FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

Pretty much at that long term trend line now. Could get a decent bounce.

 

[Atilla]

Filled at 10939.3 Not looking good.

Stopped out -17

 

[MichaelJohnFX]

Lol what the hell happened there?

 

[MichaelJohnFX]

Zoom out on 1 hour, look at price from Wednesday, pump or dump soon. Got the pump from Friday and this morning that we spoke about on Friday. Could be and even bigger one sometime this week

Lol was this it?

 

[Atilla]

Long Euro @ 1.1097, SL -20, Target 1.1127

Switching to Trailing SL following by 15 at BE.

 

[Atilla]

1:30 US - Empire State Manufacturing Index down -14.9 (forecast +5.0, previous 3.9)

3pm NAHB Housing Market Index - supposed to be low impact.

 

[Dentalfloss]

eating my cheese sandwich...what happened ??
empire state >>??

 

[Atilla]

Shorts were obvious bets.

Trying to pick S and bounces doesn't work for me.

First short on DAX was sort of hedged with the rise in Euro so not too bad. currently +20 on Euro. Give and take but down over all.


We may see PP-S3 @ 10759 today

 

[Atilla]

10800 important imo. If it goes will not bode well.

Bulls need to kick or it's going to be down elevator.

 

[Atilla]

eating my cheese sandwich...what happened ??
empire state >>??

Can't imagine what else it can be. Pretty off forecast so spooked markets perhaps.

 

[Dentalfloss]

was it the weather ??

 

[Atilla]

Long Euro @ 1.1097, SL -20, Target 1.1127

TSL stopped out for +11.

 

[Atilla]

was it the weather ??

Windy :cheesy:

 

[Dentalfloss]

hot air

 

[Dentalfloss]

spx into the open
started goin negative at 8 am
new downtrend started
5 min data

trend res at 2089 area/red
2081 horizontal supp
2078 also

 

[Dentalfloss]

into the 2081 we had marked
tightene stop

 

[Dentalfloss]

stopped out at 2079 for a good run

 

[Dentalfloss]

2078 held..posted on wrong thread
up to 2089
a real hummer and quick aswell
now what ??
2085 ??

 

[Dentalfloss]

2090 the top
scalp out/down

 

[Atilla]

I have no idea how this market can go up. I'm very sorry but I can only see potential drops. TA on charts at times look bullish but levels it can go to just don't correlate with facts on earnings and slowing demand and other stuff.

So either we go sideways or downways but upside is limited. Got some trailing short limits filled on SPX so sort bias will continue for me.

I can just see the headlines now.

FED RAISES RATES.
IT'S OFFICIAL, WE ARE NOW IN A BULL CYCLE...