FTSE, DAX, DOW Trading Ideas and discussions

Taking recent falls and doing a Fib retrace takes 21% to 10473 just above PP.

This is first target imo.

If US joins in then we can see PP-R1 @ 10554
 
Euro coming back down almost off 1.13... Should see 1.12 but with all other currencies floating I think it may find it self undervalued.

One to watch wrt to DAX...

Very difficult to judge how all this currency floating will affect earnings now. Winners and losers everywhere.

As for all the rich Chinese and Greeks who bought property in the UK, they must be laughing all the way to the bank.

Where is the £ going??? 1.60...

Manic Friday - hear a new chart hit coming our way... :)
 
srinivasan431 said:
Sell at 10350 with the stop loss of 10401? how you feel?
Click to expand...


2h7qd7a.gif
 
10400 a bit of a challenge for the DAX. Needs support. Think it will hover around here waiting for US open. Super day already. Will ease off and watch a little.
 
always looking for movement against the trend or the trade i am in/direction
trend following...but always looking at the ma against
 
dentist007 said:
not yet...no range expansion to the downside...flatlining still
also no range compression on the upside..as yet
Click to expand...

They agreed called it too early.

There is compression on 5 mins on the candle chart. Horizontal res and trend support from move up this morning. Could go either way
 
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