Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members
22nd March 2018
Quote from
Nick on 22nd March 2018, 9:10 am
Short the rallies today as the FTSE100 collapses like the English cricket team
Short the rallies today as the FTSE100 collapses like the English cricket team
Quote from
Nick on 22nd March 2018, 10:17 am
Got a short on at 7029 after being long for that initial bounce so panning out well. Think we break 7000 properly though
Got a short on at 7029 after being long for that initial bounce so panning out well. Think we break 7000 properly though
Quote from
Nick on 22nd March 2018, 10:52 am
Todays post here
Todays post here
Quote from
sharmabee on 22nd March 2018, 12:22 pm
Morning Nick ! Your call on BOE is short right?
Morning Nick ! Your call on BOE is short right?
Quote from
Nick on 22nd March 2018, 1:21 pm
Just stay short now really, BOE or not. 6915 and 6800 coming
Just stay short now really, BOE or not. 6915 and 6800 coming
Quote from
Nick on 22nd March 2018, 2:00 pm
Quote from Nick on 22nd March 2018, 10:17 am
Got a short on at 7029 after being long for that initial bounce so panning out well. Think we break 7000 properly though
Stop is at 6960 on that short now
Quote from Nick on 22nd March 2018, 10:17 am
Got a short on at 7029 after being long for that initial bounce so panning out well. Think we break 7000 properly though
Stop is at 6960 on that short now
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
Quote from
Nick on 22nd March 2018, 2:27 pm
And out 6949
And out 6949
Quote from
anstel on 22nd March 2018, 3:17 pm
I've struggled today ...just glad I took a chunk off yday at 41.8 everything else ive done tday has been wrong I'm long again now lowest from 47.3....
I've struggled today ...just glad I took a chunk off yday at 41.8 everything else ive done tday has been wrong I'm long again now lowest from 47.3....
Quote from
anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Quote from
anstel on 22nd March 2018, 3:36 pm
Ftse down about 850 points or so this first quarter.....that's a lot of value peeled off it....
Ftse down about 850 points or so this first quarter.....that's a lot of value peeled off it....
Quote from
anstel on 22nd March 2018, 3:47 pm
Just going to close I think....I'm finding this hard....
Just going to close I think....I'm finding this hard....
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
Quote from
anstel on 22nd March 2018, 4:05 pm
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Quote from anstel on 22nd March 2018, 4:05 pm
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Chin up Anstel.. less is more in these conditions, completely different to last year. Last year I mostly used the 5 min and hourly charts, this year I'm more 1 hour, 4 hour and daily.
Need to try and trade with the trend (I know its easier said than done), and watch what happens at the big pivots. Keep losses on a tight leash and don't add. Usually when it bottoms there's capitulation like we had on 9th Feb. Until that happens rallies will probably keep getting sold off.
Nothing wrong with longs but need to put them on at inflection points so you can ditch on a breakdown... if you're trading miles above support and go long its a mess.. same with shorts really, have to wait for rejection.
Personally thinking there's more down in this as long as trade under 7000. Will see if US markets can make their way back to the Feb lows.
Quote from anstel on 22nd March 2018, 4:05 pm
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Chin up Anstel.. less is more in these conditions, completely different to last year. Last year I mostly used the 5 min and hourly charts, this year I'm more 1 hour, 4 hour and daily.
Need to try and trade with the trend (I know its easier said than done), and watch what happens at the big pivots. Keep losses on a tight leash and don't add. Usually when it bottoms there's capitulation like we had on 9th Feb. Until that happens rallies will probably keep getting sold off.
Nothing wrong with longs but need to put them on at inflection points so you can ditch on a breakdown... if you're trading miles above support and go long its a mess.. same with shorts really, have to wait for rejection.
Personally thinking there's more down in this as long as trade under 7000. Will see if US markets can make their way back to the Feb lows.
Quote from
anstel on 22nd March 2018, 7:17 pm
Quote from Mcgcapital on 22nd March 2018, 6:27 pm
Quote from anstel on 22nd March 2018, 4:05 pm
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Chin up Anstel.. less is more in these conditions, completely different to last year. Last year I mostly used the 5 min and hourly charts, this year I'm more 1 hour, 4 hour and daily.
Need to try and trade with the trend (I know its easier said than done), and watch what happens at the big pivots. Keep losses on a tight leash and don't add. Usually when it bottoms there's capitulation like we had on 9th Feb. Until that happens rallies will probably keep getting sold off.
Nothing wrong with longs but need to put them on at inflection points so you can ditch on a breakdown... if you're trading miles above support and go long its a mess.. same with shorts really, have to wait for rejection.
Personally thinking there's more down in this as long as trade under 7000. Will see if US markets can make their way back to the Feb lows.
Thanks Mcg i have big problems with pullbacks....I don't mind taking losses so that's an improvement .....sometimes you know, I think I'm never going to get the hang of this...but everyone get losing periods so I will just brush it off and carry on.....you were right all along...well done...that's experience I guess...oh well onward and upward... I just remember all the good trades ive done and take reassurance from that....cheers...
Quote from Mcgcapital on 22nd March 2018, 6:27 pm
Quote from anstel on 22nd March 2018, 4:05 pm
Just going to close I think....I'm finding this hard....
Quote from Mcgcapital on 22nd March 2018, 3:52 pm
Quote from anstel on 22nd March 2018, 3:20 pm
Quote from Mcgcapital on 22nd March 2018, 2:05 pm
Deleveraging here at 6940.. first pivot on the downside nearly hit. Absolutely no signs of a bottom and still think we drop further, but was very heavily short
You have some guts I couldn't have shorted big at these levels....
Trend is down.. it needed to hold under 7100 the other day and it did. Not sure where the bottom is now, could go as far as 6600. 6620, 6800 and 6930 big supports but 6930 not going to hold with this momentum
I kept thinking it would push above the 50 on the 5 min and hold....my fault I was trying to anticipate a reversal.....all part of the learning process but that hurt ....
Chin up Anstel.. less is more in these conditions, completely different to last year. Last year I mostly used the 5 min and hourly charts, this year I'm more 1 hour, 4 hour and daily.
Need to try and trade with the trend (I know its easier said than done), and watch what happens at the big pivots. Keep losses on a tight leash and don't add. Usually when it bottoms there's capitulation like we had on 9th Feb. Until that happens rallies will probably keep getting sold off.
Nothing wrong with longs but need to put them on at inflection points so you can ditch on a breakdown... if you're trading miles above support and go long its a mess.. same with shorts really, have to wait for rejection.
Personally thinking there's more down in this as long as trade under 7000. Will see if US markets can make their way back to the Feb lows.
Thanks Mcg i have big problems with pullbacks....I don't mind taking losses so that's an improvement .....sometimes you know, I think I'm never going to get the hang of this...but everyone get losing periods so I will just brush it off and carry on.....you were right all along...well done...that's experience I guess...oh well onward and upward... I just remember all the good trades ive done and take reassurance from that....cheers...
Quote from
Jack 2 on 23rd March 2018, 2:52 am
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Quote from
anstel on 23rd March 2018, 11:53 am
Quote from Jack 2 on 23rd March 2018, 2:52 am
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Hi Jack...I was trying to get the reversal but made a mess of it....I trade more short now than I did but still find it difficult....nice to hear from you...all the best...
Quote from Jack 2 on 23rd March 2018, 2:52 am
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Hi Jack...I was trying to get the reversal but made a mess of it....I trade more short now than I did but still find it difficult....nice to hear from you...all the best...
Quote from
Jack 2 on 25th March 2018, 10:53 am
Quote from anstel on 23rd March 2018, 11:53 am
Quote from Jack 2 on 23rd March 2018, 2:52 am
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Hi Jack...I was trying to get the reversal but made a mess of it....I trade more short now than I did but still find it difficult....nice to hear from you...all the best...
I’ll catch you up later. Have a good weekend.
Quote from anstel on 23rd March 2018, 11:53 am
Quote from Jack 2 on 23rd March 2018, 2:52 am
Sorry to hear that, anstel, why were you long? It was obvious something nasty was about to happen after FOMC yesterday. Big news today, all supports were broken. I hope you managed to settle your loss. Don't trade long all the time. Sounds like a dangerous strategy. Nick adviced to stay short above.
Hi Jack...I was trying to get the reversal but made a mess of it....I trade more short now than I did but still find it difficult....nice to hear from you...all the best...
I’ll catch you up later. Have a good weekend.
