FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

dax coudl go either way

60 min data
2 down trends from 28th may
at horizontal support now
11376 prev supp
what time is greek deadline ??

 

[MichaelJohnFX]

Buy order set @ 11120 area. Will wait to see if it gets hit. :whistling

I still have short bias. Did take a short off the 11400s today but didn't post it. However, exited way too early. Could have tripled it with hindsight. 🙁

Small error on my behalf. This morning trade closed for -8 not +8. My maths failing me. Noticed as I was doing eod p&l.


Also, oil dropped nicely off the 60s and gold is a buy anywhere above 70s for me. Behaving much better than the indeces fwiw.

Opec and NFP tomorrow. Should be fun. 👍

Would not be surprised if it hit that number mate. Good level to get it @

 

[MichaelJohnFX]

I've identified 11360 area, then a short from there. If it gets there. Sorry I don't post charts btw, never have the time to do it!

 

[MichaelJohnFX]

Edgey opening

 

[MichaelJohnFX]

Short scalps from 11250. Struggling to push past that

 

[MichaelJohnFX]

Haha spoke too soon. Stopped out -20. Get from the market, give to the market haha

 

[Dentalfloss]

1 minute data
for yesterday

11280 area is horizontal res

 

[Dentalfloss]

17868 area we had marked on the dow held well
dunno if it will last
uop to Radins 17950 then scal;p short

 

[Dentalfloss]

scalps in and out of 11280 res

 

[MichaelJohnFX]

1 minute data
for yesterday
11280 area is horizontal res

Spot on . Just seen that on my 1 min chart

anything above that we break to 11340-11360

 

[MichaelJohnFX]

11220 support on 1 min chart - don't hold your breath with it though.

Looks like we'll trade between that and 11280 level. Until we pop one way or another.

 

[MichaelJohnFX]

Scalps long taken

 

[Dentalfloss]

11220 support on 1 min chart - don't hold your breath with it though.

Looks like we'll trade between that and 11280 level. Until we pop one way or another.

yeah
as we said last weekend..there are no definite s/r areas that will last

 

[RadinSG]

17868 area we had marked on the dow held well
dunno if it will last
uop to Radins 17950 then scal;p short

nicely put on the the Dow 😛. I could not have said it any betta Mr D. i likey likey

 

[RadinSG]

Edgey opening

Pretty boring rangebound start today unlike the Fast & Furious yesterday.

Am hopeful for gd data for Non Farm payrolls so we ride past to 18000 n scalp from there and at 17950

 

[MichaelJohnFX]

Another nice bounce from that 11220 area. Riskay though...Had to keep stops tight.

 

[wysiwyg]

Morning/afternoon all, any thoughts on back up from here, or down to 11100 first?

 

[RadinSG]

Morning/afternoon all, any thoughts on back up from here, or down to 11100 first?

There is a lot of support at 11200 and 11186 for now. If non farm falls short of expectations, expect it to drag the emotionally charged Dax to test the 11100. If it goes there, expect to buy a lot at that level and see it bounce 😛

 

[wysiwyg]

Thanks, my thinking too

 

[MichaelJohnFX]

There is a lot of support at 11200 and 11186 for now. If non farm falls short of expectations, expect it to drag the emotionally charged Dax to test the 11100. If it goes there, expect to buy a lot at that level and see it bounce 😛

This.

I'd say whenever it's NFP day, market never really stops going in whatever direction is needs to go. i.e a good number - rallies all afternoon. Bad number, then tanks.