FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

I think I'm done for this morning - Unless we get to 11485-520

 

[Dentalfloss]

I think I'm done for this morning - Unless we get to 11485-520

11440 area is prev supp on 15 min close
bulls getting tested
fun begins
better still...on 30 min close it is prev supp and horizontal res..11450
trend test area aswell
downtrend that started yesterday morning

 

[Atilla]

Here is a closer 4H look.

If DAX makes a HH above 11640 I'd change bias to being bullish.

At the same time it's trying to use the downward sloping green line as support to bounce off it. If it does the area between 11600-11300 is likely to become neutral ground. Scalpers should be happy either way playing this range in the short TFs.

However, any moves outside of that range I think will see a good run to either direction.

 

[MichaelJohnFX]

Hori supp??

 

[Dentalfloss]

if it pops upwards..we track the retrace see if bulls have staying power

 

[MichaelJohnFX]

Don't trust it enough though. As 11440 is hori res

 

[Dentalfloss]

eur creeping up
needs to test 1.1254 area

 

[MichaelJohnFX]

Scalp move down from 11440. Not taken though

 

[Atilla]

I think bulls tried to get over PP 11450s and have failed.

If 11400 fails test of PP-S1 11330 on horizon.

 

[Dentalfloss]

11440 area is prev supp on 15 min close
bulls getting tested
fun begins
better still...on 30 min close it is prev supp and horizontal res..11450
trend test area aswell
downtrend that started yesterday morning

the fun began..short taken

 

[MichaelJohnFX]

the fun began..short taken

Next I guess is 11420 and then down to 11300

 

[Dentalfloss]

out at the round number
on 1 min...is it a new down move or a retrace of a move that is going up
spx is slightly bullish on 1 m in

 

[Dentalfloss]

Next I guess is 11420 and then down to 11300

retest of 11400 and 11370 areas if bulls want to play

 

[Atilla]

Here are the PP numbers for Euro.

After that Grexit major move down it is narrowing into BB range 1.1235 - 1.1160

It's looking over sold on MACD.

Although theres is a 100 pip range a OCO maybe a good idea as a breakout from the BB range likely to be good 200-300 pips.

One to watch :idea:

 

[MichaelJohnFX]

Shorted @ 11402. Stop just bout 415. target 320

 

[MichaelJohnFX]

Fill order @ 11315 long

 

[Gramme]

Shorted @ 11402. Stop just bout 415. target 320

I've got exactly the same thing on the go. 11400 is creaking.

 

[MichaelJohnFX]

370 first actually

 

[scholfield]

l 11386
20pip stop

 

[MichaelJohnFX]

Shorted @ 11402. Stop just bout 415. target 320

Out @ 11388.Let's see how she behaves in this area