wallstreet1928
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Mr Geither due to speak NEW York ET 8.35
UK 12.35 I think, correct me If i'm wrong
last time he spoke the market collapsed 20%
lets see what happens .........
Good morning Aadil,
Just one to think about but quite often any breakout following an event is in the direction of the existing trend. Not always though and def not worth trading off the back of. I hope this proves to be correct today though as I went long on the S&P and Dow on Friday evening 1H pins at 770 and 7300!!
Say something nice today Mr. Geitner....
Rob
dax ................interesting trend line , 1 yr daily
I am short DAX again 4140..........stop loss 4170
3 month , daily chart .............same trend line accompanied with 50 MA resistance
well , well what do we have here ............
A drop..........amended stop loss to break even
buy on rumour, sell on news principle
Good morning everyone, very new to the thread, posted one or two times. Lost confidence in myself last week, made very bad trades, but Im back now, made 12 point profit shorting the ftse, but lost again, so down, but not too bad...still learning...
thank you wallstreet, you've really been of great help. I was going to ask you about the inthe moneystocks website, I have gone on it to find the daily news and analysis, but I think you have to pay for it right?
ftse just went up like crazy! made 35 point profit...best day since Ive started trading so far...
I am short S&P 798 ...stop loss 806
citibank, jp morgan, bank of america selling off slightly so i could get a pull back of 5 points here or more with 800 being the psychological level