FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

Time for tea and biscuits

 

[Jessi_trader]

morning everyone...

 

[Jessi_trader]

Time for tea and biscuits

you have been trying to be nice to market dentist

nice milking....

 

[Jessi_trader]

I am just starting my morning coffee no biscuits though and no breakfast ....

 

[Jessi_trader]

I think DAX is just in the consolidation mode since 11th April and trading sideways...

 

[Jessi_trader]

breaching the box down.... I would start thinking about correction but as of now its just sideways

 

[Jessi_trader]

Greece dead line is due by June and market is seeking some clarity....

 

[Jessi_trader]

"Even though we saw European markets fall sharply yesterday, stock markets have remained broadly within the ranges they've been in for the last few weeks, and that's broadly been true of US markets as well, even if we have seen marginal new all-time highs on the S&P500 and the FTSE100 this week," said analyst Michael Hewson from CMC Markets.

The focus of Wednesday's session will likely be on the States with the Federal Open Market Committee (FOMC) due to announce its vote on monetary policy at 19:00.

US gross domestic product (GDP) figures are also due out at 13:30 and are expected to reveal that annualised growth slowed to just 1% in the first quarter from 2.2% in the fourth quarter.

Analysts at Deutsche Bank said the FOMC statement "will be interesting as to how much they put recent weakness down to transitory factors".

 

[Dentalfloss]

you have been trying to be nice to market dentist

nice milking....

the market is an idiot..it has no relevance to the real world
this is just a numbers game...no more

 

[Dentalfloss]

11770 supp area was hit again and a nice swing to 11837 which was a prev supp on 1 minute

 

[Dentalfloss]

predictable stuff so afr

 

[Dentalfloss]

back into 11770 area again
remember we have 11740 and 11700 underneath
so we are still messing

 

[Dentalfloss]

back into 11770 area again
remember we have 11740 and 11700 underneath
so we are still messing

negative mindset since the open yesterday morning
rallies got shorted today
now at horizontal supp and a minor rally

 

[MichaelJohnFX]

Long @ 11760

 

[MichaelJohnFX]

I'm out. Waiting on data @ 13:30 to see how market reacts

 

[Jessi_trader]

pattern telling me that DAX can tank from here...

 

[Jessi_trader]

But DAX is fake at those levels....

 

[Jessi_trader]

pattern telling me that DAX can tank from here...

seems like H&S break....

 

[Hedging Highwayman]

I'm out. Waiting on data @ 13:30 to see how market reacts

German CPI out at 1pm followed by US data at 1:30pm

HH

 

[MichaelJohnFX]

Waiting @ 11680 Lond if market tanks