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Caseynotes

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Everything posted by Caseynotes

  1. "Trend retracement or reversal? – Can volume be a useful “clue”?" Short article on volume analysis; https://www.gomarkets.com/reversal_volume/
  2. A run down of the best economic calendars 2019. https://www.earnforex.com/blog/top-forex-calendars/
  3. Ha ha, - oops ... "Singaporeans live longer and healthier lives than Europeans do. They are also much richer." https://humanprogress.org/article.php?p=2125
  4. The first full trading week of the year can often give an insight as to the thoughts of the big players who are looking at the longer term, will the theme be continued accumulation or reverse to distribution? The Friday candle on the S&P chart is an interesting one, you might have thought a period of profit taking was due given the unfolding US/Iran drama, and especially on a Friday but after the breaking news and a big reversal down buyers stepped in yet again and bought price back up from the low around 3211 back up to Thursday's open at 3235. Again that is bull strength and confidence, can they keep it going? The direction the market takes tomorrow will be interesting. S&P daily chart.
  5. Interesting short video from Tradeciety looking at different win rate and risk/reward combinations and how to match them to your own personality and trading style.
  6. Both the 2013 ProRealTime upgrade and the 2016 one both took just under a year after being released by PRT to be rewritten and released on IG, that is in line with the recent update that the new IG version should be arriving beginning of Feb. A cautionary note though is that the IG version doesn't usually have all the features that the premium PRT has. I was looking at your Streamdeck and it looks great, it's a re-programmable controller and has been out for a few years now, looks like it was originally aimed at the movie making crowd. I remember when the PRT 2016 upgrade came out it had a new function to use a controller to input data, in the top right corner on PRT (if I remember right) are different icons to select the input device, one was a keyboard and the new one was a game controller, are you sure that it won't work using the current PRT version?
  7. Ha ha, brilliant, well done. You've spoken before about your trading style, a bit too risky for me but great to see it working well for you. Nice touch to the additional to the old saying as @Kodiak points out. 'there are old traders and bold traders but there aren't any old and bold traders', the additional being, because the bold ones got rich and retired early 🥳 As @dmedin points out the vast majority of noobs just don't make it on their first go, they vastly under estimate the time it takes to learn and so always run out of resources before they get there. As I said earlier this stuff can't be taught in a university, it's a development process that takes time (and therefore money) and most are forced to drop out before they start seeing results but that's one of the lessons and many come back better prepare the next time.
  8. Trendfollower says; 'i never said full time traders don't use forums I said traders who are consistently profitable don't use forums' er, how can someone trade full time for years on end and not be profitable? once again you are hiding behind semantics to pretend you are not taking a pop at others on the forum when you obviously are. I don't need to publish my stats, I'm on this forum (and others) all day every day and have been since early 2016 when it started, that should tell you all you need to know. Why should anyone come forward when they know they are just going to be trolled and goaded into 'telling all' (with documented proof) by people like trendfollower who, as I mentioned earlier, has been down this path many times in the past. It just smacks of desperation, there is no holy grail that can be packaged and handed over, it is, in fact, a personal development process that can't really be taught, the skills are not really transferable. As the OP said, they are not looking for anyone to 'reveal all' but trendfollower is and has been for years, so clearly it is he who is actually trying to subvert the thread. I hope for once he doesn't escalate this side track and go all unprofessional again 😢 anyway i can't sit round here all day setting you jokers right, i've got questions from real traders on other forums to answer, toodle pip.
  9. Interesting stuff and thanks for sharing. I did think it was important and pertinent to the thread to dispel the erroneous assertion that full-time traders did not use forums as was suggested by another poster.
  10. Funny, I've spoken to dozens of professional traders in forums over the years, I know they are full time trading because we chat throughout the day discussing markets and trades. They tell me that there are full time traders on forums, in spite of what trendfollower might say 🙄. Trendfollower doesn't expect many traders to step forward and divulge their trading stats and he should know because he's tried to get them to do the same for a couple of years now in a desperate attempt to get someone to show him how to trade. Note he has never once offered up his own running trading stats at any time.
  11. Markets clearly not expecting WWIII is imminent or even the long awaited financial crash in spite of it being 'predicted' every year since 2016. Oh well, just have to keep playing the bull then, boring. H1 charts;
  12. The early reports were breaking around 1am and coincide with the first large H1 red candle on the Dow which precipitated the retrace of the entire Thursday leg up. But no doubt there will be plenty who claim the move was caused their TA or 'predictions' though 🤔.
  13. Ha Ha all you FX traders on the forum, @TrendFollower here is calling you out as a pack of deceitful liars. Obviously he feels that successful FX trading is either so exhausting you couldn't possibly find the time to post on forums or that you should be so smug you wouldn't dream of ever doing so in the first place. Delicious, can't wait for the responses.
  14. Hi, there are certainly traders on here who are clearly full time and have been posting on the forum for years. Finding consistency, there's the thing, especially with constantly changing market cycles and can take years. With regards finding a trading system your best bet is to build your own that suites your situation and personality. You have already seen the 'Trade Planning and Testing' thread so start at the beginning and it should help you decide what you want to do and show how to set about building a system that is right for you.
  15. Into the mix you need to also chuck in the liquidity providers who supply IG with contracts/prices in and out of hours, so in order to keep IG's market flowing they are plucking prices from a large number of different sources with prices based on the underlying or futures or what is available from an assortment of liquidity providers. see 'How we source the best prices'; https://www.ig.com/uk/pricing-execution
  16. my signals started failing at 9:30, keep doing it til it stops working then stop, sit and wait for a new move 😐
  17. Hi, the latest update was that it is due to be rolled out at the end of this month/beginning of Feb.
  18. Both Dax and Dow trying to bottom out here after another push lower on the London open. H1 charts;
  19. https://www.telegraph.co.uk/business/2020/01/03/next-raises-profit-guidance-strong-christmas-sales/
  20. Dow looking for support at 28636 giving up it's 300 point gain from yesterday after US assassination of Iranian military commander in Baghdad overnight. London open should be interesting, will traders decide to get out before the weekend and possible Iranian retaliation or decide to sit tight.
  21. Indices reverse yesterday's gains on news of US bombing of Iranian military personal. Bonds, Gold and Oil up. US ISM manu PMI 3pm (non-manu PMIs next week). Minutes from the last FOMC mtg released at 7pm.
  22. 🙂 as bullish a chart as you will ever see, looks like RSI has sent away for the IKEA catalogue, it's been in overbought since the beginning of Oct and doesn't look like leaving anytime soon, and MACD with not even the hint of a signal line cross over. Also consider how many extension levels Apple has driven straight over for years now without so much as a 'pardon me'. Short at your peril.
  23. Useful and fairly extensive guide to trading breakouts, looks at different breakout set-ups and the do's and don'ts, includes several videos. First published Dec 2018. https://www.tradingwithrayner.com/breakout-trading-guide/
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