FTSE, DAX, DOW Trading Ideas and discussions

[2be]

we can keep the thread going
THIS IS A GREAT TIME to keep it going...lots of volatility

I prefer to discuss particular set ups and levels at which to initiate or close position, this thread's title suits me for that purpose.
Where is Jessi?
I am not that active on any threads during active trading.
Interesting DAX PA atm.

 

[Dentalfloss]

all areas hit that we talked about this morning
plenty of scalps in between aswell

 

[JER08]

Regarding Dow: one possibility is that it could rally all the way back above 18300, finish around today's high is a first step IMHO.

 

[Dentalfloss]

we got bonus points aswell after those target areas broke...wow

 

[Dentalfloss]

Regarding Dow: one possibility is that it could rally all the way back above 18300, finish around today's high is a first step IMHO.

could be..but you have got take out those res areas first
todays close might be irrelevant in such volatility

the horizontal count gives us about 17900..so it will have to pull back and consolidate before another move up..
but ..in this market anything could happen

 

[JER08]

"the horizontal count gives us about 17900", this will be the 2nd step if it gets there.
Agree that anything could happen, that's why i said it's one possibility

 

[paszkman]

@dentist007 I see CADJPY has been consolidating for almost 2 months now..must be getting ready for a big move? Are you keeping an eye on that?

 

[libbo2003]

Dentist any charts for the dax this morning?

 

[NickBk]

where is the jessi character and why he gone?

 

[Dentalfloss]

Dentist any charts for the dax this morning?

comin up soon
just got out of bed

 

[Dentalfloss]

where is the jessi character and why he gone?

t2w staff are not happy with him..i think
i thought his stuff was ok

 

[Dentalfloss]

** HEDGE FUND RADIO on RESONANCE FM: Monday, Mar. 30 **

You are cordially invited to listen...Hosted by Dr. Stu. Live from Brokebank Mountain in Wyoming. The Five times Sony Awards-nominated N@ked Short Club Happens on Monday, Mar. 30 9-10pm/21.00-22.00 hrs., London time, on Resonance FM [104.4FM within London/online worldwide via www.resonancefm.com]: 1 hour of loose talk about hedge funds and the state of the world plus poetry and heady music. No promotional agenda, no commercial intent...just Purest Alpha and Ponzi Bier in these interesting times, with expert guests: Peter West- Head of Research, Pam Global; Marc Ostwald- FX, Rates & EM Strategist, ADMISI; Nacho Morais- Manager, Pragma; Niki Natarajan- Founder, In Ink; plus by Astral projection from somewhere on the East Coast, Mike Gasior- CEO, AFS. Poetry: Annabelle Cattin.

 

[Dentalfloss]

never listened to that before
Marc Ostwald is the one that interests me

 

[Dentalfloss]

general picture of dax showing the upmove that we got yesterday morning

 

[Dentalfloss]

that is the only move we want to plot
so..we either we break higher...then we need to find out where res can be
or.. we test the supp areas underneath

 

[libbo2003]

general picture of dax showing the upmove that we got yesterday morning

what is the value of each 0 X? on the chart?

 

[Dentalfloss]

if we widen the plot area to one week of data
there are a few horizontal res areas above/red
so now we have an idea where it could go to
11960
12020
12070 AREAS

 

[Dentalfloss]

what is the value of each 0 X? on the chart?

chart toolbox
10 points
it is 15 min data

 

[Dentalfloss]

then if we change the chart inputs ..still with 15 min data

 

[Dentalfloss]

i change the chart inputs to take a closer look at the uptrend that started yesterday
still on 15 min data and 10 point box size

it has highlighted a few areas where supp for that uptrend might come in if it breaks down
11860 and 11820 area/horizontal red
11820 is also trend/green supp
so now we have an idea what could happen this morning