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

[wallstreet1928]

I have taken profit on my shorts here ..........

I will look to buy now .......

especially the nasdaq anywhere around 1710 - 20

FTSE 5100 - 5125 level

my buy orders have been triggered in the FTSE @ 5114 and Nasdaq @ 1724 ....

25-30 point stop as always

 

[wallstreet1928]

I am long cable 1.635

stop loss 1.6310

 

[wallstreet1928]

oil is a fake break out so watch it .........

 

[london_lad]

my buy orders have been triggered in the FTSE @ 5114 and Nasdaq @ 1724 ....

What's your stop on FTSE? My FTSE long level is at 5105

 

[wallstreet1928]

Fake break out on sp500 .................spike on hourly

was this done to suck in all the longs .............

IF SO ......then we could see a really powerful reversal here to the downside

they sucked them in , chewed on them, and then spat them out ............poor innocent investor!!

 

[wallstreet1928]

What's your stop on FTSE? My FTSE long level is at 5105

I have amended it to break even on the rise we just had ........

 

[wallstreet1928]

I am long cable 1.635

stop loss 1.6310

amend to break even

 

[PaulHClark]

Apoloies for the clapping graphic but the last 10 days have been cr*p

Today wipes it all out and and puts me on target

Heavy trading session since FOMC - the pop didn't seem right - closed out my hedge at a nice profit and added to a daily option short and it worked - but I left a lot of money on the table on profit taking as I was more concerned with rebalancing my last weeks losses.

WS - any thoughts on the psychology of how you cope with this type of experience?

Looking at the last series of my trades made thru this type of event I would not be surprised to see a bounceback tomorrow - I will be treading carefully.

 

[wallstreet1928]

I have also gone

long EURO 1.4738 ...stop loss 1.4708


I have also gone short USD/JPY 91.37 ....stop loss 91.6


1:1 ratio ..............

 

[Da.DesiTrader]

I have amended it to break even on the rise we just had ........

Cool. I have a buy trigger at 5210, I could be suckered in like that as well. lol Just deleted it.

Sorry about old nick, didnt realise I was logged in with it on this computer.

 

[Da.DesiTrader]

I have also gone

long EURO 1.4738 ...stop loss 1.4708


I have also gone short USD/JPY 91.37 ....stop loss 91.6


1:1 ratio ..............

All in same direction right? ie, weak dollar, therefore short USD/JPY, long Euro and long FTSE?

 

[Dentalfloss]

nas100..topped,i think
the high pole got shorted
a target to the downside is forming
1 min data

 

[wallstreet1928]

All in same direction right? ie, weak dollar, therefore short USD/JPY, long Euro and long FTSE?

yes my friend ..........

I have had a spectacular day............I can afford to take extra risk!!

I have made a whole weeks profit target in one day .......

I am off work Thursday and Friday and I will focus on my mentoring the next 2 days

I still have February and March free chaps for all those interested

I will try and do 2 a month due to demand .......

Some people have asked about psychology only and I can work on that aspect alone too

 

[Manya1983]

EUR / USD heading down to 1.4700 before a reversal I think.

 

[Da.DesiTrader]

Does anyone know how to overlay a chart using IG's advance charts?

 

[Weighbridge]

Does anyone know how to overlay a chart using IG's advance charts?

As in plot two instruments on the same chart? AFAIK it can't do that

 

[Da.DesiTrader]

As in plot two instruments on the same chart? AFAIK it can't do that

Just figured it out. Right click on a chart and select Compare Security, then select the instrument you want. Make sure you adjust the type of view for the second one different than the first. Two line charts will confuse you. The scale is in relative % terms. So seems like, it can be used as an indicator only, not really for price action perhaps.

 

[Technically Fundamental]

go to indicators and pick compared security. You can only pick a % scale to chart so you need to pic your own reference date and time to measure gain. Leave your cursor on a candle to get info on he h/l o/c of the bar.

 

[Weighbridge]

Blimey, I've been using them for at least a year and hadn't noticed that. Every day's a schoolday.....

Thanks!

 

[wallstreet1928]

I have also gone

long EURO 1.4738 ...stop loss 1.4708


I have also gone short USD/JPY 91.37 ....stop loss 91.6


1:1 ratio ..............

amend stop break even on USD/JPY

I forgot to say I have also gone long on cable 1.6347 .......stop loss 1.6317

1: 1 ratio again