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

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here is the chop on the ftse
 

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This rally stinks .........

I did say it was going to be hard trading today

I have now set up a short FTSE 4490 ....1 contract ........stop loss 4700

I have shorted DAX 1 contract 5050 ....stop loss 5150

I am willing to risk £300 of my capital in return for a more than double/triple return!!


lets see how this goes

i am off to sleep now!!

I have awoken from my slumber and guess what the market is down .........surprise, surprise!!
 
yes thanks ITS

great call ws.. gl mate

p.s any proven/ preferred reading material i should get stuck into re TA?
 
Just managed a quick +11 on that spike down - down she keeps going though.

Sorry, would have posted - that was a luck trade anyway.

Bold move fom WS!! Stops at 4700... GL mate!

How's everyone doing?
 
yes thanks ITS

great call ws.. gl mate

p.s any proven/ preferred reading material i should get stuck into re TA?

I for one believe in learning on the job, therefore i would highly recommend doing the inthemoneystocks webinar .......... and not to mention joining there daily research centre!!

InTheMoneyStocks-www.inthemoneystocks.com

I have learnt everything from there

not a big fan of books.........
 
well done geo.. im leaving it for today.. if pips in the bag. i try not to trade if i dont need to towards close of uk and mid US..i'm sure there's a knack to this period that the more senior members
can do well in..

ah thanks ws.. nice



breakout retrace!?
 
Just managed a quick +11 on that spike down - down she keeps going though.

Sorry, would have posted - that was a luck trade anyway.

Bold move fom WS!! Stops at 4700... GL mate!

How's everyone doing?

Its all about risk management my friend........hence 1 contract on each indices!!

I made that profit yesterday, so i am willing to loose a days profit on a very good risk/return rate.....

already £70 in profit and amended everything to break even ........

so now that means i have no risk what so ever .......

worst case scenario i will break even!!

happy trading all
 
I'm done for the day, football training shortly. Will come back fresh tomorrow. 20.5 points today, a little disappointed with that, I felt like I was gonna get more today, but the market was tough, so I guess I should be happy with that. Back on form after being in negative teritory last week - I think I ended up about - 45 points - eeek. But this week has made up for that. Good luck to everyone still in positions.
 
Its all about risk management my friend........hence 1 contract on each indices!!

I made that profit yesterday, so i am willing to loose a days profit on a very good risk/return rate.....

already £70 in profit and amended everything to break even ........

so now that means i have no risk what so ever .......

worst case scenario i will break even!!

happy trading all


nice work mate:D
 
S&P 500

Important trendline for me chaps

thanks ws..

could you poss help my TA learning curve - what is this chart saying to you?
i notice a series of higher lows with the 3 ma's in agressive up trend..

would i be right in thinking you are waiting to see what happens with the retacment at 910 for s/r?

sorry newbie stuff i know
 
Thank you very much, it is much appreciated. We hope to provide much more useful analysis in the future!

Happy trading everyone!


welcome, welcome my most honourable friend

It is a great honour to have you on this thread, and I say that on behalf of all the people on this thread as we view your analysis on a daily basis.

thank you
 
FTSe gap fill important level 4445

if broken then down she comes ..........

she has done well to stay afloat all day
 

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thanks ws..

could you poss help my TA learning curve - what is this chart saying to you?
i notice a series of higher lows with the 3 ma's in agressive up trend..

would i be right in thinking you are waiting to see what happens with the retacment at 910 for s/r?

sorry newbie stuff i know

I just keep it simple my friend

lo and behold trend line hit and support is found .........can it hold we shall wait and see!!

I use the 10 min chart to confirm my 60 min!!

I need to use it in sync, i will explain it in a bit

I am now short S&P

809.2 ..stop loss 813.2 ...target 805- 804
 
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