Message For Ftse Traders......

[wallstreet1928]

OK i'm bearish again as 50 day EMA taken out, next resistance level 4070(200 EMA)...if that gets taken out and I presume it will then I expect market to touch 4110(R1 pivot) before falling back as it is valued around 31.8%, FIB level!! historical bounces from that level have reached 4110 area........

learing FIbs at present so it may be wrong by a few pionts

the FTSE was oscillating like mad last night

Oh what an idiot!!

ignore my previous analysis i was looking at another chart/time frame...yetserdays!

I'm half asleep this morning......

give me 10 minutes and i will give you my analysis

what a fool!!

 

[wallstreet1928]

Hit

well done my friend...you are getting better!!

 

[wallstreet1928]

just quickly ..............I'm bullish till 4165...then resistance !!

 

[wallstreet1928]

just quickly ..............I'm bullish till 4165...then resistance !!

buckle up for resistance guys

 

[S_D]

If this resistance holds again I'm going short, target 4050.

 

[wallstreet1928]

Morning Wallstreet,

What time frame are those figures from?

they were wrong my friend as I was looking another date on FTSE......


I usually use 60 min 1week, and 10 min 1week,2days chart, sometime 320 min as well on 3 monthly

 

[minime69]

if the future can break above 4048 and 4055 we could spike to 4077 to 4093, be carefull.

do as i say not as i do...........always use stops!

 

[Chelski]

they were wrong my friend as I was looking another date on FTSE......


I usually use 60 min 1week, and 10 min 1week,2days chart, sometime 320 min as well on 3 monthly

I look at 1hour, and day on a less cluttered chart and 5 and 10 min for trades.

 

[S_D]

We could be enormously oversold in a minute. Looking to go long...

 

[S_D]

Got a stop order in for 4030, long, target 4050 S/L 4010

 

[KillPhil08]

who got that ftse 1m breakdown. I missed my entry so couldn't, looks good for a hold through news.

 

[minime69]

down side support @ 3994 broken, next target @ 3966/60

 

[S_D]

Heading for 4000....

 

[KillPhil08]

I'm going long after a break through this 1m trend. Just broke 4000[cash]. Minutes in 5.

[going to add [cash] or [fut] to the end so you guys know what im on about ]

 

[wallstreet1928]

OK PEOPLE 2 SCENARIOS

1. FTSE TOUCHES S1 PIVOT 3965
2. FTSE TOUCHES R1 PIVOT 4098

As I write market touching 4000 and a lot of people stop losses will get taken out pushing the market lower.......

If i were trading would be looking to set up long positions 10 points either side of the pivot level with 30 point stop loss!!

DAX looks like a better buy S1 pivot 4164!!


my 20 & 50 EMA's have been wiped out...........I'm a worker without his tools!!

 

[KillPhil08]

Just broke. minutes in 3. Tight sl's to lock in profits.

 

[S_D]

Got a stop order in for 4030, long, target 4050 S/L 4010

Amended stop order to 4020, S/L 4000, target 4050

 

[Bloodhound]

Good morning everyone!!!

 

[S_D]

Morning KJ, welcome to the action!

 

[wallstreet1928]

Good morning everyone!!!

morning my friend..........

i still can't log in to that account I set up last night!! Arrrrrrr.....

the short last night would have paid off tremendously well!!