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

[Da.DesiTrader]

Long from 5211 with 25pips stop loss. Target is 5233. Would be shame to have a mirrored reaction again from footise!

US waking up could kick this market up a bit. 5200 could act as support. Price just got rejected strongly around 5195 with a big wick on 5M and 10M charts.

I think, price breaking 5236 region will be very bullish, it will be break of a sort of a bullflag on hourlies.

 

[wh92stang]

US Jobless claims were a bit higher than expecte which caused that small drop.

 

[Weighbridge]

Short EUR/USD @ 1.5002, at the top of a channel.
Stop 1.5022
Profit 1.4962

Stop moved to b/e

 

[Manya1983]

US Jobless claims were a bit higher than expecte which caused that small drop.

This should bring the market down further. Also dont forget the daily and weekly pivots at 5210 region.

 

[dr.blix]

Short EUR/USD @ 1.5002, at the top of a channel.
Stop 1.5022
Profit 1.4962

top of this H1 candle was 008, so you got a decent entry there WB.

 

[wh92stang]

For the most part, corporate earnings have been very good this morning, so be careful with shorts. UPS, McDonalds, PNC Bank, 3M, and a few others have all beat expectations.

 

[dr.blix]

if E$ breaks 980 i have 964 and 942 next

 

[Weighbridge]

I'll short FTSE @ 5217 if it's offered again. Just missed it a few minutes ago.

 

[fraggermcg]

if E$ breaks 980 i have 964 and 942 next

I have the same! Unfortunately I shorted 2pips off the low of the day this morning (14946) with a wide stop so been badly burnt already. Saw a close with confirmation below 14964 which is why I entered the trade, not that it matters now!

 

[dr.blix]

E$ really needs to crack 980 for all those short, it's providing a decent base right now.

EDIT: ok there it goes, now we want 980 as confirmed res.

 

[bagesh]

Can someone pls post 10mins ftse chart here.
I am unable to access it from my workplace.
TIA.

 

[Weighbridge]

E$ really needs to crack 980 for all those short, it's providing a decent base right now.

I'm giving it a Paddington hard stare....

 

[Weighbridge]

Short EUR/USD @ 1.5002, at the top of a channel.
Stop 1.5022
Profit 1.4962

Stopped out at b/e.

 

[dr.blix]

short E$ @ 009

 

[Weighbridge]

short E$ @ 009

I joined you on the way back down @ 004. A tightish stop for me though at 018.

 

[Weighbridge]

I joined you on the way back down @ 004. A tightish stop for me though at 018.

Stop to b/e. Again. Groundhog day here...

 

[Da.DesiTrader]

closed my long at 5205, now short from 5201. reason, hourly candles and also, no buildup close to US open.

 

[wallstreet1928]

be careful with any long positions

bias on down side

dax is the weakest so shorting it will give you the best gains , EURo rise is hurting eurozone

US market will be up slightly and then big sell off

FTSE 5170 could get threatened and it may well get breached

I have updated benzinga
FTSE 100 Daily Analysis 22nd Oct 2009 | Benzinga.com

 

[dr.blix]

I joined you on the way back down @ 004. A tightish stop for me though at 018.

look on the 10min TF, this could be some kind of messed up bearflag pattern, i'd be cautious of one more final move up to 022 before a bigger fall.

 

[dr.blix]

short E$ @ 009

closed for + 20 pips