FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

not sure where the dax is heading next?

 

[Dentalfloss]

10062-10070 aqua area of support
10105 prev supp==res
also 10125 area and 10142 up to 10184
underneath is 10k
then 9958
also 10143 res area

 

[Dentalfloss]

i just dont think indices have pulled back far enough= possible weakness next week
who knows ??

 

[Dentalfloss]

spx
latest pump has not been supported ..as yet

 

[Dentalfloss]

higherst aqua at 2020 area
prev breakout 2007-2011
trend supp/green in 2003-2007 area
we either pump higher or test those areas

 

[Dentalfloss]

needs a retest of 2020..imho
in 2025 area now which is minor supp

 

[Dentalfloss]

2015-2017 is 50% area of latest push upwards

 

[Dentalfloss]

latest push

 

[boyplunger1929]

needs a retest of 2020..imho
in 2025 area now which is minor supp

totally agree. just sold 2027 tight stop.

 

[Dentalfloss]

need to see 2025 as res
then down to 2020 then 2015 area

 

[dowsp]

The Dow hit 17218 today very close to my initial target..

May go higher Sunday open... but I have 3 cycles coming in this weekend...I suspect that this should suggest a reversal in the Market ....maybe to Oct 30th / Early November...

I then have two or 3 very important cycles coming in over the next 2 months or so.

http://www.trade2win.com/boards/ind...ading-ideas-discussions-1045.html#post2641648

Yes that was a great call Dentist.

17100 was around the fibonacci level of the 18363 May High - 15371 Aug low range.

it topped about the 17180 level on Tuesday Oct 13th...

My initial target had been slightly higher at the 17230 level that has not been hit as yet. and the high came in a day later than I had indicated..
Next target would be the 17360 17400 level.

Usually the Dow does not turn on on a longer term basis on Fibonacci levels in its various ranges.. at least not that much when I have been observing it

It usually hits between a 66.66 / 70.7 range zone or above that 78.6 / 83%

So I think it may go higher.

 

[MichaelJohnFX]

[/IMG]

Dax bigger picture.

 

[MichaelJohnFX]

At this rate I should be calling myself Chronic Picasso.

Few areas of interest. Last signal was bullish...but Dax was / is coiling. Possibly in preparation for GDP numbers tomorrow??

10000-10024
9980
10058
10186.
10220

Including the areas as per marked earlier. Will get a clearer idea tomorrow.

 

[Atilla]

Hi Guys,

3i have gone and updated their charts and the new system; mobile, web and desktop is absolutely atrocious. Had a good decent system working and now in the name of improvement they have trashed something which wasn't perfect but soooo much better than what they have now.

Given it a week of testing and I still don't understand it. Online freebee charting packages are far superior and more intuitive to use. So I'm really upset and fuming

No surprises in guessing I'll be moving to new provider next week. If you have any recommendations, I'd be grateful to hear them.


For now will be using Investing.com sites charting package and their PPoints. Woody's was the one that better corresponds to the conventional ones used before.

 

[Dentalfloss]

At this rate I should be calling myself Chronic Picasso.

Few areas of interest. Last signal was bullish...but Dax was / is coiling. Possibly in preparation for GDP numbers tomorrow??

10000-10024
9980
10058
10186.
10220

Including the areas as per marked earlier. Will get a clearer idea tomorrow.

here is closer look at chronics areas...nice work

trend is up since NFP
downtrend was from 17th Sept
there is a stck of horizontal res going up to 10364 area
especially 10210/break
price pulled back to breakout point 10058/aqua
trend supp at 9968
if we get lucky we could pullback to 9800 area/prev breakout
goin either way

 

[Dentalfloss]

that is a powerful uptrend since NFP
only small retracements

we either pump or dump
trend supp is 10k
horizontal res /pink 10162-10184
minor supp
10073 ,. and 10029
big horizontal supp at 9920 area...above is ,9943.9968

plenty of fumbling until direction is sorted

 

[MichaelJohnFX]

Hi Guys,

3i have gone and updated their charts and the new system; mobile, web and desktop is absolutely atrocious. Had a good decent system working and now in the name of improvement they have trashed something which wasn't perfect but soooo much better than what they have now.

Given it a week of testing and I still don't understand it. Online freebee charting packages are far superior and more intuitive to use. So I'm really upset and fuming

No surprises in guessing I'll be moving to new provider next week. If you have any recommendations, I'd be grateful to hear them.


For now will be using Investing.com sites charting package and their PPoints. Woody's was the one that better corresponds to the conventional ones used before.

you tried pro real time?

 

[Dentalfloss]

spx into the open

we either break or bull test
there is a stack of horizontal res that goes up to 2120
major test of res at 2037-2042 .. and up to 2046 area aswell...that was a prev supp area in July
res starts at 2037 area
getting there now
options expiry on Friday
2017-2024 area..important supp area..imho

its goin either way

 

[Atilla]

DAX Weekly / Daily - Pivot Points

Here are PP ones where I suspect will be heading to as targets highlighted.

I don't see why the bullish trend heading North should change now. All risks have been in the news for a while and there is nothing new to rock the markets. Even China seems to be taking the recent correction in it's stride.

Technically on the DAX we've broken above the 10000 psycho level and basically come back to test support. So I'm still feeling bullish and will follow the trend to test making a HH above 10200s and then 10400s in due course.

First target PP-R1 @ 10346 and then PP-R2 @ 10496.


On the downside well is the psycho level 10,000 & 9950s - 9750s if the unspoken materialises.

 

[Atilla]

SPX - Weekly / Daily - Pivot Points

Same vibes for the SPX. Expecting bullish momentum to continue. In fact if ECB adds to QE that would certainly give it a push to break out of 2030-40 which is a possibility. Expecting 2070s to be attempted with some pull back towards the latter part of the week.

So PP-R1 @ 2245 and PP-R2 @ 2068 expected.

Same treatment on view of charts. Bullish momentum to continue until LLs made.

On the downside 2000 likely to be strong support along with 1970-80s. I've lost count how often we've closed on 2070s & 1970s.

Onwards and forwards...