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

[wallstreet1928]

analysis of market leading stocks

Barclays - bearish ....failed double top @ 366 .....support @ 354, 350 , 337

Anglo American - bullish ....uptrend still intact...higher highs,higher lows..fall below 1900 and I will become bearish


BP -neutral posture.... range bound between 500 - 520.......just keep playing that range as a day trader

Marks and sparks - bearish...bear flag scenario ...I will look to short this stock on any rise ...target 326

 

[wallstreet1928]

us oil ...............

key level $67.15...gap fill support

Euro recovered late friday so i expect to buy oil with target of $68 and $68.8

stop loss $67

Japan GDP could cause it to go either way so I will wait for confirmation post data

 

[wallstreet1928]

the asian session will give an early signal

can Nikkei break through 10, 600

 

[SuperScalper]

it seems it gave a good signal

 

[Dentalfloss]

Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,402.80 6:00am -62.30 (-1.40%) Chart, Components, more...
^BSESN BSE 30 (India) 15,032.88 6:11am -378.75 (-2.46%) Chart, more...
^HSI Hang Seng (Hong Kong) 20,340.85 6:05am -552.48 (-2.64%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,386.86 14 Aug -9.62 (-0.40%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,188.57 14 Aug 2.38 (+0.20%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,086.08 5:31am -65.17 (-2.07%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 10,287.90 6:00am -309.43 (-2.92%) Chart, more...
^NSEI S&P CNX NIFTY (India) 4,468.75 6:21am -111.30 (-2.43%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,547.06 6:01am -44.35 (-2.79%) Chart, Components, more...
000001.SS Shanghai Composite (China) 2,890.39 6:05am -156.58 (-5.14%) Chart, Components, more...
^STI Strait Times (Singapore) 2,571.29 6:20am -42.89 (-1.64%) Chart, Components, m

 

[Dentalfloss]

rio down 5% and billiton down 3% overnight in australia

 

[Dentalfloss]

gni touch daily newsletter saying the ftse should open down 10 points !!!

 

[bottomleyp]

Technical Question

Morning Gents, looks like a possible selloff today.
Question on Pivot points.
I know there has been questions before, but I have applied the following to obtain pivot points with IG Real time charts and compared the result with another web site and the values differ.
The settings are:
Select Display Intraday Charts from 08.00 to 16.30 and Set Time Zone GMT.
This displays Pivot =6723, R1 = 4735, R2 = 4743, S1 = 4714, S2 = 4702.
Are these correct, if not what settings should I use when using a 10 min timeframe ?

 

[SuddenDeath]

good morning everyone.

 

[Dentalfloss]

4665 support seems to be coming in

 

[SuddenDeath]

1.30 today US empire manufacturing index, should be a big market mover.

 

[Trader143]

Dow future is down almost 150 point i think its good long for quick 10 to 15 point for next couple hour trade

 

[london_lad]

So any of you going long?

 

[london_lad]

Been trying MACD convergence strat on 10 min chart. Short all times, it worked twice and failed once. Still +ve in bank.

 

[Dentalfloss]

no signal on p/f charts as yet to go long

 

[Dentalfloss]

a new short signal on the daily.however,could be a bear trap
indecision at this point in time from this chart

 

[Geofract]

I nicked this link from the neighbours. Dollar rally coming according to this guy.

Dollar's Hit a "Major Bottom" Prechter Says Why That's Not Such Good News: Tech Ticker, Yahoo! Finance

 

[Dentalfloss]

a closer look shows that we are still in the main support zone

 

[london_lad]

long @ 4625, stop loss 4590

 

[london_lad]

Market is very tightly rangebound. It has lost a lot of pips today since open. My guess is that it will reel back to average daily range.