Any Instrument – Discussions on Price Action, Technical & Fundamental Analysis
- This topic has 251 replies, 9 voices, and was last updated 1 year ago by
.
-
annoyances are collected in that other topic
Yes I agree, the ‘Odd Happenings’ Topic you mean.
(I had it twice last Friday in Live
Do you mean the min distance Reject?
Other than a Yes to above … further discussion re Annoyances etc to be entered in ‘Odd Happenings’ Topic.So if I post results on the trading without indicators thread and just post ideas etc on US30 analysis on this thread does that keep everything right?
Yes we be all good then.
This Thread is also be for analysis of other Instruments, we need to enter which, at start of any comment, e.g. FTSE 100, US30, DAX, US500 etc.
Ha we are doing ‘Self_Moderation’ now … MODS will be pleased!! 🙂
1 user thanked author for this post.
US30 / DJI
Looks like DJI is doing similar to yesterday … consolidating until 12 / 13:00 ish and then hopefully another leg upwards!
1 user thanked author for this post.
Psychological game this is! have you ever tried to change someone’s belief on religion? Think of how hard that would be! same with markets, if you have a belief on a market going a certain place, even though price starts going the opposite way we hang in there until we need to start using that religion and praying for it to come back! moving stop losses in the hope it returns and talking to ourselves to try to confirm our previous analysis and all the while price just keeps going against us. Go with the flow of the markets, if you get it wrong be quick to admit to yourself that your original belief has to be wrong at this moment in time and do something about it! even if its reducing the size of the position until the market swings. Is better to take less of a loss than hang on to a false belief and empty the account trying to prove the market wrong.
Just my own opinion
IMO/IME self-confidence plays a super large role. Additionally it is an adrenaline thing that makes you decide right. Or which makes you dare things (with confidence) which you otherwise wouldn’t attempt.
And indeed, once in a while you’d wish adrenaline did not exist.1 user thanked author for this post.
Why are you not trading the Dax at this time, but the Dow? It’s trading time for the Dax. The Dow only opens in the afternoon and now has a wide spread.
Maybe somewhere this boiled up in your head ? The DAX’s behaviour is exactly the same as the large American financial futures. Hence without the latter, the DAX isn’t going anywhere (try Independence Day and such). So the DAX too is going to move when the US opens.
In my experience there is one exception : the closure of Europe (stocks). In our time this is 17:30 and this is the typical time to trade the DAX (and other European futures) because usually then it “starts to happen” which is most often the other way than the US futures as well (you can’t depend on that but at least at this time the correlation vanishes).
Btw, nothing has a “wide spread” as such, if you only don’t trade with IG …
(spread with IB is always the same)And attacking spread is for scalpers, right ? or Autotraders. 🙁
1 user thanked author for this post.
keeping a trading journal
Not much time to keep a record of conditions to enter, exit and what went wrong or right as recommended for a Trading Journal.
I guess above is the ‘sense of humour’ reference … made me smile anyway!
I’ve never kept a Journal either, not saying it’s not beneficial to do so, but it’s all down to our personalities?
Anybody use / record in a Trading Journal?
1 user thanked author for this post.
Find exclusive trading pro-tools on 
