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That is the 50% retrace for  the Dow and S&P. 

It's the opposite, I don't think I'm cut out for day trading.  I still would have been better off keeping a position open from Christmas, even now.  I zoomed out to the day chart and the overall pictu

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1 hour ago, dmedin said:

Well Katherine, it's a bullish sign for Nasdaq but the index has been quite volatile and treacherous lately, so I'm actually not going long this time.


US Tech 100_20201006_12.32.png



Oh Katherine, if only you'd warned me sooner :(


US Tech 100_20201006_14.32.png

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No observations from me today, I was in my bed.

Supposed to be looking for a job.  Can I be 4rsed?  Can I f*ck.  😘 

Left this order on from 3am and I'm sure it will 'hit the spot' sooner or later 😘


Germany 30_20201007_17.00.png

Edited by dmedin
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On 06/10/2020 at 16:40, dmedin said:

What's your take on this whole sorry business, Pope Alexander the Sixth? 


'Faith canny loon, I approveth not of thy works.'



His Holiness has f*ked off.

He's an ugly c*nt anyway :)

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A big beezer at the U.S. open Kathleen, buy the dips 😘  (Unless it's the Nasdaq, which is schizophrenic at the moment - as evidenced by the fact that 53% of IG clients are long, which usually means it's about to crash imminently)


Wall Street_20201007_17.06.png

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3,448 may be a level of interest on the S&P500. It is the weekly R2, daily R1, top of a large bearish outside bar on the eighth of September and around a .618 retracement from the September low to the high.

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    • By the way if its a system you want to demo or try, I trade US 500 and Russell Long only, with no stops, I would not trade with no stops for gold, oil etc but am happy to do it on US indices as nothing recovers as quickly as US markets, so if I am wrong i just hold it until it goes in profit again, when I am wrong I wait until market recovers, so sometimes when market has gone against me I have to wait 4 -8 weeks before it recovers but this way means no drawdowns only overnight currency charge which is minima. You need to trade wihin your accoutn to do this as you need to make sure your balance is big enough when you get it wrong. You could try it on IG demo account  to see if it worked for you.
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