SuddenDeath
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doesn't appear to be any important market moving economic news being released today
Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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went short @ 4375 and took + 5 ninja pts
bit stupid really, but now i'm + 24 pts and am happy that my daily target is properly hit (don't shout at me lapa)
looks like we're starting to have a slow down on the rate of fall now and theres bullish osc div but only on the 5 TF.
I've got a trendline drawn from the bottom the close of daily bars from May 13, making slighly higher lows after the triple tops. We're resting there now.
Yeah. neither today or tomorrow.
Long @ 4372 - that bottom trendline looks strong with no 10M bars closing over S2
wallstreet1928
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i am long ftse
4378... stop loss 4358
target 4400
4378... stop loss 4358
target 4400
4366 tested twice, next shadow @ 09.15 didn't reach S2, no 10M bars closing beneath 4375 - and I'm really liking that bottom trendline. Think I got a good entry - only took 6 points off that fall earlier so would like something from this.
EDIT: Ammended to b/e
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wallstreet1928
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Out @ 4384 for +12
dr.blix
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good call lapa, was very hard for me not to open a position too.
what S&R are u using? cams?
looks like it's moving sideways from it's little up trend now...
WS, could I ask what about this set up you didn't like?
The last two ascending candles 09.30/09.40 on the 10M are a sign of weakness for me.
The long shadows on the two ascending candles and short bodies on 09.30/09.40 were a sign for me to get out.
No, I don't use camarilla pivots. Floor pivots yes.
dr.blix
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interesting, you like to calculate your daily pivots from real time info?
if that's what you mean, i like to do that too, using historical data seems to be 50/50 i've found.
No, not real time, not at all. Just normal pivots to give an idea of ranges and areas, not necessarily to always trade from - they have to be part of other factors.
Where the days open is far from the previous days close I know camarilla pivots can be accurate, I just don't use them.
wallstreet1928
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I am concerned about S&P 933 level ..............if violated then 923 next level!!
and that will bring everything down with it ...........
DAX below 5000 and it was looking weak @ the time ............
and a few other stocks looked vulnerable........!!
better to be safe than sorry...........lock your profits and scamper and focus on another trade!!
I thought you might say that
Still trying to get a wider view re: correlating indices, constituents.
Thanks, very useful, will have a look back and see what you saw.
wallstreet1928
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wallstreet1928
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I thought you might say that
Still trying to get a wider view re: correlating indices, constituents.
Thanks, very useful, will have a look back and see what you saw.
AAl ............looked very vulnerable at the time!!
S2 and gap fill support was being tested ...........and it may well have broken through!!
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wallstreet1928
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EUR and GBP ..........getting battered and dollar recovering !!
It could be the theme for today
I am seriously contemplating a short ............
i have posted a chart of resistance line i am watching 4380 ..........must hold!!
otherwise down she goes ..........
It could be the theme for today
I am seriously contemplating a short ............
i have posted a chart of resistance line i am watching 4380 ..........must hold!!
otherwise down she goes ..........
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