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

[dr.blix]

announcement, u place a buy stop 10pts above and sell stop 10pts below both with 10pt stops, and wait for one of them to catch a move risk reward is 5-1 or more which cant be bad.

Martingale s also possible with this strategy

i didn't quite get that but thanks for sharing the idea!

EDIT:

aah, just read the title too!

oh i see, interesting idea SD, it's very similar to a concept i've read on someones thread about doing roughly the same thing, but on the opening of the market.

 

[InTheMoneyStocks]

Trend Line Analysis Does It Again!

Markets Having Trouble Selling Hard With Goldman Sachs Holding Strong

 

[Dentalfloss]

gm news due today
s500...11 day candles.just over 2 weeks for each candle.good support area now showing
880-886.the high of the last candle has moved down slightly

 

[Dentalfloss]

res area showing up nicely on the ftse100
uneless there is any good news,it might be the right place to short rallies in the zone above the grey line.confirm that price is reversing first
just an opinion
12 day candles

 

[Dentalfloss]

here is the right chart with the line on it

 

[Dentalfloss]

nas 100 at the res area
14 day candles.a couple of important areas are marked

 

[wallstreet1928]

Good work once again ITMS............


well done

but that dodgy buy order came in again in teh last 10 mins............phwoah it took out my stop!!!

 

[wallstreet1928]

how are you dentist..............

It was beautiful yesterday as we played against Mobberley

we are playing against Bramhall today

 

[wallstreet1928]

FTSE 100 , 1 yr daily

I will go long on Monday up to 3512

wait to see if there is any resistance in that area and then go long or short accordingly

will we reach 4680 level?

 

[wallstreet1928]

DAX , different story here chaps

struggling to stay above 5000 level ..............

I will wait for the DAX to trade above 4100 level and then open up a long for 100-200 point return

if we fail then the down turn can be even more powerful

 

[LeoE]

FTSE 100 , 1 yr daily

I will go long on Monday up to 3512

wait to see if there is any resistance in that area and then go long or short accordingly

will we reach 4680 level?

Hi WS!

I'm hoping to see a triple top around 4500 before a move southwards back to at least 4000. That view is purely going from what I see on the charts, totally ignoring any fundamental stuff... Any break out of the current range (4500-4300ish) is going to be violent I think as we've been here for a while now. Bear in mind GM's bankruptcy stuff tomorrow, could have a negative affect on the markets.

I'm calling 4200 by the end of the week! lol :rambo:

 

[dr.blix]

Hi WS!

I'm hoping to see a triple top around 4500 before a move southwards back to at least 4000. That view is purely going from what I see on the charts, totally ignoring any fundamental stuff... Any break out of the current range (4500-4300ish) is going to be violent I think as we've been here for a while now. Bear in mind GM's bankruptcy stuff tomorrow, could have a negative affect on the markets.

I'm calling 4200 by the end of the week! lol :rambo:

interesting leo. i've been hoping for a drop to 3900 for ages...fingers crossed

EDIT:

and thank you WS and dentists for sharing your analysis

 

[SuddenDeath]

good morning everyone, some markets closed today

 

[carlos b]

morning all..


which markets SD?

 

[Karmacat]

Morning. Back again.

 

[dr.blix]

morning everyone

opening pivot 4485

 

[dr.blix]

short 4491 looking for 4475

 

[SuddenDeath]

On bloom this morning they listed about 8 , i think they may have been minor European markets.

FTSE 3rd test of 4500?

 

[Karmacat]

Nice little trendline down, established around 0720, 2 touches and one long scraaaapppeeee....

 

[fraggermcg]

Morning all. Anyone else got problems with IG's charts this morning? I get access denied on both the quick and advanced charts.