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

[LeoE]

FTSE looking good for a short position. Tested the 38.2% retracement of yesterdays fall a few times, I'm short from 4324

Stopped out, -34

 

[SuddenDeath]

good morning room

 

[Dentalfloss]

morning all
retracing a downtrend
tick data..4 point box size..3 reversal

 

[wallstreet1928]

morning ..........

FTSE...1 month 1 hr

mega trend line I would like to bring your attention

 

[lapalabra]

morning ..........

FTSE...1 month 1 hr

mega trend line I would like to your attention

Cheers for that Ws, I had totally missed that down channel forming top left to bottom right.

 

[Dentalfloss]

beware of calling this a downtrend as yet.on a higher chart/daily data.it is just showing that the range is getting constricted.with a bit of luck we could get a triangle

 

[lapalabra]

beware of calling this a downtrend as yet.on a higher chart/daily data.it is just showing that the range is getting constricted.with a bit of luck we could get a triangle

Dentist, could you point me in the right direction to an online resource/somewhere for reading up on p/f charts you post? i would really like to understand them

 

[wallstreet1928]

beware of calling this a downtrend as yet.on a higher chart/daily data.it is just showing that the range is getting constricted.with a bit of luck we could get a triangle

I agree

Miners powering the FTSE..............we may have a break out on FTSE

 

[wallstreet1928]

I agree

Miners powering the FTSE..............we may have a break out on FTSE

I am going long 4395 ...stop loss 4365

target 4430- 40

 

[carlos b]

lapalabra - i found this - not sure if its in depth enough for your needs but may be a start.

Point and Figure Charting

 

[lapalabra]

lapalabra - i found this - not sure if its in depth enough for your needs but may be a start.

Point and Figure Charting

Cheers mate

 

[wallstreet1928]

I am going long 4395 ...stop loss 4365

target 4430- 40

stop loss hit

caught out on false break out even after waiting for 2nd 10 min candle to form

 

[Dentalfloss]

p/f sites are at stockcharts and incrediblecharts and marcrivalland.com

 

[Dentalfloss]

a trendline on the tick chrt.not sure how important it is,as yet

 

[bennie83]

long at 4339

 

[Dentalfloss]

balfour beatty.
what does this company do..is it construction or real estate investment?
tight triangular range formed.is there any news that can make it breakout.?
let me know

 

[dr.blix]

afternoon fellas.

quite a drop today. wasn't much of an indication with osc divergence, only on the 30TF that i could see.

nice to see my 4355 and 4334 s&r were in the right places.

light bullsish divergence now, but only on the 10 TF.

edit: actually that's rubbish, there was bearish divergence on the 1hr too.

 

[bennie83]

long at 4339

hmmm, this probably wont work out!

 

[bennie83]

long at 4339

And I'm out - 15

 

[hairyman]

short 4302 s/l 100 june price