FTSE, DAX, DOW Trading Ideas and discussions

out for +6 all this talk of rinse aid is affecting the size of my balls :/
 
out for +6 all this talk of rinse aid is affecting the size of my balls :/
definitely...
when you think it will tank...it does not...hence you need to be as slippery as possible...so the dirt rubs off quickly

:smart::smart::smart::smart::smart:
 
On an aside, does anyone experiment/ have any success with index/forex options?
I'm currently playing with them through IG, stating the sodding obvious they seem to be a great way to mitigate risk!
 
My thoughts as long as it stays above 10,741/64 today...

Morning

Got some interesting charts.

November 20 year cycle suggest minor dip and then consolidation of highs before a resumption of the up-trend second part of November and into early December.

Marked yellow and green phases on cycle chart.

Also there is divergence between DAX relative to its 20 day average which suggest a short term top is near in preparation for that minor dip.

The cycle suggests that once the dip is complete the rally will be relentless 2nd part of November, early December, similar to what we saw in recent days.

I'm not sure the short-term high is in place yet, I would have thought maybe it tested the 11,040/90 area first then the dip.

Will see how this takes shape...

Any thoughts ?
 

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into our 10927 area now
what next ??

nice charts...tradestar

Thanks.

I'm thinking this cycle dip has started with the short-term high around 11k now unless it does a DAX special and reverses and shoots higher.

If this dip is happening though, then should happen in 4 stages, dip to around 10,800 and small consolidation then dip to 10,729/69 for a short-term bounce, catch early buyers before a final pulse down to 10,680/710 then a strong rally back up to near the 11k over the next few days.

Just my opinion of course and using cycle analysis with technicals.
 

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