FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

Maybe a bear trap but shorts in - longs out for me. Short-bias all the way.

Euro at 1.15 if it carries on up DAX downside risk increases.

Gold is up - risk is on.
Oil is down to $38s

Looky pretty grim.

Start scanning for cash generative, dividend well covered shares imo.
Utilities always a good bet in a down turn.


Waiting for 20% correction.

 

[scholfield]

small long 9655

closing other other half here at 9715 +60

 

[inzimam]

Took 80 on Dax

 

[inzimam]

Took 94 on dow

 

[MichaelJohnFX]

9797
9718
9757

All retrace areas. Will probably follow the same patter as it did on Friday at the US open. rally then a tank. IMO

9718 hit. Longs into and short scalps out of. area.

 

[MichaelJohnFX]

9797 should be the maximum - but the market does what it wants lol

 

[Dentalfloss]

Black Monday

 

[Atilla]

Well done guys with the +ve pips. :clap::clap::clap:

Good movements both ways but beware DAX has made a LL but 9600 held.

 

[Dentalfloss]

excellent movement from the 1942.....ahem...1946
missed any longs..Subway sandwiches

 

[Dentalfloss]

Well done guys with the +ve pips. :clap::clap::clap:

Good movements both ways but beware DAX has made a LL but 9600 held.

excellent
Subway sandwiches all round with some of Chronics Green Tea/Protein Shake

 

[Dentalfloss]

9810 pivot area on 1 min this mornin

 

[MichaelJohnFX]

9797
9718
9757

All retrace areas. Will probably follow the same patter as it did on Friday at the US open. rally then a tank. IMO

9757 nailed. Short scalp and out. One more level now. Come to me papa

 

[Dentalfloss]

Took 94 on dow

excellent

 

[Atilla]

excellent
Subway sandwiches all round with some of Chronics Green Tea/Protein Shake

Yes, used to have quite a few vegi-delights from Subways with garden side salad topped up with olive oil and apple cider vinegar. G8 in the summer when hot. Also, light on the tummy.

 

[Dentalfloss]

updated SPX

 

[Dentalfloss]

note the price action on the chart
it did not go near res until this morning...marked "here"..that was our 1942 area we marked
trend res is approx 1920 from this chart
the fact that it actually went near a res area is show of some support....but....who knows !!
needs to stay above 1900 area

 

[MichaelJohnFX]

It's Murder on the Dax floor *sings*

 

[Atilla]

Guys - Euro is on stomping form. Heading North to 1.16

DAX likely to test lows imo.

Just waiting on US now. Having said that US was lagging DAX so not optimistic.

 

[Dentalfloss]

It's Murder on the Dax floor *sings*

:smart::smart:

 

[Dentalfloss]

dow into the open
main trend/red got taken out at 7.30 am today

started a new minor downtrend/pink
we will plot that new trend on 1 minute