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

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Are we likely to see a gap fill on the DOW down to yesterdays close, before we see a sharp move up again. This does seem to happen quite often, when we've had a move up? Any opinions gratefully received.The markets appear to be a bit in limbo at the moment before the open, with the better GDP figures offsetting poor employment numbers.
 
:cheesy:Will see massive buyers now Pentlow1
For me been a seller and out closed untill next week.
Sitting here at the liesure club with a smile as big as a cheshier cat LOL:cheesy:
 
It's back ...
 

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Stops 9596 and 1047.2 .
Limmits at 9660 and 1051 .
Closing the trading screen and let the market do its thing.
Even filling boots on footsie at 5100 yippie ! stops 5091
 
TomTom said:
This is why I said not to trade the upside Walstreet mate ....
This happends every year.
Click to expand...

It must be great having the personal experience of the cycles, Tom Tom - can you just remind me though, what you mean by this happening every year? I take it you mean a September sell off?
 
Lapalabra, Indeed it dose happen every year.
You see there are the begining of the year and 1st 2nd 3rd 4th quarters ok ?
we are now at the end of the 3rd quarter where we have seen a big rally, this is profit taking only to see a further rally over the next few days in to next week , seeing 10000 on the dow by 20th October.
 
Like most traders I are right most of the time, it is the timming that gets in the way if you know what i mean ?
With my patterns and seasonal trends the overhall picture of the market makes sense.
You will not find me trading daily, but will find me on here when there is to be a correction or at the start of a rally.
I are considering doing a small manual for others, then again it could be more lucritive to market such skills to fund mamagers ?
 
TomTom said:
Stops 9596 and 1047.2 .
Limmits at 9660 and 1051 .
Closing the trading screen and let the market do its thing.
Even filling boots on footsie at 5100 yippie ! stops 5091
Click to expand...

Like you i am long the DOW, but from 9620, SL 9595. Good luck.
 
If we can hold on to 1700 on the nasdaq we will see more buyers.
Moving up stops slightly here,
 
Hmmm not a good idea mate.
Bussiness acounts = more charges
But dose depend on your curcumstances.
 
Closed the longs, Im of again, will not see me untill next week bye bye all
Good luck
I think we shall see this moving higher later, but had enough for today.
happy trading
 
wallstreet1928 said:
Kaching kaching 80 points profit secured

i am now buying into this market
Click to expand...

Yes indeed TomTom I have just closed my long positions @ the necktie on 10 min chart with 200 MA & 20 MA too ....

closed for 35 points profit

leaving my nasdaq break even

I am now shorting oil .......... 68.5 resistance at gap fill
 
absolutely amazing day today chaps

3 days profit target in 1 day

I am offering my services to all and I intend to teach people the tools I utilise to trade...

I don't believe in Blue Peter trades, live market calls

please PM if you are interested in taking the 1-2-1 mentoring course I am currently doing

I will call it a day, happy trading to all
 
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