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

This is a discussion on Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders within the Indices forums, part of the Trading Choices category; @ GEO, Manya - What do you guys make of GBPJPY, just broken out of the hourly channel on the ...

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Old Aug 3, 2009, 8:25am   #10465
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Default Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

@ GEO, Manya - What do you guys make of GBPJPY, just broken out of the hourly channel on the upside. Pretty fierce all morning.
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Old Aug 3, 2009, 8:31am   #10466
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Default Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

where can i get earning reports from for uk and us companies
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Old Aug 3, 2009, 8:33am   #10467
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Default Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Listen to bloomberg live
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Old Aug 3, 2009, 8:36am   #10468
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isnt there anywhere online in the format of an economic calender but for company earnings
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Old Aug 3, 2009, 8:36am   #10469
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Default Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

wallstreet1928 started this thread
Quote:
Originally Posted by kaisen View Post
Hey ws, at what point do you conisder a pattern confirmed?

EG, currently we have 2 down candles on the 10TF and currently have 2 inside up candles creating a bear flag.
At what point would you consider the bear flag pattern negated? When a 10 candle closes higher than the last down candle or when the up candles exceed the first down candle?

If you could give your view on bull flags and any other pattern on this subject that would be greatly appreciated.

ATB
Sorry Kaisen I have been busy at the manchester county court office. I had to submit my defence against the crazy tenant I had previously.......going up the elevators to the 11th floor in the new office made me dizzy!!

I will give you an example of a scenario when I believe todays bull flags will be negated..

FTSE currently @ 4680 ...........


FTSE has produced bull flags all day long ............


FTSe has recently traded as high as 4692 and recently put in a low of 4675-4672...this is signs of exhaustion!!

I will wait for market to create a double top @ 4692 and then trade below 4675 .........that would be classed as a failed bull flag and market will then trade lower....

Double top @ 4692 could be a good level to short provided we get confirmation at that level ...........

my only concern at present is oils resilience and immense strength..........along with euro breaking above 1.43 !!

i would certainly not like to take a short position @ this moment in time ........

best to sit on the fence
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Old Aug 3, 2009, 8:40am   #10470
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Originally Posted by wallstreet1928 View Post
Sorry Kaisen I have been busy at the manchester county court office. I had to submit my defence against the crazy tenant I had previously.......going up the elevators to the 11th floor in the new office made me dizzy!!

I will give you an example of a scenario when I believe todays bull flags will be negated..

FTSE currently @ 4680 ...........


FTSE has produced bull flags all day long ............


FTSe has recently traded as high as 4692 and recently put in a low of 4675-4672...this is signs of exhaustion!!

I will wait for market to create a double top @ 4692 and then trade below 4675 .........that would be classed as a failed bull flag and market will then trade lower....

Double top @ 4692 could be a good level to short provided we get confirmation at that level ...........

my only concern at present is oils resilience and immense strength..........along with euro breaking above 1.43 !!

i would certainly not like to take a short position @ this moment in time ........

best to sit on the fence
Thanks ws, i was just thinking about a re-test and a double top. I have alot of resistence above.

ATB
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Old Aug 3, 2009, 8:41am   #10471
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wallstreet1928 started this thread BP is king of FTSE...................

if this market rips higher BP has to move above 510 - 512 ...........

keep an eye on it chaps
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Old Aug 3, 2009, 8:46am   #10472
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am off to grab lunch. dont be naughty at US open :P
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