FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

anyone shorting from 11742 ??
test of horizontal res ??

 

[MichaelJohnFX]

Morning Everyone.

And nope not shorting from there

 

[Dentalfloss]

not yet

 

[MichaelJohnFX]

My problem atm is that technical analysis that involves long term time frames in the current climate is disconnected from the actually reality. That's why it wouldn't surprise me if Dax kept going past 11880 without a single rettacement

 

[libbo2003]

GM option expiry today could be a factor?

 

[Dentalfloss]

Morning Everyone.

And nope not shorting from there

a decent break on 1 min from 11720 on 1 min..missed it

 

[Dentalfloss]

scalp short form the tick chart

 

[Dentalfloss]

missed dax break upwards

busy with gbpusd and gbpjpy
both breaking out...dunno why

 

[Dentalfloss]

11750 area
now in atight range
wants to pop
which way ??

 

[Dentalfloss]

spike up to res and shorts in..that was the decider
tick chart

 

[Dentalfloss]

still chuggin on the tick chart

 

[Dentalfloss]

back down to the breakout point

 

[Dentalfloss]

a bounce from our breakout point..scalp

 

[Dentalfloss]

bad bounce...shorts in for the kill

 

[Dentalfloss]

gbpjpy a fake on 5 min this morning
back in support for a rethink
you have to get both sides of the fake..price broke out
went into atight range on 1 min..then keeled over back to the breakout point

 

[Dentalfloss]

a bad bounce on the tick chart

that very minor uptrend got taken out...then the shorts were in for a kill

 

[Dentalfloss]

11700 round minor bounce

 

[Dentalfloss]

bounce from 11700 on tick chart
price keeled over and short sellers came in fo a bit more

 

[MichaelJohnFX]

15 min chart

In to test the bulls @ 11670

 

[MichaelJohnFX]

700 is 50% on fib. Real dog fight here