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

[wallstreet1928]

I am also conteamplating a short on Nasdaq .............failure to trade above 1600 is bearish signal

 

[london_lad]

FTSE rebounding for a green close? My mind says short, heart says long, cause everyone's goin crazy.

 

[london_lad]

I guess my heart was right? and folks are going crazy!

We have a record. FTSE up streak for 12 days.

 

[SuddenDeath]

this signal was good for 20pts and counting.

stochastic and RSI, RSI5 generated a buy stop signal at 4567.7, from 15.40 bar

London_Lad, how come u dont log onto skype ?

..so pretty reliable

 

[london_lad]

SD: Boss, because I am at work, and cant log on to skype from work. Someone told me I can use it from my mobile as well. Will try to see if it works coming weekend.

 

[london_lad]

another buy signal at 10m chart at 17:10, you agree?

 

[SuddenDeath]

Nope i dont see a RSI/5 buy signal at 17.10...

another buy signal at 10m chart at 17:10, you agree?

....but you would be log from from previous buy signal 4567.

 

[Chelski]

....but you would be log from from previous buy signal 4567.

I have been watching your posts re RSI 5, to save me trawling back how does it work?

 

[Geofract]

shorted £Y @ 157.193 - sl @ 157.530 - lets see if i can get burnt again :whistling

 

[SuddenDeath]

I have copy pasted the post.

I have been watching your posts re RSI 5, to save me trawling back how does it work?

quote

"No its free,

chart set to 10min, RSI set to 5 period, when buy signal occurs when 5 period RSI moves above 35 after being below 35 when this happens place a buy order 4pts above the 10min price bar which led to the the RSI reading above 35,

that's it plain and simple,"

 

[Chelski]

quote

"No its free,

chart set to 10min, RSI set to 5 period, when buy signal occurs when 5 period RSI moves above 35 after being below 35 when this happens place a buy order 4pts above the 10min price bar which led to the the RSI reading above 35,

that's it plain and simple,"

Thanks,

I will have a look at it in conjunction with my support / resistance lines.

 

[kaisen]

Brow of the hill?

I keep looking for the underlying trend but we seem to be at the brow of the hill!

I cant see wether it will go down from here or wether there is another undulation up?

 

[london_lad]

SD: No i got no positions. I got burned last night on short, when Asian markets made FTSE roar near 4640.

Btw, am using Williams R and RSI 5 method. (ie, Williams R 5 at or above 80 and RSI 5 at or above 35).

 

[SuddenDeath]

If u log onto skype, I will be happy to explain the system...

SD: No i got no positions. I got burned last night on short, when Asian markets made FTSE roar near 4640.

Btw, am using Williams R and RSI 5 method. (ie, Williams R 5 at or above 80 and RSI 5 at or above 35).

..... , RSI5 buy stop at 4567 has done well, ftse is at 4588/91

 

[masnachu]

shorted £Y @ 157.193 - sl @ 157.530 - lets see if i can get burnt again :whistling

I'm still sniffing around that one, will prob wait till around midnight now, see what's what then.

Wish I'd waited on the swissy 5m attempting a retest , if they succeed from there I'm gonna

 

[Geofract]

I'm still sniffing around that one, will prob wait till around midnight now, see what's what then.

Wish I'd waited on the swissy 5m attempting a retest , if they succeed from there I'm gonna

Stop at BE. Hopefully that move upto 157.15 was a pull back - if it breaks above 157.15 again i will be out. I was up 35, thinking shall I close, but I figure since I am anti-trend, trying to pick a reversal, I might as well let it run. Either it is a reversal or not.

You're looking to go long on swissy?

 

[Geofract]

I now count an H1 bias change to the downside on the FTSE, on 24h data. 61.8 retrace would be 4610 ish... I'll be looking there for potential shorts tommorow i think. But, hey, perhaps this monster rally is never gonna turn, but we'll all keep on shorting regardless

edit: 61.8% of previous swing is 4610, on 24h.

 

[jonboy123]

what time is the asian session, for uk based traders?

i know about the usa market hours and keep an eye on those.
But im also seeing traders mention asian market affecting ftse.

geofract = H1?

 

[Geofract]

what time is the asian session, for uk based traders?

i know about the usa market hours and keep an eye on those.
But im also seeing traders mention asian market affecting ftse.

geofract = H1?

Jonboy,

FX Market hours FXMarketHours - OANDA FXTrade

H1 = 1 Hour chart

 

[masnachu]

Stop at BE. Hopefully that move upto 157.15 was a pull back - if it breaks above 157.15 again i will be out. I was up 35, thinking shall I close, but I figure since I am anti-trend, trying to pick a reversal, I might as well let it run. Either it is a reversal or not.

You're looking to go long on swissy?

Yep thats what I'm trying to figure on the £Y , rev or just a pullback, leaning more towards thinking it's a pullback , but waiting untill 1200 see how they act.

Swiss - Nah shorted it 7.30 (5m tails , supp area was old res area etc) , came out of there nicely , err then it stopped had to brave sir robin that one just before 8.20 (was watching 5th gear :| ), just made it out with enough to pay the spread.