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

[carlos b]

bugger

 

[dr.blix]

long 4411 (4414 according to ig)

i'm gambling now because i'm hacked off...

 

[carlos b]

long 4411 (4414 according to ig)

i'm gambling now because i'm hacked off...

definite ascending trianlge or pennant....so you should be ok mr blix.

 

[dr.blix]

long 4411 (4414 according to ig)

i'm gambling now because i'm hacked off...

4426 woule be nice

 

[dr.blix]

4426 woule be nice

took +10 pts

 

[carlos b]

4426 woule be nice

4421 open price proving resistance.. but if you get 4425+ mr blix personally i'd take it becasue you are then in upper bolli breakout territory..:rambo:

 

[dr.blix]

4421 open price proving resistance.. but if you get 4425+ mr blix personally i'd take it becasue you are then in upper bolli breakout territory..:rambo:

you using bolli bands on your chart carlos?

 

[carlos b]

took +10 pts

nice!

 

[carlos b]

yeah 5 min - default 20 2 0

i started out thinking that indicators were the be all and end but in my petite trading experience thus far, i use them as confirmation only and am really trying to handle price action based strategies or thereabouts that give immediate results one way or the other short term on smaller timeframes.. it suit my style and nature better than long term speculation..maybe if my charting becomes A1 (haha) then i may take that on board... but more than likely wil be yet more confirmation to my intrada day trading style..

 

[Geofract]

What a load of choppy chop chop!!! It's like trading noise, well it would be if I had a trade open.

 

[carlos b]

What a load of choppy chop chop!!! It's like trading noise, well it would be if I had a trade open.

all over the shop geo :rambo:

 

[dr.blix]

well thats me done. i'm def gonna stick to my rules in future and not trade after 2.30.

incredible how the FTSE changes characteristics after the US open.

i might PM u carlos with some pattern questions later time to grab some afternoon sunshine.

EDIT:

oh and carlos, GRAB YOURSELF AN AVATAR SOLDIER!

 

[carlos b]

hmm times up market.. that's me actually trading for today but will stick a round to do some learning..


+18 prof for the day actual trades..
+ 9 sim trades

no probs mr blix.. though re charting i've literally started 2 days ago.. so if i can help i will lol


the avatar.. i'll have a think about that..

 

[SuddenDeath]

what is the optimum win points compared to stop loss points to overcome the spread

 

[Dentalfloss]

gm bankruptcy to be announced on sunday.as per lehman"s
before market opening on monday.according to the bbc

 

[Dentalfloss]

wow
nearly a 3% fall in the s500 in 4 hours

 

[Dentalfloss]

treasury yields rising.not good for recovery hopes

 

[Dentalfloss]

support came in at 892..at 8.30pm uk time
man u losing at this point in time

 

[Dentalfloss]

3 point bounce from 892 to 895.then back down.looking very negative for the ftse tomorrow
ftse going to open at 4350 level

 

[dr.blix]

^^ yet more 'FTSE Drop Theory' support geo?!