FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

Seems to be a pivot area
Acting as res now
No real massive sellooff...yet...dax in our trend supp area

 

[Dentalfloss]

up the box size
you get a very clear picture
price now testing breakout point/aqua in 10k area
trend supp is 9718-9863/green
prev res 10626 area

here is the good bit...there is approx 1000 point trading range while market decides which direction it wants to go.....lol....spreadbetters will get their losses back quickly

technically.....we should get a bounce


if it bounces 10091 area....alot of messing about in that area on the daily
then 10161 area

Will need to adjust res numbers

 

[inzimam]

Morning!

Crazy numbers, seems all doom and gloom. I wonder if the traders will come in this morning and continue to sell. Over 500 points down on Dax seems overkill

 

[Dentalfloss]

Not so crazy...rallyong nicely from our 9713 area

 

[inzimam]

I lost 80 points over night.. But just took 110 on Dax. Thankfully!

 

[Dentalfloss]

I lost 80 points over night.. But just took 110 on Dax. Thankfully!

excellent
i have had almost a 200 point run from 9713 entry
just closed

 

[inzimam]

Nice one. Well held!

 

[Dentalfloss]

scalp off retest of 9900 area

 

[Dentalfloss]

chart posted over the weekend on dax was the index data and not 24 hour spreadbet data...was important that 9713 held before euro open...which it did

 

[Dentalfloss]

excellent movement so far this morning...predictable aswell
9900 area was breakdown area on 1 min last night
so was going to be res

 

[Dentalfloss]

good movement from 9900
lets see where it ends up

 

[Dentalfloss]

here is the price action so far this morning
we can now get a fix on some areas

 

[Dentalfloss]

a bit more detaail
you can see the ntry and exits from the other side of the room

well defined price action

 

[Dentalfloss]

scalp in for the bounce from trendline supp
tight stop

 

[Dentalfloss]

prev horizontal res/short
think bulls need to get tested

 

[counter_violent]

http://www.bloomberg.com/news/artic...ndex-futures-tumble-after-last-week-s-retreat

 

[tar]

http://www.bloomberg.com/news/artic...ndex-futures-tumble-after-last-week-s-retreat

Thats half the story , the Chinese stock market went up 100% from Dec 2014 before selling off this summer . And its still up .

http://www.investing.com/indices/shanghai-composite

 

[counter_violent]

Thats half the story , the Chinese stock market went up 100% from Dec 2014 before selling off this summer . And its still up .

bubbles are alive and well

 

[Dentalfloss]

no bull test...up we go
trendline supp held

 

[Dentalfloss]

Chinese stock market

19.Egg fried rice
22.Chicken with cashew nuts
37.sweet and sour prawns
that is all i know about Chinese stocks