dmedin
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Everything posted by dmedin
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FTSE stocks are showing 'auction' status after the 16:30 close! It's all go at IG's IT department!
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Apparently the 'notional value' of all my trades since I started is over £8 million 😮
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Just seen this! It's amazing! 👍🥳
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SignalCentre's only published performance data is for simulated trades in EUR/USD in 2017. And their description of how they measured their performance is as clear as mud. https://signalcentre.com/aboutr-trading-performance/
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..
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They're working but they are as useless as ever ... avoid
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Wowsers!
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On the way back up ... patience is required with these stocks. 🤔
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Yes it would be useful, because you can quickly cross-reference what you're looking at on other websites that use the ticker name.
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Reason number 10: they actually try to trade instead of making money off videos, books and talking about trading in general (being a guru). The more you trade, the more you lose.
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Will be interesting to watch on Wednesday.
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GBP has totally **** the bed, probably the Yanks and the billionaires reacting to Labour's manifesto.
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Why Technical Trading Signals Stopped Working
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If it means coffee prices go up I will certainly be a loser, because I drink it by the gallon
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Wow...
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It's not just about making money, but whether active trading beats other strategies - the only strategy that has come anywhere close to being 'proven' for retail clients is to buy and hold diversified/market replicating stocks over the long term.
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lol! Maybe I need a wife.
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And back down it goes ... Maybe this is an example of what is called 'priming the pump' (putting money back in to the market, in order to short it back out again.)
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@Mercury This is what I was trying to get at earlier. Basic trend analysis seems to be far more useful than supposed wave counts.
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How to trade the UK election
dmedin replied to CharlotteIG's topic in General Trading Strategy Discussion
https://uk.reuters.com/article/uk-britain-election-farage/brexit-party-leader-farage-promises-to-continue-campaigning-idUKKBN1XW1FK If England ends up with a Johnson-Farage revolution, that will be great for business and the pound ... no reason for such an enormous slide off the back of a small decline in flash PMI. -
How to trade the UK election
dmedin replied to CharlotteIG's topic in General Trading Strategy Discussion
Well ... That didn't work out so good. OTOH, if the pound really falls then it means we are going to get a Marxist government - which I for one am looking forward to. -
That's a far better analysis than many of the daily ones we get on IG ...
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Basically ... trading sideways for now. Stay away.
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Stock market turning points - are we there yet?
dmedin replied to Mercury's topic in Indices and Macro Events
@Mercury Do you agree with John J. Murphy's statement that EWP should be considered a partial solution and should not be over-relied upon? I guess not, as you say you use it to try and find out where the market is from a longer-term perspective? -
USD/Yen is showing what I call a clusterfck pattern:
