Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Hi Dentist,
We had a concept, for quite a long time, over last one year, of inverse correlation between Indices & USD-Index. Don't you think it's not working that way, any more?
Cheers.
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
US-Healthcare Reform: Do you think unhappy investors / traders would express their disapproval in the stock market, later this afternoon?
Bearish Engulfing Candle on Friday (DJIA & SPY) have kept the stage set...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
FTSE Daily Chart: Sorry, for not being able to post the chart. It appears that the price is making newer Highs but Slow Stochastics (& even RSI) have fallen flat. Does it indicate Bearish Divergance or is it...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Some Bull Run!
'Just wondering if it's a prelude to a Sharp Decline, at some point of time!
Cheers.
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Congrats Kaciara! I'm stopped out @ 5410.
Another day with Higher High & Higher Low!
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Thanks for posting all of these Charts
You contribution makes this forum so 'worth visiting'!
I guess, a clear direction would emerge in the 1st week of March.
Sitting on my hand, anxiously, with my Short...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
What's happening to the $US guys? It's sinking and pushed my Short-FTSE in (50 points) RED!
I don't understand the cycle concept. But ITM indicated a potential down turn in the 1st week of March. Fingers...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Weak $US would push the Stocks Up....
Ominous signal for people like me who've gone Short (eg FTSE)!
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
FTSE100: Shooting Star (22/02) has worked well, once again!
# The Outside Bar, as pointed out by Mr G might be hinting at short-term bearishness
# Considering going Short at a better price (>5315)
#...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Thanks for your comments Ian. This is what makes the forum so useful.
You're right, I lost focus on the Weekly Chart, for a while.
Yes, we've to wait for more compelling reasons to go Short on FTSE100. I'll...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Naive Observation (Mon-22/02-EOD):
#1: Shooting Star, on the Daily Chart. Last one (11th Jan) marked the decline from 5600 to 5033
#2: Price made a new High = 5387, But RSI and Fast & Slow Stochs fell Flat...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Thanks a lot for that. I understand where you are coming from. 'Couldn't agree more about the practice bit. Clearly, I've got a long way to go.......
I try to look at the charts during the day. However, would...
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
Hi Dentist, I am quite new in this and find your P&F charts really interesting!
I was wondering what would be the right set up for the FTSE?
Tick Data: Box= 3 & Reversal=3 or
Tick Data: Box=5 & reversal=3...