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

[madoff]

possible 78.6% fib retracement on DAX ... ?

 

[wallstreet1928]

something i've noticed rooting around the small caps is barclays buying absolutely anything and everything they can get their bloody hands on.

interesting

Barclays also said the rally is going to be fueled by commodities

 

[dr.blix]

interesting

Barclays also said the rally is going to be fueled by commodities

yeah it's miners i see them buying, and engineering.

but then again that's all i'm mainly looking at myself.

something i heard on my brokers forum is that barclays is setting up a department whose sole purpose is to buy small cap miners who have future potential of being bought out by larger competitors.

 

[london_lad]

Exited long from 4938 at 4995 (based on limit target order). 57 points - sweet!

 

[kaciara]

interesting

Barclays also said the rally is going to be fueled by commodities

gold $1000
and no bounced back yet

 

[wallstreet1928]

FTSE - bias on downside

Wednesday = stop loss hunting day

next target 4900 prev support - resistance - 4890 gap fill level

strategy for Wednesday

4930 key level

> 4930 ......... long to 4960 - 4980

< 4930 ......... short to 4900 - 4890 if they go stop loss hunting

I will certainly be a buyer @ 4890 level ............target 5000

FTSE target hit .......out at 4886!!

S&P futures struggling to get past yesterdays high which is concerning, we could have a gap down like yesterday, and I am also concerned about Nasdaq not pushing higher.....see my chart from this morning!!


nice move on EURO too .........

I hope everybody else had a good day today

 

[SuddenDeath]

FTSE cash may cross 5000 4998.61high

 

[wallstreet1928]

I shall take this opportunity to short barclays


365 ..stop loss 385

target 345 - 335

 

[wallstreet1928]

anybody else have 1.48 on near term target for EURO or am I getting too excited

 

[wallstreet1928]

I may short this market now as BP , BARC, BHP, MKS all looking exhausted ..............


I shall wait too see if we form an intraday top @ 4998

 

[wallstreet1928]

gold

waiting for a break above the trendline

4th ........time!!

 

[Geofract]

anybody else have 1.48 on near term target for EURO or am I getting too excited

1.4635 ish looks like a good next target - don't know if we will get there today though.

Next possible target 1.4720 - high of 18th December.

Just my 2p though.

 

[london_lad]

long @ 5000

 

[wallstreet1928]

BP triple top

or could we go to near term target of 560

 

[dr.blix]

5000! woohoo, where's the fireworks?! :cheesy:

 

[kaisen]

1.4635 ish looks like a good next target - don't know if we will get there today though.

Next possible target 1.4720 - high of 18th December.

Just my 2p though.

I concur :cheesy:

 

[Geofract]

I concur :cheesy:

LOL!

How's the trading going kaisen?

 

[wallstreet1928]

double bottom oil proved to be true

I will be buying on pull back next target $73 region

my only concern is 61.8% retrace = $72

so stops = break even as soon as it gets to that area folks

closed and taken profit @ $71.9

$72 having an impact

I thought we would have rallied to $73 on this equity bonanza

but its running out of steam and i'm getting off the train

I am now going to open up a short on FTSE

 

[kaisen]

LOL!

How's the trading going kaisen?

Interesting!?!

Been looking at various things. I´ll skype you over the next couple of days.

First weeek back at school for the boys. Quite manic

 

[Manya1983]

Aye Aye All.

Lets see a sustained break of 5,000 before opening the bubbly, doesn't seem to have hit it with any conviction.

Also look out for cable failing to breach 1600. EUR/JPY has already shot lower so could maybe acting as a precursor (sp/right word even??)