Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis

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02/23/2023 at 12:01 PM #210266 quote

shug
Participant

Junior

quite a steep uptrend on this hour chart (short term)

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02/23/2023 at 12:16 PM #210269 quote

shug
Participant

Junior

Those market makers trying to scare you off your trade there LOL

02/23/2023 at 12:18 PM #210270 quote

shug
Participant

Junior

grahal any thoughts on were this market will go? thoughts?

I’m a complete learner with big moves

02/23/2023 at 1:36 PM #210272 quote

JS
Participant

Senior

I don’t use stop losses or target profits…

shug thanked this post

02/23/2023 at 3:15 PM #210280 quote

JS
Participant

Senior

System has been turned to Long… (12.215)

02/23/2023 at 4:08 PM #210291 quote

shug
Participant

Junior

Seems I’d be doing the opposite to you on both trades LOL

02/23/2023 at 4:18 PM #210294 quote

PeterSt
Participant

Master

😉
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02/23/2023 at 4:21 PM #210297 quote

JS
Participant

Senior

System is short again…

Going too fast to capture it all right now… (is also not my intention)

Good thing we acted opposite because the profits have to come from somewhere LOL…

02/23/2023 at 4:40 PM #210305 quote

shug
Participant

Junior

I have only had 15 trades today, still trying to get used to this markets moves, I have got more points on my trades so I guess that makes up for less trades Still got time for some more trades I’ll see what its doing now!

02/23/2023 at 4:46 PM #210308 quote

shug
Participant

Junior

It seems to me (I might be wrong) but are you waiting until the market moves so far in one direction and then going for that direction and if it goes the opposite way you do the same? to try to catch the main direction? If so, that’s probably why I’m going the opposite from you but whatever works that’s the main thing!”

02/23/2023 at 4:48 PM #210309 quote

shug
Participant

Junior

I just go for the direction the price is showing me at that point in time and if it lines up with support resistance even better.

02/23/2023 at 5:45 PM #210318 quote

JS
Participant

Senior

Depending on the “strength” of the price action, the system chooses a direction, indeed a kind of “trend-following break out system”…

shug thanked this post

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02/23/2023 at 7:41 PM #210330 quote

PeterSt
Participant

Master

I am really happy that I don’t have to decide over this. My guess would be Up. And faster than you can imagine. This is where AutoTrading is relaxing.
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02/23/2023 at 8:45 PM #210336 quote

PeterSt
Participant

Master

Fast (steep) enough ? N.b.: My systems are always late at the show. May be even too late. But in this case I don’t think so. Notice how the system operates the way I think. At least that is the intention. And Yes, manually I fail too. And indeed … In the 3rd screenshot you see the acceleration better. Now sitting back to see what happens next. Ready for some more ?
shug thanked this post

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02/24/2023 at 8:02 AM #210347 quote

shug
Participant

Junior

Some support/resistance NDAQ 100
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