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

[wallstreet1928]

good morning

I am short FTSE 4592 ...stop loss 4622

target 4560

sorry guy i'm half asleep this morning

amend to break even ............what a rubbish entry

 

[dr.blix]

hmm...yeah it's perched right on my MA eek...oops...not anymore, i think it's going to pop my MA..i have 263 as good res...i may close there

Edit: it hasn't bust my MA, it's supporting it, getting techy, might close for +15

closed for + 20 pts

mebs should have let it ride...my channel floor says a poss 245, but, 20s fine...hits my daily target at least

 

[Geofract]

hmm...yeah it's perched right on my MA eek...oops...not anymore, i think it's going to pop my MA..i have 263 as good res...i may close there

Edit: it hasn't bust my MA, it's supporting it, getting techy, might close for +15

Stick with it now I reckon! you could easily get to 250 me thinks.

 

[Chelski]

put the following phrase into youtube

3 Short Term Trading Tips I Learned From Larry Williams

very interesting

SD,

As RSI is a oversold / over bought indicator does your system work in reverse?

 

[Geofract]

closed for + 20 pts

mebs should have let it ride...my channel floor says a poss 245, but, 20s fine...hits my daily target at least

Sorry, I probably put you off talking about possible retrace! Excellent entry there though, and nice +20.

 

[dr.blix]

Sorry, I probably put you off talking about possible retrace! Excellent entry there though, and nice +20.

cheers fella

might go for a long if a confirmed rejection of my floor crops up @ 245.

 

[tennisball]

ftse bounce off morning gap-fill

 

[SuddenDeath]

those who were shorting do they cover once gap is filled ?

 

[london_lad]

I think today will be a shorters market.

 

[dr.blix]

I think today will be a shorters market.

just trade what u see mr. lonlad :cheesy:

 

[SuddenDeath]

I have not checked system in reverse....

SD,

As RSI is a oversold / over bought indicator does your system work in reverse?

..but its worth a try, if you are able to back test, would be interesting to know results

 

[Geofract]

long order on USD CHF @ 1.0666 - SL @ 1.0650

now filled

 

[dr.blix]

i have 263 as good res...

your retracement call at my res level call!

2 heads are better than 1 ey geo?

 

[masnachu]

those who were shorting do they cover once gap is filled ?

depends what the plan was when you entered the trade, normaly provide good targets. Other than that watch lower TF's , see what the markets reaction is to that level.



morning all,

Geo , you seen that £Y break, was ok when I looked around 9'ish. they're all doing it , Y getting bought up big time right now.

 

[bw81]

closed for + 20 pts

mebs should have let it ride...my channel floor says a poss 245, but, 20s fine...hits my daily target at least

Perfect trade Dr B. :clap::clap:

If you hadnt taken profit it would have stopped you out, 20 points in the bag is a great

 

[bw81]

long order on USD CHF @ 1.0666 - SL @ 1.0650

now filled

hey! i was watching that geo Im long from 10662 same stop as you 10650

 

[Geofract]

Geo , you seen that £Y break, was ok when I looked around 9'ish. they're all doing it , Y getting bought up big time right now.

Yep, it jumped off a cliff Shorts on the retrace, what do you think?

 

[dr.blix]

Perfect trade Dr B. :clap::clap:

If you hadnt taken profit it would have stopped you out, 20 points in the bag is a great

cheers mr. BW

 

[Geofract]

hey! i was watching that geo Im long from 10662 same stop as you 10650

Cool, GL to us then

I moved my stop slightly to 1.0648 - so far it's respecting my bottom TL, so extra 2 pip stop hopefully won't be needed.

 

[bw81]

Cool, GL to us then

I moved my stop slightly to 1.0648 - so far it's respecting my bottom TL, so extra 2 pip stop hopefully won't be needed.

not sure, I have a slight rising up trend line across the bottoms of those spikes if price action breaks 10658 or so it will be breaking below that line, what you think?