Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
ws..did u play well ?? at the weekend
a chart of eurusd
sentiment is bad for the euro.but we could be in a bounce zone
the bearish support line accoding to dr zieg the p/f technician,is drawn from the highest "X " in a column of "X" s.the "x" should be exposed.ie not covered by any X or O "s
so i have drawn 2 bearish support lines /green.one is about hit already.the lower should hit at parity and coincide with the downside vertical counts
daily data..100 pips box size by 3 reversal.hilo plot
so if this is right,then we might be in a major support area
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
a diiferent box size..50 pips by 3 reversal.daily
close data.there is a bearish support line.showing 1.1880 area
lets see how well dr.zieg"s method works
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
ws..nas 100 /hourly
data is from april 2009.over one year.the uptrend is still intact..just
between the two black lines is where it should get interesting
i do agree that the higher box size/longer time horizon is bearish.but at this point.i think its too early to say it is fully bearish..imho
many people have lost alot of money calling the top
lets see what happens
the range is getting squeezed.so could be a big pop coming
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
FTSE 100 Analysis- daily chart - evening star pattern played out, but still consolidating in green bar on 27th may, key support @ 5060, if breached then 4980 !!
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
euro watching.1.1880 was the support area.good old dr.zieg !!
eurusd.hourly.approx 4 months of chart data
33 pips by 3.hilo plot
lets see what happens between the green lines.the lower trendline/green has been drawn.in p/f you can draw a trendline if you think a top/bottom has been made.plenty of overhead resistance.the low pole just about been taken out.so there could be some strength....short term
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
had a great day today.i bought every dip in the eurusd,ftse and dow
plenty of points. ws...i went in the opposite direction as you
to me there was some strength in the eur from the chart.no follow thru from friday"s move down
lets see what happens tomorrow
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
ftse 100..in the uk market,there looks to be a change in trend.aa new short term uptrend has started/green line.need to se price stay above it.res areas are the downtrend lines
10 min data.a high-ish box size/30 points by 3 reversal
close plot
too early to say if it has any meat..lets see what happens
no bias change seen in us indices at present.