gloveski
most of my trading with BHP is Time and Price setups and day counts, i rarley use more than 3 indicators, too me its too much noise and clouds the decision process.
As for the day playing i do
I wait for the first range of the day and then usually trade the fib levels all day and the above indicators will offer sells on profit for me. These are all thats all the chart and they are merely confirmations
- stochastics
- MA 50 and 20
- PSAR
- bollinger bands
I think Gunntrader is perfecting a divergence thingy, and he shared an overnight trade he did on the FTSE last night with me, i had to turn it upside down though (it was a short) to congratulate him LOL.
Must admit was clever work, flic him an email. If not he is up here for a Bull Camp in Noosa next week i will tell him LOL
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$40.55 |
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Open | High | Low | Value | Volume |
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1 | 820 | 40.520 |
1 | 1200 | 40.510 |
3 | 1496 | 40.500 |
2 | 3850 | 40.490 |
Price($) | Vol. | No. |
---|---|---|
40.550 | 7291 | 1 |
40.560 | 14405 | 2 |
40.570 | 7304 | 1 |
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