FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

SPX - 4H Chart - PP Levels

Interesting strength in SPX holding up last weeks gains.

No doubt also holding breath on earnings.

Have marked the upside as 2135 and downside as 2114.

Short bias continues. Will not take any longs but watch for tear downs with short sell limit orders 5-10 pips below. Increasing range as expecting geater volatility.


We are also testing the long term upward sloping trend line that have been breached. So text book theorem - previous S becomes R etc...

 

[Dentalfloss]

eurex
bunds ok
dax ..not yet

 

[Atilla]

On DAX that earlier down move seems to have been a dud.

Rocketing up now... :whistling

 

[Dentalfloss]

dax in res
eurex must be ok now

 

[Dentalfloss]

tweets saying eurex dax still not open
is that right ??

 

[Atilla]

DAX looks like testing PP-R2 @ 11812

11800 zeros always key resistance so should be a test of bulls and bears appetite.

 

[NickBk]

tweets saying eurex dax still not open
is that right ??

No it opened proper at 09.30

 

[MichaelJohnFX]

Missed every single move this morning - absolute bummer. Running around london to only find out i was on the wrong side =/

 

[Dentalfloss]

areas to watch

a bounce from our 11650 area we had marked on Friday
the 50% area marked on the chart
res ..so far is the 11790 area from friday
nowt else goin on

 

[Dentalfloss]

bullish momentum
is it the apple effect ?

 

[Atilla]

I was thinking it's Greece paying back €3.5bn to EU.

More relief from a constipated EU relieving it self. :cheesy:

 

[Dentalfloss]

spx in that 2130 zone as highlighted by Sassy options

 

[Dentalfloss]

bounce on eurusd and then a dump
back in supp..will it hold ??

 

[Atilla]

Morgan Stanley earnings in. Good earnings and stock up.

Finviz.com shows the companies and size within the sector.

http://www.finviz.com/map.ashx?t=sec

Google and AAPL dominate. Surprised to see what a balloon FB is!!!

 

[Atilla]

wrt Euro I hold the opinion 1.10 is my PP and expect it to hover around 1.08-1.12 range. Did over shoot my expectations before though and reached out to 1.14.

That's the market being premature and thinking EU issues over.


However, if 1.08 fails then testing the lows becomes a possibility. Having got some resolution on agreements going forward for at least another 5/6 months I don't see why it should tank now.

Fed rates maybe but without 2% inflation I reckon Yelen will kick the rises down the road again. .

Hence, bullish on Euro above 1.08.

 

[utrecht_00]

MT4 Programming

Hi All,

can anyone recommend a reputable company for MT4 program development (EA) and coding please?

Any help much appreciated. Thanks.

 

[Atilla]

Is it me or is the market really lacklustre...

I'm waiting for US open and then will step out.

 

[Dentalfloss]

afternoon all
whats in store ??

 

[Local1]

this market looks punch drunk.

have not traded in a few days, waiting, can't see nothing worth risking at mo....

 

[Dentalfloss]

into the open