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

[lapalabra]

targets

4265 would be lovely.

Broken through the upchannel BW81, but '65 must go first - dont trust an entry on ftse for a break down otherwise.

 

[london_lad]

Sudden Death, I also dont know whats moving it down. Anyone got any idea? Am happy to be not long at this time.

 

[bw81]

targets

You havnt shorted all those have you WS???

 

[bw81]

4265 would be lovely.

Broken through the upchannel BW81, but '65 must go first - dont trust an entry on ftse for a break down otherwise.

darn its gone back up into the channel again false break out, back to waiting again

 

[SabreTT]

what caused ftse to all sharply in last 10mins

I watch the sp500 before the ftse, they are just opening so let them do their v bounce thing or not before checking. often as ftse closes usa decides its general direction

 

[dr.blix]

if it spits out 367 with a healthy bounce i could see a continuation triangle in the 5m TF.

gonna look for a poss long @ 367

 

[SuddenDeath]

Not sure why it spiked down, pehaps philly fed data, 3.00pm

Sudden Death, I also dont know whats moving it down. Anyone got any idea? Am happy to be not long at this time.

it seems not to want to go down , perhaps something to do with options expiry tomorrow between 10.00-10.30. i have heard them say markets moves to where ever the biggest open interest is in options.

 

[dr.blix]

long 370 FLIP THAT COIN!!!

 

[london_lad]

hahah dr.blix, that's not right. wish you best of luck through. Let us know if you get out.

 

[london_lad]

will hold end of day?

 

[SuddenDeath]

after everything is done, ftse closes pre-auction at +22

today's range 55pts

 

[london_lad]

ok iv gone long on 367, with a huge lot. Just want to make 40 50 quid. At least.

 

[dr.blix]

and down it goes...- 10 pts loss

 

[london_lad]

Damn

 

[dr.blix]

ok iv gone long on 367, with a huge lot. Just want to make 40 50 quid. At least.

plz tell me you're kidding mate!

i was only @arsing about with £1 pp there with a really tight stop (which it stopped out and is of course now rebounding from)...

hope you got on ok.

 

[dr.blix]

Damn

 

[dr.blix]

now to finish reading that piece you posted lonlad on how to control my emotions whilst trading

 

[london_lad]

So true. I just want to get out of this one and then follow the book. I have a s/l at 4349, which would mean £200 loss. Hope it doesnt reach. I am going to get out of the position at breakeeven (if given the chance)

 

[SuddenDeath]

prediction/forecast for Friday 17th July,

If ftse during cash session trades at 4360, it will struggle to close above 4380

 

[london_lad]

*PHEW*. MAte, just got out with a £10 profit. I am putting my margin back into my account and FOLLOWING THE BOOK. NEVER TRADE ON ADERNALINE.