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

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Data from the Commodity Futures Trading Commission on Friday showed currency speculators nearly doubled their bets against the dollar in the week ended July 21, with the value of dollar net short positions reaching its highest since mid-July 2008. [ID:nN24481747]
 
Cable rejected 1.6465 level, which = High of the day, top of right shoulder, and a double top.

On the hourly chart.

Amazing how currencies respect the levels.

I was looking to take a short here but bottled it.
 
Has anybody noticed the same thing happening (WS?)
This morning FTSE opens near yesterdays low then takes off and shoots up.
This afternoon SP500 opens near yesterdays los, then shoots up.
SP500 mirrors what FTSe did in the morning.
Seen this a few times now. Anybody any ideas on this?
 
Turning out to be perhaps another good trade on the SDS?

Entered Long, but stopped out break even, market to choppy to leave to chance.
Ironically, DAX gave the better trade biy went for FTSE.
20 pips from 14:40 Candle.
 
hey i know your cousins...Rocky Road and Dairy Lee...everyone says Rocky Road's quite sweet (but a bit half baked) and Dairy's a good DJ apparently (but he's a bit cheesy).

ftse short closed 15pts will re enter around 4580
wall st still running
 
Noticed support at 4560 a few times and also at 4556. Although 4556 touch at this point is a bit difficult. Just missed the chance, while on a conf call. It bounced just back from 4560.
 
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