SuddenDeath
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SP500june close to days highs
Dick Lexic
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ftse supported here for now ...no real change in the markets from yesterday....
SuddenDeath
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morning everyone
Dow/SP500 very bullish closes
SP500 june 7pts above buy pivot, 1pt above bull confirmation 1555
Dow/SP500 very bullish closes
SP500 june 7pts above buy pivot, 1pt above bull confirmation 1555
chimpmagnet
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Dow looking weak on China factory numbers overnight.
Looked like it might bounce along with Europe after French PMI came in stronger, but now back down due to German PMI.
samspade79
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Just as I was patting myself on the back for 70pips on the DAX, it's off a cliff. Some German data must have sucked.
samspade79
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Added some more after the fall, will see what happens next few.
Dick Lexic
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morning sd ...6300 looks like a big fence for the bulls
7536 eqiv for the dax
7536 eqiv for the dax
chimpmagnet
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Same here... lost it all and some then within seconds.. WTF happened???
Don't you guys keep an eye on economic news/figures being released?
Pre-market was weak overnight due to China factory data. French PMI was good at 8am, hence markets went up quickly on open. German PMI was below forecast at 8:30am, hence the fall back.
Europe PMI next at 9am.
Plenty more to come today - the market is whipping itself all over the place so don't get caught on the wrong end of trades!
Talbs!
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Trend still down for these markets the china pmi is more significant than te European ones we all know Europe is a mess . Dax holding up on considering I holding a short position from yesterday and expect once the states get in it will test the low if not break it .
The sell off happened at 8.28 before the figures were released... this was the forecast.."Germany's flash PMI figures are due at 3.30 am ET. Economists forecast German manufacturing PMI to remain flat at 49 in April and services PMI to rise to 51."
chimpmagnet
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That's the problem - we all get screwed because those in the game know the news before the public do.
Dick Lexic
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Talbs!
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All Germans numbers are always leaked and I mean always Zew IFO etc just go with it when it happens but some traders on here don't even know numbers are coming out which is a bit concerning if you don't know what's coming out u might aswell go down the casino
Dick Lexic
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either that or watch the charts
Good morning
According to the FXstreet calendar the German PMI figures were due at 8:28 and were only considered to be of moderate importance. Stopped doing indices for now and am sticking to shares and even got that wrong with a short on MKS at 400, only low stake.
Ian
According to the FXstreet calendar the German PMI figures were due at 8:28 and were only considered to be of moderate importance. Stopped doing indices for now and am sticking to shares and even got that wrong with a short on MKS at 400, only low stake.
Ian
SuddenDeath
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check the dollar very very strong. EURUSD below 1.30
weakness might be stops being taken out might rebound like dow/sp500 yesterday dow came back from minus 90 during the session
weakness might be stops being taken out might rebound like dow/sp500 yesterday dow came back from minus 90 during the session
Dick Lexic
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not great with shares ian but that retail sector seems to be doing well sbry,mks,and mrw ....mybe tesco now?
