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

[wallstreet1928]

SP500 will hit 1100 and then fail ................IF

Euro fails to get up to 1.5

SP500 will rally past 1100 along with all other markets IF

Euro gets past 1.5

we should not remain fixated on the market moving one way only...allow the variables in teh market to tell you

 

[wallstreet1928]

this is the chart I posted on Benzinga for all to follow this morning folks, the trend lines and S/R levels holding perfectly

FTSE is the weakest of all the indices ...........

DAX is more stronger ...................

if you want to go short - FTSE
If you want to go long - DAX

 

[wallstreet1928]

Eur/usd is being a very good boy this morning

you can make 20 points each time .........

use 2 day 15 min chart and

short top......and go long from bottom

 

[wallstreet1928]

CROSSROADS



This is very very interesting folks, and this holds the key

SP500 big gap ................... 1093.3 - 1105.8

will the market fill this gap and trade higher ??????????

 

[SuddenDeath]

good morning everyone, GE i think just reported

 

[wallstreet1928]

FTSE looking weak on my chart Folks................anybody else with the same view

not much reaction to Google earnings

Dollar looks to have firmed overnight , especially USD/JPY....always gives early signs of dollar strength

The weakness is now over ....benefit taken from weakness

now i am taking benefit from strength

I am long FTSE 5227 ...stop loss 5197

target 5257

 

[Manya1983]

European export numbers drop.

Euro weakness and FTSE dropping as a result.

 

[SuddenDeath]

how was GE earnings ?, dow down 90 I am guessing not good

 

[Da.DesiTrader]

FTSE Long at 5199, SL at 5174, Target = 5250

 

[Da.DesiTrader]

FTSE Long at 5199, SL at 5174, Target = 5250

Stop loss amended to breakeven. Initial risk of 20ish points taken for 9 mins only. Risk free trade - true desi kung-fu ishtyle. Observe the master and follow. all thanks to WS.

 

[wallstreet1928]

The weakness is now over ....benefit taken from weakness

now i am taking benefit from strength

I am long FTSE 5227 ...stop loss 5197

target 5257

stop loss hit

 

[Da.DesiTrader]

Stop loss amended to breakeven. Initial risk of 20ish points taken for 9 mins only. Risk free trade - true desi kung-fu ishtyle. Observe the master and follow. all thanks to WS.

Stop loss hit at breakeven. Oh Nevermind. Looking to buy at 5209 now. (break of 5207)

 

[SuperDriveGuy]

No one knows for sure mate. What I have observed about indices with reference to currencies so far is this.

USD strength in general is bad for indices in at least UK and US.
EUR strength relatively is good for indices.
GBP strength keeps cap on FTSE to some extent.

Example of GBP strength today. Yesterday FTSE was hovering around 5240 region while Dow was below 10K. Today Dow was hovering around 10K (but above 10K) and FTSE slid back to the 5240 spot. Conclusion: FTSE was lagging (perhaps because sterling gained strength against most if not all major currencies). I am a newbie as well mate, just my observations.

Thanks Desi

 

[Da.DesiTrader]

FTSE Long again at 5190 with Stop loss at 5170 (20 points risk) - target 5250.

Reason, Candle on 15M.

 

[Da.DesiTrader]

FTSE Long again at 5190 with Stop loss at 5170 (20 points risk) - target 5250.

Reason, Candle on 15M.

Exited with 2 point profit. dont like the slow action.

 

[Da.DesiTrader]

does anyone know how to get your nick changed?

I am contemplating DesiDisastaTrader

 

[minch]

Quick heads up on a level on Eur/Gbp fella's,
Put up a Daily chart and have a look at 0.9080,
This has been a strong level all yr for a price reaction,
Could see a bounce if price gets there.

 

[fast trader7]

does anyone know how to get your nick changed?

I am contemplating DesiDisastaTrader

Hello mate,
you have to mail trade2win and ask them to change to whatever you fancy
i did that sometime back

 

[Da.DesiTrader]

Ok I am now Long at 5203 with a wider stop loss at 5150. 5200 is now acting as support in my view. Target 5300.

 

[Trader1UK]

Damn a quick 50 points more or less,, went long euro, snp, gold, oil at around 1,30 bagged and closed just around 2 pm-ish .... another quick day