FTSE, DAX, DOW Trading Ideas and discussions

Bulls are trying to hold 11400 re DAX. Indicators still showing sell signal.

Seeing bullish inklings in short TFrames. DOW, SPX, CAC looking bullish and FTSE oversold. :rolleyes:



Limit sell order placed @ 11420
 
Bulls are trying to hold 11400 re DAX. Indicators still showing sell signal.

Seeing bullish inklings in short TFrames. DOW, SPX, CAC looking bullish and FTSE oversold. :rolleyes:



Limit sell order placed @ 11420

good stuff 410-420. For a short I'd say.

If that breaks. Cut cut cut
 
tick chart shows move down to 11388 and the reversal
11400 might be res

27y3dlc.png

retest of 11392 held
 
the pump from 11388 from the tick chart 11424

308zgcz.png

you can see 11392 got retested on p/b and then it pumped
 
Still holding. Would like to see 11400 breached and 11300s tested.

Grexit negotiations being left over to the weekend.

In the absence of a deal, we'll have a shed storm on Monday. Can't see who'll want to keep positions over the weekend...
 
dax
been very resilient if you plot the close

27zyidc.gif




Still holding. Would like to see 11400 breached and 11300s tested.

Grexit negotiations being left over to the weekend.

In the absence of a deal, we'll have a shed storm on Monday. Can't see who'll want to keep positions over the weekend...
 
here is the good bit..the range is being squeezed..ready for a pop
any move down needs to see 11380-11400 area as resistance
with a strong area of support as shown on the chart..then price will recoil if it moves down
 
dax
been very resilient if you plot the close


Does the triangle showing LH's have any significance on PnF?

In CS charts it means bulls are failing to push back the bears and eventually the line will retreat back down...


11400 zeros holding up the psychological line.
 
here is the good bit..the range is being squeezed..ready for a pop
any move down needs to see 11380-11400 area as resistance
with a strong area of support as shown on the chart..then price will recoil if it moves down

Correct. See 1 min and 5 min chart for this. Easy money again.
 
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