Message For Ftse Traders......

[wallstreet1928]

trailing stop loss to 4065!!

 

[jameshj]

eur usd

Pivot point at 1.2713. May go further. 1.2500 is the recent low

 

[jameshj]

Eur Usd

Over sold at the moment though

 

[Dentalfloss]

4040 is s1
there is a nice woman on bloomberg saying she prefers vod to bp

 

[wallstreet1928]

Yes, you could be right. Following your lead is actually part of my current strategy, but I'm going to see this one through seeing as I started it and my stop is 2 quid. If it goes the wrong way i'll skip coffee!

I'm flattered my friend, but i have to stress i am rookie like you and i am still learning. if you want to follow some one then i reccomend you follow this chap called Sujith or my good friend William

links below

Market Views
subscribe to his free market calls and you will learn a lot

http://www.trade2win.com/boards/met...edium-term-intraday-calls-gold-here-1158.html

but i will keep posting regardless

 

[wallstreet1928]

my vodafone short is looking cool and my barclays short is looking even better ??

 

[wallstreet1928]

latest analysis from my good friend Sir William,

"Neither the FTSE nor the Dax seem to be holding up well this morning, both have come off the figure now and the indication is for weakness. However, there could well be support in the Dax around 4,260, so I will not be shorting it yet for a low probability return. I'm leaving it for the day.

Kind regards,

William"

 

[wallstreet1928]

he uses concept called Market Profile for his trading strategy!!

 

[wallstreet1928]

waiting for 4075 to break...if so then 4050 ...then 4000!!

i am more negative!!

i am short on S&P also and expect it to hit 816 today!!

Target met, position closed !! 25 points profit.....

 

[wallstreet1928]

buy dax 4225 ....stop loss 4200!!

target is small pull back of 10-20 points!!

 

[wallstreet1928]

long FTSE 4042 ...stop loss 4020 !!

target , expecting small pull back of 10-15 points as fierce support around 4050 region and also Pivot suppport S1 at 4046 region!!

 

[tennisball]

I'm flattered my friend, but i have to stress i am rookie like you and i am still learning. if you want to follow some one then i reccomend you follow this chap called Sujith or my good friend William

links below

Market Views
subscribe to his free market calls and you will learn a lot

http://www.trade2win.com/boards/met...edium-term-intraday-calls-gold-here-1158.html

but i will keep posting regardless

Thanks - I'll check these out. ftse coming up to the 4040 normally I would think bounce, but the down trend looks relentless

 

[jameshj]

FTSE target

If the last consolidation was a an Elliott fourth wave then the fifth wave target (assuming equality) is 3940 which just happens to be the recent bottom.

 

[wallstreet1928]

buy dax 4225 ....stop loss 4200!!

target is small pull back of 10-20 points!!

closed position 4235 ... 10 points profit!!

 

[wallstreet1928]

long FTSE 4042 ...stop loss 4020 !!

target , expecting small pull back of 10-15 points as fierce support around 4050 region and also Pivot suppport S1 at 4046 region!!

i can close with 10 point profit but i think this will hold and go higher in the interim therefore trailing stop loss 4045!!

 

[wallstreet1928]

If the last consolidation was a an Elliott fourth wave then the fifth wave target (assuming equality) is 3940 which just happens to be the recent bottom.

I don't know my friend, i am still studying "Elliott Wave Principle: Key to Market Behavior ", by Robert R. Prechter

told you i'm still a novice

But if you email William I guarantee he will give you a comprehensive reply, tell him you spoke to me and copy and past this message in your email

[email protected]

my name is Aadil Shahzad

 

[uksnowman]

Good call on the DAX! Would like to know which indicators you were using to spot the upturn (newbie question sorry!).

What are others thoughts on BP today? I'm currently short on it but there hasn't been much movement apart from the initial sell off due to poorer than expected results.

 

[wallstreet1928]

If the last consolidation was a an Elliott fourth wave then the fifth wave target (assuming equality) is 3940 which just happens to be the recent bottom.

i think this will answer your question

Market Views

 

[wallstreet1928]

Good call on the DAX! Would like to know which indicators you were using to spot the upturn (newbie question sorry!).

i strongly advise you to either subscribe or study these videos on daily basis , its free end of day

YouTube - inthemoneystocks's Channel

i use 20, 50 & 200 day EMA....also pivot points and normal support/resistance lines but one week long!!

I am looking at 1 week, 1 hr chart & 1 day 5 min, 10 min, 15 min!!

once the market broke 20 day EMA i was bearish and the only support was 4050/4040!!

i was initially bullish in the morning as FTSE on CMC market maker CFD platform hit 4125 and broke above 20/50 day EMA and i thought that was a good buy signal along with miners and teleocms sector rallying but it all went pare shaped once it went below 4100......

any more questions I am here to help and tell you all i know from my little knowledge!!

 

[Dentalfloss]

wallstreet...are you running market profile software.?