FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

fantastic movement from 10101 bulls having a quick shower.

10101 was my target completion of wave 3 of 5. 161.8% of wave 2 on my 4hr count since the move up from NFP. Looks like this latest move down is corrective - wave 4. Now looking for an implusive wave 5 to that area marked in yellow earlier. 10101 was also previous strong support, now looks like it was res.

 

[MichaelJohnFX]

Could get sold off in the US session - 9920 area of interest

Not quite but 9940 good enough. let's see if we get another retest..9920 needs to hold imho

 

[Dentalfloss]

dax into the open

 

[MichaelJohnFX]

Downward trend on dax started overnight. 9950-9960 areas of interest

 

[Dentalfloss]

picking off a few supp/res areas

 

[MichaelJohnFX]

Other areas of interest:
9903
9846
9800
10k there too.

Still looking for the last impulsive wave. Or suggests that yesterday's high was an end in the cycle.

 

[Moneylender]

Morning all. Nice drop on dax overnight.

 

[Dentalfloss]

we either break higher or test these areas.......imho

a decent bull test is 9833 area

 

[Dentalfloss]

scalps in and out of 9917 area..9917 posted at 7.54am
hit at 7.58am
will 9940 be res ??

 

[Dentalfloss]

9977 prev res yesterday..in that area now
stop tightened

 

[Dentalfloss]

stopped out for a decent run

 

[Dentalfloss]

spx is in a fake
chart comin

 

[Dentalfloss]

scalp out of 9977 area
tight stop

 

[MichaelJohnFX]

Downward trend on dax started overnight. 9950-9960 areas of interest

Out for a loss on this one.

9920 marked yday, along with Dentist 9917. Missed it.

Underground travelling

 

[Dentalfloss]

spx..at a brick wall

 

[Dentalfloss]

range has coiled up on spx
ready for a pop

 

[Moneylender]

range has coiled up on spx
ready for a pop


Pop up or down?

 

[MichaelJohnFX]

Solid bounce from that 9903 area

 

[Dentalfloss]

9917 area...glue on it

 

[Dentalfloss]

a decent run to 10k
stop tightened