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

[Splitlink]

Yep, saw 4393 as resistance from Fri. How far down though? 😕

I wonder. I think it will go higher, yet, to take this morning's high out, at least.

 

[Outa my gourd]

I wonder. I think it will go higher, yet, to take this morning's high out, at least.

Well, WS did say it would rocket. 👍

 

[minch]

Yep, saw 4393 as resistance from Fri. How far down though? 😕

Poss target on daily( Rbs )price met res here Jan/Feb - level @ 4336.

Im short @ 4380 - Stop @ 4410.

 

[wallstreet1928]

Well, WS did say it would rocket. 👍

I am being very careful with any longs.........

I am short oil.......especially!! stop loss 58.5

I am currently shorting watching Eur/USD carefully............possible failed triple top.......watch carefully !!

 

[carlos b]

snap minch . moved stop loss to 4375 to lock in 5 pips.. which just stopped out ..
thought that might go south a little more..ah well 5 pips is 5 pips

thanks for confirming the entry...

myself i used macd/stoch and ma's on 5 min..

 

[carlos b]

cheers ws

guys in your opinion are inside bars reliable on the ftse / most time frames?
just that i read the dibs thread on forexfactory... amazing insight and wondered if iit would transfer to the indicies from fx ok..

having briefly scanned through the past month or so on a 5min for ftse from what i can see it seems it might..

thoughts?

 

[Outa my gourd]

I am being very careful with any longs.........

I am short oil

Is that Brent Crude July?

 

[Outa my gourd]

snap minch . moved stop loss to 4375 to lock in 5 pips.. which just stopped out ..
thought that might go south a little more..ah well 5 pips is 5 pips

thanks for confirming the entry...

myself i used macd/stoch and ma's on 5 min..

I was reluctant to take that as the DAX is hovering around this morning's resistance, which now appears to be offering support. My understanding is that they can affect each other - am I right in that? 🙄

 

[wallstreet1928]

Is that Brent Crude July?

I am short US crude oil July contract

 

[Outa my gourd]

I am short US crude oil July contract

Ta! 👍

 

[wallstreet1928]

I was reluctant to take that as the DAX is hovering around this morning's resistance, which now appears to be offering support. My understanding is that they can affect each other - am I right in that? 🙄

Dax is the European leader until the Godfather wakes up at 14.30!! ...............FTSE follows the DAX!!

 

[Outa my gourd]

Dax is the European leader until the Godfather wakes up at 14.30!! ...............FTSE follows the DAX!!

😆 Thanks, WS

 

[Outa my gourd]

Got some errands to run. Been an interesting morning - later guys!

 

[carlos b]

small inside bar on 5 min @ 12:20 - if 4391 significantly broken gonna go long to try and grab a few pips

later omg

update long @ 4391 out at 4401 +10

should have trailed but hey.,.still learning and not so easy on spread co's apart form IG but spread = larger

 

[wallstreet1928]

Easy way to get access to dollar index

MarketWatch.com Quote

 

[carlos b]

thanks ws..

your freestock ok?

 

[wallstreet1928]

thanks ws..

your freestock ok?

no its isn't working ............waiting till 14.30 to see if there is any action !!

eur/usd............broken up on the upside!!

closed my oil trade early with a small loss

 

[carlos b]

k

another IB - keeping an eye overall and may go long ftse if 4409 broken significantly...

 

[dr.blix]

short ftse 4398

my thinking was that if dow futures are down there might be a sell off into the US open. does that sound plausible, or have i just given igindex some more free money?!

plus i'm hoping 12.50 was a double top.

 

[carlos b]

gl mr blix.. will only get involved at this juncture if 4409 is broken, which is looking unlikelty for the time being.

may i ask what SL & TP's you have in place?


you'd have to ask an expert re the US influence @ open

however at the moment i'm seeing daily trend up as is 5 min.. 1hr down but slowing up..
plus 4379 was H4 breakout..