FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

dax
even more bearish now

 

[MichaelJohnFX]

We're not in the 11000s any more, Toto!

ahahah always keep making that mistake. 10855 lool

 

[lexcorp]

...

 

[MichaelJohnFX]

just shorted again @ 11855

stopped out. Hopefully that wasn't a fake =/

 

[Atilla]

Dax bouncing off PP-S1 @ 10815s

Still holding. Target 10965 PP.

TSL applied @ 13 ticks.

Still holding. Sadly it's only a small bet so can't scale out.


That was quick. Stopped out @ 10910. +59.

 

[Dentalfloss]

bounce from 10800 to test our 10946 area

 

[Dentalfloss]

bounce from 2094 to test our mega res at 2103 area
any decent bounce needs to have 2106 as support

 

[Dentalfloss]

eurusd in and out of our 1.1427 area..as we said
enjoy the ride

 

[Dentalfloss]

decent bull runs on eurusd,dax,dow and spx...1 minute

 

[lexcorp]

...

took +55 from that like atilla

Then flipped short for a +7 and a +32.

Volatile stuff.

 

[Dentalfloss]

dollllar slightly oversold
dxy index
15 min
30 min candle..better

 

[Atilla]

took +55 from that like atilla

Then flipped short for a +7 and a +32.

Volatile stuff.

Nice one

Wish I could do that but find it very stressful playing both sides.


Learning a lot from this thread. Thank y'all

 

[Atilla]

Dax about to mount PP @ 10965.

I'm feeling bullish. PP-R1 @ 11005 is next if it doesn't get rejected

 

[MichaelJohnFX]

Dax bouncing off PP-S1 @ 10815s

Still holding. Target 10965 PP.

Was in from 10905. sold for 46 points @Near this level. Thanks Atilla

 

[MichaelJohnFX]

Job done for the morning. A couple of mistakes by not letting some trades run, and going against strategy on a few trades i.e not taking the opportunity to long @ 10800 as I said i would (let my bias get in the way again!) Still up for the day. All lessons that I need to start applying though! Will be back when US opens.

far more comfortable getting into trades cos of a lowered position size - thanks Dentist and everyone for the advice.

 

[Atilla]

Spanish 10Y Bond auction yields up.

Actual
2.349%
Previous
1.882%

Risk seems to be getting turned on :idea:

All things being the usual, bond yields have inverse relation to equities...


Euro wages up too.
Actual
2.20%
Previous
1.10%


The inflation wish may be about to come true with continued negative interest rates. :|

I suppose it's one way to pay back debt. That's real sly that is.


Switching to bull bias on gold. Can see 1200 being breached.

Oil is creepy too.

 

[Dentalfloss]

10946 area working very well this morning.
we had it marked at the open

 

[Dentalfloss]

eurusd in and out of our 1.1427 area..as we said
enjoy the ride

Magnetic

 

[Atilla]

Magnetic

Yes it looks like it's reaching out to the upside.

fwiw for euro I have following levels...

R3 - 1.1585
R2 - 1.1478
R1 - 1.1420 - trying to breach.
PP - 1.1315
S1 - 1.1255
S2 - 1.1148
S3 - 1.1090


US CPI figures come out lower than expectations and unemployment fell. So looking good. Low inflation and low unemployment.

 

[Atilla]

Also seeing the formation of a shooting star on the 4H euro chart, which may be indicating a reversal from 1.14

If it drops below 1.1380 then PP 1.1315s might be tested.