Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[wallstreet1928]

FTSE analysis for Tuesday 12th may

FTSE looking weak on 1 hr chart 4400 really being tested, next level ......


1 month , 1 hr - 50 MA providing support @ 4400....if taken out then 4310 next level especially after 4410 failed to hold


1 week 10 mins -


strategy

< 4400 ....short market

> 4410 look to go long

feeling sleepy

 

[wallstreet1928]

just quickly chaps..........i don't have time to post analysis !!


S&P - I am looking to open shorts and todays downside target will be 890 region

FTSE - I am looking to short, downside target 4320 today

over and out

 

[wallstreet1928]

4823 important level on DAX , if broken then the floodgates will open and all indices shall nose dive

 

[SuddenDeath]

good morning everyone

 

[LeoE]

Morning, does anyone know whats caused the spike over the past hour on numerous indices/FX pairs etc... I mean, any significant news or just market movements?

 

[Dentalfloss]

i know...it was ws ...he just scored a century

 

[SuddenDeath]

Dax has been uptrending since the cash open....

Morning, does anyone know whats caused the spike over the past hour on numerous indices/FX pairs etc... I mean, any significant news or just market movements?

check google news

 

[wallstreet1928]

just quickly chaps..........i don't have time to post analysis !!


S&P - I am looking to open shorts and todays downside target will be 890 region

FTSE - I am looking to short, downside target 4320 today

over and out

I just sat on the sidelines whilst doing my day job as my short entry was below FTSE 4400 & DAX 4823 on DAX

I am now short dax 4915 ...stop loss 4945

 

[Dentalfloss]

barc just bounced off the 272 support

 

[LeoE]

check google news

cheers, i did have a look a numerous news sites but nothing jumped out at me. Obamas healthcare plan?

 

[Dentalfloss]

tick data..4450 area

 

[Dentalfloss]

how big is obamas healthcare plan in $$ ???
is it bigger than the bank bailout.??

 

[wallstreet1928]

cheers, i did have a look a numerous news sites but nothing jumped out at me. Obamas healthcare plan?

It was oil.....................above $59.00

oil/gas sector rallied along with retail sector and travel and leisure

 

[wallstreet1928]

barc just bounced off the 272 support

I'm shorting barclays .............small position stop loss 300

 

[LeoE]

It was oil.....................above $49.00

oil/gas sector rallied along with retail sector and travel and leisure

Ok thanks. Did you mean above $59 btw?


Theres a pin bar poking through a resistance level on the FTSE 1hr

 

[SuddenDeath]

Crude $59 but BP is flat 514.8 +1p

 

[wallstreet1928]

Crude $59 but BP is flat 514.8 +1p

I am shorting BP , stop loss 545

 

[wallstreet1928]

FTSE 4450 ........important level

 

[wallstreet1928]

I just sat on the sidelines whilst doing my day job as my short entry was below FTSE 4400 & DAX 4823 on DAX

I am now short dax 4915 ...stop loss 4945

amend stop loss to break even

 

[Dentalfloss]

4450 also 4480 is defined