FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

with a chart like that...vertical counts in both directions...you cannot be too bearish or too bullish
you might find that your account diminishes rapidly if over/bull..bear

 

[Dentalfloss]

trends on the 1 minute over last 24 hours

 

[Dentalfloss]

9907 was the breakout point on the 1 min posted
nice bounce off that
minor trend is UP...bears be careful

 

[Dentalfloss]

10050 is pretty big res area..turns that chart much more bullish

 

[Dentalfloss]

9907 was the breakout point on the 1 min posted
nice bounce off that
minor trend is UP...bears be careful

decent 80 point bounce
9990 area prev supp on 1 min

 

[Dentalfloss]

decent 80 point bounce
9990 area prev supp on 1 min

scalp out of that area
tight stop
no real direction yet

 

[Dentalfloss]

nice retest of breakout point

 

[Dentalfloss]

out
100 point recoil

 

[Dentalfloss]

closed too early....lol
9868-9881 is trend supp on chart posted

 

[Dentalfloss]

excellent bounce from our trend supp area

 

[Dentalfloss]

remember...we were slightly bullish from the uptrend plotted on the 1 minute
closed a couple of mins ago
excellent run..no complaints

 

[Dentalfloss]

updated 1 min chart
nice bounce off that trendline/latest column of "X"s

 

[Atilla]

On 1 min charts DAX is moving sideways between;

R1 @ 10050
PP @ 9860

Good 200 pip range.

Anymove out of this band likely to signal next direction/new level...

Looking bearish to me on 1m charts.

 

[Dentalfloss]

scalp short in from 10k/psycho
tight stop

 

[Dentalfloss]

9950 was prev res on way up..1 min
acted as supp

you know how i trade....

 

[f2calv]

@dentist007 what broker(s) do you use? As IG never hit 10k :/

 

[Dentalfloss]

spx ...a real dog compared to the dax

 

[Dentalfloss]

@dentist007 what broker(s) do you use? As IG never hit 10k :/

explained to others on prev occasions
never talk about exact levels...only areas
the reason......p/f is dependent on box sizes..ie 10 points...20 points
does the market know i am expecting support to come in on my 20 point box size ??
so i am always talking about areas
forgot to mention...many charts are the "close" plot...they do not take into account the high or low as a candlestick

 

[Dentalfloss]

spx chart just posted is a "close " plot of the price
if you eliminate the highs and lows much of the rubbish is taken out

 

[f2calv]

explained to others on prev occasions
never talk about exact levels...only areas
the reason......p/f is dependent on box sizes..ie 10 points...20 points
does the market know i am expecting support to come in on my 20 point box size ??
so i am always talking about areas
forgot to mention...many charts are the "close" plot...they do not take into account the high or low as a candlestick

Ok thanks for the explanation got it now! I read your posts with interest but I'm a n00b at TW/PF and admit I don't understand [over] half of them