Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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Dentalfloss
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dr.blix
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well as per i've made more bad calls than good today, i think i'll call it quits after clawing back 10 pts (woohoo, i might be able to afford an ice lolly out of that:cheesy
i'm going to enjoy the sun as i normally do even worse when the US opens.
good luck everyone for this sarvo, i'll keep popping back to see how things are going (when the sun gets a bit too much)...and remember...
you should always be keen to learn...but even keener to earn
i'm going to enjoy the sun as i normally do even worse when the US opens.
good luck everyone for this sarvo, i'll keep popping back to see how things are going (when the sun gets a bit too much)...and remember...
you should always be keen to learn...but even keener to earn
wallstreet1928
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just woke up from my siesta
what happened ? US $ dollar just happened............
weak data = weak US $ = look at eur and gbp - they have just picked up which means weaker dollar
weak $ = market up
keep this formula and you will have an edge
my FTSE position looking good as I went long again after it hit break even earlier ...Arrr!!
4315 is a very powerful support and 880 level is another strong level for S&P
wallstreet1928
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we should always consider an Alternative scenario - but US dollar has to weaken further
Short Term Trading Live with Oscar - Daily Short term Trading Video
Short Term Trading Live with Oscar - Daily Short term Trading Video
wallstreet1928
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I will be shorting S&P at 891 or 895 ...stop loss tbc
wallstreet1928
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I will wait and see for failure at 1380 on nasdaq before shorting
SuddenDeath
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if someone places two orders before some important news announcement, a buy 10pts above the market and a sell 10pts below both with 10pt stop it would work great
wallstreet1928
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I will also contemplate a short on DAX as fierce resistance @ 4860
downward sloping trend line has made me a lot of money
for get that now........
i was typing away and just saw the markets fly after the consumer confidence data
downward sloping trend line has made me a lot of money
for get that now........
i was typing away and just saw the markets fly after the consumer confidence data
wallstreet1928
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I am finished for the day
its been whipsaw Tuesday
I think its best if I take my points and call it a day ............
its getting really confusing
consumer confidence data should strengthen a countrys currency against its rivals, but it continues to weaken !!
its been whipsaw Tuesday
I think its best if I take my points and call it a day ............
its getting really confusing
consumer confidence data should strengthen a countrys currency against its rivals, but it continues to weaken !!
fast trader7
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Does anyone know what happened? is it apple upgrade?
or consumer confidence? But i cannot believe they can move DAX by 100 points in less than 10 minutes. Got hammered. I was short on ftse at 4400.
***** market!
or consumer confidence? But i cannot believe they can move DAX by 100 points in less than 10 minutes. Got hammered. I was short on ftse at 4400.
***** market!
SuddenDeath
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I think it was consumer confidence , at 3pm since the spike started at 3pm
kaisen
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Hi everyone! I have been watching this thead since late last week and have enjoyed the helpful nature everyone has shown sharing analysis and ideas etc. I am new to TA and I am trying to keep up with you guys.
I managed to enjoyed 60 pts of the uptrend in two commodity stocks which has left me 8 pips up for the day having been burned on the FTSE earlier!
If I can post anything useful to you guys I will look to contribute.
Keep up the good work!
I managed to enjoyed 60 pts of the uptrend in two commodity stocks which has left me 8 pips up for the day having been burned on the FTSE earlier!
If I can post anything useful to you guys I will look to contribute.
Keep up the good work!
SuddenDeath
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The ftse has not retraced more than 265 points since 10 march 2009,
dr.blix
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yeah i'd say it was a pivot mate, we've moved 120 pts or so (from the days low-high).
at a guess i'd say that puts todays bandwidth in line with some of the other pivots (18th may?) you have on your chart on HW's thread?
not sure about a short against the strength of this move up geo! but (i should put this in my signature) i'm usually wrong
Dentalfloss
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Geofract
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yeah i'd say it was a pivot mate, we've moved 120 pts or so (from the days low-high).
at a guess i'd say that puts todays bandwidth in line with some of the other pivots (18th may?) you have on your chart on HW's thread?
not sure about a short against the strength of this move up geo! but (i should put this in my signature) i'm usually wrong
You could be right, I would want to see some nice pin bars on the hourly before shorting to be safe. Probably safer to do nothing whilst we're range bound between 4300 and 4500I guess. This range bound stuff is not easy is it!
I say do nothing, because I am thinking of a long term position. I suppose those RSI MACD divergences on the daily are swaying me slightly.
Ok, well for now, better to go with the main trend, and take today as a pivot, and not a fake move, despite my suspicions. Damn, if the pivot FTP thing really does work, it could be solid gold!
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