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RichB-Trader

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About RichB-Trader

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  1. Hello, Thanks. I have a full 50 page trading plan, overall stratagy and spreadsheet auto calculating what risks there are as well as a full trading diary. However I am still demo account as I want to fine tune my system before I go live. Maybe my question is badly phrased, maybe it should more be, does anybody have any useful sites or sources of data that give a perspective on the macro market. Breadth, sentiment, news etc?
  2. Hi, I trade US and UK equities in the FTSE, Nasdaq and S&P 500 (so all large cap) generally companies I understand there business without having to research. So typically anything from Lloyds bank, to nVidea, MGM and Persimmon. I look at around 40 stocks every day. They are all cyclical and non cyclical stocks, defensive and growth so I can see how they are all trending. My entries are based on technicals only, Patterns and volume but with a few of my favourite indicators overlaid. The main reason for my initial question is of course news and overall market sentiment influence the equity market. Generally happy with my trades but wondering if any other good data points should be included like Advance/Declines, COT Index. Trying to get ahead of those days where a trade goes “the wrong way” without notice but in hind sight there were some clues. So I guess an open question to all, what things (other than Price/Volume) do you look at? Hope that all makes sense, and thanks for your help!
  3. Hello, Thanks for your questions. I am 100% equity trading, and don’t intent on trading from the news as I am not sat infront of the computer all day in order to do this, nor do I have instant news feeds from paid subscriptions. My thinking is other than looking at price,volume and patterns what else should I look at. I use news feeds to inform me of sentiment etc. For example Facebook is very much in a bull flag however news this week means getting out of a long position may be worthwhile as the risk is mounting up. I guess the question is what else should I look at, such as COT index which @Caseynotes kindly pointed me too. Perhaps Advance/Decline (breadth) data would be another?
  4. Hi, Am I right in saying anything below 0 is short selling bias and the “Smart” money is the large speculators? Also can you get a COT for the FTSE? Thanks
  5. Hello, I am currently on a Demo account (and have been for 6 months) whilst I learn the ins and outs of trading. I have got decent consistent returns now, some losers but with Risk:Reward my winners keep me profitable. I am using technical analysis, mostly price action/volume with pattern analysis for my triggers, with MACD/RSI and MA’s providing a strength of the move risk to allow me to vary my size of trade. My question is other than the stock and the indicie such as FTSE or S&P 500 analysis is there anything else I should look at? I keep an eye on the news, Bloomberg/CNBC etc. Analysis the indicie, but I am keen to try to spot the macro trends and turning points. Thinking looking at things like market breadth for indications, which I can get from Barrons for U.S stocks but not UK (?)? Anything else worth taking a look? Thanks all!
  6. Forgot to ask, where are you streaming CNBC from? The online website doesn’t seem to work for me.
  7. I have found if you use Apple TV then you seem to get it free unlimited. Or just clear your cache and re launch the viewer
  8. Hi, Like the idea! But first where do you get the sentiment data from for indicies or stocks? Can’t seem to find it? Thanks.
  9. Is meta trader 5 roadmapped to be supported by IG? Would be great is you could as meta trader 5 allows for browser access rather than software so I can get it on my Mac. Thanks.
  10. Hello, Can I request a few more keyboard shortcuts for the IG app. I know we have Open and Positions but items such as Drawings Toggle On/Off and switch between layers would be a massive time saver. Thanks IG!
  11. CaseyNotes: Very good, 2 it is. I assume that software is MT4?
  12. Hello, Sorry no I meant have a physical moving average ontop of the volume bar chart. That was I can see if the days volume is more or less than x days moving average. Thanks.
  13. Hello, Can I request a simple moving average be able to be applied to Volume on the IG platform. I imagine you can do this on PRT but as I can't use that on my iPad I use the IG platform. Thanks.
  14. Thanks, takes a bit of getting your head around it but think I am there. So does that mean the last and lowest transaction price would have been at 145.85? Hence why when I look at the bid chart it has that number? Or is it not that simple?
  15. Hi, Thanks I will have a good look at that video. Am I correct in my logic that in my example some point yesterday there was a sell price of 145.85, at that same moment there was a buy price of 146.23. Meaning somebody actually sold at the lower 145.85? But after that the bid prices went up. Understanding it would be by the second bidding but the lowest price sold was the bid price at 145.85?
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