Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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Geofract
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closed for +12
Geofract
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SP 500 up or down? I'm thinkng down. I have another short open on FTSE at 3993.
+ 12 on last trade was rubbish - I make a bad scalper
Closed for + 16 - could be more downside though... we shall see
I'm short from the SPY's VWAP. If we break yesterday's low we could flush out quite quickly.
Geofract
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Geofract
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Hi Romzilla. Good luck with SP short.
Breaking down quite nicely now
Yep, there goes the neighbourhood. A pattern is a pattern until it isn't:
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Geofract
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Yes, lots and lots more downside! Should have stayed in
Bernanke talks at 18.30 I think, so decided to be cautious.
We always think why we did not predict the future. Got burned up latly so I think it is better to get out early with some points in your pockets then watch it all fly away. Good luck friend!
Yes, lots and lots more downside! Should have stayed in
Bernanke talks at 18.30 I think, so decided to be cautious.
Geofract
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Lots of divergence on the RSI notice. I do have a MACD on a 4hr chart, which has been looking divergent for 2 weeks or so. It does seem to be quite a good indicator for a longer time frame... in the early days I used it for entry, and exit, not so clever... anyway, I'll stop wafflng now
Good luck on the short Rennie... 840 now!!! yeah!
Yes, lots and lots more downside! Should have stayed in
Bernanke talks at 18.30 I think, so decided to be cautious.
Bring back George Bush. He used to be worth a quick 100 points of downside every time he opened his mouth :cheesy:
Geofract
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Quite right, nothing wrong with being cautious, that way we all get to have some fun another day.
Still, I can't help but kick myself when I miss out on lots of points
Well done romzilla on your trade!
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Geofract
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LOL, excellent!!!
Thank you for the support! I had some shock from losing now starting to get my confidence back thanks to you guys. Nice coverage of index market
I am in with small amounts, but it is nice to have some profit at the end of the day for a change. Maybe there will be a possibility to catch up or down today!
I am in with small amounts, but it is nice to have some profit at the end of the day for a change. Maybe there will be a possibility to catch up or down today!
Quite right, nothing wrong with wrong cautious, that way we all get to have some fun another day.
Still, I can't help but kick myself when I miss out on lots of points
Well done romzilla on your trade!
Lots of divergence on the RSI notice. I do have a MACD on a 4hr chart, which has been looking divergent for 2 weeks or so. It does seem to be quite a good indicator for a longer time frame... in the early days I used it for entry, and exit, not so clever... anyway, I'll stop wafflng now
Good luck on the short Rennie... 840 now!!! yeah!
I'll have a look at that. But there are lots of gaps on the chart as well.
It's getting a bit oversold on all timeframes now.
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