Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

This is a discussion on Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!) within the Indices forums, part of the Markets category; TUES, 28 Dec 2011 Have not updated in a bit - work was really hectic, so wasn't able to log ...

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Old Dec 28, 2011, 10:39pm   #11
Joined Sep 2009
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

avgjoe started this thread TUES, 28 Dec 2011

Have not updated in a bit - work was really hectic, so wasn't able to log previous trades. I'll start with this week so far...

Short AUD/USD
Up to 1.0160
Avg = 1.0155
S/L = 1.0185
TGT = 1.0125, 15

Fundamentals

RISK OFF

HONG KONG (MarketWatch) — Asian markets extended their fall in thin
volumes Tuesday, with South Korean stocks briefly sliding more than 2%
in choppy trade before recovering some ground, while Chinese shares
dropped further on lingering worries about the economic outlook.

  • Nikkei Closes Down, Trade Value Hits Lowest Since '03
  • S&P 500 slammed into 200 MA resistance on the daily chart
  • Risk FX - US dollar @ support as Europe talks of QE
  • Commods - oil fails to get past $100 resistance and copper weak overnight as stuck @ resistance..no HH!!

Technicals

10 mins @ 200 MA resistance and fib retrace resistance
60 mins - lower highs = bearish

Click the image to open in full size.
Click the image to open in full size.

Short FTSE

Up to 5548

avg = 5543
S/L = 5593
TGT = 5500 - 5450

Fundamentals
  • Asia down overnight
  • Italy Govt Bonds 10 Year Gross Yield 7.121% = danger = risk off
  • Talk of QE from EUROPE = weaker EURO = higher US dollar
  • Commods at resistance along with RISK FX

Technicals
  • 10 mins - resistance @ 5540 as bull flag complete
  • 60 mins - berarish wedge formation , high probability of break to down
  • side as EURO and oil @ resistance

Click the image to open in full size.
Click the image to open in full size.

Short DAX
Up to 5911
AVG =5906
S/L = 5936

Technicals

10 mins = trend line and gap level resistance
60 mins - upward sloping wedge = bearish as triple in with no HH's = reversal

Click the image to open in full size.
Click the image to open in full size.

Short CAC

Up To 3139
Avg = 3134
S/L = 3164
Tgt = 3104, 3094

Fundamentals remain the same = risk off
Franch CAC 40 daily chart = doji = reversal
10 mins - gap must close as unjustified
60 mins resistance

Click the image to open in full size.
Click the image to open in full size.
Click the image to open in full size.

Short Nasdaq

Up to 2290
Avg = 2288
S/L = 3010
Tgt = 2260, 2250

Click the image to open in full size.
Click the image to open in full size.
Click the image to open in full size.

Later that day...

Short Nasdaq

upto 2304
avg = 2299
stop loss = 2320
tgt = 2280.70.60

Asian markets making new lows
Iran threatens to cut off strait of Hormuz....... Economics = exogenous variable shock = risk off
Oil > $100 = reduction in disposable income = fear trade = risk off = not good for Technology
Italian bond yields > 7.1 %
US dollar support

Technicals


Daily chart - 200 MA & trendline resistance
60 mins - trendline resistance
10 mins - gap level resistance
Apple and semi conductors into resistance

Charts Same as above attached

The reasons for the following shorts from 7PM:
- Oil at resistance, copper and gold remain weak.
- Nothing to fuel the aussie to move higher now as Iran spike factored in

Short FTSE
Up To 5553
avg = 5548
stop loss = 5578
tgt = 5518 , 5508


SHORT CAC
Up to 3118
avg = 3113
stop loss = 3143
tgt = 3083 , 3073

SHORT AUD
upto 1.0168
avg = 1.0163
s/l = 1.0193
tgt = 1.0133


SUMMARY FOR THE DAY
A few trades were closed b/e after being up +10. None to minimal losses there if the average was good. These are Tuesday's results:

Short DAX from 5913 +30
Short CAC from 3129 +20
Nasdaq short, AUD short & FTSE short closed for a total of +15
@7PM, AUD, FTSE & CAC closed +52

My total for the day + 117

Last edited by avgjoe; Dec 29, 2011 at 12:10am. Reason: updating content..
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Old Dec 29, 2011, 12:24am   #12
Joined Sep 2009
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

avgjoe started this thread WEDNESDAY, 28 DEC 2011

SHORT FTSE 07:44
Up to 5521
avg = 5516
s/l = 5546
tgt = 5486, 76

SHORT CAC 07:51
Up to 3104
avg = 3099
s/l = 3124
tgt = 3074

SHORT DAX 08:06
up to 5886
avg = 5881
stop loss = 5906
tgt = 5850, 5840


SHORT NASDAQ 08:06
from 2287 , upto 2293
avg = 2290
stop loss = 2310
tgt = 2270

LONG FTSE 08:59
upto 5484
avg = 5490
s/l = 5460
tgt = 5520

LONG AUD 08:58
from 1.0163 , upto 1.0153
avg = 1.0158
stop loss = 1.0130


SUMMARY FOR THE DAY
Short FTSE closed +21
Short DAX closed +18
Short CAC closed +15
Long FTSE closed + 20
Long AUD closed +10

TOTAL : 94 pips

There were more trades, but these are the only ones I took, two of which were a break even nasdaq short & a euro short -7 loss. The low volatilty suited me today as I was'nt online for certain periods, so I'm liking this quiet period!
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Old Jan 14, 2012, 4:48pm   #13
Joined Sep 2008
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

so blatantly obvious what's going on here it's pathetic. At least one nic was banned.

Peter
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Old Apr 21, 2012, 1:15pm   #14
Joined Nov 2001
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

Quote:
Originally Posted by Jonathan_Spearing View Post
Hello All,

I have been trading for some time now as a part time hobby, but unfortunately I make money, then lose money etc...so I’m more or less square, so no reason to giving up my full time job as a Quantitative Analyst as yet.
I have many friends trading at Marex, and one of my friends introduced me to one of his friends who runs a trading service, where he advertises the trades he is about to place. My friend who trades bund futures at Marex tells me many of the “locals” use this service as a part time hobby just to make “small chips” and keep their brains active, but when I saw this service can generate over £2,000 per week I was shocked.
Has anyone used has anyone used http://www.spreadbetguru.co.uk/before?

Here are the trades that were posted for the Dow Jones Index to me covering the last trading week.
Just need some insight to be honest

Friday April 13TH

size ticks p/l
12909 B
12899 S 10 10 -100

12909 B 20 10 -200
12899 S

12909 B 40 15 600
12924 S

12902 S 10 -10 -100
12912 B

12902 S 20 15 300
12887 B


MONDAY 16TH
size ticks p/l
12898 S
12883 B 10 15 150

12874 S
12885 B 10 -11 110

12926 S
12938 B 10 -12 -120

12926 S
12911 B 20 15 300

12929 S
12939 B 10 -10 -100

12963 S
12950 B 10 13 130

12928 S 10 20 200
12908 B


TUESDAY 17TH size ticks p/l

12944 S 10 -13 -130
12957 B

12960 S 10 -10 -100
12970 B

12960 S 20 -20 -200
12970 B


13053 S 10 -10 -100
13063 B


13091 S 10 -10 -100
13101 B

13109 B 10 13 130
13122 S

13122.3 S 10 9.5 95
13112.8 B

13091 S 20 4.5 90
13086.5 B



Wednesday 18TH size ticks p/l

13091 S 10 -11 -110
13102 B

13092 S 20 -10 -200
13102 B

13092 S 40 14.5 580
13077.5 B


13052 S 10 4 40
13048 B

13051 B 10 11 110
13062 S

13070 S 10 12 120
13058 B


13035 S 10 -10 -100
13045 B

13067 B 10 -12 -120
13055 S


13034 S 20 14 280
13020 B


Thursday 19TH size ticks p/l

13022 B 10 8 80
13030 S

13050 S 10 16 160
13034 B

13005 S 10 -10 -100
13015 B

13069 S 10 -11 -110
13080 B

13069 S 20 15 300
13054 B



13005 S 20 15 300
12990 B


FRIDAY 20TH size ticks p/l

13004 S 10 -10 -100
13014 B

13019 S 10 -10 -100
13029 B

13019 S 20 9 180
13010 B

13039 S 10 16 160
13023 B

13070 S 10 -11 -110
13081 B

13070 S 20 17 340
13053 B

Total £2,455
Doesn't mean anything, though, unless the trades are posted as soon as
opened and closed.

I've tried posting live but decided that it was too difficult for me to be in two places at once.
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Old Apr 23, 2012, 4:13pm   #15
Joined Nov 2001
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

That is something that you must decide for yourself, but anyone can post "hindsight" trades on a thread.
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Old Apr 26, 2012, 11:37am   #16
Joined Apr 2010
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

Quote:
Originally Posted by Jonathan_Spearing View Post
I decided to give it a go, and received a one week free subscription. I called him up and he gave an insight - he was a floor trader who used to work at Refco trading the Bund futures, since then he has moved over to Dow due to the volatility but using his same trading style. Since monday, I have been making money (although only on a demonstration account) however I am copying whatever The Guru is telling me he is doing.... this spreadbetguru.com website seems damn good...only £50 per month as well...think I will subscribe to this service...doesnt really hurt my pocket to see how someone else is successfully trading.
Ha ha his one page website thats only up and running since last tuesday
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Old May 8, 2012, 3:59pm   #17
 
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Joined May 2012
Re: Daytrading - FTSE, DAX, NASDAQ, CAC (& maybe some other instruments too!)

I was just browsing for related forum posts for my project research and I happened to discover yours. Thanks for the excellent information!
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