FTSE, DAX, DOW Trading Ideas and discussions

[Dinos]

DOW Sell signal

I'd agree with the DOW, trade highlighted on my 5 Minute chart (attached)

 

[Dinos]

Setup is developing....

Disagree, as a momentum trader, its a suicide entry for me.

 

[Jessi_trader]

Disagree, as a momentum trader, its a suicide entry for me.

Blue circle ... entry on breakout , target red circle..

 

[Dinos]

Blue circle ... entry on breakout , target red circle..

First port of call IMHO, will be that resistance line you highliught, fail to break and it will follow it daily path downwards, breakthrough and it may hit you area. Time will tell, not being arguementative, just offering another viewpoint, regards. :cheesy:

 

[Dentalfloss]

30 min data
note the last 2 column upwards..no support ...the latest could find support
the trend is down
going to be great volatility until we find direction
plenty of pips

those bulls had to get tested as we said before the open
job done

 

[Dentalfloss]

the bulls still have control
updated chart

entry is red horizontal...job done

 

[Dentalfloss]

Dow in the bull test area
shorts closed
been short all morning

 

[Jessi_trader]

Dow in the bull test area
shorts closed
been short all morning

beautiful doc

 

[tokyojoe]

the bulls still have control
updated chart

entry is red horizontal...job done

Hi Dentist, I don't trade the dow, but looking at the chart, for me as a pullback/momentum trader my take on this would be to see how much push we have on the 17700 area & test a buy depending on the PA after the clearout

 

[Jessi_trader]

First port of call IMHO, will be that resistance line you highliught, fail to break and it will follow it daily path downwards, breakthrough and it may hit you area. Time will tell, not being arguementative, just offering another viewpoint, regards. :cheesy:

Great call Dinos...

Broke down so target shifted to bottom line...

 

[Jessi_trader]

anyone for DAX 12000 today???


or pop and drop ???

 

[myattitude]

what kind of stop are you putting on that apple, just to the trend res then? it looks quite a wide range back to the horisontal res..

 

[Jessi_trader]

what kind of stop are you putting on that apple, just to the trend res then? it looks quite a wide range back to the horisontal res..

I am not trading... just posted idea...

I will resume trading next week ....:cheesy:

 

[Jessi_trader]

But Yes...as Dinos said, I don't think its typical day trade setup... stop will be above top redline... too wide ...

its a swing setup...

 

[tokyojoe]

anyone for DAX 12000 today???


or pop and drop ???

I just go where she commands, gotta love the dax beast

 

[Dinos]

anyone for DAX 12000 today???


or pop and drop ???

Be one hell of a move to hit 12 today, but upward momentum of my 5 minute chart was 15.05, time will tell. Just following where the MM want to take it.

 

[Dinos]

I just go where she commands, gotta love the dax beast

Spot on, I never try and read anything into it or assume where its heading, just follow where they want to take it, it makes for an easy life IMHO :cheesy:

 

[neil]

First port of call IMHO, will be that resistance line you highliught, fail to break and it will follow it daily path downwards, breakthrough and it may hit you area. Time will tell, not being arguementative, just offering another viewpoint, regards. :cheesy:

Yep -Support and Resistance -overlook them at your peril

 

[Jessi_trader]

Be one hell of a move to hit 12 today, but upward momentum of my 5 minute chart was 15.05, time will tell. Just following where the MM want to take it.

have you done custom scripting for that line Dinos ? I guess its prorealtime chart

 

[neil]

Dinos - he knows

Spot on, I never try and read anything into it or assume where its heading, just follow where they want to take it, it makes for an easy life IMHO :cheesy:

Yes -go with the flow and less navel gazing (trying to predict turns)