FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

Very difficult to call the highs but I'd hazard a guess at 2040-60.

Will only take shorts on SPX. No faith in the rises. Waiting for sideways consolidation move or big fall again which works well for me.


I have; 2121 / PP @ 2124 / 2128 / 2131 / 2135 as S/R levels.

 

[MichaelJohnFX]

view since last week - looks like the bulls are getting tested like we said they should. Aqua line is horizontal sup (11650), trend sup lies @ 11650 -680 area. major res between 11770-800.If we can get above that - first stop 860 and then hopefully 920. Not exactly prophesying but they are good areas to note down based on what charts are telling us. MACD too suggested bulls have been tested.

Posted this on trading view. On iPad so can't post chart atm

 

[Dentalfloss]

mornin all
lets have ur chart..chronic

 

[Dentalfloss]

dax
range is coiling up..aqua

5 min data
11800 horizontal res
11770 area horizontal res area
11745 /aqua
11728 area horizontal supp
11712 breakout point./not shown
trend supp 11688/greem
11656/thick green

 

[Dentalfloss]

better if it coils up even tighter...bigger pop
could go either way
if it pops ..it can recoil quickly
apple earnings at 9pm/uk time

 

[Dentalfloss]

break to 11770..lets see if that holds
was going either way..oco

 

[Dentalfloss]

scalps in from 11770 retest on 1 min

 

[NickBk]

im from 11773 -)
don't believe we will see massive falls though.

 

[Dentalfloss]

no clues where this is going..yet
minor horizontal supp at 11735 area and 11720

 

[NickBk]

in the 30's i'll be gone.
These markets don't have much falling in them it seems.

 

[Dentalfloss]

im from 11773 -)
don't believe we will see massive falls though.

excellent

 

[Dentalfloss]

scalp long from 11735
closed a minute ago
11750 a prev supp area /minor on 1 min

 

[Dentalfloss]

11687 as we have marked..could be a magnetic area for a bull test..lets see

 

[NickBk]

closed at 36 couldn't wait for 40 points!
not long yet though.

 

[Dentalfloss]

scalp from 11735/long
seems it wants to break 11750

 

[NickBk]

scalp from 11735/long
seems it wants to break 11750

It did 1 minute ago -)

 

[Dentalfloss]

It did 1 minute ago -)

yeah..was going either way..stayed out after 11750 got hit

 

[Dentalfloss]

decent short in from the tick chart

from 11750
had to change bias quickly

 

[Dentalfloss]

closed at 36 couldn't wait for 40 points!
not long yet though.

excellent stuff

 

[Dentalfloss]

11720 as we had marked
scalps in and out