FTSE, DAX, DOW Trading Ideas and discussions

[srinivasan431]

Dax underforming toomuch....

 

[Dentalfloss]

Dax underforming toomuch....

its the Sauekraut ..

 

[Dentalfloss]

it wants to pop..tight range

 

[Dentalfloss]

Dax underforming toomuch....

1 minute

 

[srinivasan431]

if the Snp500 tumble down to 2030 level.....Dax will be at 10000? Lol

 

[Dentalfloss]

dax trended nicely from US open

 

[Dentalfloss]

spx coilining
ready for a pop

1 min data

 

[Atilla]

SPX holding S2 @ 2050s

DAX holding 10400 - zeros always nice stops...

Don't think they'll go anywhere today now.
We need some whaffle to steady market nerves.
We also need to see some big Co., earnings to get a real feel for tinks.

Another good day. Tomorrow being Friday and options expiry, bulls gotta show? :whistling

Who knows???

 

[MichaelJohnFX]

got support around 10390, loving this sell off

Thanks for this. Worked pretty well

 

[Atilla]

OMGoodness - Bears are just showing off now. :clap::clap::clap:

DAX @ 10360s

 

[Local1]

2045 the key level.... strong support, if that goes then the plunge team better come out

these are days you need to trade with a strong bias.... why try and catch the dips when easy pips to sell.

 

[Dentalfloss]

there we are...popped nicely

 

[Dentalfloss]

points taken on dax..spx and dow
those tight ranges do work magic
voodoo ....lol

 

[Dentalfloss]

2045 the key level.... strong support, if that goes then the plunge team better come out

these are days you need to trade with a strong bias.... why try and catch the dips when easy pips to sell.

careful...with key levels..you must wait for the signal

 

[Dentalfloss]

top end of the coil on spx was 2058
good movement

 

[MichaelJohnFX]

Lol some economist were saying free would end the year at 8000 lmao

FTSE

 

[f2calv]

I guess once 2045 goes and if "all hell breaks loose" the algo boys will be up all night re-writing their programs ready for a new world

 

[Dentalfloss]

Sauerkraut and Becks for supper
Bratwurst as well

 

[Dentalfloss]

now......here is the good bit
market quite often reads it wrong
so...after a pop it can recoil and shootl in the other direction...blow your brains out

 

[MichaelJohnFX]

2045 the key level.... strong support, if that goes then the plunge team better come out

these are days you need to trade with a strong bias.... why try and catch the dips when easy pips to sell.

Imho that strategy doesn't work in the long run. You'll eventually get caught out. Ie I remember guys on FX empire saying buy the dips on Dax when it first corrected at 11800. The prevail bias was go long because of QE.Look where it is today. That said though, I don't think anyone expected this over the past 2 days lol glad I moved all of my money out of the index trackers months ago into cash. Who knows what this is the beginning of / start of. September will be telling. If the market does recover to 12,000 before we're in a bear market, rest assured many people will say, and rightly so, this period is / was a warning sign of what's to come in the months ahead