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

[kaisen]

Charles Stanley Traders Bulletin

Fyi

 

[Stewenson133]

AUTONOMY CORP
small blind long 1400

 

[wallstreet1928]

Nice call ws. I have started to watch L&G as i know you play it like a fiddle! Can you short cut something for me? Do you like L&G because the shares play so well or because you like the company.
Many thanks.........as ever!

I play it because its a civilised security

and yes I have taken a particular liking to it

When I first started trading at university a few years ago I used my student loan to trade Vodafone and Legal and general!!

It was good fun

 

[wallstreet1928]

Fyi

thank you kaisen

 

[wallstreet1928]

yeah you're right WS, lapa...the currencies updat every 30 second, but the USD index chart doesn't!

bummer...

do you use the google chart for the UUP WS?

freestockcharts is pretty up to date ..........its better than google

market watch is better
http://www.marketwatch.com/investing/index/dxy

 

[dr.blix]

bear flag or ascending triangle FTSE 5TF

 

[dr.blix]

bear flag or ascending triangle FTSE 5TF

if 4191 holds then its a BF, i have 4177 if this is the case

(i'm paper trading whilst i work out a trading 'system')

 

[bw81]

if 4191 holds then its a BF, i have 4177 if this is the case

(i'm paper trading whilst i work out a trading 'system')

I actually interpret that as a bull flag Dr B. (Blue flag) but could also be a much bigger bear flag (red flag) on yesterdays price action. I wonder which one will win out.

 

[dr.blix]

i mean the bearflag pattern leading into your bullflag BW!

EDIT: actually scratch that BW, my bearflag is inside your bullflag!

either way i want 4177-8, which both patterns should provide (i hope)

 

[10pips]

Shes hanging around midpoint 4185....she has shown sign of wanting to go main pivot 4204. Support level 1 is on 4166.

Am waiting for my 'buy' 10pips signal.

 

[bw81]

i mean the bearflag pattern leading into your bullflag BW!

EDIT: actually scratch that BW, my bearflag is inside your bullflag!

either way i want 4177-8, which both patterns should provide (i hope)

Your bear flag won Dr B.

So Im flying the white flag now :cheesy:

 

[dr.blix]

if 4191 holds then its a BF, i have 4177 if this is the case

(i'm paper trading whilst i work out a trading 'system')

177 target hit out for + 13 fakey pts

 

[dr.blix]

your bullflag is good BW, my flag was just one of the moves inside your pattern!

 

[dr.blix]

i'll be looking for a long @ 162

 

[dr.blix]

long 4171 target 4181 stop 4151

closed @ 171 for a - 1 pt loss

 

[wallstreet1928]

DAX is very strong today compared to FTSE which is causing a concern for me ........

SO what are people thinking about the US open?

Oil just keeps getting obliterated ............US dollar keeps climbing!!

I have been contemplating a long on Oil since $64 ..........good job i have only been contemplating!!

I have potential short pending 4620-4630

 

[dr.blix]

well USD up should mean US stocks up, but US futures are flat!

 

[dr.blix]

hope your bull flag is still in play BW, i didn't close at 180, bit stupid as it was only 1 pt off my target.

 

[wallstreet1928]

can we breach 1.385 on Euro

 

[bw81]

hope your bull flag is still in play BW, i didn't close at 180, bit stupid as it was only 1 pt off my target.

I think the pattern is negated now. Trying to find a level for a setup