FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

Saw this article with some rally nice charts fyi...

I guess by death crosses popping up like mushrooms they are referring to MA crossovers. Lagging indicators indeed - as you were all over them like a bad rash as they say in the movies.

Grrr8 job guys!


http://www.marketwatch.com/story/de...ike-a-bearish-virus-2015-08-28?dist=afterbell

 

[MichaelJohnFX]

This is the chart I wanted to post earlier. Bulls are not done yet. We saw murmurs of them today.Let's see what tomorrow brings, but should be good day.

9850 area hit, very strong 200 point bounce

 

[MichaelJohnFX]

Areas:
10,000 - minor sup
10160-10195 res

Trend res 10075 - this area is also horizontal res on 5 mins

Trend is still down, so I won't be surprised if we see sub 9800 today

 

[Dentalfloss]

mornin guv
excellent stuff as always

Areas:
10,000 - minor sup
10160-10195 res

Trend res 10075 - this area is also horizontal res on 5 mins

Trend is still down, so I won't be surprised if we see sub 9800 today

 

[Dentalfloss]

spx in trend supp and a tad oversold....does not mean it will rally

rallied overnight to our 1940 dog area

 

[MichaelJohnFX]

Areas:
10,000 - minor sup
10160-10195 res

Trend res 10075 - this area is also horizontal res on 5 mins

Trend is still down, so I won't be surprised if we see sub 9800 today

early morning eggs and pips - scalp short from 10075

 

[MichaelJohnFX]

mornin guv
excellent stuff as always

haha morning sir, and morning to everyone else

 

[Dentalfloss]

Saw this article with some rally nice charts fyi...

I guess by death crosses popping up like mushrooms they are referring to MA crossovers. Lagging indicators indeed - as you were all over them like a bad rash as they say in the movies.

Grrr8 job guys!


http://www.marketwatch.com/story/de...ike-a-bearish-virus-2015-08-28?dist=afterbell

we did better than that ...we had the bull trap marked to within 3 points on spx
and to 3 hours approx from when the top was hit......
dont need articles....get it all here
plenty of points on this thread

 

[MichaelJohnFX]

`i forgot as well, still has 10118 to contend with.

 

[Dentalfloss]

we also had a decent low area marked last night...got marketchartpattern newsletter he is talking about AB=CD correction...you need mega stops to trade with him...lol

 

[Dentalfloss]

early morning eggs and pips - scalp short from 10075

excellent

 

[MichaelJohnFX]

think we'll see a dump in the open to 10,000

 

[Dentalfloss]

think we'll see a dump in the open to 10,000

range hast ightened..could go either way
10081 is a 50% area
last signal bullish

 

[Dentalfloss]

spx..break of trend overnight

red trendline broken overnight and a minor rally so far
that is why we were unsure of direction last night

 

[MichaelJohnFX]

Didn't see that thanks

 

[Dentalfloss]

Didn't see that thanks

should take the dax with it
10122 should pop quickly

 

[MichaelJohnFX]

`i forgot as well, still has 10118 to contend with.

10118 nailed. Scalp and just out that will now be a breakout point

 

[Dentalfloss]

10118 nailed. Scalp and just out that will now be a breakout point

yes..seems so

 

[Dentalfloss]

10118 nailed. Scalp and just out that will now be a breakout point

yes..seems so
1940 still a dog..good movemnet though

 

[MichaelJohnFX]

Another retest of 10118. Scalp short.

Good movement so far this morning