Indices

[AndrewS]

There was a confluence of potential resistance on the US indices yesterday, although I only caught a fraction of the move on the Dax and Nikkei.

The S&P clipping its high in the previous quarter as well as its weekly R1 and daily R2.

The Dow clipping its yearly pivot and weekly R1.

As always an evidence based assessment of market conditions is a precondition to opening a trade.

[dmedin]

😕

[dmedin]

Lo and behold, all the indices have slowly ground their way back up again

[dmedin]

Patricia, Eileen, Alexandria and Frodo Baggins - buy the dip already?

[dmedin]

Ooh Samantha, a bit of late night action 🐮

[Caseynotes]

Ha yes, yesterday's S&P candle looks a bit different from when I last looked last night.

Dow bull flag on yesterday's high.

FTSE and S&P daily.

Dax and Dow H1 charts;

[AndrewS]

Well this is probably my last post here and so as Mr Dante says

Goodbye Legends

[Caseynotes]

5 minutes ago, AndrewS said:

Well this is probably my last post here and so as Mr Dante says

Goodbye Legends

that's a shame, why?

[AndrewS]

5 minutes ago, Caseynotes said:

that's a shame, why?

I think participation in the forum has run its course in what I can usefully contribute and learn from.

[Caseynotes]

11 minutes ago, AndrewS said:

I think participation in the forum has run its course in what I can usefully contribute and learn from.

I wouldn't worry too much, I just concentrate on troll control and links to sites that give better explanations of basic principles than I can give myself 👀 

[Caseynotes]

Dax found support and wanting to go higher but waiting for Dow.

[Caseynotes]

Dax and Dow continuing sideways for now.

M15 charts;

 

Edited July 15, 2020 by Caseynotes

[Caseynotes]

Dax pulling away to R1 as Dow passes through yesterday's high.

M15;

[dmedin]

5 hours ago, AndrewS said:

I think participation in the forum has run its course in what I can usefully contribute and learn from.

Sounds like you have a good system that works for you.  It doesn't make any sense to me but that's totally irrelevant 

 

[Caseynotes]

Dax getting ahead of Dow again.

M15;

[dmedin]

Oh Eileen, Nasdaq isn't out of the woods yet

[Caseynotes]

Dax was chaffing at the bit all day but in the end was forced to come to heel.

 

[Caseynotes]

S&P tags the monthly R1 before dropping back.

Dow finding support at yesterday's low.

FTSE and S&P daily.

Dax and Dow H1 charts;

[Kodiak]

On 25/05/2020 at 12:20, Kodiak said:

Dow daily

New trading range 25K to 27K? (bull)

or a false buy /breakout and then sell signal? (bear)

i would "guess" 65% chance for the bull scenario and 35 for the bear

Line (s) in the sand😉

[Caseynotes]

Dow stalling on the way to retest H1 resistance (green 26803).

Dax and Dow M15

[dmedin]

On 15/07/2020 at 08:59, AndrewS said:

Well this is probably my last post here and so as Mr Dante says

Goodbye Legends

Come on now, Peregrin Took 🐮

[dmedin]

On 07/07/2020 at 11:49, dmedin said:

Looks like we're got months of more-or-less sideways price action to look forward to, boys and girls.  Lots of false breakouts and money to be lost  

 

[dmedin]

Well, toots, the Nasdaq 100 is still out of commission 😕

[dmedin]

 

[dmedin]

On 12/06/2020 at 20:37, AndrewS said:

Since February 27 I have had 1,736 profitable trades out of 1,963 trades and am profitable on every instrument I have traded.

 

Sounds like you don't need to learn anything more.

Maybe you could help others to learn?  (Besides posting tiny illegible charts that don't help anyone)

Then again, this forum isn't really helpful for anything - a bit like IG itself.

[dmedin]

Nadaq makes a turn

[dmedin]

Nope, f^cked again.

 

[dmedin]

Ah, this is better.

[dmedin]

Nope, totally f*cked.

[dmedin]

The DAX finished the week on a positive note and the DJIA did not.  So, f*k that sh!t.