FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

dentist was the 12000 call before it reversed 150 points

dunno
was running scared at the time..price was in 11900 area at the time..way above what i had marked
trigger shy at the time..just thought anything could happen
was aching to go in short

 

[Dentalfloss]

bad habits this morning
in p/f you should always take the signals from the chart..regardless of what you are thinking
it is the nearest thing you will get to supply and demand

 

[MichaelJohnFX]

200 ppts down lol. Moral of the story, I got sold the biggest carrot of all. I had a short from yday @ 11894. Market starting acting weird then went to the 11900 area. Something was just really fishy about it...bought back - then bought at 11907, market has now reversed to 11707 my original view loll

 

[MichaelJohnFX]

11794*

 

[Dentalfloss]

200 ppts down lol. Moral of the story, I got sold the biggest carrot of all. I had a short from yday @ 11894. Market starting acting weird then went to the 11900 area. Something was just really fishy about it...bought back - then bought at 11907, market has now reversed to 11707 my original view loll

there might have been alot of stops above 11900

 

[Dentalfloss]

1.5380 area hit on cable
as we said on other thread
a retest of 59.15 on wti
both closed

 

[Jessi_trader]

Morning everyone...

bit messed up pattern in DAX now ...

 

[Dentalfloss]

11753 area..magnetic
lets see if its res

 

[Jessi_trader]

spikes on both side of range....

 

[Jessi_trader]

11753 area..magnetic
lets see if its res

yup that area has solid significance...

 

[Dentalfloss]

updated chart

 

[Dentalfloss]

that chart is not fully bearish as yet
it plots the close and not the hilo

 

[Dentalfloss]

decent bounce on cable from 1.5380 area

 

[Dentalfloss]

time for tea and biscuits

 

[Dentalfloss]

should be a minor supp at 11730 area..0n 1 min
11650 is a prev res area

 

[Jessi_trader]

its gonna be down down down baby....

 

[Jessi_trader]

its gonna be down down down baby....

10,000 soon.....

 

[Dentalfloss]

a great chart for learning
the bull trap which shook me up this morning

 

[Dentalfloss]

a stupid mistake cos traps can give you plenty of points..as you saw this morning
traps ar4e ther to ensnare you
but if you look at it ..they are easy to trade
a move up..usually to a big res..then a small consolidation and then a tank

 

[Dentalfloss]

we keep an eye on the latest column/down "O"s..the one with the aqua horizontal line above it
that could be giving us a bearish signal..a big one
it needs to recoil..ie a column of "X's and then get taken out..giving a downside vertical count..then it gets nasty