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

[dr.blix]

I agree, 4450 ish seems to be a level of resistance, looking back to 19-21st May we bounced off it several times before coming through.

i have an old level of 4454 chelski, it's touched it dead on.

mexican stand-off between 4444-4454, wish i had volume on my charts 🙄

 

[carlos b]

there she blows
sim +5

 

[Chelski]

i have an old level of 4454 chelski, it's touched it dead on.

mexican stand-off between 4444-4454, wish i had volume on my charts 🙄

Nice bounce trade, i think it will take a coupe of goes, i will be warching for any divergence to see which way we are going if it gets there again.

 

[dr.blix]

is it me or does this opening seem odd? normally mornings are big moves, lots of buying/selling.

this mornings ranges have been very tight.

EDIT:

then again i suppose the jump from 32-54 was a fair size.

 

[kaisen]

is it me or does this opening seem odd? normally mornings are big moves, lots of buying/selling.

this mornings ranges have been very tight.

EDIT:

then again i suppose the jump from 32-54 was a fair size.

May be something to do with trade volumes?🙁

 

[dr.blix]

short 4437

although why i'm shorting against the trend i don't know.

 

[kaisen]

Volumes are very low. Do you think everyone is waiting for GDP results?😴

 

[dr.blix]

short 4437

although why i'm shorting against the trend i don't know.

well that was silly. - 12 pts loss...and in typical fashion it hit my stop on the button, then reversed...ah well.

EDIT:

my timing is pants.

 

[dr.blix]

ok, i might try that short again if we reject 4454...although my contrariety will probably bite me in the ass again 😱

 

[dr.blix]

Volumes are very low. Do you think everyone is waiting for GDP results?😴

i've heard it said that markets rise on low volume, so maybe that tallies with whats going on right now?

 

[carlos b]

seems to be adhering to this a non symmetrical ascending channel of which the validty yet to be confirmed..imo

 

[carlos b]

good luck mr blix..

do you use any indicators to confirm?

of that channel i see mr blix .. it appears to be huggin the lower line.. i think you may be correct re short at some stage.

 

[dr.blix]

u got time 2 post your chart senior carlos?

 

[dr.blix]

good luck mr blix..

do you use any indicators to confirm?

i'll be looking for osc div (i use 14 period RSI) @ 4454

 

[dr.blix]

well i've stupidly gone short again at 4440, my finger seems to be acting independently from my brain.

because i'm looking for a short i'm trigger happy, rather than waitin for good signals

 

[carlos b]

u got time 2 post your chart senior carlos?

just seeing if i can get a heads up onmedian lines/pitchofrk (manually)

 

[wallstreet1928]

I am short Nasdaq 1424 ............stop loss 1435


Dr Blix thsi may tickle your fancy as R/R ratio is pretty phenomenal if you think about it....................

 

[wallstreet1928]

well i've stupidly gone short again at 4440, my finger seems to be acting independently from my brain.

because i'm looking for a short i'm trigger happy, rather than waitin for good signals

Dr Blix please try a 25-30 point stop loss for just one day and tell me your results.........

@ 10 p/point you cant loose

 

[dr.blix]

I am short Nasdaq 1424 ............stop loss 1435


Dr Blix thsi may tickle your fancy as R/R ratio is pretty phenomenal if you think about it....................

u see a drop coming WS?! if so, hope it's within the next 30 seconds before my stop gets hit 😆

 

[dr.blix]

Dr Blix please try a 25-30 point stop loss for just one day and tell me your results.........

@ 10 p/point you cant loose

yes, as per WS, you're right, i'll try a day or 2 with 25-30 stops 🙂