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Well Kathleen, are the Germans going to do a huge poo today? 

Qra9YjpT

 

Germany 30_20201016_07.08.png

Edited by dmedin

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🤔

Looks like a hammer so it could be a higher low and the beginning of a move back up

 

Germany 30_20201016_07.56.png

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Well Patricia, perhaps the Germans will squeeze out a number two after all 😵

 

Germany 30_20201016_10.30.png

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Well Edna, will the Americans put in a big beezer today? 🤓

 

Wall Street_20201016_14.26.png

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Well Kathleen, what you have got to say for yourself hun 😘

 

Wall Street_20201016_14.57.png

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12 minutes ago, AndrewS said:

I’ve had my eye on the 200 day MA in the French Index recently.

FRA40Daily.thumb.jpg.75dce4d2c1ad7b937eca6283d0aa9509.jpg

 

Why?

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15 hours ago, dmedin said:

 

Why?

I look at the French Index primarily for the Dax.

5430813_IGMetaTrader4Terminal.thumb.jpg.a99fe65bee5b67a983c0293f878e6fa3.jpg

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1 hour ago, AndrewS said:

I look at the French Index primarily for the Dax.

5430813_IGMetaTrader4Terminal.thumb.jpg.a99fe65bee5b67a983c0293f878e6fa3.jpg

 

I thought you were successful at trading short time frames.

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1 hour ago, dmedin said:

 

I thought you were successful at trading short time frames.

For me multiple time frame analysis is more of a solid approach than hopping from one “indicator” to another. I am most profitable scaling in and out of a swing trade.  

 

661007161_IGMetaTrader4Terminal.thumb.png.779b983c1f57ac668eebc234c1857e1f.png

 

 

Screenshot - 10_17_2020 , 8_40_14 PM.png

Edited by AndrewS
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5 hours ago, AndrewS said:

For me multiple time frame analysis is more of a solid approach than hopping from one “indicator” to another. I am most profitable scaling in and out of a swing trade.  

Good for you?

Are you just showing off here then?  Because I haven't seen you post anything useful?  Unless you think a daily chart with a two-hundred moving average is useful in some way?

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Folks, IG have 250,000 clients and two people - Andrew and I think the wee diminutive Sw3dish **** - have posted something indicating that they've made some money recently.

That's a potential two out of 250,000 who aren't losing money.

Please, feel free to chime in and share your success story (you don't have to share your methods).

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Go on Tom, it's about time you gave us another incredibly helpful 15 minute chart :D 

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14 hours ago, dmedin said:

Good for you?

Are you just showing off here then?  Because I haven't seen you post anything useful?  Unless you think a daily chart with a two-hundred moving average is useful in some way?

The French index dropped 0.43% between posting the first and second charts and the last daily profit figure in the trade analytics was entirely from scaling out of a long and a short on the Dax.

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Short the DAX this morning!  Stop and TP are display on the chart.

 

Germany 30_20201020_05.55.png

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On 18/10/2020 at 07:06, AndrewS said:

The French index dropped 0.43% between posting the first and second charts and the last daily profit figure in the trade analytics was entirely from scaling out of a long and a short on the Dax.

I also had a >1 return at one point this year in my trade analytics.

Come back and show me a >1 return over a period of five years or more and I'll be impressed.

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The arrow shows where you should have entered the trade, but if you're asleep or doing something else - tough t!ts.  What you going to do about it, except sit out the entire move?  Another reason why buy and hold is simpler and more effective :)

 

Germany 30_20201020_06.02.png

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1 hour ago, dmedin said:

buy and hold

hold till... you need the money?

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Maybe Tom can step in with one of his 15 minute charts and help us all make sense of it :P:D

 

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Well, this is the state of play of our short on the DAX.

 

Germany 30_20201020_08.10.png

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Maybe we should buy instead.  Isn't technical analysis fun? 😘

 

Germany 30_20201020_08.48.png

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