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Caseynotes

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Posts posted by Caseynotes


  1. 8 minutes ago, DAG said:

    Good morning all,

    If somebody would be kind enough to guide a novice here :)

    The last thing I’d like to do is place enough positions and orders to use up my 50 equity for positions to close automatically while potentially at a loss. 
    Thank you :)

    DAGIEG

    Hi, no you won't be closed out until your loses are eating into the margin requirement for combined trades. see this thread.

     


  2. The Stasi raiding birthday parties now while NZ sets up concentration camps  ...

     

    Meanwhile attention is finally being drawn to the total disparity between CASES CASES CASES and actual deaths ...

     

    But Flu and Pneumonia no longer exist, everything is now COVID ...

     Flu cases ‘drop’ 95% compared to last year. Are patients being misdiagnosed as having COVID-19?

    https://noqreport.com/2020/10/19/flu-cases-drop-95-compared-to-last-year-are-patients-being-misdiagnosed-as-having-covid-19/

     

    And you thought you were living in a free modern western democracy ha ha.


  3. This ...

    image.png.9a32af39f15e7aa30c842cc2d72c74fa.png

     

    to generate enough fear and despair to ensure this ...

    image.png.c9e5f1c00582b7500d6c1674521d9957.png

    which is essentially a loss of national sovereignty and a loss of personal freedoms and liberties.

    In the future Google will tell you what's true or not, Zuckerberg will tell you what you're allowed to say or not, Greta will tell you what you're allowed to do or not while Gates will tell you which medical interventions and treatments will be mandatory or not.

     

    Meanwhile back to Sweden ...

    image.png.305b7ea0796d504fb9137a32904d93c5.png

     

    While in Wales you can look but you can't buy (this is what stupidity looks like) ...

    image.png.3b839a0ea6430b78de2b8e2f01073a30.png

     


  4. New leverage caps announced by the Australian regulator.

      https://theforexreview.com/2020/10/23/australias-asic-announces-leverage-cap-negative-balance-protection/

     

    - 1:30 leverage for CFDs on major currency pairs made of Australian, Canadian or US dollar, British pound, euro, Japanese yen and Swiss franc
    - 1:20 leverage for CFDs on minor currency pairs made of any currency pairs excluding the major currency pairs, gold or a major stock market index, for example, CAC 40, DAX, Dow Jones Industrial, etc.
    - 1:10 for CFDs on commodity or minor stock market index
    - 1:5 for CFDs on shares and other assets;
    - 1:2 for CFDs on crypto-assets

    • Thought provoking 1

  5. 46 minutes ago, dmedin said:

    I'm not sure I like any indicators.  Volume maybe?

    https://nononsensetrader.com/how-to-backtest/ has custom indicators for MT4, so I don't know what those are.

    I'm not even very fond of moving averages any more.

    Just Fibs, candle and the RSI?

    Made money shorting Wall Street here.

    missing the point, doesn't matter what indicators you choose, if a macd crossover aligning with a new moon shows a positive expectancy on testing then great.

    ps, if you are on demo you are not making any money.


  6. 6 minutes ago, dmedin said:

    I don't know what my plan is yet.  It doesn't look like one set of MAs can be applied across all markets, for example.

    Intra-day trading, I don't know what's best.

    Bollinger with RSI?  MACD?  Using 200 EMA as a filter?  Going purely off candle patterns and Fib levels?  I have no idea.  

     

    TA is less about blindly adhering to some textbook chart formations and more about seeking context.

    Trading Composure @TradingComposure

     

    Charts do NOT predict prices. No form of TA predicts prices.

    Charts suggest the path of least resistance

    Charts provide a means to determine the risk of a trade

    Charts offer help in timing

    Charts offer POSSIBILITIES, not probabilities and certainly not certainties

    Peter Brandt  @PeterLBrandt

     

    Finding and combing indicators to give entry signals with a positive expectancy for your preferred market and time frame takes experimentation and testing.

     

    The Trading Rush videos showed backtests of basic trading plans, below is more about building your own.

    https://nononsensetrader.com/how-to-backtest/

     

    • Like 3

  7. 2 minutes ago, dmedin said:

    Might go short on the FTSE 100 if there is a reasonable red candle near here.

    if you're not sure whether to take a trade or not instead of consulting your plan just toss a coin 🤪


  8. 1 minute ago, dmedin said:

    Six more months Tom, are you looking forward to it 😘

    I've already spoken at length about demo, the point being is it's not live, nothing really matters.

    Once you've tested your strategy and it's working on demo then the progression is to see if it will work live (are the rules sound and can you stick to them). The progression is part of the learning process, there is no point in spending years and years in the 5th grade repeating the same lessons over and over.

    20 trades back test

    20 trades demo

    20 trades live on min position size .... does it (and you) still work?

    if not work out why, make alterations and go back to the start and try again.

     

    • Like 1
    • Great! 1

  9. 1 minute ago, dmedin said:

     

    Where would you put a stop, where would you take profit?  What is the point of that laughably convoluted oscillator you have down below?  I thought Williams %R was your man Friday?  Maybe you just like to show everyone how superior you are :D 

    A/ who cares. B/ it is Williams %R, that's why it's got %R stamped on it 🤪


  10. oh, neither Policing Minister Kit Malthouse or Owen Wetherill, the Police Officer leading police response to the pandemic know what the law is anymore, but never mind because you'll be the one paying the £1000 fine when you get it wrong not them ha ha.

    Meanwhile Scotland introduce a 5-tier system 😏

    image.png.f206fc4f4dd2d636d297a38037827202.png

    https://order-order.com/2020/10/22/policing-minister-and-head-covid-officer-both-fail-restrictions-test/

    Meanwhile, going down the pub becomes a risky business ...

    Andrew Pierce @toryboypierce

    It's outrageous of Police to expect pub landlord to snoop on their customers by demanding photo ID of their addresses. this is UK not China twitter.com/mailplus/statu…

    twitter.com/toryboypierce/status

    ?UK not China? not sure anymore.


  11. but but but, we were saving lives 😭 ...

    Lockdown's lethal toll laid bare: 50,000 children see surgery postponed, treatments for strokes plunge by almost 50%, and one in FIVE people were hit with depression in just one month as devastating effect of coronavirus restrictions are revealed

    • 25,000 more people died at home during pandemic as they didn’t go to hospital
    • Huge backlog in NHS treatment set to cause 20% rise in cancer patient deaths
    • Organ transplant operations fell by two thirds while waiting list deaths doubled.

    https://www.dailymail.co.uk/news/article-8856959/Lockdowns-lethal-toll-NHS-vulnerable-patients-laid-bare.html

     


  12. On 20/10/2020 at 12:07, Caseynotes said:

    oh dear, never mind. The important thing is to save lives! ... oh wait.

     

    When we look back over the #COVID19 lockdown who will be held responsible for annual increases in deaths at home?

    * Diabetes +86%

    * Prostate +53%

    * Parkinson’s +79%

    * Breast cancer +47%

    Absolute travesty, a dereliction of duty. We’ve been failed by our leaders

    Martin Daubney  @MartinDaubney

     

    image.png.cb148166fc973728faaaee7143e9cb4e.png

    image.png.53972380762d164565e27bbb4e9551f8.png

    oh dear there's more, lung cancer referrals down 75% and 25 million GP appointments lost due to the lockdown, never mind, we were err, Saving Lives!

    Meanwhile fake case numbers is way up but has anyone seen the second wave deaths? 

    image.thumb.png.cc7622de2af64ebb6d94fdcd64965164.png

     


  13. 38 minutes ago, Chazza69 said:

    Excellent mate that made me smile. State the obvious much lol I just use investing. Com and trading strategy guides website I paid for the forex indicator and try and back it up using RSI along with bill Williams fractals it's a shame they don't have that indicator on ig's site. Trading strategy guides. Com. But we know its still not fool proof as even I've used the indicators and one would back the movement the right way but as soon as I select trade it goes the other way lol. Intelligence and understanding is key trading I have neither lol. I'm trying to claw back £63,000 I lost on oil on etoro as they close your trade at 50% loss where if I had used my ig account I would have been okay eventually. Thems the breaks you got to know when to hold them and know when to fold them. Near impossible but that's life bud

    thanks for the background info, interesting stuff, not used etoro myself. 

    What was the paid for indicator? may be based on a mt4 indy. Bill Williams fractals are interesting but they are back painted 2 or 3 bars, so accurate but printed after the event as conformation, fine so long as you know. I think a request to add them has already been made to IG tech.

    The basic trading formula is to look to trade off obvious levels and that should make the stop loss position clear if you are wrong, to hang on and hope makes it all a coin toss, while the target is the next obvious level.

    Good luck.

     

    • Like 1

  14. 7 minutes ago, dmedin said:

     

    Here's the best advice you can get.

    Don't bet money you can't afford to lose.

    At a bare minimum 76% of retail punters lose.  Over time, it's closer to 95 - 99% and the number that outperform a simple buy and hold strategy is probably less than 99.9%.

    And the post above shows the 'benefit of hindsight' which is totally useless when you're actually trading.

    Best of luck.

    the retard has spoken aah, the OP was asking for advice on a trade they were actually already in moron.

    if they were playing a reversal then that was the correct stop loss level for their short.

    how's trading going for you btw? still losing a grand a month? oh wait, you've had to go back onto demo again right err, yeah,  but keep the advice coming.

     


  15. 10 hours ago, HMB said:

    this probably should have been ignored, but IMHO it was a new low.  obviously jlz tried to help someone here, and referred to others to add emphasis to a point.  I'm writing this because I actually asked for support in my earlier response, and I'm very pleased I'm not the only one who reacted to this post thoughtfully, so I think it would be pretty weak if I didn't speak up here.

    That may make me look ridiculous, and like my tongue is now travelling through a bunch of cracks, but I don't give a **** (like I think you would not either).   

    I'm actually surprised that you @dmedin  left it to this statement - usually you're significantly more effective in warning people of the hazards we face as retail punters IMHO - I think you definitely had stronger moments.

    you know what I would find useful:  having a separate, focused thread for insults  - I'm sure by now the respective targets wouldn't mind (to not again say not give a ****), and other discussions could become - let's say "leaner".

    I genuinely think I got a lot of valuable insights from many of your posts here, and I highly appreciate the honest feedback, and I also believe you have good intentions. I don't know about any history between you, jlz, THT, and Caseynotes.  I further think you play an important role here in this forum and I look forward to more productive discussions with you.

    But the post quoted above was a new low.   

     

    are you mad? none of this is new, it's straight abuse by a moronic attention seeker and systematic malicious acts to derail and destroy threads where people have worked hard for the benefit of others, been going on for months, there is no valued contribution, it's simple total negativity by someone with obvious mental health problems and is not only of no use to anyone else but is detrimental to all.

    Obviously at some stage the moderator will actually have to do something, not a problem for me I can wait but the forum suffers in the meantime.


  16. 6 hours ago, Chazza69 said:

    just as above, i have £800 on a sell cad/jpy how much would you have to lose before its shut out im just a normal client. thanks for your replies.what would be the overnite fee be on the £838. can someone tell me do currency pairs not close for an hour at ten uk time like etoro ?  cheers guys and gals

     

     

    keep checking the Margin requirement at the top of the screen (how much you need in your account to keep the trade open).

    There is no H1 daily break on the IG platform.


  17. 6 hours ago, Chazza69 said:

    hi there ive an open trade with a sell on cad/jpy i opened this afternoon in the uk time at 8010, any ideas  ifwill it go back to that or should i just take £100 loss out my £800. trading strategy guide website gave me bad info im a newb. thanks for any advice team

    Hi, presuming you were hoping for a reversal at the prior high around 8019 (blue line) so your sell at 8010 then your idea was invalidated when the blue candle closed above 8019 (red cross), that was your exit for a small loss.

    The bounce up off the daily pivot (red arrow) was bullish confirmation so if you are still in it's a case of scrambling out for as little damage as possible, might see a retest of the pivot but if it heads for R1 you just need to get out.

    image.thumb.png.969aa153faaa0878f576423f1a68a3c6.png

     

    • Like 1
    • Thanks 1

  18. so from the data copied and linked above we know that Covid-19 is a corona virus and is no more deadly than common flu (most colds and flu are also corona viruses).


    that the shutting down of the economy and the locking down of healthy people was an act of politicians in response to massively exaggerated inaccurate modeling from Imperial College.


    the WHO now admits lockdowns do not work to prevent the spread of covid and actually cause more harm.


    that covid testing is a farce with 90% false positives as well as many false negatives but continuing this testing policy and the fear it deliberately creates is politically driven.


    there is no scientific evidence that simple cloth masks prevent infection of covid or it's spread but are in fact a breeding ground for many other types of infections.


    Sweden (no lockdown) achieved herd immunity with an overall lower death rate than most countries that did lockdown.


    with T cell immunity gained from other corona viruses (colds and flu) plus 20% herd immunity (despite lockdown) from covid the UK may already have achieved 60 -70% herd immunity, enough to counter covid.


    but the govt has taken to calling all corona viruses covid and as there will always be colds and flu then 'the new normal' to fight covid is permanent, and so then is the current loss of civil rights and liberties.


    the search for a vaccine for the common cold (a corona virus) has been ongoing for over 70 years without success.


    the 5 year rolling average of deaths from respiratory infections (mostly corona and corona associated complications such as pneumonia) is around 30,000 a year. This has been roughly the case since records begun.

    The govt can use the covid excuse to 'keep up the fight' forever.
     

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