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Caseynotes

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Posts posted by Caseynotes

  1. 20 minutes ago, dmedin said:

    As always ... what happens on the charts is the most important thing to watch :D

    the 'up nearly 24% on the year' sounds like everyone is all ready in long but that figure comes after the big drop in Dec so not really the case, open interest is still low so there's still a lot of upside potential and we know sentiment has been low for a while but looks to have turned up recently both in emerging markets and developed markets.

    • Like 1
  2.  

    57 minutes ago, dmedin said:

    Zut alors!  It looks like it dropped beneath a triangle, but it could just be that the triangle needs redrawn.  The volume on the drop is low, and there's a 200-day SMA that might provide support.  Ooh!  Listen to me, being all technical!  😺

    perpetually redrawing TA lines is all part of the fun but with investment and experience you will be able to produce charts like the one below that clearly show so much more information than your current humble efforts 🙂

    Chart1.PNG.ec20ea87e8e453f803686243a1e8f31b.PNG

     

     

     

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  3. 2 minutes ago, dmedin said:

    Others may feel the same way, taking profits and thereby causing price to drop 🙈

    certainly the London session is showing caution but support looks to be holding so not actually pulling back any further, will be interesting to see if the US want to buy into the highs straight into the weekend.

    image.thumb.png.a400996a2d9234e8efa60d08dccccb01.png

  4. Dax and Dow continue into clear space, The Dax all time high is just ahead at 13596. Ftse and ASX still trapped by key resistance, Ftse with Brexit woes and ASX with China econ strength woes.

    Not sure today, maybe a cautionary pullback going into the weekend, not much on the calendar, continued gains today would be extremely bullish. 

    image.thumb.png.854adf4cc3c745a5f6755469a7cbfebe.png

  5. 15 hours ago, Shoehorn said:

    Hi 

    Iam new to all this dealing i just have a simple question and that is how do i set a stop loss

    Hi, I'm presuming you are meaning for the share dealing platform which is rather old and due for replacement in the new year. A stop loss is just an sell order for an equal amount as the initial buy, see this thread,

     

      

  6. wtf, I was wondering why my alarms were going mad >

    image.thumb.png.d3392cb67da57adbab37c30ea60372d6.png

     

    Michael Hewson 

    @mhewson_CMC

    China Ministry - China and US have agreed to lift tariffs as deal progresses. Amount of tariff relief in phase 1 depends on content.. Equity futures rising.

    7:26am · 7 Nov 2019 · TweetDeck

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    • Great! 1
  7. Both remain in a bull flag. Interesting lesson here. Why isn't price going higher? Bulls have driven price up but at the moment see no reason to buy the high until there is new stimulus, price drops down to the bottom of the tight flag range, bulls see that as a buy the low opportunity. Not much of a low you say but as far as the bulls are concerned it's as low as they are going to get as things stand. Bulls are clearly in control and it would need real bad news to make them cover and run. You don't need technical analysis to see this, in fact covering the chart in TA is just going to obscure the picture and mislead, or even worse, cover the chart in TA in an attempt to bolster your bias for a move in the opposite direction. TA is just an indicator and market movers will use it or ignore it as they choose, same as any other indicator.

    image.thumb.png.bda27daf17872e4af9f34f93b6467b1e.png

  8. Dax and Dow still paused at the highs, Ftse and ASX approach near term resistance. Attempts to push higher yesterday stalled on news there would be no signing of the phase 1 trade deal between US and China in November, next possible date is Dec 3rd and 4th.

    image.thumb.png.78af16a7aa9de0c26e700d8802d7f5da.png

    “Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria” - John Templeton

  9. Dax and Dow maintaining the bull flag though Dax pushed up to tag R2 after the check of support following the London open for both Dax and Dow. Now following the US open and another test of support so will be looking for a test of resistance next.

    H1 charts;

    image.thumb.png.6f835b0116e0e7b6e5d484ec69ed49b4.png

  10. 2 minutes ago, GavinB said:

    @PK128 / @Caseynotes,

    I don't think you even need to resort to the Layouts menu. Every time you change something on the chart, it gets save automatically. If you open a new one, it seems to take in the settings from the previous one (last changed)

    🙂 yes I think you're right but I wasn't sure I fully understood the question so opted for the double barrel solution. 

  11. 4 hours ago, PK128 said:

    Is it possible to change the default settings for charts?

    I usually wake up in different time zones towards the end of trading and have little time to change the settings of each chart I open to how I best analyse it. It takes precious trading moments to make the clicks. Is there a way to change the default settings for how a chart appears when it is first opened?

     

    Hi, time zones are broker stamped and can't be changed unless you use a third party platform with a change zone function like the IG RealProTime platform.

    Your chart layout can be saved to be applied to all charts by right clicking on the chart and selecting Layouts > Save as  (se pic). 

    image.png.c5a00f247205d5e6df612af5beb6824a.png

  12. Dow, Dax and Ftse put in a pause candle yesterday and not much on the calendar for the rest of the week excepting BoE rate decision tomorrow so looking for trend continuation for Dax and Dow. ASX down in Asian session.

    2 interesting stories, Remove all Emotion says Jim Simons https://www.cnbc.com/2019/11/05/how-jim-simons-founder-of-renaissance-technologies-beats-the-market.html

    And Robert Kaplan Says Steeper Yield Curve a Sign Fed Rates Now Appropriate, https://www.bnnbloomberg.ca/robert-kaplan-says-steeper-yield-curve-a-sign-fed-rates-now-appropriate-1.1343406

    image.thumb.png.b9a354d1e2ae4e26615cd5deaaefa2b8.png

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