Anyone scalping the FTSE Futures??

[postman]

By the narrowest of margins there is a higher high and a higher low on the dax...

 

[SuddenDeath]

By the narrowest of margins there is a higher high and a higher low on the dax...

time frame?

 

[SuddenDeath]

mella's 1775 is a nice level

 

[postman]

time frame?

It was one minute - but the Germans bought out the Bismark and blew it out of the water. 😆

 

[hereward the wake]

Dax demand levels not revisited yet

 

[SuddenDeath]

It was one minute - but the Germans bought out the Bismark and blew it out of the water. 😆

😆

 

[postman]

Morning all.
Long dax 9032

After 2 nail biting hours I'm at break even. 🙄

 

[hereward the wake]

Dom today

Home > Comment > The Trader
Betting against the herd

DAX 30
FTSE 100
S&P 500


In a reversal of the pattern for much of this year, stocks are softening while gold is strengthening. I do not see equities coming off for that long, however. The move lower so far is nothing more than a very mild correction, and frankly, just the sort of thing that is needed in order to set up a more meaningful end-of-year rally.

As of now, spread bettors seem to be positioned against these outcoems, with a net short position in the S&P 500 and a net long position in gold. They are also leery of GBPUSD, despite its steady intraday uptrend. I await a turnaround in the indices, whereupon I will buy once more.

The DAX hasn’t so far triggered my re-buying advice by surging back through its 55-fourhourly EMA. It is currently not far off oversold levels on the same timeframe. A near-term snapback looks likely, although I won’t jump in straight away. I still expect a return to 9426.5.

DAY: Buy when the index thrusts back above its 55-fourhourly EMA.

POSITION: Buy on a crossover of the 21- and 55- EMAs.

The FTSE remains locked in a near-term downtrend and is not far above its 200-day moving average. Its last two big rallies in June and October began from not far below this line. However, I would not be jumping the gun here for now, even though I expect the next rally to target the bull-market highs at 6875.6.

DAY: Buy again when the 21- and 55-EMAs cross.

The S&P collapsed spectacularly and unexpectedly yesterday, taking it back to its 21-day EMA. This is just what is needed in order to set up a festive rally. The coming move higher should target 1845, as I have been arguing for some time. I see no evidence of a bigger topping process at work right now.

DAY: I await a rally back through the 55-fourhourly EMA to go long again.

POSITION: Exit any remaining longs for now.

 

[SuddenDeath]

eurostoxx now +5

 

[SuddenDeath]

Dom today

Home > Comment > .................................................

thanks for posting,

I may test this 21/55 ma

.
.

 

[SuddenDeath]

15,815 is today's dow sell pivot.

 

[postman]

Dom today

Home > Comment > The Trader
Betting against the herd

DAX 30
FTSE 100
S&P 500

In ...
The DAX hasn’t so far triggered my re-buying advice by surging back through its 55-fourhourly EMA. It is currently not far off oversold levels on the same timeframe. A near-term snapback looks likely, although I won’t jump in straight away. I still expect a return to 9426.5.

....

:clap: This time next year we'll be miwyonaires. 😆

 

[postman]

Anyone have a value on the Dax Low today. I have 9008 and 9022 ???

 

[hereward the wake]

anyone have a value on the dax low today. I have 9008 and 9022 ???

8980

 

[SuddenDeath]

dom's 21/55 ema system , just set up the macd using those settings, and it is very good, used a 5 ma smoothing

 

[postman]

Morning all.
Long dax 9032

Going to close this at 9058. Odd level I know.

 

[postman]

8980

Where did you get that number from?

 

[hereward the wake]

Where did you get that number from?

post 33306

 

[postman]

post 33306

OK - a bit slow this morning. 😆

 

[hereward the wake]

dom's 21/55 ema system , just set up the macd using those settings, and it is very good, used a 5 ma smoothing

like this?