FTSE, DAX, DOW Trading Ideas and discussions

[Jessi_trader]

jumped till 10687 .... I missed 187 points .....

 

[Dentalfloss]

Jessi & Dentist, I tend to rely heavily on momentum after obvious levels are hit, do you guys do similar ?

nope
not me
i am a breakout trader...nothing more
levels are only a guide ..i am looking for signals...p/f signals

 

[Jessi_trader]

I think there will be re-test of 10500 considering the force in the down trend... and there will be jump close to 1200 if not 1200....

I have received an email last night some one predicting .50 in next 2-3 years, that will be death of euro ...if that happens

 

[Jessi_trader]

GBP/USD buy next week as well @ 14800 area target 15000

GBPUSD touching that line.... there could be potential long here....

 

[Jessi_trader]

Yes... potential long setup... watch that trendline...

 

[jeffre4]

target 6700 FTSE

leave the ftse alone thats my job to short it

 

[Jessi_trader]

jump to 14900 possible....

 

[Jessi_trader]

leave the ftse alone thats my job to short it

go ahead.....she is your darling.... I am not touching...

 

[jeffre4]

gap on ftse at 6703 so that would fall in line with chart jessie

 

[Jessi_trader]

Gold far away so will track next week....

 

[jeffre4]

I think there will be re-test of 10500 considering the force in the down trend... and there will be jump close to 1200 if not 1200....

I have received an email last night some one predicting .50 in next 2-3 years, that will be death of euro ...if that happens

jessie did u mean 11500

 

[Jessi_trader]

jessie did u mean 11500

We kept recommending selling euro from 1.3900 which target of 1.1700 in 2014, 0.83 in the two years and 0.50 three to five years.

 

[Jessi_trader]

that's what it says....

 

[tokyojoe]

nope
not me
i am a breakout trader...nothing more
levels are only a guide ..i am looking for signals...p/f signals

Thanks Dentist, I have a great respect for your input

 

[Jessi_trader]

jessie did u mean 11500

yeah jump to around that area...

 

[jeffre4]

cheers

 

[Jessi_trader]

Jessi & Dentist, I tend to rely heavily on momentum after obvious levels are hit, do you guys do similar ?

did not quite get tokyojoe

but I have noticed , momentums are not same in all occasions and in some cases it takes time to eventually materialize the trade... so needs bit of patience...

in some cases trades materialize in minutes...

having said that.... when the price is at important levels when news is about to break then momentum would be very strong... that's what I have seen...

 

[Jessi_trader]

There is a short trade.....in 30 minutes chart

This setup is complete now about 45 points worth...

 

[Jessi_trader]

Yes... potential long setup... watch that trendline...

GBP finally broke down...

 

[tokyojoe]

did not quite get tokyojoe

but I have noticed , momentums are not same in all occasions and in some cases it takes time to eventually materialize the trade... so needs bit of patience...

in some cases trades materialize in minutes...

having said that.... when the price is at important levels when news is about to break then momentum would be very strong... that's what I have seen...

Agreed, I always try to have patience, even the bounce trade I took earlier took approx 2 or 3 mins for me to jump on, as I know they are very very dangerous areas to enter, but you kind of get a feel for the build up, I don't fair so well in any sort of grind