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

[lapalabra]

I doubled up my short position at 4273. Now averaged at 4306. (still only small £/p though)
It could get interesting if this 1hr bar closes below 4260!

Why 4260 Leo?

 

[dr.blix]

short 4263 target 4253

bolox

i just opened a position without looking at my charts properly.

looks like a poss rise to 4275

 

[rezadamus]

short 4263 target 4253

I'd target 3300!

 

[rezadamus]

ive short ftse again at 4268

 

[wallstreet1928]

I am long FTSE 4260 ...stop loss 4240

target 4300

they are going try there hardest to push this market so it closes above 4300

amend stop to break even

lets see how far they push this little baby

Hedge funds just can't allow this to close below 4300 .........!!

 

[dr.blix]

short 4263 target 4253

bolox

i just opened a position without looking at my charts properly.

looks like a poss rise to 4275

i've just gifted the house 9 pts, and deservedly so.

 

[dr.blix]

at this rate i have 4279 as the deciding point.

 

[wallstreet1928]

I have gone log on Legal general as awesome risk return ratio

long 59.60

stop loss 58

target 66

amend stop to break even

 

[LeoE]

Why 4260 Leo?

Just because the support zone seems to be around 4260-70, so I figure a close below 4260 would be very bearish.
30 mins left of trading, we could see a brief retracement now, although I'm fairly certain we won't break above 4300 before the day is done, there seems to be a lot of downward pressure...

 

[dr.blix]

amend stop to break even

lets see how far they push this little baby

Hedge funds just can't allow this to close below 4300 .........!!

are you talking about buy orders propping up the markets WS?

 

[rezadamus]

im short at 4270 again...

my positions:

short 4270, 4281, 4268

 

[wallstreet1928]

are you talking about buy orders propping up the markets WS?

yes my friend

also Nasdaq holding up 1450 level beautifully...........!!

round of applause
:clap::clap::clap::clap::clap:

 

[jackolan]

long @4269.5

I eventually got out at 4270.3.... what a ride that was

I even hit the panic button at 4258 but worldspreads requoted me at 4255 and in the 4 seconds I have to confirm the price was moving back up.... anyway... closed out at better than break even... can't complain...

no matter how many times I remind myself that I'm always in early, I still always get in too early.

 

[rezadamus]

im short at 4270 again...

my positions:

short 4270, 4281, 4268

im short again at 4266

 

[dr.blix]

long 4270

 

[lapalabra]

amend stop to break even

lets see how far they push this little baby

Hedge funds just can't allow this to close below 4300 .........!!

My mate at a hedge fund tells me about this all the time....especially at market close

 

[jackolan]

I'm done for the day... increased my equity 10.8% today... 5 positive trades, one negative

This time next year Rodney, we'll be millionaires!

 

[rezadamus]

im short again at 4266

short again at 4276...i will hold all these shorts and hedged them with a 3 moth call

 

[lapalabra]

Just because the support zone seems to be around 4260-70, so I figure a close below 4260 would be very bearish.
30 mins left of trading, we could see a brief retracement now, although I'm fairly certain we won't break above 4300 before the day is done, there seems to be a lot of downward pressure...

OK, trying to widen my TFs to understand indications on 1H bars

 

[rezadamus]

I'm done for the day... increased my equity 10.8% today... 5 positive trades, one negative

This time next year Rodney, we'll be millionaires!

how long have you been trading for?