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

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I can't look mate, I have to go, been up since 5.30am and tired and don't want to be seduced into anything and give back my gains.

Til tomorrow, good luck all.

another brilliant call Lapa, take the profit and walk away, very difficult to do, a lesson we all should learn.
 
markets have built a base

especially DAX.........

I really wanted to go long on DAX @ 4630 ...even now at 4640 but I always try not to have 2 positions open in the same direction at any one time

i am still long Nasdaq 1427 ...stop loss 1397
 
If I squint a bit on the hourly, I can get a support level at 887 which is where it's sitting now. Below that next stop is 880.

Wish I'd trailed my stop on the FTSE sell I had going, I always close early!

I wished the same on my long Fragger, I could have closed at 4220 instead of 4200 but hey you bagged a load of points so dont bother, onto the next trade.(y)
 
Murphy´s law strikes again!

Been shorting miners today. Done nicely but this afternoon 7 of the 8 miners i have been watching have made new lows.

The odd one out is the one i currently have a short on!!!

Most down around 6% mine not even matched the lows this morning and apparently no related news on the share!

:mad::mad::mad::mad::mad:
 
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markets have built a base

especially DAX.........

I really wanted to go long on DAX @ 4630 ...even now at 4640 but I always try not to have 2 positions open in the same direction at any one time

i am still long Nasdaq 1427 ...stop loss 1397

DAX would have been a nice long ............
 
Been shorting miners today. Done nicely but this afternoon 7 of the 8 miners i have been watching have made new lows.

The odd one out is the one i currently have a short on!!!

Most down around 6% mine not even matched the lows this morning and apparently no related news on the share!

:mad::mad::mad::mad::mad:

Hello Mate,
I was there last week and i know how it feels!!
I was short on Vedanta last week before the UK close (tue or wed) and the next morning it opened up and up, more than 10 % !!!. I was probably the only one in the world and CMC was the happiest bookie on the planet:(:(:(
 
Hello Mate,
I was there last week and i know how it feels!!
I was short on Vedanta last week before the UK close (tue or wed) and the next morning it opened up and up, more than 10 % !!!. I was probably the only one in the world and CMC was the happiest bookie on the planet:(:(:(

Now you have made me feel even worse! I have left the position open although have put a tight stop in place.
I am slightly concerned with the slippage if it jumps up tomorrow. I have made a nice profit today 340GBP on Kazakhmys and ENRC and was infuriated when all the other stocks made new lows and ENRC didnt even budge!

I am wondering whether to hedge myself with a long on the s&p and tight stop below 87?

Any thoughts?
:)

Lots of commentary today about a double top on oil and oil going down to around 59$
 
Now you have made me feel even worse! I have left the position open although have put a tight stop in place.
I am slightly concerned with the slippage if it jumps up tomorrow. I have made a nice profit today 340GBP on Kazakhmys and ENRC and was infuriated when all the other stocks made new lows and ENRC didnt even budge!

I am wondering whether to hedge myself with a long on the s&p and tight stop below 87?

Any thoughts?
:)

Lots of commentary today about a double top on oil and oil going down to around 59$

I still feel ftse will open low tomorrow, so do the miners. It is worth holding without hedging. but it is only my opinion and you are free to disagree.
I agree, there is a lot of talk about double top on oil and it could potentially go down to $59.50.:eek:
 
I still feel ftse will open low tomorrow, so do the miners. It is worth holding without hedging. but it is only my opinion and you are free to disagree.
I agree, there is a lot of talk about double top on oil and it could potentially go down to $59.50.:eek:

Thanks for your input and dont worry i wont hold you directly responsible if it blasts higher!:p

I am hoping that after the sell off last week and continuation today the market should now either consolidate and therefore be without great movement or fall slightly.
I will contiue to watch the US but hopefully will not need to hedge.

(y)
 
Vedanta go ex div on wednesday and are tipped by many as a growth stock, they operate in india whose stockmarket jumped 17% in one day recently & who have suffered a fall to only 7% GDP growth this year.
Their government is newly elected as a capitalist progressive party in a country that has been nationalist for decades and on top of that they are releasing /discussing budget details which may uncap foreign investment and divest national industries

No doubt their volatile but I think shorting is too dangerous to take those odds. If anything I'm looking to go long Vedanta right now, as they still have alot potential left compared to last years prices
 
apologies for posting this type of thing on here, but does anyone use pro real times EOD charts?

its only letting me select DAILY in the Timescale Resolution window, and nothing below this...i'm sure i had H4 and H1 etc on there yesterday!

i've looked through the options and help but can't find anything thats relevant.
 
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apologies for posting this type of thing on here, but does anyone use pro real times EOD charts?

its only letting me select DAILY in the Timescale Resolution window, and nothing below this...i'm sure i had H4 and H1 etc on there yesterday!

i've looked through the options and help but can't find anything thats relevant.

Hi DB

You can only see daily with free EOD. There's no H4 H1.

Btw, the FTSE daily has occasional bars missing - I'll tell you how to fix if it's a prob for you.

HTH
 
oh pants...:LOL:

i'm going chart bonkers...must be getting the IG and PRT charts mixed up.

whaddasaguy do ta get volume fa chrisz sakes :rolleyes:

why i oughtta...

aah fugget abowt id...
 
kaisen;822702 I have made a nice profit today 340GBP on Kazakhmys and ENRC and was infuriated when all the other stocks made new lows and ENRC didnt even budge! [/QUOTE said:
If all the others are falling in the sector and it isn't then there is probably a good reason. You're trading more on hope that anything else there. You were expecting it to fall with the others but it hasn't so this should have alarm bells ringing and then look to get out if it starts rallying.
 
bullish osc div, 30 min TF.

quite a spike just before the US close, should be interesting 2moro!
 

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updated chart ,which was posted last week

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I dont think it'll be interesting particularly, close below 900 isnt a breakout and its only a quarter of 1 percent move up which means nothing happened today and I assume a bias towards negative for now

So its positive for ftse tomorrow morning because of the 'less worse' effect but I dont see anything dramatic like 4300 and then we'll see a drop at usa open as it fails to maintain this close. Thats my mystic meg prediction :p


So long as the dollar index is rising, the sp500 must continue falling in order that the index value remains level and also vice versa. It would probably make more sense longer term to map one against the other and estimate that ratios future movement
 
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