Anybody feel free to contribute to / discuss : Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis
Fundamental Analysis also can be discussed.
This Topic spawned out of discussions that started here …
Trading without indicators
I only trade SP500… now is that good or bad?
Thinking about it, there’s likely to be few contributors, so let’s have this Topic as …
Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis
MODS
Please would you change the title of this Topic to read as above in bold.
Also please change my original post to read …
Anybody feel free to contribute to this Topic: Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis
Many Thanks
US30
Looks like we might have a turning point!?
I’m out until we get back to 34000 ish … a ‘stale bull’ I think the term I’ve seen used!? 🙂
And the market runs in the long direction in the evening… 😉
shugParticipant
Junior
I only trade US30 at this time I know US30 does effect a lot of other markets but not sure of the corelations between them all
shugParticipant
Junior
I would like to see US30 heading back up but this daily chart is making me have second thoughts
The 1 hour chart looks like a strong up move with momentum but it has resistance if you look to the left of the screen. It it breaks that resistance and it becomes support next stopping point should be 33715 the downside move could bounce at the support at 32840
It is hard to find *no* correlation between them all. 🙂
shugParticipant
Junior
Should be strong support at this level but if it breaks its a long way down !!!
shugParticipant
Junior
No announcements I’m aware of out today so I’m not expecting any spectacular moves either way, I will be keeping an eye on the daily highs and lows on the 1 hour chart.
US30 / DJI
Anybody else getting Rejects for being too close to price with an Order?
At 9:30 am today the Reject message stated 834 points is minimum distance … see attached.
The Reject was on a Buy Stop / Open Long Order, not even a Stop Loss!!
Same System just failed again at 12:30 with exact same Reject error message … 834 points minimum distance etc.