Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[wallstreet1928]

long triggered

long 899 ..stop loss 896 .....

120 points profit

OK that was a mega move up yesterday chaps

I checked the market on my iphone at the cricket nets and couldn't believe the power of the reversal.

moral of the story = always open up a position before going cricket practise...haha!!

I am neutral today

congestion zone building on FTSE between 4400 - 4450.........It could go either way, it all depends on crude oil today?

 

[Dentalfloss]

no real direction.could be a squeeze forming

 

[wallstreet1928]

very busy day on the data front

InTheMoneyStocks - Economic and Earning Alerts

 

[LeoE]

I got stopped out overnight from my short position at 4423. Sl was at 4460 but market only got to 4457 from my charts. I guess the spread widened overnight

 

[wallstreet1928]

I am long FTSE 4418 ..........stop loss 4388

gap fill

market should shake off bad data from ING

 

[SuddenDeath]

good morning everyone

 

[wallstreet1928]

I am long FTSE 4418 ..........stop loss 4388

gap fill

market should shake off bad data from ING

closed position 2 points profit............boring !!

it just won't move even though DAX has risen

banks under pressure

miners under pressure due to chinalco news for RIO

oil/gas sector still strong

pharmacuetical sector really strong

 

[dr.blix]

if the drug companies (defensive stock) are strong, could that be taken as nervous sentiment?

we've been moving sideways for a few days now.

 

[LeoE]

Starting to fall away now, broken through support at 4385ish. I'm not in at the moment as I was stopped out overnight, so was reluctant to get back in earlier. Sods law.

 

[wallstreet1928]

timberrrrrr..............

4400 ............breached!!

my only concern with this formula is DAX.........it is very strong !!! 4823 may be ou tof the question!!

hmmmmmmmmmm....need to rethink!!

S&P headed to 908 gap fill!!

need to re-think!!

Armageddon has arrived .............

I woudln't even attempt buying on an oversold bounce

I have closed my shorts and I am going to have my afternoon siesta, please do not disturb...huh hum!!

 

[dr.blix]

how much am i kicking myself for not opening a short at 4025 'because i might have missed the boat' at 4036...

congrats to anyone in a short from early on this morning!

i'm consoling myself with the hope that this is the downturn i've been hoping for (i'm hoping for 3900) so i can start buying equities again

 

[dr.blix]

plus it's one way of double checking your S & R levels

 

[wallstreet1928]

I awake from my slumber........

Armageddon..........has really unleashed its fury!!

S&P below 900 ...............as expected!!

I would have left my positions open but I have hit my daily target

 

[wallstreet1928]

I think I will now try to find some really beaten down stocks........

when FTSE hits 4315 gap fill, i will attempt it then

Anglo american looks like a nice buy?

i will put a buy order @ 1450

 

[SuddenDeath]

Dow futures showing minus 130

What sort of retracement will we get of the 3470-4521 move? 38.2% (4115) or 50% (3990)

 

[wallstreet1928]

I am now long DAX 4726 ...stop loss 4700

200 MA...........1 month, 1 hr ........I always respect it!!

 

[Dentalfloss]

the 30 year bills are starting to look more attractive than equities.the current yield showing 4.15%.however,there is a target yield from this chart of 5.7%.this should make these more attractive than equities for investors

 

[wallstreet1928]

I am now long DAX 4726 ...stop loss 4700

200 MA...........1 month, 1 hr ........I always respect it!!

closed for 5 points.........

just remembered I have hit my daily target............naughty , naughty!!

over trading = greed = 7 deadly sins

I will post analysis for a little while before watching the IPL cricket match

 

[wallstreet1928]

Starting to fall away now, broken through support at 4385ish. I'm not in at the moment as I was stopped out overnight, so was reluctant to get back in earlier. Sods law.

I know how you feel my friend, I am guilty of it everyday and that's when my trades fail. But it has to become robotic/mechanical ........and that is when i hit my targets and make my profits!!

We are human and we make mistakes as its our innate nature but we can minimise those mistakes and that's when you will start to see the profits.

Do not impose your opinion on your analysis, let your analysis impose its opinion on you!!

Then trade and watch your results get better my friend

 

[wallstreet1928]

If I were trading today

I would short glaxosmithkline, stop loss 1100

i would go long on Easyjet, stop loss 240

I would short Tesco , stop loss 260