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

[masnachu]

.. if you can, you can search forums for "e-wave"

It's just somone posted a link to elliott wave stuff (as a suggestion to learn) on this thread a few weeks back , for some reason I thought it was you (balme the shoddy memory). guess it wasn't.

 

[lapalabra]

Im still here my friend, but i do need TWO screens One for currencies, and one for Indices, I cant see jack when Ive got charts all over my screen...

I have two screens, its a luxury for real.

Closed that FTSE trade for b/e again - neutral is really the only safe position right now, and price needs to come to a decision on that daily res @ 4365.

 

[lapalabra]

It's just somone posted a link to elliott wave stuff (as a suggestion to learn) on this thread a few weeks back , for some reason I thought it was you (balme the shoddy memory). guess it wasn't.

Was it this?

Elliott Wave Analysis Will Forecast Trend Duration in Advance

 

[bw81]

I have two screens, its a luxury for real.

Closed that FTSE trade for b/e again - neutral is really the only safe position right now, and price needs to come to a decision on that daily res @ 4365.

its just in that up mode for sure, keeps playing with the uptrend line, anyone being trading off that for longs would be quids in. Its having another go at breaking up through that monster resistance again, if its gets through we will see 4400 today.

 

[london_lad]

Hovering around res of June 1's highs. If it breaks, go long?

 

[masnachu]

Was it this?

Elliott Wave Analysis Will Forecast Trend Duration in Advance

Maybe lapalabra , I didn't check the link at the time (I learnt e-wave years ago, when I was young and foolish ). I Only mentioned it because I thought a regular poster to this thread followed the waves, mistakingly I thought it was SD.

 

[lapalabra]

Closed @ b/e as it began its rise - typical really. Still, was right the thing to do - and now we have the round number monster in front of us.

 

[masnachu]

if this thing turns into a V-reversal type of thing I'm gonna be pished, after this waiting.

 

[SuddenDeath]

what caused ftse to all sharply in last 10mins

 

[dr.blix]

I have two screens, its a luxury for real.

yeah two screens is essential i reckon...hate having to minimise/maximise (repeat ad nauseum)...

i use 3 monitors in the studio (and a fourth would be nice too!).

 

[bw81]

what caused ftse to all sharply in last 10mins

probably profit taking in US, first big red candle in ages on the S&P 10 minute, there just wasnt one like this yesterday.

 

[masnachu]

Philly FED was @ 15.00

 

[wallstreet1928]

reversal alert ..............Breakdown!!

all ingredients in place

BP resistance 500

Barc resistance 320

Euro 1.415

Nasdaq 1420

S&P 930



over and out

 

[lapalabra]

if this thing turns into a V-reversal type of thing I'm gonna be pished, after this waiting.

Exactly what I was thinking, got all the hallmarks

 

[masnachu]

Don't think its the big one just yet (famous last words )

 

[lapalabra]

reversal alert ..............Breakdown!!

all ingredients in place

BP resistance 500

Barc resistance 320

Euro 1.415

Nasdaq 1420

S&P 930



over and out

10-4!

Cheers WS, last ingredient for me is the trendline violation of 4365 before any shorts. at that point it becomes binary.

 

[lapalabra]

Don't think its the big one just yet (famous last words )

break that '65 we see at least '46..come on decide!

 

[bw81]

break that '65 we see at least '46..come on decide!

Im getting itchy fingers, its breaking my uptrend for once convincingly, need some confirmnation now. Come on let rip!!

 

[wallstreet1928]

reversal alert ..............Breakdown!!

all ingredients in place

BP resistance 500 ...........target 485

Barc resistance 320 ............ 310 - 305

Euro 1.415 ...............target 1.4070 - 4050

Nasdaq 1420 ..............target gap fill 1490......1473

S&P 930 ...........

FTSE 4680 ............target 4630 , 4265

over and out

targets

 

[masnachu]

Well looking at the channels on 10min, I get breakdown of 58-60'ish could see low 30's

58's is also the 50'tent area on my 60min channel , again breakdown gives around 28-30'ish