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

[wallstreet1928]

I am now short FSTE 3831 ...............stop loss 3861

scalp

stop loss hit

bad trade

looks like its trying to close the gap

i must stick to trading plan

 

[Dentalfloss]

careful of shorts.we just printed an uptrend column

 

[Dentalfloss]

the death zone on this chart is 3870-3900 area

 

[wallstreet1928]

careful of shorts.we just printed an uptrend column

my analysis states no more up trend ..............

I had bad timing on my previous trade i shoud have waited till 3840 .....

this market is going down

I am off to a meeting in the office today

I made 50% of my daily target last night and I am - 10 points for today

I will be back in the afternoon

the only reason why this market rallied is because of retail (i was suprised it got past 3840 to be honest)

happy trading

 

[Chelski]

my analysis states no more up trend ..............

I had bad timing on my previous trade i shoud have waited till 3840 .....

this market is going down

I am off to a meeting in the office today

I made 50% of my daily target last night and I am - 10 points for today

I will be back in the afternoon

the only reason why this market rallied is because of retail (i was suprised it got past 3840 to be honest)



happy trading

i agree, i see resistance at 3860 or so and we bounced off that line, when i saw your stop ithought you also saw resistance in the same area. if we were right all the time it would be so dull!

 

[Dentalfloss]

wallstreet...could be.too early to call as yet
price has not breached the uptrend line.although the last signal was bearish.
3750 is a strong support.it held during some bad news.
price is getting into an even tighter range on this chart
i would not like to call this one as yet
just my own opinion

 

[Chelski]

wallstreet...could be.too early to call as yet
price has not breached the uptrend line.although the last signal was bearish.
3750 is a strong support.it held during some bad news.
price is getting into an even tighter range on this chart
i would not like to call this one as yet
just my own opinion

Dentist,

On my 1 hour the 200 MA is lurking around 3753 plus lots of support from previous days.

 

[bw81]

i agree, i see resistance at 3860 or so and we bounced off that line, when i saw your stop ithought you also saw resistance in the same area. if we were right all the time it would be so dull!

i also agree 3860 was a previous support area so its now resisting upward movement, but if it does get above it there will be 3880 to resist it as that was a very strong area on the up trend.

 

[Dentalfloss]

dax chart is not so well defined as th ftse.a bit more erratic
chelski.3753 is a statistical number .ie 200 ma
my determination of support is
1.how many times it was hit and on what imeframe.ie daily is stronger
2.time ie how many days it held
3.how bad the news was to keep as a support
secondary factors are.trendlines vertical and horizontal counts.fibs.sometimes an ema or bollis

 

[candles]

tring a ftse short here 3886 - 25 point stop

 

[Dentalfloss]

looking for a break below 3870

 

[Dentalfloss]

another upward box printed.this range is getting tighter now

 

[wallstreet1928]

Afternoon chaps

back from a meeting

i am short FTSE 3902 ...stop loss 3932

 

[wallstreet1928]

FTSE analysis- trading plan for 31st march 2009

scenario 1 - if trend lines and MA's taken out(confirmation req'd) then a nice scalp is on the cards by going long up to yesterdays gap down 3835- 3840............
obviously if we take out 3840 then i will be happy to go long up to gap fill 3890

scenario 2 - If we fail to show any interest above 3780 then i am happy to remain short upto 3740 and 3710

silly boy, IF ONLY i HAD ADHERED TO MY TRADING PLAN

 

[bw81]

silly boy, IF ONLY i HAD ADHERED TO MY TRADING PLAN

if only I had adhered to YOUR plan I would be quids in

The FTSE is back into the upper trading channel as shown in my 10 minute chart between 3880 and 3950 and it also appears to holding to my medium term up trend channel lines.

 

[wallstreet1928]

Afternoon chaps

back from a meeting

i am short FTSE 3902 ...stop loss 3932

taken 20 points profit on 2 contracts and amened last contract to break even

 

[candles]

tring a ftse short here 3886 - 25 point stop

Wasn't a great entry - Am closing it here at 3873 for 13 points profit

 

[wallstreet1928]

taken 20 points profit on 2 contracts and amened last contract to break even

closed last contract for 30 points profit

 

[Trader1UK]

Nice analysis and trades guys... Had held FTSE overnight and gained some nice profit this morning... now to the snp, lets see what its getting up2...

 

[aah1978]

made my first trade and profit, thanks to wallstreet,

Thanks mate.