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

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Markets seem to be working in tandem.......

Oil, DAX and FTSE all at critical levels..........

$69.........4600 and FTSE 5000

Market seems overinflated, good time for a big fall !!

...........lets see............


good morning Mr Nasdiq
 
i am long cable 1.6505 ..stop loss 1.6475

target 1.6545
 

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from Ashraf Laidi

2009.09.15 05:42: KING SLAMS POUND. Sterling is sold off across the board after BoE King says may reduce the interest rate on bank reserves. Markets are uninspired by the +0.2% in the Nikkei & Shanghai as well as the smaller than expected improvement in German ZEW survey. Both EURUSD and GBPUSD drifting towards session lows, but EURGBP is outperforming strongly after Kings comments, looking to break out of 0.8850 resistance and into next target at 0.8920. USDCAD bounces back to session highs looking for 1.0880s despite modest pullback in oil. $GBPUSD eyes 1.6470, followed by 1.6400.
 
There goes the neighborhood with bear traps. They have reduced the population of bears with these traps. The cuddly ones cant survive until their mutant grizzly versions make a comeback soon!
 
kaciara: dont know if you moved your stop or not, but you'd be out now. I might get out soon as well, but maybe not who knows.
 
I am short FTSE 5056 ...stop loss 5080

target 5032


expect a nice dollar rally post retail sales data after the euphoria
 
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