FTSE, DAX, DOW Trading Ideas and discussions

[Local1]

spx on a bull run

spot on shifted up to 2099, finally moved. been real boring one last couple of days

nothing stopping the dax, 11670/80 next stop at this rate

HH and LH for past 6-7 days

 

[Local1]

nice little drop there on dax. see if it continues here

 

[Local1]

50 pip pump in the euro on back of adp

 

[Atilla]

FYI - Just a quick 1H chart Euro V DAX moves...

EURO - green line - axis on left-HS.

 

[Atilla]

DAX pretty much testing previous 11625 from 23rd of July...


Support levels are;

PP-R3 @ 11589 &
PP-R2 @ 11534

 

[Local1]

DAX pretty much testing previous 11625 from 23rd of July...


Support levels are;

PP-R3 @ 11589 &
PP-R2 @ 11534

another test coming up
doe not look like it will hold this time

 

[Atilla]

another test coming up
doe not look like it will hold this time

US open looks strong yes. One to watch.
I don't see it going much higher for today.
Be interesting to see if it holds 11600s for the day.

 

[Dentalfloss]

spx

 

[Dentalfloss]

spx could go anywhere
stack of horizontal res
bullish break/aqua today
horizontal res 2113-2116
breakout is 2100-2103
trend supp 2094-2097

 

[Dentalfloss]

2110 might hold it

 

[Local1]

breakout in dax, 70/80s now....

 

[Atilla]

SPX looking very bullish too.
PP-R3 @ 2113 next target.

 

[Atilla]

Today, less is more.
Sit on hands day.

After few rain drops sun has come out to play.

 

[Dentalfloss]

2110 might hold it

nope

 

[np74]

nope

Dentist

what sort of stop do you use on SPX , I havent traded spx yet want to give it go

 

[Dentalfloss]

stop is one box below /above the pattern..i try and prejudge the breakout points
i want to get in on the other side of the pattern..ie a bullish pattern..i am looking at the lows
then
i am looking for consecutive bull/bear signals
those are the rules
the numbers depend on the box size

 

[Dentalfloss]

that does not always work...lol
cos tick charts are slightly out of sync with p/f
trends take time to build on p/f
hence the grid on tick charts

 

[Dentalfloss]

exits have improved dramatically
i have adapted Duplessis lo/hi input by using a moving average against the trend
if trend is up..then looking at the ma of the lows

 

[Dentalfloss]

SPX looking very bullish too.
PP-R3 @ 2113 next target.

you nailed it

 

[Local1]

spx struggling here, favoring shorts up here.