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Is the correction over ? The way things look i believe if we do not start drooping by end of August the new bull market has already began
Friday S2L … normal has the am lod then pm hod failure is the am lod is very low. So is this rally a one day or two day wonder. Next week we have the EOM EOQ rebalance.
At first glance Ftse S2L looks positive … no trades for me.
I have a word copy of the usa turning times but did you do any research for the European times ?
I know dax /ftse has a turning point 1st hour then 30 before close, around usa open and around 13:30 news. i noticed these before i even hear about delta.
btw still not day trading.
but this week i manager to place my 1st scalp open 15:08:20 closed limit 15:08:46 +10.1 Thats 26 seconds trade
Is my only long term profitable trading plan. place 20-23 scalps a day at max leverage.
This is how i use to start with £50 and make it 3-4K in a less than a month.
Limit was either for 1 or 2 points success rate 300+ before i take a 1 loss.
i will start soon scalping with a 40k+ account my biggest problem now is I am 52 and
money can not change fundamentally my life so i luck motivation.
Khalsa DAX -400 days have been canceled did not you get the memo only +400 is allowed.
anyone know what day is today i missed the count S4 or i am wrong
yes the spike was there as always just this time the down happened at 10:11:40 to 10:12:20 and the up was there 25 points i use to do good money from these spike, when i was day trading i need to find my notes from years ago.
The drop from 6300 to 6290 after 10:15 was also part of the known move.
if i remember correct the ftse action happens between 10:10 and 10:15 i will search my
file but i remember was a spike down starting at 10:13 and then reverse to up at until 10:15.
when i was trading i remember the was a consistent down up spike at that time.
well down to the winners today
i found a nice stock in twitter copy of twit below
<span class=”r-18u37iz”>$UONE</span><span class=”css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0″> from $1.5 to $34 In FIVE f*cking days This has got to be the biggest short-term runner in my life.. from 68m market cap to 1.5 billion… in 5 days Chart says it all</span>
party like i 1999 allover again
another 400+ points overnight on dax from the close 11911.35 so the question is
if it already reached 12330 overnight where will it go next +1000 lol
see you later when i finish work
i do not get it why dax is so strong when i find some time i will look into it
nice that you guys make money today,
just closed my dow long +12.9 now it can rally or drop i do not care i am back to my original plan. When i have time i will day trade.
well done on your short Khalsa
i never had any doubt that my 23500sh dow short or 11500sh dax will come good
but normally i would hedge on the way up and down. Due to work commitment
i fail to hedge on the way up but i did hedge a few times on the way down.
made profit in the hedges but my biggest fear is about to become reality i might have to close a hedge for a loss.
Last night i went long half my position in dow at 25167sh against my system and it is possible not to see this price again.
My system says hedges should be taken only at prices that did not trade twice as they have high probability to be traded in a pull back.
So a hedge below 25K will had been valid but not where i took it.
My experience says we should not see that number today if we see it then we will delay arriving on the final destination which is to close my short.
The dilemma is do i put a limit for BE but if it goes to 25167 for sure will go more than that so all dependence if i have time to screen watch.
Hedging a hedge had lead to disasters in the past so i will not do it i rather take a loss at some point.
A weekend thought. apple this week was near 10% above previous ATM before covid and Chinese trade war.
So now that they have problems manufacturing and selling are worth 10% more.
of course is a FOMO bubble like 2000 but for us as traders we should not care about that
just go with the flow and make money.
closed 1/2 hedge 25423.1 naked again nice 249.90 ig should had give 0.1 more to make it round number lol
long 25173.2 hedge £1 half the £2
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