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

[Dentalfloss]

chart of the baltic dry index.as per the moneyweek article

 

[Dentalfloss]

some more charts for the baltic dry index

 

[Dentalfloss]

according to robert mchugh.the technical analyst,every market crash is precede by a hindenburg omen.he has not seen one for a few months
article explaining the hindenburg omen by robert mchugh..attachd

 

[francisfinley]

Whilst the indices have been relatively quiet have been trading forex, been quite interesting!!

have done some analysis and posted some chart patterns evolving. please take a look

Global Financial Market Analysis from Francis Finley

 

[wallstreet1928]

Good weather and I hope everyone is having a good weekend

We beat the Stockport Georgians, we bowled them out for 93 and knocked them off in no time.

Playing against Grappenhall tomorrow ...........

Weekend analysis time

any news from the G8 Dentist?

I took out a short @ 1.4 on EUR/USD on friday

 

[wallstreet1928]

I am turning quiet bearish on the Nasdaq

Failed level of 1510 twice along with break out of the channel although not closing out of it yet, EOD.

both 50 and 200 MA have converged and starting to point downwards ...........

Those that follow RSI.........will notice a particular trend line on there as well producing lower highs!!

Lets have a look at a few market leading stocks for the Nasdaq, notably Apple, google, intel, microsoft, cisco

All 1 month, 1 hr charts

Apple and google are looking weak showing signs of exhaustion

Cisco & Microsoft still looks bullish

Intel is neutral/bullish

I will follow these stocks closely to give me signs of any meltdown ...........

 

[Dentalfloss]

ws.nas.both compq and ndx the range has got tighter.admittedly,there are upside failures.no sign yet of real bearishness as yet
14 day candles

 

[dr.blix]

hope you all had a couple of good days trading chaps. beautiful weekend ey?!

i haven't looked at a chart for a few days so i'm going to check out the ftse daily and see what she's been upto

interesting article robin re the freight carriers...i'll bet you enjoyed reading that leo!

 

[Dentalfloss]

ws..compq adv/decline line
slope of the line has not turned down as yet
red is a 20 day ema.green is donchian channel

 

[LeoE]

hope you all had a couple of good days trading chaps. beautiful weekend ey?!

i haven't looked at a chart for a few days so i'm going to check out the ftse daily and see what she's been upto

interesting article robin re the freight carriers...i'll bet you enjoyed reading that leo!

I think this week could prove to be interesting...

 

[dr.blix]

just having a quick look at the FTSE dailies, as an uninformed, almost pointless, guesstimate, i think if we don't drop soon, we may go to 4673 first and then drop to 4150 over the next couple of months.

i read that if MA's are in positive territory, then a violent drop should have a greater probability of a decent recovery.

so although short and long MA's crossing into positive territory on may 4th looks good, it just doesn't seem feasible that we'll be riding a perfect linear line straight back up into happyville.

there's RSI divergence running from may 8th.

anyone know if it's possible for consolidation patterns to follow consecutively?

 

[dr.blix]

was wondering if there's something to be wary of if we start to drift upto 4512-20.

EDIT:

japanese news looks important 2moro morning. also US news early afternoon (TIC flows).

 

[mEmmerrr]

WS - what CFD broker do you use?

 

[Splitlink]

was wondering if there's something to be wary of if we start to drift upto 4512-20.

EDIT:

japanese news looks important 2moro morning. also US news early afternoon (TIC flows).

When the Japanese market closes you will know more. Whatever happens, you'll have to wait and, even then, you won't be able to do much about it because it will all be in the opening price. I can tell that you have the bit between your teeth. If I was in the UK, I'd be watching some cricket!

 

[dr.blix]

If I was in the UK, I'd be watching some cricket!

i feel rude posting this on WS's thread split, but, (whispering>) ...i don't like cricket!...

 

[francisfinley]

i feel rude posting this on WS's thread split, but, (whispering>) ...i don't like cricket!...

Get him WS!!

haha trading is similar to cricket and the analogy malcom pryor put in his book about staying at the crease really applies to trading so you do like a form of cricket!!

 

[Splitlink]

i feel rude posting this on WS's thread split, but, (whispering>) ...i don't like cricket!...

 

[wallstreet1928]

Lets start off with a round of applause to England ...............

:clap::clap::clap::clap::clap:

Well for knocking India out of the world cup...........!!

I'll let you off Dr Blix..........haha!!

I like the analogy of the cricket player Francis...........

We got beat by Grappenhall today , they had several ex lancashire county players ............
Heaton Mersey Cricket Club

 

[Splitlink]

Nothing like some cricket to wake this thread up on a Sunday evening!

 

[wallstreet1928]

Nothing like some cricket to wake this thread up on a Sunday evening!

England beating India .........

what affect will that have on the £?

will it increase consumer confidence? huh hum...........