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Online Share Trading

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Alsi Futures 03Nov10

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asylum
Super Contributor
snakepit when trading leave your market bias behind and trade whats in front of you, right now the market is telling you long is in and short is out, so why insist going short, i dont see the logic, if prices are making higher highs and higher lows why on earth would you want to short the market, why not wait for a pullback to support and then go long.
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SimonPB
Valued Contributor
depends on time frame .. on a 15 minute chart you get a much larger mix of direction ..
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asylum
Super Contributor
i agree simon but you need to know how to trade first, and if guys are holding positions overnight it dont make them 15m chart traders.omo
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SimonPB
Valued Contributor
100% agreed .. 15 minute chart is for trades measured in hours at most .. typically the 15 minute gives me trades of around an hour at most .. and never for overnight ..
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saash
Super Contributor
Yes - agree - ouch, that's a sore lesson!
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Not applicable
Ok, have not been a fan of forums coz they tend to make one question themselves...anyway just a quick question what system(s) do you guys use for your Tech Analysis?
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Not applicable
Ok, have not been a fan of forums coz they tend to make one question themselves...anyway just a quick question what system(s) do you guys use for your Tech Analysis?
0 Kudos