From my experience with CFDs, Indices are more sensitive to market sentiment & news than currencies.
Keeping track of funding currency (JPY and EUR) charts can be helpful for confirmation.
S&P DOWN <--> UJ DOWN
S&P UP <--> UJ UP
Search found 115 matches
- Thu Jan 21, 2016 5:37 am
- Forum: TheRumpledOne
- Topic: Three Charts
- Replies: 317
- Views: 124102
- Gender:
- Thu Jan 21, 2016 4:57 am
- Forum: TheRumpledOne
- Topic: The ideas that I trade by:
- Replies: 4535
- Views: 2058003
- Gender:
Re: The ideas that I trade by:
Before we can talk about winning we have to talk about losing: Losing it all is harder than you think. At a maximum risk of 1.5% it would take about 2 weeks of 100% losers (blowing up your space) just to move down 1 level where as any single win (a %target) will move you up one level. [$5,000.00] <...
- Wed Jan 20, 2016 2:01 am
- Forum: TheRumpledOne
- Topic: The ideas that I trade by:
- Replies: 4535
- Views: 2058003
- Gender:
Re: The ideas that I trade by:
MightyOne, To have a sincere go at turning 5000 USD into a million by end of 2016, what sort of money management & risk management strategy do you employ/recommend? Of course, considering that it does not matter even a bit, if entire 5K is lost whilst trying.. :roll: "To every man there ope...
- Wed Jan 20, 2016 12:56 am
- Forum: TheRumpledOne
- Topic: Three Charts
- Replies: 317
- Views: 124102
- Gender:
Re: Three Charts
Enter within SPACE when price is moving away from your stop & preferably when price is on the other side of a line; that is all that there is to it. FLOG (for the love of GOD), don't focus on technical analysis, focus on Space. Your entry is your stop loss, your trigger is a horizontal line, &a...
- Thu Jan 07, 2016 4:56 pm
- Forum: TheRumpledOne
- Topic: Three Charts
- Replies: 317
- Views: 124102
- Gender:
Re: Three Charts
Angles are 15* (I think). It took a bit of thought: considering the fast moves, finding an obvious cone, projecting, quartering, thinking... but we got'er'done :lol: jr_003.png I know that it looks impossible to grasp, but there are just a few simple rules: 1) search for the cone first 2) cut throu...