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

[wallstreet1928]

dax- are we witnessing a break out here?

 

[bw81]

3 month 4 hr chart - potential inverse head and shoulders

I am confused, shall i tell you all why?

here we go?

OK chaps ..........

we had a channel forming to the upside - 2 red upward sloping trend lines until it was broken on 30th March falling to the light blue trend line.
If a trend line is broken and it falls out of the channel the same trend line turns from support to resistance on 1st April 2009 hence the reason why i went short yesterday @ 3950 after confirmation .(yes, I got april fooled).

if we are remaining within the red channel then the projections are 4100 today and then 4200 in the next few days

this theory or projection could change in an instant with US employment numbers as we have broken out of the channel once already and trade back to the light blue trend line.

I suppose i shouldn't pay attention but If you are not comfortable then one should refrain

many thanks for your analysis WS, I got burnt on the S&P yesterday so Im standing to one side today to try and work out what I got wrong on my charts. I really dont understand this most recent surge in all the markets so need to analyse where the signals are.

thanks for those tips on the website inthemoneystocks.com Ive been listening to the videos they are really great learning videos and ive seen a few signals I have missed on my charts with their tutorials.

 

[foredog]

can you post some links or books for me to start learning currencies please dentist......?

2nd post has links to a few currency trading threads, may help.

http://www.trade2win.com/boards/gen...ould-i-pay-course-etc-etc-etc.html#post707344

also try babypips.com

has a lot of the stuff on funnymentals etc.

 

[Dentalfloss]

ws.look at forexfactory.com

 

[Dentalfloss]

vertical count activated on the ftse.target 5000 ish/medium term

 

[wallstreet1928]

dax- are we witnessing a break out here?

nice break out on DAX....I'm impressed?

 

[wallstreet1928]

many thanks for your analysis WS, I got burnt on the S&P yesterday so Im standing to one side today to try and work out what I got wrong on my charts. I really dont understand this most recent surge in all the markets so need to analyse where the signals are.

thanks for those tips on the website inthemoneystocks.com Ive been listening to the videos they are really great learning videos and ive seen a few signals I have missed on my charts with their tutorials.

I will try my best to do the Educational webinar this month
InTheMoneyStocks - Education, Seminars, Webinars

I always resort to teaching myself, I have never been on a course before and it will be my first one

It shoud be interesting

works out to £420 .......and its certainly worth every penny!!

 

[Dentalfloss]

1280-1300 on the nas 100 today,might be the party pooper

 

[SuddenDeath]

SP500 is the 820.7 level important ?

 

[wallstreet1928]

SP500 is the 820.7 level important ?

819.8 is important as gap down

 

[wallstreet1928]

I am short FTSE 4096 ...stop loss 4126

 

[wallstreet1928]

I am short FTSE 4096 ...stop loss 4126

amend stop loss to break even

reason= failed double top

I'm back after some number crunching and my system should now be back online

that was some move up chaps and I lost my bearings as It took me by surprise

 

[wallstreet1928]

I am short FTSE 4096 ...stop loss 4126

taken 16 points profit on 2 contracts, amended 1 contract to break even

profit taken as red channel still intact

 

[wallstreet1928]

S&P break out or failure?

can we break the red line?

 

[wallstreet1928]

BREAK OUT , BREAK OUT

can it go further

red line is key , if hold then I will go long again up to 850

 

[wallstreet1928]

BREAK OUT , BREAK OUT

can it go further

red line is key , if hold then I will go long again up to 850

working beautifully so far

 

[aah1978]

it's working great for me.

 

[wallstreet1928]

it's working great for me.

you have to be very quick to take your profits, amend it to break even or have trailing stop loss

this is one crazy market ............

I hit my stop loss break even on my last trade

 

[wallstreet1928]

potential short opportunity may arise soon for me

IF 20 MA taken out and red trend line broken

other wise the up trend is still in force

 

[aah1978]

i went short on ftse at 1440, going well so far.

snp broke even