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

[rezadamus]

the FTSE is melting today...

 

[rezadamus]

the FTSE is melting today...

Sorry to state the obvious...I'm just amazed at the sheer magnitude of the drop

 

[rezadamus]

please can someone tell me how to upload images here?

 

[bw81]

Sorry to state the obvious...I'm just amazed at the sheer magnitude of the drop

the DOW Jones is worse, it gapped down by at least 128 points then carried on nose diving a further 100 points its currently trading 214 points down.

 

[bw81]

please can someone tell me how to upload images here?

its best to click on the advanced post button then there is a paper clip in the tool bar that allows you to upload a jpg image with your post.

 

[rezadamus]

Im expecting a bounce now- else I will short (probably)...the fact that the lower channel has been pierced is a bit annoying which increases the likelihood of a further drop.

 

[rezadamus]

its best to click on the advanced post button then there is a paper clip in the tool bar that allows you to upload a jpg image with your post.

Thanks vm!

 

[rezadamus]

short ftse again at 3964.8 and 25 point stop

 

[dr.blix]

i've been looking at the 1938 dow again. if the elliot wave theory holds a parallel, then i'm gonna predict a retracement to 3800 next month, followed by a new high in june/july. this is just for fun btw! i haven't got a clue about trading

lol...it's happening!

 

[rezadamus]

short ftse again at 3964.8 and 25 point stop

Doh- stopped out...traded AGAINST what I thought...lol

 

[rezadamus]

sold FTSE at 3886.5- 25 points stop..

 

[dawntrader1]

small recovery on the horizons????

 

[SuddenDeath]

the Dax seems much more volatile than the FTSE, it fell 190 while ftse fell 101

 

[rezadamus]

sold FTSE at 3886.5- 25 points stop..

closed at 3974.4 im done for the day

 

[bennie83]

small recovery on the horizons????

I can't see any signs at the moment personally

 

[francisfinley]

how did everyone get on today? reza! you must have posted 70 posts dude!!

wheres wallstreet lurking?

 

[Dentalfloss]

s500 at an intermed support area.question is .does it rally or capitulate.?

 

[Dentalfloss]

francis finley..
i went to youre blogspot.it looks really great.
however,i cannot understand the charts you put on
i am a simple guy.it looks too complicated for me.
can you give a simple explanation of the stuff on youre blogspot...thanks

 

[bw81]

how did everyone get on today? reza! you must have posted 70 posts dude!!

wheres wallstreet lurking?

Francis, brilliant blog! nice work well done.

 

[Dentalfloss]

overnight..australia down 2.42%..nikkei down 2%.hongkong 3.7%
nikkei fell in early trade 4%.so support must have come in before the closed
rio down 5% in aus overnight