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

[SuddenDeath]

At the annul general meeting in London, Mr Sutherland tried to reassure investors concerned about a future cut in the company's dividend. He said the company will continue pay-outs and maintain investment to ensure future growth.
However, Mr Sutherland also said that, with oil prices below $60 a barrel, it didn't generate enough cash to pay dividends and invest for growth. The company plans to freeze its dividend this year and borrow money to make the payment until market conditions improve.

http://www.telegraph.co.uk/finance/...eholders-revolt-against-director-bonuses.html

 

[wallstreet1928]

I am short again on FTSE @ 4000 , stop loss 4030



reason

FTSE chart updated from 9.11am

 

[candles]

Would like to see 844 on the ES for possible short entry.

 

[bw81]

I think we are waiting for some big companies to report soon

I have been short ever since the light blue trend line broke on my chart , post no 1947, 9.11 am ...target 3970

InTheMoneyStocks - Economic and Earning Alerts

yes i was playing with TESCO yesterday, i got in at 332 and sold this morning at 347 for a nice profit this gap up was on the back of there positive report this morning.

 

[wallstreet1928]

yes i was playing with TESCO yesterday, i got in at 332 and sold this morning at 347 for a nice profit this gap up was on the back of there positive report this morning.

nice trade

 

[wallstreet1928]

Would like to see 844 on the ES for possible short entry.

S&P

light blue horizontal line ..key areas on 1 hr , 1 month chart

downside target for today would be 828 - 825

upside target 846 - 850

It will be interesting to see how the FTSE reacts .............will it close above 4000!!

 

[rezadamus]

I have shorted the FTSE at 3984.5- 25 point stop

 

[rezadamus]

I have shorted the FTSE at 3984.5- 25 point stop

That was a very bad trade- NOT in line with my trading signals, I am tightening the stop...

 

[wallstreet1928]

I am short again on FTSE @ 4000 , stop loss 4030



reason

FTSE chart updated from 9.11am

closed trade for another 25 points profit

3970 level................hmmmm!!

best to sit on sidelines for now

 

[rezadamus]

That was a very bad trade- NOT in line with my trading signals, I am tightening the stop...

Ok- there was a sell signal at the end but I have closed it now at 3967.8 for 16.7 point profit...turned out ok in the end, but don't like to open until I am 100% satisfied.
I'll probably continue to short throughout the day...

 

[rezadamus]

I will short the US light Crude Oil Jun 09 contract at 4737...maybe a bit premature but lets see what happens

 

[rezadamus]

just sold ftse at 3958.3

 

[Dentalfloss]

francis. i went back to youre blog spot this morning.i did understand it better.i am still confused at which are the important trendlines.please let me know..thanks
also which are the important s/r zones.

 

[rezadamus]

I will short the US light Crude Oil Jun 09 contract at 4737...maybe a bit premature but lets see what happens

I have close this oil position for now...I may reopen when the sell signal is a bit clearer, made a small loss but just saved myself from potential catastrophe!

 

[candles]

long ES 829 - 2 point stop

 

[rezadamus]

just sold ftse at 3958.3

I have closed this trade at 3936.8...a 21.5 point profit

 

[rezadamus]

oil is dropping, just like i thought!

 

[dr.blix]

lol, i opened a SB short on the SPX at 839...i ditched it at 838 and went out...WHAT A GONK!

slight bullish oscillator divergence on the SPX and FTSE right now, not sure how much that's going to effect the down T though...i had strong historical price support at 3940.

 

[bennie83]

is this a blip in current rally or something more serious? Continuation of bear Market?

 

[RennieAMR]

Would like to see 844 on the ES for possible short entry.

838 is today's cash pivot on the ES. Interesting that it was respected this morning. I'd be inclined to go long on a break of 838. Otherwise my bias is short despite the fact that the channel that has been there for a few weeks is still intact.

Best of luck to all.