FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

from Jason Leavitt

 

[Dentalfloss]

A/D line pulling back

here is spx/5 min data

 

[Dentalfloss]

a big wodge of prev res should provide supp
2085-2087 trend supp area /green

 

[Dentalfloss]

oil/wti pulling back nicely from our marked res area

 

[Dentalfloss]

Sassy options saying likely close above 2075...dunno why

 

[DaxSlut]

765 long taken

Done for the day

out @840 (sorry didn't post other trades in fear of flooding the board) - may fill lower down - I can see targets 2090/10860 but I'll take my fill here - didn't get the huge spike over 2k maybe another day

 

[Atilla]

We'll be closing at 2085 imo

 

[Dentalfloss]

something to make you laugh over the weekend

Ilya Spivak from fxcm recommended a short trade on gbpusd this morning
entry was at aqua horizontal

dong !!

 

[Dentalfloss]

We'll be closing at 2085 imo

20 Heinekens for you....85 for me :smart::smart:

 

[DaxSlut]

Done for the day

out @840 (sorry didn't post other trades in fear of flooding the board) - may fill lower down - I can see targets 2090/10860 but I'll take my fill here - didn't get the huge spike over 2k maybe another day

Boom 10857 and 2090 .... damn work I missed re-entry and limit. Nevermind

Well done to anyone who nailed it

 

[Dentalfloss]

New Zealand dollar rockets after china gets rid of one child policy
lots of milk production

 

[Dentalfloss]

excellent movement on dax and spx
right up to res coincided with oil/wti ride up to res
shorts in on dax .spx and oil
closed a few minutes ago
done for the week
Happy Halloween to all..

 

[DaxSlut]

Well done dentist.....

Before you heading out for shenanigans..... too late.... I was going to write DAX 10820 support

I've hit an evening long 10830 .... no limit no target we'll see how far it goes

//edit if 10840 becomes resistance I'm going to close

 

[Dentalfloss]

dax into the open
one big move on 22/10 from ECB talk...the rest of the time was just a mess
currently rangebound/aqua horizontal
trend supp 10611 area/green
plenty of horizontal supports in that range if we dont breakout

more fumble ??

 

[Dentalfloss]

spx into the open
a trending market
a pullback into support/prev breakout area
trend supp from internal trendline /aqua in 2070-2073 area
trend res/red at 2091 area
2060 area/green
could go either way

 

[Dentalfloss]

oil /wti
seems to be driving the spx

china manuf overnight/tonight
nfp Friday

 

[Atilla]

Well done all you Kiwi's out there. :clap:

Commiserations to our Aussie cousins
May Heineken help you drown your sorrows

 

[Atilla]

oil /wti
seems to be driving the spx

Is there a reason why you say oil seems to be driving spx? Is this in terms of weighting in the indeces by oil giants or another reason?

I was thinking oil is simply range bound between 40-50s give or take couple 00s.

 

[MichaelJohnFX]

Dax into next week. Wants to pop, but which way....

Areas for a pop below have been marked. Possible trend support at 10610-620. Should have a clearer idea next week.

 

[MichaelJohnFX]

Formation on SPX suggests a topping pattern / possible pull back this week...we had this same formation last week, but Draghi put a spanner in the works. Yellow circle is a possible false breakout.