I was looking to go long again in URA. However, the daily candle
formation doesn't make me too enthusiastic. Having said that, it is
retracing here to its diagonal breakout. So really unsure on it
here. I feel LT it will be strong so its all about timing a
"reasonable" re-entry
Sometimes I feel the market is destined to fall. Tax y/end
tomorrow amd Middle East turbulence. Which probably means we rally
tomorrow in a contrarian move!!
I look at this like Steveo. Bottom line, PF 1.85 doesn't make me
keen to allocate any capital. I have had a similar experience of a
few back to backs with URA. Not sure on the PF there.
Not the best drawn illustration. VZLA looks like its forming a
"W-Shape pattern". May have legs if it breaks up decisively from
here. Perhaps to $1.70 - $1.80 as a measured move
.....and if that doesn't play out....a Rounded Bottom (rather
like mine!
)
Yep spot on. I find that these articles/videos etc are great
headline grabbers. Usually bearish ones grab more views I would
guess. Also these "Gurus" have no accountability. Ask them for
their track record if you truly believe in one technician or
blogger. They will soon run to the hills. Develop your own system
with firm risk and money management disciplines in place. If 30
years of trading has taught me one key lesson, then this is it.
Great newsletter Matt! Thankyou. I wanted to just check......For
Oil, does a 5th wave not normally need some form of divergence in
MACD? I guess I am asking if the 5th wave low is in or whether
there is one more possible push down
Hi Matt. Great newsletter! I wanted to get your views on URA. I
can't quite see the C completing down. Candlestick patterns look
bullish. Do you think the structure still favours an ABC or has it
potentially turned here? I am nibbling away at buying it and will
average down if a clear ABC transpires. Would welcome thoughts
Yep. I use MT5 daily. It looks pretty "basic". Not like TS or TV
for example. I can code Easylanguage and Pine but have not really
got the hang of Metaeditor programming.
My suggestion is to download the platform and then as part of
the process, you usually have to register on the MT Forum. This
forum is rich in resource, cheap coders, trade ideas, platform tips
etc. You can post your queries re: Coding (Think its C+
language)
Give it a go. Its free to download and try on a demo account
Just as FYI, the difference between MT4 & MT5 is that MT5
opens up trading for stocks and ETFs aswell whereas MT4 is vanilla
just focusing on FX, Core commodities and Indices. So go for MT5.
Its tutti frutti rather than plain vanilla
If being short was part of a plan, then its fine. I was also
short today but its part of one of my swing trading short term
strategies and the PFs are good so I am not worried about
today.
Its being short on an uncontrolled basis which I would think is
rough. And I, just like most others have been in that boat (long
time ago). Key is to have a plan, Risk & Money Management and
strategies that work. Then I personally blank everything else out
as I trust the strategies
The community is delayed by three days for non registered users.
That could easily morph into
FCX
Posted by vimal on 14th of May 2024 at 10:36 am
That could easily morph into a bearish rising wedge. I feel like it's due a pullback. Need a trigger though. I certainly wouldn't buy here
I was looking to go
URA - Uranium pulling back to support. Could make a ...
Posted by vimal on 8th of May 2024 at 10:13 am
I was looking to go long again in URA. However, the daily candle formation doesn't make me too enthusiastic. Having said that, it is retracing here to its diagonal breakout. So really unsure on it here. I feel LT it will be strong so its all about timing a "reasonable" re-entry
Sometimes I feel the market
US Dow weekend trading. Dow down 350pts after Iran news.... ...
Posted by vimal on 14th of Apr 2024 at 05:40 am
Sometimes I feel the market is destined to fall. Tax y/end tomorrow amd Middle East turbulence. Which probably means we rally tomorrow in a contrarian move!!
US Dow weekend trading. Dow
Posted by vimal on 13th of Apr 2024 at 06:08 pm
US Dow weekend trading. Dow down 350pts after Iran news.... https://www.ig.com/uk/indices/markets-indices/weekend-wall-street
ig.com
Trade Weekend Wall Street | Live Weekend Wall Street Stock Index Price | Weekend Wall Street | IG UK - IG UK
Weekend Wall Street [UK]
see Matts post 21st Feb
End of day buys from the Finviz list - ABUS, ...
Posted by vimal on 6th of Apr 2024 at 02:54 am
see Matts post 21st Feb for a scan suggestion
I look at this like
On a new STS Long, for EBAY I placed an ...
Posted by vimal on 21st of Feb 2024 at 12:33 am
I look at this like Steveo. Bottom line, PF 1.85 doesn't make me keen to allocate any capital. I have had a similar experience of a few back to backs with URA. Not sure on the PF there.
The bulls have the ball.
Posted by vimal on 2nd of Feb 2024 at 05:34 am
The bulls have the ball. BALL should definitely have the ball
Bullish Volume breakout and MACD curling up.
https://schrts.co/MNDhyAuX
Not the best drawn illustration.
Posted by vimal on 8th of Jan 2024 at 02:08 pm
Not the best drawn illustration. VZLA looks like its forming a "W-Shape pattern". May have legs if it breaks up decisively from here. Perhaps to $1.70 - $1.80 as a measured move
.....and if that doesn't play out....a Rounded Bottom (rather like mine! )
Yep spot on. I find
This dude has been good. Nailed the bear market lows ...
Posted by vimal on 31st of Dec 2023 at 12:49 pm
Yep spot on. I find that these articles/videos etc are great headline grabbers. Usually bearish ones grab more views I would guess. Also these "Gurus" have no accountability. Ask them for their track record if you truly believe in one technician or blogger. They will soon run to the hills. Develop your own system with firm risk and money management disciplines in place. If 30 years of trading has taught me one key lesson, then this is it.
This is a v. Good
I'm confused. How do you decide when to use the ...
Posted by vimal on 20th of Nov 2023 at 11:09 am
This is a v. Good point
Great newsletter Matt! Thankyou. I
Weekend Newsletter and Youtube Video: November 19th, 2023
Posted by vimal on 20th of Nov 2023 at 05:04 am
Great newsletter Matt! Thankyou. I wanted to just check......For Oil, does a 5th wave not normally need some form of divergence in MACD? I guess I am asking if the 5th wave low is in or whether there is one more possible push down
Sorry ignore above. Just seen
Hi Matt. Great newsletter! I wanted to get your views ...
Posted by vimal on 20th of Oct 2023 at 04:50 am
Sorry ignore above. Just seen Chart 42 on the newsletter
Hi Matt. Great newsletter! I
Posted by vimal on 20th of Oct 2023 at 04:26 am
I like the inclusion of
Posted by vimal on 10th of Oct 2023 at 03:43 pm
I like the inclusion of targets for the trade ideas in the Newsletter
Try TradingView with the code
What trade algorithm Back-Testing platform would you recommend? Trade station ...
Posted by vimal on 12th of Sep 2023 at 10:57 pm
Try TradingView with the code there being Pine. Failing that, Ninjatrader.
Credit to yourself Steve and
China Names Updated
Posted by vimal on 28th of Jul 2023 at 10:36 am
Credit to yourself Steve and to Matt. The trade ideas you post are good. I do not follow them enough to be honest but they are good picks for sure.
It's perfectly fine at my
Newsletter audio is really garbled...anyone else have this problem?
Posted by vimal on 25th of Jul 2023 at 11:55 pm
It's perfectly fine at my end. Try listening on a different device. See if it makes a difference at your end.
Yep. I use MT5 daily.
Is anyone familiar withMetaTrader 5It has good reviews, but some ...
Posted by vimal on 20th of Jul 2023 at 04:40 pm
Yep. I use MT5 daily. It looks pretty "basic". Not like TS or TV for example. I can code Easylanguage and Pine but have not really got the hang of Metaeditor programming.
My suggestion is to download the platform and then as part of the process, you usually have to register on the MT Forum. This forum is rich in resource, cheap coders, trade ideas, platform tips etc. You can post your queries re: Coding (Think its C+ language)
Give it a go. Its free to download and try on a demo account
Just as FYI, the difference between MT4 & MT5 is that MT5 opens up trading for stocks and ETFs aswell whereas MT4 is vanilla just focusing on FX, Core commodities and Indices. So go for MT5. Its tutti frutti rather than plain vanilla
If being short was part
VIX lod. Out of the money call buying exploding to ...
Posted by vimal on 18th of Jul 2023 at 05:58 pm
If being short was part of a plan, then its fine. I was also short today but its part of one of my swing trading short term strategies and the PFs are good so I am not worried about today.
Its being short on an uncontrolled basis which I would think is rough. And I, just like most others have been in that boat (long time ago). Key is to have a plan, Risk & Money Management and strategies that work. Then I personally blank everything else out as I trust the strategies
That's my pennies worth so hope it helps!
Well done Steveo!!! Some good
XP nice
Posted by vimal on 18th of Jul 2023 at 12:58 pm
Well done Steveo!!! Some good news to journal for sure!!