Member Info for Optimus

Hello All great to see you Hot on the board and many thanks for that link and your thoughts on Stochastic. Picked up 30 points shorting AUDJPY........... Joys of joys ....... Had to have the misery of it rocketing north throughout last night but it came good about half an hour ago. I can put the tissues away now and think about "beer" instead. JD The Prime............ if only i could trade like he transforms!! . Hot be carefull about buying more ITV ......... thats how i ended up with a shed load of the dog shares.... Sanisburys. Ive been putting off the flu jab as i know it knocks you up. Next week maybe. GL all

Hi guys got stopped out of my gold positions on Friday, A massive CAR on the hourly lost a fair bit and now its shooting back up again on risk buying.... I cant tell but you i am sobbing bucketfuls pass me another tissue please!!!! Task you ask about Stochs 5 3 3 is what i use its fairly fast but ideal for trading i think. IG sometimes have theirs set at 14 3 5 it rounds it all out more, probably good for longer term daily and weekly trades........... Its an interesting point though would be helpful to find out what others use. Shoved my 2k profit into SSX Sirius minerals on the low of the day today Investors chronicle have given it a buy and taken it off risk so am hoping!!! Plus techs are s not too bad ........ No trading today been out and about.. Thanks Ariel for update ......... Gl all . PS back to the tissues

Ftse going great guns. I had a short on USD JPY pair this morning but disappointly got stopped out on Boe announcement spike only to see it immediately go my way.....So went off for a hair cut and to sulk.. I might have another look at the markets later good luck all ....Can't win them all I suppose @

Hi Task well done on your hils.......... Yes USD/JPY.......... pairs dont always agree with the charts they sometimes twist about like a snake depending on whats driving them ...... take USD CAD this pair is affected by the price of oil, as Canada exports a lot of oil............. so if the price of oil starts to drop then the USD CAD will usually go up and vice versa. In fact its one i usually avoid because of oil price bouncing about.... .....Also i have found when the dollar goes down silver goes up... Yes gold is putting in a strong performance I am still holding!! GS thanks i thought i would bank some whilst those indices where so high........... Be interested to know where your son lands re his UNI place

Out at 11387........... Happy days .......... we should have gone into hils today as well. Sorry Task didn't get onto trading till this afternoon was out all morning so couldn't respond to your 08.18 post. I know you are an experienced trader but pairs are really difficult until you get a handle on the correlation and fundamental announcements ...... EG this one Nikkei index and dollar basket.. Ill try and post some correlation thoughts when i have a minute GL all

Task.... currently short on the USDJPY pair Its bounced perfectly off the trend line at 11428. The Nikkei rolled over in perfect correlation and down it went........ watching the Nikkei like a hawk and the dollar basket...... would like to get out before FOMC at 7 pm . Sold SMT today before the Dow rolls over and and BGFD whilst the Nikkei was at the top of its trend ( �2 k profit) a nice lump to reinvest elsewhere. Plus a takeaway i think lol

Yes its doing really well it has just hit 50 fib.... but its at the top of the stochastic ....... So it will either push on past the 50 fib and keep on going or stall re - trace a bit before going back north..... could try it with using stops but keep an eye on the FTSE /

Task. Ive been out a lot of the day......... then my internet wouldn't let me on to any sites....... i spent a couple of hours re configuring my VPN through Chrome . All sorted now....... yikes USDJPY pulled back but much further than i expected . Wierd things currency pairs............ Trying to understand this one......... Two trades in one, So shorting USD/JPY ... Ok so you are selling US dollars to buy Japanese yen, . its correlated with the Nikkei So if the Nikkei index goes up that not got for our short, and the Nikkei index put in a sterling performance today up it went and it kept going. ....... Ok as soon as the Nikkei rolls over and i think that will happen reasonably soon as it must be near the top of the trend , we will sell our dollars to by yen EG our short I am going to short it too......... Keep an eye on the Nikkei to roll over............ plus everything else of course lol Well done on your trades. Just going to take a look at the Hils chart now GL all

I think your PZC IG price issue could be to do with the Price button ( i am only guessing but ive been caught out before in the same way. Its because they have a MID , BID and ASK price. Its set at mid by default but you can play around with it and it changes the chart dramatically. I have phoned up in the past and complained but its never got me any where just have to notch your stops up by another point or two. . With your USDJPY trade you cold take the profit now and open up a new position on the pullback or keep adjusting your stops down as you are doing . HFD sort of looks like it might turn down.............. slightly mixed signals on the daily. Weekly well into a downtrend though..................... Depends on the FTSE If that rallies HFD might rally with it ............ you could put a tight stop on it and try it as long as no divis are imminent. GL all

Task well done on that trade it was difficult to call as its still technically in an up trend and a bit choppy. Yes i see it bounced bang on the 50 fib and now its consolidating a bit... If you can get a 4 hrly close past the 50 fib it should keep on going south. ( fundamental announcements of course could change everything ) but next target would be 112.80 112.70. ( which it could do in the Asian session Gs well done on your small profit wasn't it Warren Buffet that said a profit isa profit !! plus he also said never buy and hold airlines Lol . GL all

Hi guys ........... Task i hope you got some good points out of the USD /JPY short , are you still in? It was a bit of a slow burner but got going eventually. retraced a bit now i think. Ive been shorting the EUR.USD today on ten min channels got most of them right ........16 points. Gs looks like IAG have recovered a bit now. (Typical of the market) Off for a walk in the sunshine now. GL all

I see what you are saying about the weekly and the daily chart on the USD JPY but just be careful because on the 4 hrly it could well bounce back of the bottom of the 4 hrs trend line and head north again up to ultimately 114.5. Prudent use of stops is the way as you are in. gold yes technically you are right I am stuck in for now and hope for some risk buying to get me out if not its going to be a loss for me

Gold more likely to hover around the 1250 if it carries on in its bearish direction but yes it could carry on down to 1200.. ....... Geo political events currently bringing the bulls back in on gold ( Catalonia )................. If Kim Jon kicks off again up it will go. Gold is a really difficult commodity to hold right now. Its bearish with traders but bullish with risk aversion traders. USD/JPY i see why you are short on this pair but its currently a little oversold. The difficulty here is that the dollar is relatively strong and that pair are technically in an up trend if the dollar strengths continues it will keep the USD JPY in that trend. Hopefully you will get some points out of it but be careful, if the dollar keeps going up. Do keep an eye on the dollar basket if thats bullish your pair will go up............ Incidentally the dollar basket goes up and down in the opposite direction in sequence with the EUR .USD pair........ Tuesdays Wednesdays and Thursdays are the best days for trading.. Monday the bankers are getting into their positions and its still unclear which direction pairs are going.. Friday some big options are being completed on the London and New York cut which can bring T/A in to total disaray. GL . will be back tomorrow

Task been otherwise occupied today ............ Ill check out the charts and get back to you tomorrow. Opti

The share buy back its been going on it seems almost forever. Are the MM�s manipulating the price for NG to get them on the cheap? Who would it surprise, nobody? Why do NG want to buy so many shares back and put them into treasury? They currently have 219,455,325 Are they scared of a hostile takeover, the more shares they have in treasury the better it would be for that purpose, a controlling interest � So in theory the more shares NG buys back the better the value of the remaining shares for the shareholders and the SP should go up, but as we all know it hasn't, it keeps going down. I am not an accountant but I know that share buy backs are sometimes done to improve company�s financial figures. EG: to improve their P/ E ratio or EPS earnings per share, this isn�t always good for the shareholders. I would like to know what they are going to do with these re purchased shares. They can put them back on the market any time they want too, they are not retired shares. They are just sitting there for who knows what, to raise funds maybe or director giveaways. . I don�t know, but I am a somewhat disgruntled investor who found the special dividend earlier this year a total farce, only to be followed up with a descending SP but like all the other PI�S on here I would like to see these going back to reasonable levels.

Task IG like a long wick do you mean a bit like a exhaustion candle lol . This weeks T of t. Week is like a hanging man candle. NG cant really understand it beyond what ive already reported on here.... Its bizarre they are a monopoly ( so no competition) highly successful in the USA....... oh well lets see what tomorrow brings.. the FTSE is now in a down trend, some futures speculation propped it up a bit but i fear that could be wiped out in the Asian session and tomorrow but i hope not!!

Oh dear what another weird day.......... Ftse dropping like a stone............ Another IG trade of the week down the drain 4th on the trot i think they have got wrong. Peeps who took that trade had a 64 points stop on it and they were stopped out today... Fortunately i dont take them far to much volatility..... Task you should have got your talk at 205 if you went in ....... Gs.... NG in trouble again today i picked up another trance at 907 but wished i hadn't.... humbug ....... only bright spot a couple of divergence shorts on the EUR/USD in and out

Task............ Yes Spot gold at 1295 would put me in the black. I have two positions running. one low one high. It looks like it just going back and forth for now.. Friday when Trump picks the next Fed chair person should see some movement. I am hoping it will be Janet Yellen again she is more dovish. If they get someone hawkish it will put paid to gold longs for a while.. Talk talk ( charts) looks slightly like its going up on the daily ( 220 tops if you are very lucky) big if, but what a horrible chart with all those random spikes. I think you might pick it up at 205 or 206 tomorrow. It depends on the FTSE..... Ftse not doing to well just ranging. careful though to my cost i know that the comms sector has a habit of jumping all over the place.

Hi Guys actually managed to pick up a short of of Brent today then shorted EUR USD this afternoon. A few more points in the bag.. GS..... NG very cheap at the moment in my opinion, but they don't go any where. NG have been buying shares back for (it seems like forever) look at their RNS 's . Day after day they buy back....... the problem is that we believe that the brokers are keeping them at very low prices ( I wont use the word they are manipulating them ......... Whoops i just did... in theory buy back should be good for the SP but in reality they are not...... I have wad of these (in the red)......... they have to go up one day ( I hope!!! )

Hello All....... Mondays a setting down day!! I tried shorting the FTSE this morning using tight stops got stopped out so shorted Brent the Dow and the USD /JPY which were all much more successful . still a grind though, cant hang around in anything at the moment. its in and out but it all adds up about 15 points again. Task. I am stuck in Gold such a tragedy!! It was doing really well this time last week.. i saw some profit taking but wasn't expecting such a drop. Its all about the FED rumoured to put up interest rates, a killer for gold plus no on risk news, so down it went... It should push up to the 50 Fib at 12.83 it might bounce back there with no news. If not hopefully it will get to 61.8 fib at 1288 then I am hoping it will grind back up to 1290 if Aus and Japan buy in tonight . Hils looks like its doing ok but really needs to break and print a daily candle closed above 1300 to be safe . Gl all