wallstreet1928
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stop loss hit
bad trade
looks like its trying to close the gap
i must stick to trading plan
Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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stop loss hit
bad trade
looks like its trying to close the gap
i must stick to trading plan
Dentalfloss
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Dentalfloss
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wallstreet1928
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my analysis states no more up trend ..............
I had bad timing on my previous trade i shoud have waited till 3840 .....
this market is going down
I am off to a meeting in the office today
I made 50% of my daily target last night and I am - 10 points for today
I will be back in the afternoon
the only reason why this market rallied is because of retail (i was suprised it got past 3840 to be honest)
happy trading
Chelski
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i agree, i see resistance at 3860 or so and we bounced off that line, when i saw your stop ithought you also saw resistance in the same area. if we were right all the time it would be so dull!
Dentalfloss
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wallstreet...could be.too early to call as yet
price has not breached the uptrend line.although the last signal was bearish.
3750 is a strong support.it held during some bad news.
price is getting into an even tighter range on this chart
i would not like to call this one as yet
just my own opinion
price has not breached the uptrend line.although the last signal was bearish.
3750 is a strong support.it held during some bad news.
price is getting into an even tighter range on this chart
i would not like to call this one as yet
just my own opinion
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Chelski
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Dentist,
On my 1 hour the 200 MA is lurking around 3753 plus lots of support from previous days.
i also agree 3860 was a previous support area so its now resisting upward movement, but if it does get above it there will be 3880 to resist it as that was a very strong area on the up trend.
Dentalfloss
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dax chart is not so well defined as th ftse.a bit more erratic
chelski.3753 is a statistical number .ie 200 ma
my determination of support is
1.how many times it was hit and on what imeframe.ie daily is stronger
2.time ie how many days it held
3.how bad the news was to keep as a support
secondary factors are.trendlines vertical and horizontal counts.fibs.sometimes an ema or bollis
chelski.3753 is a statistical number .ie 200 ma
my determination of support is
1.how many times it was hit and on what imeframe.ie daily is stronger
2.time ie how many days it held
3.how bad the news was to keep as a support
secondary factors are.trendlines vertical and horizontal counts.fibs.sometimes an ema or bollis
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Dentalfloss
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looking for a break below 3870
Dentalfloss
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wallstreet1928
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Afternoon chaps
back from a meeting
i am short FTSE 3902 ...stop loss 3932
back from a meeting
i am short FTSE 3902 ...stop loss 3932
wallstreet1928
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if only I had adhered to YOUR plan I would be quids in
The FTSE is back into the upper trading channel as shown in my 10 minute chart between 3880 and 3950 and it also appears to holding to my medium term up trend channel lines.
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wallstreet1928
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taken 20 points profit on 2 contracts and amened last contract to break even
Wasn't a great entry - Am closing it here at 3873 for 13 points profit
wallstreet1928
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closed last contract for 30 points profit
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