FTSE, DAX, DOW Trading Ideas and discussions

dow
18036 area is a brick wall
this is a plot of the close..so there is overshoot
it does reduce alot of noise
note how the dow got shorted above 18036 area today
so we had good trading volatility today with the recoil into res .ie above 18036..then the range from the highs to 18K...17916 area was a previous breakout point from 9th April.So reasonably predictable price action
the reaction within the res areas will determine the next move..imho

2hghbax.gif
 
1st test of 18100 on 13th then liquidation , retracement from double bottom line... and come back near 18100 for 2nd test today....
 
Intraday Price action clearly indicating DOW breaking 18100....:rolleyes:
looks like it
that 18100 area has been a dog

2i7y9w4.gif



that is the upmove on 1 min from US open
second consecutive signal / pink is how i trade..thats it..you can see the entry point clearly
 
So China GDP and Industrial Production at 3 AM will set the tone... will probably break the resistance

German Final CPI at 7 AM in the morning will fill some air...
 
DAX coming to climax point... breakout or pullback??...lets see
 

Attachments

  • DAX_15APRV1.jpg
    DAX_15APRV1.jpg
    200.5 KB · Views: 78
Top