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

[Chelski]

Short FTSE 4683, Stop 30pts.

 

[kaisen]

Thanks, She's called Zola. Just turned six and mad as a bucket of frogs! I would only ever have them now.

How funny - ours was Zara!

I agree, could not see myself with another breed.

 

[lapalabra]

Short FTSE 4683, Stop 30pts.

What's your thinking, Chelski?

 

[Manya1983]

Stopped out of my short GBP/USD. BoE announce they wont be purchasing any bonds causing £ strength.

 

[kaisen]

What's your thinking, Chelski?

Whats going on?

I have painstakingly put together an indicator list to monitor to help guide me with possible changes to the FTSE.

Oil has been rising throughout the morning and currently at highs of the morning as the dollar has weakened against GBP and Euro, gold now moving up also.

BP´s share price has been falling depsite rise in oil!?! FTSE has been ahead and now coming back down?!



I assume Chelski you have entered short following the close of the 10 min bar below the previous?

 

[Chelski]

Banged it's head on that level 5 times,(on 10M) also R1 is 4687 on my chart, plus the Divergence, just crossed over 0.

 

[Chelski]

Whats going on?

I have painstakingly put together an indicator list to monitor to help guide me with possible changes to the FTSE.

Oil has been rising throughout the morning and currently at highs of the morning as the dollar has weakened against GBP and Euro, gold now moving up also.

BP´s share price has been falling depsite rise in oil!?! FTSE has been ahead and now coming back down?!



I assume Chelski you have entered short following the close of the 10 min bar below the previous?

Yes,

 

[kaisen]

Yes,

I must say i was tempted. I have a short from earlier - poor position but i have problems with my charts today.

I could not decide whether if was going to penetrate after several knocks at the door or fall back. I have a nice geo trendline as resistance in addition to the resistance at 4687.

What stopped me was the dollar weakening and oil and gold rising and certain mining stocks had ventured further north.

Any further comments regarding your decision process welcome

 

[Splitlink]

It's trying those November and January highs again. Infact, it's through at present for the third time today. Those highs I make 86.8

Now, if we can get established above Aug 3rd.....

 

[Chelski]

I must say i was tempted. I have a short from earlier - poor position but i have problems with my charts today.

I could not decide whether if was going to penetrate after several knocks at the door or fall back. I have a nice geo trendline as resistance in addition to the resistance at 4687.

What stopped me was the dollar weakening and oil and gold rising and certain mining stocks had ventured further north.

Any further comments regarding your decision process welcome

I have a trend line running through there too, if it breaks and holds i will reverse the trade.

 

[Chelski]

Closed -8. if we were not due news may have sat longer to watch it play out. Took +40 on Y£ earlier so up on the day.

 

[kaisen]

I have a trend line running through there too, if it breaks and holds i will reverse the trade.

Are you reversing?

 

[Chelski]

Are you reversing?

Not yet because of the news at 13:00 and 13:30 in US.

 

[SuddenDeath]

US employment report out at 13.15

 

[mmis4167]

ADP Non-Farm Employment Change in 3 minutes

be careful

 

[Splitlink]

A good morning but the last few mins have stopped me out on both indices.

 

[Splitlink]

However, it looks like a spike on Footsie. I may go back into SP.

 

[Geofract]

Afternoon everyone.

Here you go Lapster. Is this how your chart looks btw?

There's still over 2 hrs before the current bar closes, so the '5' might not work out.

 

[Splitlink]

Afternoon everyone.

Here you go Lapster. Is this how your chart looks btw?

There's still over 2 hrs before that bar closes, so the '5' might not work out.

"Might" doesn't cut it. Looks, to me, like we have a pullback on the downside. Now that I have been stopped, I'll step back for a bit.

 

[Geofract]

"Might" doesn't cut it. Looks, to me, like we have a pullback on the downside. Now that I have been stopped, I'll step back for a bit.

I think you might have your wires crossed Split.

I just posted that chart for lapalabra, as we were discussing CAD/JPY over a pm.