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Caseynotes

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Posts posted by Caseynotes

  1. 1 minute ago, Caseynotes said:

    oh dear, now Labour are going to nationalise internet access, free broadband for all 🙈🙉🙊

    Labour’s #freebroadband proposal is a terrifying idea. The Corbyn movement is notoriously illiberal, censorious and hostile to internet freedom. Putting these authoritarians in charge of the web would be insane, says Brendan O’Neill

    forgot to add that of course the free broadband is going to cost billions.

  2. Dow has ramped itself up over R1 and looks content to perch there awhile, Dow attempting to follow. Will see on the London open if there truly is support at R1 or if needs to check lower. US retail sales at 1:30 otherwise not much on the calendar but as it's a Friday probably expecting caution rather than a further push to the upside.

    image.thumb.png.ec5e7ec360add8080a4e5d2b170e9c7a.png

    • Great! 1
  3. The crowd (permabears and top pickers (80% US index retail traders are short)) must be wondering what they're doing wrong as Dow breaks it's all time high for the third day in a row. Ftse wonders about the upcoming election and ASX makes tentative moves against key resistance. Dax's all time high has also just come into view (black line).

    S&P makes it's 21st record closing high of the year so far.

    image.thumb.png.3c32f3365ddf5166db8ef5aac8961446.png

    image.thumb.png.d777d6487977024978e134ce9a7f619e.png

    image.png.bd842a2f190116f81411b2d33b4fb024.png

     

  4. 3 minutes ago, dmedin said:

    If that's true, then he is a massive a-hole (I assumed the media was laying blame on him to avoid the complex reality of the forces pulling the strings behind the scenes, just like how Dubya was an idiot puppet president).

    Bernie Sanders or bust :D

     

    The important point all along was perpetual intellectual property theft, everything else was just dressing. Interestingly China a few days ago signed an agreement with the EU regarding IP rights but I have not had a change to go into it yet. 

  5. 4 minutes ago, Chicken13 said:

    Ok but now how I connect my IG MT4 to metatrader 4 for buy a signal 

    regards 

    no you don't need to connect to metatrader at all, just IG.  So you don't need metatrader's mt4 or their feed, just the ones provided by IG. 

    so go back to my first post above and check you have IG's live and demo feed, as per my picture.

    to set up IG just click on each feed (live or demo) in turn and click 'next' and follow the instructions. For the live account you will need the info sent in 2 emails from IG, one with your login and one with your password. For demo account mt4 assigns a random one automatically.

  6. The Trump impeachment hearing is turning into a joke, when the 2 'star witnesses' were asked just what they thought Trump should be impeached for neither could answer, their 'evidence' turns out to be second and third hand which they said was often more reliable than first hand evidence ...jeez.

    Open interest in the indices is still low, the big fund mangers are still waiting, Trump could end the trade dispute tomorrow if he wanted, in which case retail sales, indy production and GDP would take off.

    So there is just as good a case for a restart of the bull market after 18 months plus of consolidation as there is for any correction down and the market looks to be playing a waiting game sitting on the highs currently rather than the lows so optimistic rather than pessimistic.

    I do agree with your last para @786Trader

    • Like 2
  7. 3 minutes ago, Chicken13 said:

    I have open MT4 IG on my computer but I can find how to connect to metatrader for have the signal now 

    you don't need to connect to metatrader as you should be connected to IG instead,

    you seem to have the feed as the chart has opened.

    Right click on any where in 'Market Watch' and click 'Show all' (see pic).

    image.png.9303bfa61cc8b8f97548d570027e2e8b.png

    Also see https://www.ig.com/uk/trading-platforms/metatrader-4/what-is-mt4-how-to-use-it

    and also download the IG app add ons.

     

  8. 6 minutes ago, dmedin said:

     

    What do you understand by TA? 

    From what I understand of TA, you are using it every day (so am I).  Just because you don't use EWP doesn't mean you're not using TA.

    MAs, S/R, pivots, patterns and candle sticks are all TA ...

    just meaning that TA is based on historic values that may or may not have any bearing on today's market. For example new news is much more important than yesterday's chart values.

    image.png.a12c65a1374af685d9e1d3e44a46dcfb.png

     

    • Like 2
    • Great! 1
  9. recently someone on the forum asked where are all the old posters? The answer is of course told in the line on the web pages '74% clients lose money' so why is that?
    1/ Most people come into this thinking it's a game, like a casino, you learn the rules, play the game and maybe you're a natural and it all just takes off, ha ha. Would you start a new career with that mind set, no.
    2/ Then you think 'Technical Analysis' must be the formula to success, you study hard and swamp your chart with TA but to no avail. TA is a science, trading is an art, they are not the same thing, to be good at one does not equal being good at the other.
    By now you've invested so much money and time (money) that you can't turn round and without any outside income you run your account out, with additional funds you can go on down the same road indefinitely, surely if you can just keep going you'll get there eventually? no.
    The video below looks at the reality of trading using math, it reiterates that most successful traders who stay in the game usually have a very simple methodology, many just use a simple ma crossover or price crossing an ma strategy - really. 
    In the last few seconds of the video is a phrase that sums up what you need to do to make this work. Find it. Validate it. Do it.
    Find it; 
    a simple system that suits your style of trading (see the OP of this thread), copy or adapt one (there are hundreds out there), or develop your own from scratch.
    Validate it; 
    test it to make sure it works for you, collect data, backtest it, demo test it, live test it on min bet size (see the OP on testing).
    Do it; 
    Stick to the system's rules and the rules need to be hard and fixed, not just platitudes. If you change anything you must go back to the validation stage, otherwise stick to the rules and let it play out over time and many trades.
    The 'find it' and 'validate it' stages cost time but not your savings account. If you get that right before going for real you are half way there which is further than the average punter gets. The 'do it' should be the easy bit but it's not, sticking to the rules is really hard, which is why many traders just use a simple strategy, because it's much easier to stick to.
    Once you have done all of the above you are ready to start trading for real, most only discover this after their account has already hit zero.

     

  10. 54 minutes ago, Chicken13 said:

    Good morning 

    I contact you because I have a IG account MT4, I try to connect to metatrader for buy a signal, but I can’t connect and at the bottom I don’t have option signal, can someone help me to do the connection 

    I try to add my metatrader information for connect community but nothing happen

    best regards 

    Hi, do you have the IG feeds to your mt4. 'File' > 'Open an Account' . (see pic below)

    image.png.c56ccdeef85cdf1a9eb8579fe035ded4.png

  11. 49 minutes ago, CharlotteIG said:

    What is your gut and analysis telling you about the big Indices. Let me know your thoughts on the piece as well as if you agree/ disagree. 

    for some reason the market just won't bend to my will and those dam ned central bankers keep interfering to prevent any kind of a melt down, blo ody ridiculous and irresponsible I know but there it is.

    Retail sales and indy production are down because of 18 months of trade war, indices are buying into an increasing likelihood of a progressive resolution of that trade war.

  12. 18 minutes ago, dmedin said:

    Serge also cautioned about Apple in a previous video, but look.

    ha ha yes. who really knows the future, I know I don't. What I do know is that the market is always looking for value, when price runs out of buyers it goes down looking for support, when it runs out of sellers it goes up looking for resistance. TA won't tell you where these places are on the chart because price is too fluid (buyers and sellers are whimsical just like you) no matter what time frame you are working on. 

    This morning Dax started off looking for support and looks to have found it at S1 (13163) for now at least, fine, great, it doesn't really matter where it found it, only that you are able to recognise that it did.

    • Like 2
  13. Dow starting above the pivot while Dax starts below, usually see Dax fall into line and follow Dow when this happens. On the longer term time frames both are at or near their highs so expecting continuation until PA proves otherwise.

    H1 charts;

    image.thumb.png.28272baa7b6413651f9019b2a00273a5.png

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