techcherry
Member
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hi chartman and all the others
Actually I started to trade your system chartman and looks promise, even yesterday I did followed my analysis and left my self stayed in the short side until the end with a positive result of 42 points not bad for a rookie ...
Anyway is there any suggestions for today , oil is down again ,the economic news from yesterday(durable ggods , jobless) had been digested and priced , so who dares to give some numbers?
regards... :cheesy:
Actually I started to trade your system chartman and looks promise, even yesterday I did followed my analysis and left my self stayed in the short side until the end with a positive result of 42 points not bad for a rookie ...
Anyway is there any suggestions for today , oil is down again ,the economic news from yesterday(durable ggods , jobless) had been digested and priced , so who dares to give some numbers?
regards... :cheesy:
dc2000
Veteren member
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Ok chaps I would say open moving to 480 drop to 410 finish 450
As always no part of this post is intended as an invitation to trade
if you are interested in how it works
http://www.trade2win.com/boards/showthread.php?t=10424
As always no part of this post is intended as an invitation to trade
if you are interested in how it works
http://www.trade2win.com/boards/showthread.php?t=10424
tradesmart
Experienced member
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Interesting system DC........!
Today’s action could be data driven with GDP at 13.30 and Consumer Sentiment at 14.45 – the numbers will be scrutinised for any influence they might have on the key FED rates meeting on 30th June.
The market is winding up for a big move in reaction to the outcome of developments on the 30th, which also includes the transfer of sovereignty in Iraq……clearly a momentous day……
IMHO the market is likely to adopt a holding pattern in the current range until then, and as we stand for today’s open, support is at 10432 with resistance at 10490…..
Overall, currently we have a bullish bias with a break above the 600 channel on the daily chart (attached) with a potential target of 11000……..
Currently hopeful for my Dow Comp entry this week…….. :cheesy:
(but suspect that I might have been right (well, close..) a day too early……..
)
Today’s action could be data driven with GDP at 13.30 and Consumer Sentiment at 14.45 – the numbers will be scrutinised for any influence they might have on the key FED rates meeting on 30th June.
The market is winding up for a big move in reaction to the outcome of developments on the 30th, which also includes the transfer of sovereignty in Iraq……clearly a momentous day……
IMHO the market is likely to adopt a holding pattern in the current range until then, and as we stand for today’s open, support is at 10432 with resistance at 10490…..
Overall, currently we have a bullish bias with a break above the 600 channel on the daily chart (attached) with a potential target of 11000……..
Currently hopeful for my Dow Comp entry this week…….. :cheesy:
(but suspect that I might have been right (well, close..) a day too early……..
)Attachments
Hi TC, have not yet looked at my charts, or had any time so far today to look at the market .
See the US news out at 13.30 personal consumption Q1 and Michigan Sentiment (month ) June and see how the Futures react to the news, and look at Chartmans great charts. then form your own opinion of market direction .
regards twiglet
See the US news out at 13.30 personal consumption Q1 and Michigan Sentiment (month ) June and see how the Futures react to the news, and look at Chartmans great charts. then form your own opinion of market direction .
regards twiglet
