FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

10956 that will do me

 

[Dentalfloss]

back in for a bit more from the tick chart

 

[Atilla]

fwiw - RSI and MACD indicators I find only marginally useful in either very short or very long TFs. Would only give them about 5% weighting.

Price breaking out of this downward slope confirms upward movement with RSI and MACD being strongly up & rising confirms move.

 

[Atilla]

Also just noticed we are in to gap territory too.

11000 key battle line. Ooohhhhh :whistling

 

[Local1]

short 85, see how it goes

 

[Dentalfloss]

scalp short from 10984..retest of prev supp on 1 min candle

 

[Dentalfloss]

spx ...we are in ideal bull trap territory
aqua horizontal
we coul get a fake bullish move...a breakout and then back in to the pattern
needs to come out the other end ..below the last "O" to complete

 

[Dentalfloss]

15 minutes to the open
what treats are in store ??

 

[Dentalfloss]

Ashraf Laidi from city index saying a quick short lived rally to 2081

 

[Atilla]

Ashraf Laidi from city index saying a quick short lived rally to 2081

I do hope so. Short sell limit orders placed for the SPX. All the way down from 2070...

 

[Local1]

struggling up here, added to short at 85.

 

[Local1]

short s&P at 64, long bund at 66

 

[Dentalfloss]

11021 area as we said this morning...
11010 good enough for me

 

[Atilla]

11021 area as we said this morning...
11010 good enough for me

Yes agree, looks like indicators turning down so losing momentum and be a hard push to 11043 - PP-R3...

We may drop back to PP.



SPX limit short orders have started filling now @ 2067s :clap::clap:

 

[Dentalfloss]

scalp short in from the top

 

[Atilla]

Looks like PP-R1 rejection.

If so target becomes PP @ 2058.

 

[Atilla]

Wondering if we've been optimistic with 2058.

2052 failed yesterday and if we reach 2040s I'd be tempted to hold out for

PP-S1 @ 2038


:whistling

 

[Dentalfloss]

we were 8 points from calling the top...pretty good goin
short still in
closed at 10940

 

[Local1]

still in from 10985, will scratch worst case.
looks like the greeks may get their finger out after all.
short 2064 SP500, will close below 50 if it comes.
closed bunds

 

[Atilla]

2074 has been a significant S/R level imo.

Don't see 2084/94 as we did before.

Clear change in trend and a controlled crashed landing due. Late arrival I guess...

Can they kick it down the road until October/November???


My prediction for weekly close was 2055. Fingers crossed.