FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

great
now we have some alignment for the bounce and Radins targets for the plunge
its great when knowledge is shared...

Morning all and here are the PPoints I'm looking at - Hourly charts. Give or take a few points matches yours Mr D.

Looks like we have a bounce and 11080 and then 11180 are next two stations en-route.

 

[Atilla]

Deutsche Bank predicts 5%-9% correction for S&P 500

"Is that all!" was my reaction...

 

[Dentalfloss]

eurusd that latest upmove is unsupported/4 hour
should pullback

 

[Dentalfloss]

10987...thanks Radin
we might even get 10940

 

[Dentalfloss]

eur bounced at 1.1254
a bad bounce and shorts in for the kill

 

[RadinSG]

10987...thanks Radin
we might even get 10940

Predictable so far. we got to 10947.50 before it bounced up

 

[Atilla]

eur bounced at 1.1254
a bad bounce and shorts in for the kill

That's good to know as I have shorts on euro but losing faith in it.

Nice bounce on gold and some on oil. Short on oil and long on gold.

 

[Dentalfloss]

Predictable so far. we got to 10947.50 before it bounced up

excellent
we had 10940 area marked at the weekend

 

[Atilla]

Bulls need to show up otherwise we will be seeing another 200 tick drop which should take us to 10850s - which is PP-S2.

 

[Dentalfloss]

latest upmove on eurusd
started yesterday5 min data
trend gets tested at 1.1200 area

 

[RadinSG]

Bulls need to show up otherwise we will be seeing another 200 tick drop which should take us to 10850s - which is PP-S2.

Looks like a near possibility we gonna test 10850s. EU GDPs figures as expected at 0.4%. But the gane changer wiill be in 2.45hrs time when US Stores sales data comes out.

Heading for tea time now.

 

[Dentalfloss]

retest of 10946 and lets see if that holds

 

[Atilla]

Dax 10850 pencilled in.

SPX also @ 2077 I think we'll be seeing 2070 by this evening.

 

[Dentalfloss]

dax
1 min data

 

[RadinSG]

retest of 10946 and lets see if that holds

Ive shorted Dax at 10946.5. Target 10850.

Im seeing a lot of huge sell orders above 10950 to 11000. Its gonna be though riding up from there

 

[Atilla]

Ive shorted Dax at 10946.5. Target 10850.

Im seeing a lot of huge sell orders above 10950 to 11000. Its gonna be though riding up from there

Good move, some fight back at 10900 - to be expected.


SPX showing continued declines too. Asia / Europe all down so good company for further falls.

 

[Atilla]

DAX bounced up from 10860s and now meeting resistance at 10940s.

Almost adheres to text book theory. Previous S becomes R... :smart:

 

[Dentalfloss]

10980 res
lets see what happens
got a decent rally

dax
1 min data

 

[MichaelJohnFX]

Not really comfortable with that 11980 resistance area. Much prefer the 11100-11120 area for a short. We'll see it it gets there

 

[Dentalfloss]

dax looks slightly oversold
15 min data
11k obviously..if that breaks .then other areas above