FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

R2 @ 10333.3


QE as long as it takes. What more can anyone ask for.

 

[Local1]

struggling to break the 10300 handle.

 

[Dentalfloss]

looks like we need a bull test on spx and dax

 

[Dentalfloss]

range looks to be from 1945- 1965 areas

 

[Dentalfloss]

maybe even a peek at 1935
1938-1942 a cluster area

 

[gbtllp]

super mario to the rescue !

sell the fact at resistance

Happy Birthday Mario!

 

[Dentalfloss]

"2" on the chart is where we nailed the change in trend

 

[Atilla]

DAX wants to test R1 support @ 10246
SPX wants to test PP support @ 1944

 

[Dentalfloss]

dax over the last 48 hours
some well defined areas of horizontal supp/res for any pullback

 

[Dentalfloss]

a decent move to our 1965 res area

 

[Dentalfloss]

range has coiled...ready for a pop
1957 first

1952 and 1948 areas

 

[Dentalfloss]

a decent move to our 1965 res area

and a scalp out of it

 

[f2calv]

and a scalp out of it

Whilst I appreciate there are no fixed rules to anyones trading, Dentist can you give an idea of how many trades/points you might aim to do per day, or are there actually no limits in your 'plan'?

Do you start each trade knowing your exit plan i.e. to scalp n points then OUT?

How do you determine if these exit plans are to change, i.e. when do you change your n point scalp into more of a trend following trade [with a trailing stop loss]?

 

[Dentalfloss]

DAX wants to test R1 support @ 10246
SPX wants to test PP support @ 1944

dax went the other way...cheaper money

 

[Atilla]

dax went the other way...cheaper money

Yep it did indeed.

Now off R2 @ 10333.3

QE will be maintained as long as necessary. Market likes the sound of that.

Did I say Sept 16 it will end. Well that was then this is now.

Onwards and forwards...


Before you ECB curtails QE perhaps Fed will announce QE-4...

 

[Local1]

lift off through resistance. sky the limit?
draghi put coming though now

 

[Atilla]

No bother - we have R3 @ 10476 and then I'm out of ideas...

 

[Dentalfloss]

we could go to 1972 area

 

[Dentalfloss]

No bother - we have R3 @ 10476 and then I'm out of ideas...

10383-10407 horizontal res area..could hold or get taken out

 

[Dentalfloss]

bears gettin rinsed...big time