FTSE, DAX, DOW Trading Ideas and discussions

Not sure what you guys thought about today but as you know I scalp all day long and short and a few times I built up good long positions and it is the first time in weeks that I found it quite a struggle to go higher at times today when it was usually easy.
Had a good day but the longs had me thinking are we in for a real big fall?
If I see it again tomorrow I will start to be careful and perhaps buy some put protection just in case.
GL all

charts went negative today
as we posted
hence highs contained
 
SPX 2nd bounce off 2050 area on 15m charts.

I don't think there will be third if tested.

However, we just managed peep up to 2070s. No 84 or 94.

So LHs and bulls losing steam.

Market expects a deal and ain't getting one. :|
 
Gold is on recovery. 1140s in today's markets is like crazy. Buy buy buy imo. Only taking longs for gold.

Oil I think will oscillate for a while between 48-52 - wild guess. Waiting for the patient to stabilise. Wish I kept all the shorts :smart:
 
The other scenario is a manipulation downwards....then a pop


Thinking we'll only get the pop if there is a deal and/or China puts in a good show.

If your post re:French v German pov anything to go by then internal disagreements likely to be worse than Grexit.

Cameron follows up by steaming in there with his boots to kick ass. Follow it up with a show in the press and then we can say 30% off the highs on the indeces too keeping China in good company.


Brilliant fiction or reality... (y)
 
fomc minutes saying
6 B52 bombers have been scrambled and are on their way to Athens ...all with a full payload
 
fomc minutes...there we are
negative bias working well
we got the pump
now we got the dump
 
Breaking News: What a day: Dow sheds 260 points (nearly 1.5%) and S&P 500 falls 1.7%. The NYSE halted trading for nearly 4 hours.



we nailed it
 
Dow,spx and dax rallied overnight
spx from 2044 area...a big horizontal support
dax similar 10665 area
Shanghai composite surged aswell
probably relief over the Shanghai comp not tanking again
Is this a dead cat bounce ?
stay tuned
all will be revealed
 
Truth is......we dont know
talk of a bullish Gartley pattern just formed......who knows and too risky.imho
we will mark out the res and supports and conclude from he re action in those areas
also...any rally will need to be supported..check the reaction on the pullback
 
gbpusd and gbpjpy might pump now

Gbpjpy..a decent rally overnight
gbpusd a bit feeble
dax..big res at 10800..still,,should get tested
spx has a trendline...down on 60 min candle from high at 7pm on 7th july
price is at res now
cdax has a downtrend line on 4 hour candle fromhigh on 29 june
price at res now
Res at 10800 and 10840 areas and 10900
supp 10745 and 10720 areas
 
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