FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

Is it going to be blood bath on wall street today ??? May be I am exaggerating the situation here...

not quite

 

[Dentalfloss]

u gotta watch that latest uptrend /green

 

[Jessi_trader]

u gotta watch that latest uptrend /green

only if breaks 18000...

 

[myattitude]

^ would you consider it broken now?

 

[Jessi_trader]

^ would you consider it broken now?

technically yes, but would you want to trade that breakout specially with so many intraday resistance in play at near by area?

Specially the yesterday's high....

 

[myattitude]

it does seem congested at the mo

 

[Dentalfloss]

somebody honking on twitter that spx has a bearish crab pattern
sell at 2015

 

[Jessi_trader]

somebody honking on twitter that spx has a bearish crab pattern
sell at 2015

and DOW sell @ 18150

 

[Jessi_trader]

a better...picture...

 

[Dentalfloss]

not quite

nailed it

 

[Dentalfloss]

ignore the numbers..they are dates

 

[Dentalfloss]

some pretty wild stuff over the last week...but we managed to read it well
p/f thrives on volatility

 

[myattitude]

im going to make a crystal ball prediction and say dax will go from 11850 at the open down to at least 700 tomorrow

but given my track record, i recommend you all do the exact opposite if you want to make any money

 

[Dentalfloss]

a different story with the dax...not even tested the trend
there is an inkling of a possible recoil..green..it could even test the trend at 11860 area..lets see what happens

 

[Dentalfloss]

German ifo at 9 am tomorrow..that area might get tested premarket
7-8 am is pretty good these days

 

[Dentalfloss]

trend support at 11740 area..yeah it should all get tested
above that is 11883

 

[Dentalfloss]

should be a good premarket
bulls have a sniff of recovery

us index now testing res aswell

 

[Dentalfloss]

mornin all

 

[Dentalfloss]

11740 area as we said last night was trend support...acting like a magnet premarket

 

[Dentalfloss]

FX Fundamental Analysis:
Traders May Ignore German IFO Data on Limited ECB Expectations Impact
Euro May Rise on Bets Eurozone Officials to Reach Deal on Greece Funding
The Euro may ignore German IFO data, rising amid speculation that Eurozone officials will reach a deal on Greek funding at a meeting in Riga.
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