FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

alot of messing in 1971 area last night..could be important

 

[Dentalfloss]

1966 tyhe next cluster area

 

[MichaelJohnFX]

Looks like it dumped from high of that 10532 area I think it hit 10525 - 7 points off not so bad. Lovely - again no one saying its a top / calling bottoms etcs, it's just an area to play off when ur thinking risk reward. At least that's how I trade and it has worked wonders for me so far. Especially when you combine it with tight stop losses.

As you can see 10381 which was identified this morning royally failed - got a minor bounce off it but it was weak.

 

[Dentalfloss]

Looks like it dumped from high of that 10532 area I think it hit 10525 - 7 points off not so bad. Lovely - again no one saying its a top / calling bottoms etcs, it's just an area to play off when ur thinking risk reward. At least that's how I trade and it has worked wonders for me so far. Especially when you combine it with tight stop losses.

As you can see 10381 which was identified this morning royally failed - got a minor bounce off it but it was weak.

excellent stuff...thanks

 

[Dentalfloss]

We got extra treats today
1966 broke down
10344 broke down
Wonderful stuff

 

[Dentalfloss]

Looks like 1950 area should hold it

 

[Moneylender]

Been a good day, thanks Dentist for your thought
and analysis.

 

[Dentalfloss]

Looks like 1950 area should hold it

Erm....nope

 

[Dentalfloss]

Been a good day, thanks Dentist for your thought
and analysis.

Every little helps

 

[Dentalfloss]

spx over the last 2 weeks
3 fake upmoves/aqua line above the "X" column
although a big recoil today...we are just about in an uptrend
lets see if that gets taken out

 

[Dentalfloss]

dax into the open

2 trends over the last 2 days

 

[Dentalfloss]

if we start a new rally...there is a stack of horizontal res...where does it go to ??
if it breaks lower ..we are in a biggish supp area...10k
goin either way...more fumbling...
these fumbles give loads of points...as per yesterday

 

[Dentalfloss]

same chart with a higher reversal
some cluster areas highlighted

 

[Dentalfloss]

Chronic/ Attilla...give us some numbers.

 

[Dentalfloss]

10280 seems to be a decent area for a pullback if it rallies
bulls will be watching that pullback for a move higher..imho
support needs to hold 10150 area
lets see what happens

1 min shows the downtrend that started yesterday

 

[Dentalfloss]

spx into the day..shows the downtrend that started yesterday
needs to stay above 1940 area..clustering around there/aqua horizontal
res areas marked

price testing the red trendline now
bulls will be watching any pullback for confirmation..lol

 

[Dentalfloss]

a decent pump to our 10280 area
scalps out of that as well..10270 the top
1957 holding spx
lets see what the bulls do ??

 

[Dentalfloss]

10293 the top..we had approx 10288
1958 approx the top..we had 1960 area
you can see how p/f is not that precise...cos it depends on exact box sizes and reversals
so long as you get the area..then you know what could be coming

we got a decent dump from those areas

 

[Dentalfloss]

back down to our 1944 area
excellent movement so far
and a bounce

 

[Dentalfloss]

new rally from 1944
and 10220
wont give up...lol