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

[wallstreet1928]

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

FTSE 100

All potential suppott zones

200 MA highly possible on a flash crash

Black trend line is the key support zone and it must hold

currently a bear flag formation

BEARS are in full control

 

[wallstreet1928]

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

Nasdaq - 3 bar move down, 4th bar reversal expected on Monday due to double trend line support !!

This implies a positive day for FTSE 100 on Monday!! we shall asses the fundamental variables and react

 

[wallstreet1928]

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

Euro, Euro , Euro ..........Where Art Thou going? EUR/USD is out right bullish as the Yanks will be dropping the dollar hard in this recent sell off to save the market

right shoulder is no good, but we have a bullish MA cross over pending


Euro giving false signal


Euro strength = commod strength = market strength !!

BUT we have

Euro strength = commod weakness = market weakness !!

so this will result in 1 of 2 scenarios folks

1. Euro rally is fake due to Chinese/Japs supporting Debt auctions = artificially inflating the EURO when in reality = risk off and euro would collapse!! When an instrument is artificially inflated then risk in other instruments will not follow it as they are aware of the false strength in the instrument

2. EURO rally is indeed organic and justified on fundamentals , then risk on and the all the markets catch up to the EURO and rally ...........

I favour the 1st scenario for now, but as traders we must be willing to change our stance when the market signals its intent to us

As Day traders we don't care .........we are like surfers who just ride the wave !!

 

[wallstreet1928]

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

German Dax - Now this is one tough nut ...Bull trend intact similar to Nasdaq!! The most recent High could be the Head, we shall see

 

[wallstreet1928]

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

Dancing on the ceiling
Talk of America defaulting on its debt is just that

http://www.economist.com/node/17906039?story_id=17906039&fsrc=scn/tw/te/rss/pe

 

[jackypw]

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

Anyone is looking at gold?????
from my analysis, next ideal short position is between 1361-1368; and stop at around 1380.
Target: 1326/1293(key)/1260/1160/1070

 

[wallstreet1928]

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

Crude Slumps as OPEC may Raise Output

 

[wallstreet1928]

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

Anyone is looking at gold?????
from my analysis, next ideal short position is between 1361-1368; and stop at around 1380.
Target: 1326/1293(key)/1260/1160/1070

Fundamentally, personally I would never short gold as too strong. Gold can negate bearish TA set ups very easily in one move


But purely on a technical basis ...Gold = short to 200MA

 

[isatrader]

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

Anyone is looking at gold?????
from my analysis, next ideal short position is between 1361-1368; and stop at around 1380.
Target: 1326/1293(key)/1260/1160/1070

I read an article on it at the weekend that was interesting and contrary to the current negative outlook from most people. Here's the link: http://www.clivemaund.com/article.php?art_id=68

 

[wallstreet1928]

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

The best Chair to purchase ?

ergonomically speaking

which chair would everyone recommend to purchase ?

please provide links

thanks

 

[wallstreet1928]

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

I read an article on it at the weekend that was interesting and contrary to the current negative outlook from most people. Here's the link: http://www.clivemaund.com/article.php?art_id=68

very good analysis

thanks for the link

 

[jimmc]

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

The best Chair to purchase ?

ergonomically speaking

which chair would everyone recommend to purchase ?

please provide links

thanks

Our procurement manager has a bad back and consequently a very good chair (assuming you're talking about the office). I'll find out for you tomorrow. I know it was expensive, but he should know what he's buying!

 

[wallstreet1928]

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

Our procurement manager has a bad back and consequently a very good chair (assuming you're talking about the office). I'll find out for you tomorrow. I know it was expensive, but he should know what he's buying!

thank you

 

[wallstreet1928]

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

Euro, Euro , Euro ..........Where Art Thou going? EUR/USD is out right bullish as the Yanks will be dropping the dollar hard in this recent sell off to save the market

right shoulder is no good, but we have a bullish MA cross over pending


Euro giving false signal


Euro strength = commod strength = market strength !!

BUT we have

Euro strength = commod weakness = market weakness !!

so this will result in 1 of 2 scenarios folks

1. Euro rally is fake due to Chinese/Japs supporting Debt auctions = artificially inflating the EURO when in reality = risk off and euro would collapse!! When an instrument is artificially inflated then risk in other instruments will not follow it as they are aware of the false strength in the instrument

2. EURO rally is indeed organic and justified on fundamentals , then risk on and the all the markets catch up to the EURO and rally ...........

I favour the 1st scenario for now, but as traders we must be willing to change our stance when the market signals its intent to us

As Day traders we don't care .........we are like surfers who just ride the wave !!

The fact that the EURO rallied in the face of an Oil sell off

This confirms the theory for me that the EURO rally is nothing but a short squeeze, it is not organic and therefore it is doomed for failure

EURO = toilet paper

I will be shorting every pop from now on .........

 

[wallstreet1928]

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

FTSE 100 - Bear flag in play ..............Oil , copper , gold, silver weak . Only one way for the FTSE to go for me

 

[wallstreet1928]

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

FTSE 100 - Bear flag in play ..............Oil , copper , gold, silver weak . Only one way for the FTSE to go for me

like i stated only one way

All FTSE shorts closed with subscribers

a splendid start to the day!!

 

[sk1105]

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

Hell yeah.

 

[wallstreet1928]

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

Hell yeah.

haha

 

[wallstreet1928]

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

Happy birthday Dentist

 

[wallstreet1928]

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

A rough week for me so far

a lot of bias changes and whipsaws galore

only managed + 8 today for the whole day

i was caught by the fakeout > 5978