FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

Norway and Taiwan cut rates
Hennce the sell

 

[Local1]

bounce finally.
corresponds with the euro coming off also.

 

[2be]

9340 was posted over the weekend. a close below - dax starts to look nasty..a weekly close below...

Poss move up before the next pull down.

This is daily TF of Dax and my current Delta count, also posted on Delta thread.

 

[MichaelJohnFX]

Poss move up before the next pull down.

This is daily TF of Dax and my current Delta count, also posted on Delta thread.

Which is what I'm seeing with the triangle formation I've been watching...the move today looked like the last wave. not too sure about a pullback level area yet..you got anything? can't really see it on ur chart

 

[Dentalfloss]

Wants to pump that 1916 area

 

[2be]

Which is what I'm seeing with the triangle formation I've been watching...the move today looked like the last wave. not too sure about a pullback level area yet..you got anything? can't really see it on ur chart

Will work out some fibs later on
Weekly TF looks interesting

 

[MichaelJohnFX]

Dax into the open...should get some decent recoil...again no hard science, just areas to mark / play off to increase chances of success.

Last signal was pretty bearish.
Massive horizontal res @ 10096 area - red
9970 horizontal res too
9860 was horizontal support
9730 horizontal support - pink
9340 - trend support on the weekly

China news on Wed, yes...but we also have PMI figures (these numbers are expected to be worse than the previous month) and Draghi speaking @ 13:00. When the PMI numbers are good, I've observed over the past few months, the market has most of the time - rallied until 14:00 where it has then turned back - we have GDP US figures on Friday too.

Weekly area of 9340 got kinda hit - 9360 close enough. Triangle formation - delcining wedge completed. Not a massive Elliot guy, but today's movement looks like wave 5. Swing long imho from here.Possibly a 500-1000 point rally from that level...

 

[Dentalfloss]

1916 popped
excellent bullish movement

 

[Dentalfloss]

decent dump from 1925 area

 

[Dentalfloss]

Spx pumping nicely from our 1910 area
1935 hit
Tightened stops... in res

 

[Moneylender]

Morning all, no one trading on Fridays?

 

[Dentalfloss]

Plenty of pumping.....nice and easy goin ...doin it all whilst out and about..dax is the only one that has tradeable pullbacks..imho..possible 4 p/b
spx has had one only

decent uptrends on dax and spx all morning

 

[Dentalfloss]

US session should be interesting
will that uptrend get sold off ??
spx needs to hold 1935 area as supp if it gets sold off
lets see what happens

 

[2be]

US session should be interesting
will that uptrend get sold off ??
spx needs to hold 1935 area as supp if it gets sold off
lets see what happens

sell off during the US session very possible, and a kind of retest of the lows might be on cards before the expected move up

 

[DaxSlut]

But 1950 is holding... Could be a straight up rally from here.

DAX is looking like it wants 10k .... crazy day.

Let's see what happens over the next 15 minutes. If we sell and retake 1950 I'm buying

 

[Dentalfloss]

But 1950 is holding... Could be a straight up rally from here.

DAX is looking like it wants 10k .... crazy day.

Let's see what happens over the next 15 minutes. If we sell and retake 1950 I'm buying

Bears rinsed today

 

[Local1]

Bears rinsed today

i think its the bears actually covering shorts!

i sold euro/bund instead of buying dax

Sell off yday reversed nicely. dax level at 9780/90 before 10K.

spx for me needs take out 1980 area comfortably to make serious move to 2030/45, otherwise its down again to lows and beyond.

 

[MichaelJohnFX]

Economic Calendar for the week aheadView attachment Economic Calendar WC27092015.xls

 

[Dentalfloss]

bulls need to defend the 1900-1907 area...if they dont it turns chart inputs very bearish
an activated downside vertical count on that bullish recoil
it is also a horizontal support/1900 area
lets see what happens

1923-1932 intermed supp before 1900-1907 area

 

[Dentalfloss]

Economic Calendar for the week aheadView attachment 200890

nfp ?? Friday