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

[Geofract]

Morning one and all

I am short USD/CAD at 1.1620

out for -15 - I was trying to play the overnight range on a breakout, and then price jumped back in the range, and out the other side. Not doubt it will reverse again immediately, without me

 

[SuddenDeath]

did this morning gap on ftse get filled ?

 

[wallstreet1928]

DB you really are a character.......LOL

Anyway back to analysis......

I thought I would share this chart with you

FTSE - strategy for Thurs 9th JULY

1 month 1hr chart

FTSE closed 4140 just above pivot S2

4127 key level ............S2 pivot and where 2 dotted trend lines intersect

> 4127 I will look to go long to 4170 possibly 4192

< 4127 I will look to short to 4100



I will be looking to go long on the morrow

Good morning chaps ..................

my trade plan has paid dividends once again for DAX and FTSE

 

[wallstreet1928]

those of you that had followed the call would have a nice profit

look at LGEN now ............

I am now contemplating a long

waiting to see reaction to 875 on S&P !!

BULLS in the left corner Vs BEARS in the right corner


I will do nothing until the fight over 875 is over

let the fight begin

Good morning chaps ..........

I hope everyone went long on LGEN..........

just closed after taking profit from a move of 50.5 -52.2

I told you it was a very civilised security

 

[Geofract]

did this morning gap on ftse get filled ?

I have yesterdays close at 4132. so not yet I think.

WS?

 

[wallstreet1928]

No problem at all

well done with your trade my friend

its always good to lock in your profits........

DAX is very strong at present and I expect it to trade above 4600 again tomorrow

Euro 1.385 held

pound held 1.6

Nasdaq held 1400

S&P held 875 ......

All good signs for tomorrow unless the asian session brings something new to the party

DAX trade

 

[wallstreet1928]

I have yesterdays close at 4132. so not yet I think.

WS?

according to advfn and money am ................yesterdays close was 4140.2

 

[Geofract]

according to advfn and money am ................yesterdays close was 4140.2

Thanks WS.
Ruddy PRT has the wrong prices, again!

edit: And off goes USD/CAD without me!!

 

[wallstreet1928]

could we have a break out on DAX to the upside............

GAp fill target 4652 .......

hmmm....watching this closely

 

[wallstreet1928]

waiting for weakness on FTSE @ 4170 and then I will go short

 

[wallstreet1928]

I have gone short on LGEN 53 ...stop loss 55

target 50

 

[Splitlink]

could we have a break out on DAX to the upside............

GAp fill target 4652 .......

hmmm....watching this closely

I'm trying the Dax long this morning.

 

[bw81]

could we have a break out on DAX to the upside............

GAp fill target 4652 .......

hmmm....watching this closely

Thats interesting WS my gap on th DAX is higher at around 4675?? Have you got your trading hours set to 8am open on the Euro germany 30 Daily cash? I have mine set to 7am open.

 

[wallstreet1928]

I have gone short on LGEN 53 ...stop loss 55

target 50

talk about falling quickly......

amend stop to break even

 

[dr.blix]

long ftse 165 target 177 stop 10 pts

 

[wallstreet1928]

Thats interesting WS my gap on th DAX is higher at around 4675?? Have you got your trading hours set to 8am open on the Euro germany 30 Daily cash? I have mine set to 7am open.

yes my friend I have 8am - 16.30 , I use to have 7.00 - 16.30

I keep getting confused ...........what time does DAX open please!!

I havr to admit my trading results were better with 7.00 - 16.30 ?

 

[bw81]

yes my friend I have 8am - 16.30 , I use to have 7.00 - 16.30

I keep getting confused ...........what time does DAX open please!!

I havr to admit my trading results were better with 7.00 - 16.30 ?

Not 100% sure to be honest, I always thought it was 7am as the spread gets back to 2 points at 7am which is inline with daily spreads. Does anyone know any different?

 

[wallstreet1928]

Euro 1.95 - stalled

GBP - 1.615 - stalled

FTSE 4160 potential short set up

DAX 4624 - DAX long set up at present , 1st target 4650

S&P 885 futures resistance

Nasdaq - the leader is very strong and could bounce back hard today

 

[wallstreet1928]

FTSE tug of war

Financial sector weak today

BUT
Oil/gas sector and mining sector due to Alcoa results are strong

energy is king on FTSE.........high beta and keeping FTSE afloat!!

any weakness there and market will fall .....

 

[bw81]

Oil starting to look good for a long short term