opened without a gap over the weekend although a big spike down at open suggests that we are straining to go short.
London daybreak strat suggests a target of 5700.
Also red across the indicies board. Oil is down a lot and that spelled bullishness for stock 5 weeks ago.
also see the head and shoulders pattern made this morn!
Hi all, It's been a few days. To be honest I've been v busy at work despite being stuck at home =|
No clear direction on the global indices today. Gapped down.
LDB strat has not been very reliable for the last few weeks, and I'm not confident in it today. I'm actually long.
No one's offered to build me a pinescript so I'm going to try build it myself today.
Although the chance of a channel break down is high, I'd put a tight stop around 5550 or something. I'd probably go short over the weekend.
LDB strategy worked yesterday for an easy 110 points... obviously normally looking for 100 points of an index at 5200 would be slightly tricky but the ADR is so high right now.
Sitting at home with a flatmate who works at credit suisse and has bloomberg access and inside info - very useful haha!
Generally everything was down across the board this morn but we had a gap to fill and we were generally oversold (when aren't we these days)
I was good on the buy but slow on the short after lunch unfortunately.
A lot is riding on the daily...
Generally down across the board on indices.
London daybreak strat has already nearly worked for 80 points.
and although yesterday's LDB strat was risky with a target of 200points, that will probably complete today. - If anyone can help me write a pine script to back test LDB strat then please message me - I can only really do MQL5
DOW and NIkkei are down. Others are up. Currencies under pressure due to the Yellen speech.
I was long at open and short at 7310 which worked well. Trade positive. It really helps trading through the day and just general mentality, you grumpy bastards. Even if I'm down I'll try to enter a mentality where I feel like I have been profitable all day and caught the...
We've had a bit of movement already in the FTSE. Down because of NK and further selling at open. Up again after hitting support (not other reason to be seen).47
5min opening bar break up worked though risky. We have not broken the opening 1h bar yet. Other trackers are mixed.
The trackers are consistently down .25% and the ftse fell overnight too stopping me out. I went short at 8am but the 5min opening bar of 15points broke up and is still hovering at that level.
The 1h opening bar is broken upwards but I don't think that it has momentum.
The 5min opening bar break up got stopped out. I'm still long anticipating the breaking of the 1h opening bar to the upside.
The other trackers are mostly down a little bit but we have a bit of a climb ahead after NK and Parsons Green.
I've been away on business but now back in London so let's get started! I've been able to make some money on my zulutrade account by following boi prod.
Opening 5min bar break down failed
Opening 1h bar is trying to break upwards. Hesitant to enter with trend because of mixed sentiment in the other trackers.
We've had abig jump down at open. Looking to close the gap by buying now. The other trackers are down a similar amount. 5min bar is risky but is still in profit. Wanting the 1h opening bar to break upwards.
We just had a bit of a move down so I am now long trusting in the support of 7400 and looking that the other trackers which are up.
5min opening bar break didn't quite work. 1h opening bar also failed. I don't think it was the CPI data that caused the drop.
Bit late today - on business in India.
All the trackers are up. Not sure what weekend news made the FTSE jump yet. I'm finding it difficult to go long or short today because of no reason to do either apart from:
The 5min opening bar broke up and is trending and still active.
The 1h opening bar broke up and is trending and still active.