phase of this advance.   The position of the market within these waves is critical for understanding its future direction. Currently, gray wave 1 of orange wave 3 is actively developing. This stage is essential as it sets the foundation for subsequent waves, indicating the market's potential for continued upward momentum. The direction for the next lower degrees, which will follow, is gray wave 2. This suggests that after the completion of gray wave 1, a corrective phase will ensue before the market resumes its upward trend in orange wave 3.   An important detail in this analysis is the invalidation level set at 11130.21. This level is crucial for traders and analysts as it acts as a threshold for the validity of the current wave count. If the market price drops to or below this level, the existing Elliott Wave structure would be invalidated, necessitating a reassessment of the wave patterns and potential adjustments in trading strategies.   In summary, the Swiss Market Index Elliott Wave Analysis on the day chart indicates that the market is in a strong upward trend, with gray wave 1 of orange wave 3 currently in play. This impulsive mode suggests continued upward momentum, with gray wave 2 expected to follow as a corrective phase. The invalidation level at 11130.21 is a critical benchmark for maintaining the validity of this wave count, ensuring that market strategies can be adjusted if necessary. This analysis helps traders anticipate market movements and refine their strategies based on the Elliott Wave patterns.     Swiss Market Index Elliott Wave Analysis Trading Lounge Weekly Chart, Swiss Market Index Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE: orange wave 3 POSITION:  navy blue wave 3 DIRECTION NEXT LOWER  DEGREES:   orange wave 4                                         DETAILS: orange wave 2 of 3 looking completed at 11130.21. Now orange wave 3 is in play. Wave Cancel invalid level: 11130.21 The Swiss Market Index Elliott Wave Analysis on the weekly chart provides an in-depth look into the market's directional trends using the Elliott Wave Theory. This analysis identifies the function as a trend, indicating that the market is moving in a consistent, identifiable direction. The mode is classified as impulsive, which suggests strong and definitive price movements rather than a corrective or sideways trend.   The primary wave structure currently being analyzed is orange wave 3, which is part of a larger sequence identified as navy blue wave 3. This classification is significant as it highlights that the market is in the midst of a major upward movement. Within this context, the position of the market is situated in navy blue wave 3, which further confirms the ongoing strength of the upward trend.   The direction for the next lower degrees will be orange wave 4. This indicates that after the completion of the current orange wave 3, a corrective phase is expected to follow before the market resumes its upward trajectory. This pattern helps traders anticipate a temporary pullback before the continuation of the broader uptrend.   A key detail in this analysis is the completion of orange wave 2 of 3 at the level of 11130.21. This completion marks the end of a corrective phase and the commencement of the impulsive orange wave 3, which is currently in play. The invalidation level is also set at 11130.21, which serves as a crucial threshold. If the market price falls to or below this level, the current wave count would be invalidated, necessitating a reevaluation of the wave structure and potentially altering trading strategies.   In summary, the Swiss Market Index Elliott Wave Analysis on the weekly chart suggests a strong upward trend within the impulsive mode of orange wave 3. The market is currently in navy blue wave 3, with the next anticipated phase being orange wave 4. The completion of orange wave 2 at 11130.21 indicates that orange wave 3 is now in progress. The invalidation level at 11130.21 is critical for maintaining the integrity of this wave count. This analysis aids traders in understanding market movements and refining their strategies based on the Elliott Wave patterns, anticipating both the continuation of the trend and potential corrective phases.   Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!  
    • Why is Alpha Trade professional? Here is the answer We have been promoting Alpha Trade as a professional liquidity supplier in the industry. What is our level of professionalism? Let's take a look at the evaluation of our cooperating institutions on us:   CHELTON:   We utilise Alpha Trade for the execution side of our Regulated Wealth advisory business for Professional and Institutional Clients and chose Alpha and continue to utilise them due to their hands on consultative nature in giving us access to diverse liquidity in the OTC Derivatives markets. Rob Teuwissen, Chief Executive Officer, Chelton Wealth, Sweden     COUES CAPITAL:   Coeus Capital utilises Alpha Trade's execution services for its primary AFM regulated Diversified Currency Fund.   Our experience with Alpha Trade is that of a firm which fully understands our complex execution requires and they work tirelessly to deliver an optimal trading environment to meet our demanding trading requirements.   Henk van Andel, Chief Investment Officer Coeus Capital, Holland         This is the customer's professional evaluation of our Alpha Trade.
    • NEE Elliott Wave Analysis Trading Lounge Daily Chart, NextEra Energy Inc., (NEE) Daily Chart NEE Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Minor 3.   DIRECTION: Top in 3.   DETAILS: Looking for a three wave move in wave 2 to be soon completed, to then continue higher.  Looking for Minor wave 3 to keep unfolding into a clear five wave move, the next level of resistance will be TL8 at 80$.     NEE Elliott Wave Analysis Trading Lounge 4Hr Chart, NextEra Energy Inc., (NEE) 4Hr Chart NEE Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive   POSITION: Wave (v) of {iii} DIRECTION: Upside in (v). DETAILS: Looking for upside into wave (v), volume confirm the bullish move, and we have equality of {iii} vs. {i} already surpassed at 75$, 1.618 stands at 84$. Welcome to our latest Elliott Wave analysis for NextEra Energy Inc. (NEE). This analysis provides an in-depth look at NEE's price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure. We will cover insights from both the daily and 4-hour charts to offer a comprehensive perspective on NEE's market behavior.   * NEE Elliott Wave Technical Analysis – Daily Chart* In our Elliott Wave analysis of NextEra Energy Inc. (NEE) on May 29, 2024, we observe an impulsive trend characterized by a motive structure. NEE is currently positioned in Minor wave 3, indicating a top in wave 3. We anticipate a three-wave move in wave 2 to be completed soon, after which the trend should continue higher. As Minor wave 3 unfolds into a clear five-wave move, traders should look for the next level of resistance at TL8 around $80. Monitoring this level can provide confirmation of the ongoing bullish trend.   * NEE Elliott Wave Technical Analysis – 4Hr Chart* On the 4-hour chart, NEE is following an impulsive trend within a motive structure, specifically in wave (v) of {iii}. The current analysis indicates that we are looking for further upside in wave (v), with volume confirming the bullish move. The equality of wave {iii} vs. {i} has already been surpassed at $75, with the 1.618 extension standing at $84. Traders should watch for potential resistance around this level, which could offer strategic opportunities for profit-taking or positioning for further upside.   Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!    
×
×
  • Create New...
us