FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

Mmm no real clear entry points for me as of yet haha

 

[Dentalfloss]

there seems to be alot of messing around in 11412 area aswell...dunno why

that area was 11412-11424
tested...and in/long
just closed

 

[Dentalfloss]

2098.50 ..the high
scalp short from the top

 

[Atilla]

2098.50 ..the high
scalp short from the top

Just got back and a number of trades stopped out for a loss.

2094 was effectively PP-R2 and can see momentum petering out. Don't think it can breach 2100 to touch 2106 today. Perhaps Wednesday if the news is good.

2094s good place for short scalps.

 

[MichaelJohnFX]

mornin all

Morning

what a morning. 11520 is a pre breakout area
11420, support this morning and breakou area

let's see

11520 We had it marked. Quick scalp and out

 

[Dentalfloss]

nice one

11520 We had it marked. Quick scalp and out

 

[Dentalfloss]

just got to the desk
whats in store ??
China down

 

[Dentalfloss]

spx since 10th july

subjective trendline/aqua is slightly too steep
green is 45 degree trendline
11420 a pivot area on dax from yesterday

 

[Dentalfloss]

11270 on dax is a big confluence area ..if it tanks
bull tests ..everything is there

 

[Dentalfloss]

latest uptrend on 30 min
we either break higher or bull test

aqua is 11406-11440
orange is 11372..trend support in that area aswell
pink horizontal is a real hummer at 11270
breakout,with horizontal support and trend support

 

[Dentalfloss]

bounce from 11438 long scalp
11440 we had marked
just out

 

[Dentalfloss]

a new minor downtrend seems to be developing on dax
11440 pivot so far
spx has a new minor downtrend devloping also ..5 min candle..needs a retest of 2101

 

[Atilla]

Góðan daginn

DAX - Daily Chart - PP Levels

Edging upwards but still at LH levels. Feel it needs to breach 11709 for a change of trend pointing up.

Key levels to breach as for PP points.

The Gann lines as before indicating the resting/turning R/S points. Looks like a work of art.

fwiw I think it may come back to test support at PP @ 11400 Today suspect we may move sideways until Wednesday when deal is voted on.

 

[Dentalfloss]

gbpjpy in a pivot area
15 min candle

 

[Dentalfloss]

Góðan daginn...is that Yiddish ??

 

[Dentalfloss]

scalps in and out of 11440 area

 

[Atilla]

DOW - 4H Chart - PP Levels

DOW has broken out of 17800 resistance as well as the downward slope in the last few days. Probably in response to Grexit deal and Iran negotiations.

It's next move is to try and take out 18000-18100.

fwiw - I think it will retrace to PP @ 17868 before having another lurch forward.

 

[Atilla]

Góðan daginn...is that Yiddish ??

Icelandic

 

[Dentalfloss]

a new minor downtrend on 1 minute
11440 area is holding it
11484 res area

11440 pivot working well..so far

 

[Dentalfloss]

Icelandic..do you speak it ??
those Icelandic banks..were a bunch of con artists..Kaupthing