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

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Afternoon all,

Been off for a while, so busy at work I thought it best to take a break from the markets :) Looks like there's been some strong rallies, hope everyone has been making lots of pips!
 
Afternoon all,

Been off for a while, so busy at work I thought it best to take a break from the markets :) Looks like there's been some strong rallies, hope everyone has been making lots of pips!

Hello RobinC.............not seeking that Joker face for a while!!

cant wait for the new batman film, the previous one was awesome
 
everything trading sideways now ........... period of indecision

Shorting the Nasdaq is very tempting stop loss 1522 as google is expected to post disappointing results........

I have put in an order to catch the downdraft and the updraft

Buy order 1525 ..stop loss 1500

sell order 1495 ....stop loss 1520

UUP , Nasdaq, S&P .....................

break of 832 could produce a very nice trade long up to 840 - 850
 
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*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.

nice one mate. felt a bit guilty there posting my coin flip.

i'm sure it was a continuation triangle, but to play it at the closing was stupid of me in the extreme.

glad u got some points anyway.
 
oil looking weak

support @ $60.4 area
 

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Prediction for Friday:
Think we will go down a bit, could go down to 4300, perhaps even 4275 (38% retrace of this up move from 13 July low)
 
everything trading sideways now ........... period of indecision

Shorting the Nasdaq is very tempting stop loss 1522 as google is expected to post disappointing results........

I have put in an order to catch the downdraft and the updraft

Buy order 1525 ..stop loss 1500

sell order 1495 ....stop loss 1520

UUP , Nasdaq, S&P .....................

break of 832 could produce a very nice trade long up to 840 - 850


projected targets to the upside utilising Mr Fibonacci
 

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  • US Tech 100 Daily Future, yearly (Se (25-JUN-09).png
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everything trading sideways now ........... period of indecision

Shorting the Nasdaq is very tempting stop loss 1522 as google is expected to post disappointing results........

I have put in an order to catch the downdraft and the updraft

Buy order 1525 ..stop loss 1500

sell order 1495 ....stop loss 1520

UUP , Nasdaq, S&P .....................

break of 832 could produce a very nice trade long up to 840 - 850

OKAY..............so that long trade worked very well .........

1st target hit, that pays for the losses over the last two days
 
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good risk reward on this trade based on the assumption that Google drops a bombshell, which according to reports it will

I am short Nasdaq 1514 ...stop loss 1524

target ..........obliteration!!
 
cant wait for the new batman film, the previous one was awesome

Thanks WS, the 2nd installment was excellent! Shame there will be no Heath Ledger for the 3rd.

A good week for the Bulls out there, although CIT Group's possible bankruptcy seems to be causing some concern over the broader markets. But the VIX is down almost 5% below the 25 level. Looks like we have a day of consolidation on our hands.

I think the 880 support level was a good test for the SPX and am now thinking a move towards the 950 - 960 resistance levels is on the cards. FTSE I think is also looking to the upside having smashed through the 50 ema on its way towards the 200.

Long

Citigroup 304 SL @ 281
Pfizer 1480 SL @ 1423
General Electric 1212 SL @ 1192

Hope everyone has a good days trading!
 
6369?

what contract are you trading my friend?

Aug contract @ $62

you scared me then?

Yes me too! I´ve just been checking all my charts!

Hey ws, I followed you in on the Nasdaq - I am short at 1515 - wish I had waited a bit longer after going up to 1521!:cry:
 
Nasdaq WS

Do you think the earnings data will cause the move down we expected? :)

Interesting S&P closed below 940
 
this looks to be the point in the nas 100
has this rally got steam.a break of an important trendline...and stay above it ..also a breakout for the last double-top
dmb491.png
 
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