MichaelJohnFX
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Trend res @ 11182 area.
FTSE, DAX, DOW Trading Ideas and discussions
- Thread starter Jessi_trader
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MichaelJohnFX
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Price looking squeezed from that tank overnight.
MichaelJohnFX
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P/F charts should be able to show that.
Dentalfloss
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today
a decent rally..then a pullback to prev breakout
a decent rally..then a pullback to prev breakout
Dentalfloss
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areas to watch for
Dentalfloss
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thinking we might get fake bearish signals tonight and tomorrow morning
then a rally
then a rally
Dentalfloss
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eruusd into 1.1220 res
Dentalfloss
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what a recovery
Dentalfloss
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spx looks a tad oversold on 1 minute
Dentalfloss
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possible supp area/pink
MichaelJohnFX
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Decentish move up.
Dentalfloss
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2052 pivot ??
MichaelJohnFX
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10997 was breakout this morning.
10958 area was also sup this morning - this won't probably hold tbh.
All other areas as listed before stay the same. We hit a couple today.
Was particularly happy with 11288 we had marked.
Otherwise, great calls guys. Especially Atilla - pretty much spot on with 11224 and 11300. Always calling great pivot points too 🙂
And of course Dentists, always providing great charts.
I've just joined trading view. I'll be quick rescinding my subscription - those guys are nutters. It's pretty much a drawing competition with the way they draw charts!
As I keep saying, we'd be so profitable if we started a hedge fund.
Where are the others?? Radin, Itspossible, Jessie etc??
Mrs Daxy just reeling in all those shorts (fake) for her to rally up again, then tank.
10958 area was also sup this morning - this won't probably hold tbh.
All other areas as listed before stay the same. We hit a couple today.
Was particularly happy with 11288 we had marked.
Otherwise, great calls guys. Especially Atilla - pretty much spot on with 11224 and 11300. Always calling great pivot points too 🙂
And of course Dentists, always providing great charts.
I've just joined trading view. I'll be quick rescinding my subscription - those guys are nutters. It's pretty much a drawing competition with the way they draw charts!
As I keep saying, we'd be so profitable if we started a hedge fund.
Where are the others?? Radin, Itspossible, Jessie etc??
Mrs Daxy just reeling in all those shorts (fake) for her to rally up again, then tank.
Atilla
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Atilla
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DAX,
Gap seemed like an over reaction and was pretty early recovered. Seeing stable euro holding 1.09 and not collapsing rallied promptly and with gusto soon after markets opened.
Merkel's conference coupled with her coalition partner showed a unified and strong response just before US markets opened. Door was also left open for Greece to continue with negotiations after their vote which was positive.
11200 and 11300 were key targets as they were previous support lines.
They failed to hold however and we are now back to market open.
I don't believe this is to do with Grexit but more China and over-heating of markets facing bubble territory imo.
Where do we go from here?
Green lines are support and resistance lines commented on in bloggs below.
I think 10800 likely to be S/R point sooner or later.
I'm not confident of the rallies but would expect another one. Will go with PP and S/R numbers but don't know what they are at the mo.
Will have to wait for sod chart tomorrow.
First chart is Daily
Second chart is pre market 15m.
Gap seemed like an over reaction and was pretty early recovered. Seeing stable euro holding 1.09 and not collapsing rallied promptly and with gusto soon after markets opened.
Merkel's conference coupled with her coalition partner showed a unified and strong response just before US markets opened. Door was also left open for Greece to continue with negotiations after their vote which was positive.
11200 and 11300 were key targets as they were previous support lines.
They failed to hold however and we are now back to market open.
I don't believe this is to do with Grexit but more China and over-heating of markets facing bubble territory imo.
Where do we go from here?
Green lines are support and resistance lines commented on in bloggs below.
I think 10800 likely to be S/R point sooner or later.
I'm not confident of the rallies but would expect another one. Will go with PP and S/R numbers but don't know what they are at the mo.
Will have to wait for sod chart tomorrow.
First chart is Daily
Second chart is pre market 15m.
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Atilla
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SPX
We've breached two long term support trendlines from last October's dip and we are now in a down-trend imo.
Chart clearly shows this. Moreover, 2065 - 2062 are Fib 21% & 34% retracements in blue.
Don't have PP but I would strongly suspect tomorrow's PP will line up wit Fib numbers.
I'd have 2025 / 1990 / 1960 as bottom areas to probe :cheesy:
We've breached two long term support trendlines from last October's dip and we are now in a down-trend imo.
Chart clearly shows this. Moreover, 2065 - 2062 are Fib 21% & 34% retracements in blue.
Don't have PP but I would strongly suspect tomorrow's PP will line up wit Fib numbers.
I'd have 2025 / 1990 / 1960 as bottom areas to probe :cheesy:
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Atilla
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DOW
Given it the same trendlines as SPX and support is at 17570 imo.
That last candle bar is an Inverted Hammer (opposite of shooting star) and can indicate a bullish sentiment. Before we confirm it, however, we have to wait for tomorrow.
We need the bulls to push it back higher, in which case it's good.
If they fail and we close lower, then it's really bad in that it is simply a continuation of more falls to come.
Either way bulls must try harder or else :whistling
In the absence of PP numbers (due tomorrow morning) I'd use Fib retrace as targets in blue.
Given it the same trendlines as SPX and support is at 17570 imo.
That last candle bar is an Inverted Hammer (opposite of shooting star) and can indicate a bullish sentiment. Before we confirm it, however, we have to wait for tomorrow.
We need the bulls to push it back higher, in which case it's good.
If they fail and we close lower, then it's really bad in that it is simply a continuation of more falls to come.
Either way bulls must try harder or else :whistling
In the absence of PP numbers (due tomorrow morning) I'd use Fib retrace as targets in blue.
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Dentalfloss
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mornin all
best day ever ...yesterday
must not get too cocky....
stay calm and carry on
today will be good
best day ever ...yesterday
must not get too cocky....
stay calm and carry on
today will be good
Dentalfloss
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we look at this trend
30 min data
spx
gap is not shown because we are not near to filling it
res starts at 2068 /prev supp area
pivot area at 2052..as we said last night
30 min data
spx
gap is not shown because we are not near to filling it
res starts at 2068 /prev supp area
pivot area at 2052..as we said last night