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

[wallstreet1928]

I still have my long Dr blix

4300 ...stop loss 4270

I expect 4350 target ...........But i will be happy to exit at 4320 -4330 conisdering how weak its been !!

stop loss hit .........

 

[dr.blix]

more points lost

 

[SabreTT]

Its more negative then I expected, wheres that never ending optimism and green weeds, etc

Speaking from previous mistakes, this market will knock you down then rally just when you've been worn out and given up

 

[kaisen]

Its more negative then I expected, wheres that never ending optimism and green weeds, etc

Speaking from previous mistakes, this market will knock you down then rally just when you've been worn out and given up

This feels like a battle field with all under fire!!!!!!

 

[carlos b]

unbelievable.. 2 pips way from tp for 1 1/2 hours..then another hour of shyte conslidation whilst the market makers snort some charlie at lunch, then come back ~& turn it aournd and stop me out some 33 pips the other way..laughable at times.

 

[dr.blix]

long 4252 target 4278

 

[robinc]

Short S&P500 911 SL Trailed to 908

 

[dr.blix]

long 4252 target 4278

could have taken 12 pts there...for some unknown reason i left it open to try to reach my target.

all i had to do was take the points then open another position at the floor of my channel.

 

[robinc]

VIX up 12%

 

[kaisen]

VIX up 12%

I should have traded that!

The next level of support for the SPX i have is 885

 

[robinc]

The next level of support for the SPX i have is 885

That's my current target

 

[dr.blix]

i've been stopped out, twice in the last half our with it touching my price then reversing.

i've completely had enough of this.

 

[kaisen]

That's my current target

Then we concur RobinC.

Ive had enough too Dr B! Wish i had watched from the sidelines or watched tennis!

The only thing that was stopping me was one open position (which is now closed)

I have learnt a few things however so I will take my victories where i can! All the opinion i had for this week suggested today would be light volume in the states and nothing much likely to happen!!!

 

[robinc]

Then we concur RobinC.

Debating whether to take profits and run, got to go and meet the wife now

 

[robinc]

Debating whether to take profits and run, got to go and meet the wife now

SL trailed to 906.

 

[kaisen]

SL trailed to 906.

Good stuff Robin - see you later!

 

[kaisen]

Opinion?

What do you think ws?

Not quite what i was expecting this afternoon! Especially with the ITMS commentary.

Do you think 900 SPX will hold and if so a possible long? with SL

 

[Trader1UK]

also a tip for the newbies. you may have noticed it bounced from 4290 and not 4300.

this is because lots of traders will have orders waiting at 4300 to buy. the other traders want to blow their stops out so the market goes to 4290.

keep that in mind in the mornings where more often than not it goes to ##90 or ##80 for instance and then moves.

HAHA arnt you a newbie yourself???

 

[fast trader7]

Hello,
Bad day again for me. Down more than 20 points. Just not getting the directions.
P****d off. Donot know what to do. Want to take revenge. But Experience says .. close the computer and go out of the house for a coffee...

What do you suggest?

 

[kaisen]

Hello,
Bad day again for me. Down more than 20 points. Just not getting the directions.
P****d off. Donot know what to do. Want to take revenge. But Experience says .. close the computer and go out of the house for a coffee...

What do you suggest?

Go for a coffee my friend!!!