FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

a decent 200 point move from the 11580 res we said about earlier

 

[Dentalfloss]

time for my cheese and pickle sandwich

 

[Dentalfloss]

90 point move fromthat 11372 area we had marked

 

[Jessi_trader]

I expect 10,000 area in DAX in next couple of weeks....

 

[Jessi_trader]

1477 away ....

 

[Jessi_trader]

US NAHB Housing Market Index in 5 minutes can bring some momentum... or may be not... who knows.... :innocent:

 

[myattitude]

its right at the top of the all time high, and highest since March. a break could be significant, or a bounce down

so basically i dont have a clue what its going to do next

 

[Jessi_trader]

Home builder sentiment drops 2 points in May to 52

 

[Atilla]

Short the pants off anything above 18300 imo.

SL @ 18500.

Then strap your parachute on and make sure you don't get a nose bleed on the way down from dizzi heights...

 

[Jessi_trader]

Short the pants off anything above 18300!

SL @ 18500.

Then strap your parachute on and make sure you don't get a nose bleed on the way down from dizzi heights...

 

[tokyojoe]

Dax.... zoomed out 1hr : overhead down trend line, also fri high & 11580 area

but, 5 min structure is solid, although just printed a couple of trouble bars.

1 min now at 11540 1 min support area.

so this little tussle will give a good idea of intention

avoiding the carrot of course

 

[tokyojoe]

5 min breaking down ?

 

[Dentalfloss]

11580 revisit
which we had
short in from that

 

[tokyojoe]

seems very controlled atm

 

[Jessi_trader]

long term trend still intact, breach of 11600 will indicate the reversal sign...thus trend change...

until then nice tradable channel.. with bit of support at 11300....

 

[Jessi_trader]

in short term... overall price action is bearish if remains under 11600... forming a diamond pattern which is expected to get resolved by Friday or may be early next week.

 

[tokyojoe]

it's got more veg on show than sainsbury's

 

[tokyojoe]

IG quotes 5 points adrift of dma a minute or so ago, now back level, be VERY wary of the price quote from IG when the market is slow

 

[Hedging Highwayman]

it's got more veg on show than sainsbury's

There certainly is...the pointy orange variety

 

[tokyojoe]

There certainly is...the pointy orange variety

Exactly, two bs'tad carrots at the same time, a real one from the real market & the other from IG's plastic one