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

[SuddenDeath]

US 10yr note falling sharply in yield, bearish for markets,

 

[masnachu]

£ getting hit

 

[h_a]

hard to find a position to go in today dont u think

 

[masnachu]

yep bit choppy , FTSE holding up ok'ish so far (see £/ $,Y) is Euro the tell for today ?

 

[Chelski]

Cable has a nice support level aroung 16580. Daily Chart gives a good Resistance becomes support line. (sorry dont know how to post IG Charts) divergence Buildinfg too on 15M chart. Poss entry long here.

That held well!

 

[masnachu]

Eur£ was struggling to break out and hold it's morning High (hence me thinking it might be a tell) , seems to be holding the break now , FTSE still holding its lows and running for now (see what it does with 710 area), so no tell there.

£$ , looking to see if 16600'ish becomes Res (morning supp broken)

£Y been weak all morning, now attempting to hold last low ?

 

[Chelski]

looks like decending triangle forming on 10M FTSE chart. although as i type it is above the trend line i drew

 

[masnachu]

know that feeling.

FTSE attempting to close the morning gap , looking for any rev signals up there (16.8 - 20.3 area)

£Y still holding , £$ looks weak ? (I'm more inclined to pay attention to £Y, I know that pair better)

 

[Chelski]

US 10yr note falling sharply in yield, bearish for markets,

SD,

Did you take the trade on the 13:40 signal? I stayed out as it has been so thin. Turns out a nice trade, 20+ points.

 

[london_lad]

Hello chaps, gap filled of fridays close on FTSE

 

[SuddenDeath]

sadly, Chelski I missed it was out in the garden, but I never...

SD,

Did you take the trade on the 13:40 signal? I stayed out as it has been so thin. Turns out a nice trade, 20+ points.

.... miss the bad signals.

 

[Chelski]

.... miss the bad signals.

I didn't like the lack of follow through. But it's a marathon not a sprint!!

 

[Dentalfloss]

nas 100 looking more bearish now

 

[Dentalfloss]

1 min data
1.5 box size by 3 reversal

 

[Dentalfloss]

here is the right chart

 

[Dentalfloss]

intraday ftse

 

[Dentalfloss]

chart is 1 min data points.2 weeks of data

 

[wallstreet1928]

yes Dentist my friend Nasdaq weak as expected .........

I have covered my short position and i am now contemplating a long, waiting for RIMM to form double bottom

I am impressed with the FTSE ..........

If i see a pullback in FTSE to 4595-4700 ....I will be a buyer

 

[wallstreet1928]

YouTube - Market Technical Analysis - Cracks In The Ice Continue...Light Volume Keeping Markets From Tanking

 

[wallstreet1928]

yes Dentist my friend Nasdaq weak as expected .........

I have covered my short position and i am now contemplating a long, waiting for RIMM to form double bottom

I am impressed with the FTSE ..........

If i see a pullback in FTSE to 4595-4700 ....I will be a buyer

I am long 4700 ...stop loss 4675

target 4725