FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

Dax wants to pump or dump. See 5 min triangle formed.

 

[MichaelJohnFX]

A break of 10766 should see a nice move down

 

[f2calv]

Fishing for reasons - what's driving markets down now and can't find anything?

Any ideas...

China markets down, not massively, but apparently the central bank/forces buying everything up when it drops didn't happen this time as market close approached. According to FT they (the Chinese) want to gravitate their stocks to being regulated by the market itself rather than a "fake market" as has been the case with their recent interventions.

 

[Atilla]

China markets down, not massively, but apparently the central bank/forces buying everything up when it drops didn't happen this time as market close approached. According to FT they (the Chinese) want to gravitate their stocks to being regulated by the market itself rather than a "fake market" as has been the case with their recent interventions.

Good to know thanks F2.

Big sell off very close then... Carlsberg profit warning another bell weather on earnings. Find it difficult to believe it's simply a Russian devaluation as the main reason.

 

[Dentalfloss]

10818 as we marked
scalp out of that area

 

[Atilla]

New PP-0 is at 10815 imo. (Set as PP-S2 by Pivot Levels)

DAX narrowing into this range - impending another breakout.

 

[Local1]

Good to know thanks F2.

Big sell off very close then... Carlsberg profit warning another bell weather on earnings. Find it difficult to believe it's simply a Russian devaluation as the main reason.

there is this greek bailout debate again in german parliment, should pass easy

 

[Dentalfloss]

10818 as we marked
scalp out of that area

good movement from that

 

[Dentalfloss]

nice movement from 2094 res area we marked yesterday
2095 was prev supp...was res as we marked earlier

 

[Atilla]

there is this greek bailout debate again in german parliment, should pass easy

What's coming around the corner is impact on earnings given slowing global markets and currency wars imo. Autumn earning seasons setting up to be big worry, hence, equity valuations and indeces.

If Government and Central Bank support is also removed in terms of no QE and potential rate rises by the Fed, then it's going to be like having a cold shower.

 

[Dentalfloss]

bounce taken from horizontal supp area 10740
not sure where this is going
out at 10772
lookin like a bull test...could rally...who knows

 

[Atilla]

Going to the bottom of the ocean. Can bulls swim?

 

[Local1]

Going to the bottom of the ocean. Can bulls swim?

lol its risky buying dips. prefer to sell the rallies everytime less painful

 

[Atilla]

lol its risky buying dips. prefer to sell the rallies everytime less painful

Bottom pickers have dirty fingers :cheesy:

 

[Dentalfloss]

slight inkling of a new uptrend on 1 minute

 

[Atilla]

PP-S3 @ 10749 is trying to act as support but has already been breached.

If 10730 goes too then 10700 will surely be tested and should hold - at least until Fed speel.

 

[Dentalfloss]

slight inkling of a new uptrend on 1 minute

there we are

 

[Atilla]

slight inkling of a new uptrend on 1 minute

Great catch Dentist, good call.

Your calls are excellent timing for my exits.

 

[Dentalfloss]

not sure where that minor upmove is goin
stop tightened

 

[Dentalfloss]

Great catch Dentist, good call.

Your calls are excellent timing for my exits.

i am trading both sides of any move