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

[wallstreet1928]

Hmmm...............OK shorts have been closed break even when they were looking so nice

thats the market Folks ......

nice pop in eur/usd and gbp/usd but

USD/JPY still weak

outside bar on FSTE

OK now amend shorts to break even again on DAX and FTSE

if it fails this time .............then I will not short again

EUR/USD is spoiling the party

i have chosen formation over variables
FTSE coming to 200 MA.....

 

[SabreTT]

Building Permits
housing Starts

were weak in US

housebuilders bdev and rdw
big falls yesterday
any reason..??

BDEV & RDW,New RI shares issued yesterday,they fell roughly inline.
Think LAD & BBY do the same on Friday

I would have thought the shareprice falls when the rights ratio is announced rather then the new shares traded but Im not aware of the details

 

[wallstreet1928]

I mentioned 1.4960 on EUR/USD yesterday as strong support when Blixey was trading EURO

support now = resistance

hence oil failing to trade above 79

 

[wallstreet1928]

outside bar on FSTE

OK now amend shorts to break even again on DAX and FTSE

if it fails this time .............then I will not short again

EUR/USD is spoiling the party

i have chosen formation over variables
FTSE coming to 200 MA.....

Timberrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.....

down she comes chaps ........

down she comes

 

[Chelski]

did you get those pips chelski

I have become obese on pips

Sadly no, going out soon so wasn't planning to trade today. Nice move, smashed past yesterdays high. Did you enter after the pivot? Strong support below at 16391 would have given you an overdose on pips!!!

 

[wallstreet1928]

outside bar on FSTE

OK now amend shorts to break even again on DAX and FTSE

if it fails this time .............then I will not short again

EUR/USD is spoiling the party

i have chosen formation over variables
FTSE coming to 200 MA.....

closed DAX + 38 points

closed FTSE + 18 points

happy trading to all

 

[wallstreet1928]

Sadly no, going out soon so wasn't planning to trade today. Nice move, smashed past yesterdays high. Did you enter after the pivot? Strong support below at 16391 would have given you an overdose on pips!!!

I entered and left it overnight my friend with a wide stop as I made a lot of profit yesterday so i could afford to

 

[wallstreet1928]

watch 5240 key level

if we break that it doesnt look good

 

[Chelski]

Cable in possible channel on 1H. Perhaps a push higher before BofE at 9:30 and then down?

 

[Chelski]

I entered and left it overnight my friend with a wide stop as I made a lot of profit yesterday so i could afford to

Did you go long shortly after we made the swing low for the day?
BTW also have 5240/1 as support on FTSE, 3rd attempt, will she hold or blow?
Below that could go as far as 5190 / 80

 

[wallstreet1928]

be careful with buy orders this morning folks

my analysis states there is high probability we could roll over in US and Europe

especially after double top on DAX yesterday- market leader and FTSE has put in a lower high over the last 2 days

If I had any long positions then i would certainly look to take profiit on them

I will look to open up shorts on DAX and FTSE

Timberrrrrrrrrrrrrrrrrrrrrr......................


I hope everybody made profit this morning

 

[wallstreet1928]

I will be looking to buy the FSTE @ 5225

 

[TomTom]

Good morning all Loged on this morning and saw that you guys were calling a sudden decline.
The USA was lower and we are in the frame for this.
With out any further notice I done this.

LIFFE. FTSE 100 (NEW STYLE) INDEX (Z) DEC09
Sell 20 at 5221.0 Limit

Just closed out for +20

LIFFE. FTSE 100 (NEW STYLE) INDEX (Z) DEC09
Buy 20 at 5201 Limit

That me done for the day , of to the gym and to chill out.
Taken the profits for this week out and calling it a week now will attempt to get the Xmas shopping out of the way.

May I point tsomething out today , we have Biege book later today, watch this market move when it comes out !

My round Wallstreet LOL

P.S. Any one with expieance with webinars could you please PM me ?

 

[wallstreet1928]

I have updated Benzinga with the important levels to watch and a chart with trend lines to watch out for

http://www.benzinga.com/users/wallstreet1928

 

[Nasdiq]

FTSE bounced off channel wall..... seems pretty obedient so far......

 

[wallstreet1928]

Good morning TomTom.......

you just can't keep away hey? haha

now you owe me a breakfast, a lunch and a drink...it will be a holiday next? haha

 

[wallstreet1928]

FTSE bounced off channel wall..... seems pretty obedient so far......

nice chart

 

[Da.DesiTrader]

Long FTSE @ 5230, Stop loss at 5280

 

[wallstreet1928]

I'm calling it a day for now folks

I have more than hit my daily target on oil, euro, cable, ftse and dax

I will be back in the evening

happy trading folks

 

[pentlow1]

Long FTSE @ 5230, Stop loss at 5280

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