This is soooooo boring, we havn't had a move since 10am. Is everyone waiting for the payroll numbers? Im still long the DAX from 5268, moved my SL to 5284. FTSE hanging onto 4600, and the DAX hanging onto 5300, just! Tempted to hang on as the US futures are looking for a strong day, but this will depend on the numbers.
Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
- Thread starter wallstreet1928
- Start date
- Watchers 252
- Status
Very nice trade Geo, I enjoyed watching you play this all morning, from your ballsy re-entry after taking the initial hit, you were also spot on with 156.60 as a level of support on the pullback from 157.00. Well done mate.
Geofract
Experienced member
- Messages
- 1,483
- Likes
- 112
Thank you Squire
My trading is definately improving, so I'm happy Good to see you around again Minch!
Geofract
Experienced member
- Messages
- 1,483
- Likes
- 112
It's possible that £Y might be off up again soon-ish. I'm looking for bias change to long on 2min TF, then small retrace for entry - it's not there yet, but might be in the next half hour or so. Theoretical buying price would be 156.80 ish, but bias change has to be confirmed first! - this could all be tosh though!
london_lad
Established member
- Messages
- 675
- Likes
- 1
Exxon comes well below. Hurray
Geofract
Experienced member
- Messages
- 1,483
- Likes
- 112
It's possible that £Y might be off up again soon-ish. I'm looking for bias change to long on 2min TF, then small retrace for entry - it's not there yet, but might be in the next half hour or so. Theoretical buying price would be 156.80 ish, but bias change has to be confirmed first! - this could all be tosh though!
Ok, that happened quicker than expected! So, bias confirmed. Looking for long entry at 156.85 ish now.
SP500 daily has taken out Mon high so we are definitely on the way up again.
Will stay long FTSE moved limit to 4627 which is 1.61 ext of yesterday (see chart)
FTSE bounced of 4610 as I expected, no doubt a bit down on the US open (they will try to do a gap fill) but then up again.
Normally speaking we should be up for today and tomorrow so lets see what happens
Will stay long FTSE moved limit to 4627 which is 1.61 ext of yesterday (see chart)
FTSE bounced of 4610 as I expected, no doubt a bit down on the US open (they will try to do a gap fill) but then up again.
Normally speaking we should be up for today and tomorrow so lets see what happens
Geofract
Experienced member
- Messages
- 1,483
- Likes
- 112
That entry didn't quite happen - long gone now I think. Upper target for the day is 157.60 for anyone who is still in and likes fib extensions.
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
1.30 US data just came out
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
anyone here ?
Death in June
Junior member
- Messages
- 49
- Likes
- 0
Well Done Papak!
I should have taken your advice then I would have been smiling... any other thoughts...I will be taking notes this time :cheesy:
DiJ
london_lad
Established member
- Messages
- 675
- Likes
- 1
what US data?
fast trader7
Well-known member
- Messages
- 273
- Likes
- 3
Us weekly unemployment data. Not bad, so the market went up as usual!!
Im still sitting on my DAX long, up about 50 points. Any views whether i should close out, or do you think this market has more room to go up. For once the DAX is lagging a bit behind the FTSE in terms of points rise. Usually it goes up further! Any thoughts/advice would be very welcome.
kaisen
Established member
- Messages
- 631
- Likes
- 11
Hey Papak,
I see where you have measured on your first fib level, but where is your high point taken from on the second fib calculation?
Thanks
Thank you Squire
Good to see you around again Minch!
You had no qualms risking multiple losses to get the right entry - one of those things they say about em good traders, nice one
Im still long, up about 100 points. Moved my SL to 20 points behind the current level. The DAX finally woke up and is now trading above the FTSE in points up. It was 15 behind and is now 25 ahead. I think I will stick to trading the DAX as you seeem to get more volatility than the FTSE. Any advice as to what I do now. Im tempted to keep a fairly tight stop and let it ride. Would that be sensible?
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
almost one hour no one has posted in this thread,
london_lad
Established member
- Messages
- 675
- Likes
- 1
I am tempted to go short at 4635 to breakeven with my previous short at 4588. Currently very much in Red
- Status
Similar threads
