FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

with a general short bias 11580

assumed you were scalping down short ops

i have been scalping down from the 11640 area /premarket and taken scalp long bounces aswell
hopefully you got lots ofbenefit from the overbought that was unwound

 

[tokyojoe]

was so busy with the dax today
a 300 point downmove so far..it did not click
all my grey matter was concentrated on the dax

I often tend to overthink the levels, you seem very committed & very confident in your commitment

 

[Dentalfloss]

had to go without tea and biscuits today

 

[Dentalfloss]

confidence..not really
i trade breakouts...so the biggest problem is traps
monday was full of traps..but you can work round these by conastantly adjusting box sizes on the plot

 

[tokyojoe]

confidence..not really
i trade breakouts...so the biggest problem is traps
monday was full of traps..but you can work round these by conastantly adjusting box sizes on the plot

Seems to work a treat, I have another small business, so this is a slowly building up sideline, I have periods where I can really focus on this & others where I'm not able to at all. I'm in no rush though.

Good work from one of the masters, thanks for sharing.

Have a good weekend

 

[tokyojoe]

ps it's the breakout traps I've focused on recently, tricky b'stads they are.

 

[Dentalfloss]

not only was there an overbought situation but an added bonus was that price was at res
4 hour data

 

[inzimam]

3 hours left, what are we thinking?

 

[Dentalfloss]

into next week
range is getting squeezed

 

[Dentalfloss]

dow
we either break higher or bull test

 

[MichaelJohnFX]

dow
we either break higher or bull test

[G]

Morning dentist where can I download / buy the charting tool you use?

 

[Dentalfloss]

SPX into the open
we either break higher or bull test
trend is better defined than the dow

some areas to watch

 

[Dentalfloss]

Morning dentist where can I download / buy the charting tool you use?

bullesye
or better still updata

 

[Dentalfloss]

into the open
in a downtrend
last signal was bullish
price hit major res on friday and pulled back..11580 area/red
trend supp is 11406 down to 11372 /green
higher res is 11700 area/brown
11824 area /purple
fomc on wednesday
there are numerous areas of s/r visible on time based charts..bar/candle

11753 could be a big res area ...the chart then has an upside vertical count activated
11304 makes the chart bearish

 

[Wirzex]

I guess that the correction will end soon, and we'll see the breakout to down. Although, I don't know what will happen to the euro...

Who has any idea about DAX?

 

[itspossible]

^^^sweet niblets whats with the animal avatar^^^

 

[myattitude]

^^because we're smarter than those dorky humans^^

 

[DuCaan]

NASDAQ 100 German DAX Dow Jones Industrials TLT trading at key patterns formations and level.... http://marketchartpattern.com/indic...ation-forecast-weekend-premiere-16-17-may-15/

 

[Dentalfloss]

A decent scalp...long to start the premarket
we were bullish from the charts posted

 

[Dentalfloss]

11500 was a prev supp..so was expecting res there
Scalp short taken