FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

time for a cheese and pickle sandwich

 

[Atilla]

Setting up short limit orders as well as one trailing SL order for when it turns back on the way down. Prefer to wait and only take shorts.

Next PP is 11080 if it gets there.

 

[Atilla]

Closed long gold positions. Added to Oil shorts.

Expecting Jolt job openings number to be positive.

 

[Dentalfloss]

dow into the open
areas of recoil marked
we either break lower or test the trend

17784 mino res area

 

[Atilla]

eur bounced at 1.1254
a bad bounce and shorts in for the kill

Good call on euro Mr D,
Nice reversals from 1.1320s...

 

[MichaelJohnFX]

Short scalp from 11001 taken. Let's see if we can get to 11020 area before we see a major move down. Looks overbought on 1 mins chart

Edit: typos. Got numbers wrong

 

[Dentalfloss]

my best calls are made in the "dog and fox " when someone else is buying the round

Good call on euro Mr D,
Nice reversals from 1.1320s...

 

[Dentalfloss]

hey chronic..how is it ??
are ya missing old blighty

 

[Atilla]

my best calls are made in the "dog and fox " when someone else is buying the round

Haha sounds good to me...

:cheers:

 

[Dentalfloss]

spx
slightly oversold

2086 area is prev supp
30 min data

 

[MichaelJohnFX]

hey chronic..how is it ??
are ya missing old blighty

Sun, ocean and loads of women. Not missing old Blighty at all. :whistling

Really good and loving it. Considering moving here for a few years maybe when my grad programme is done

 

[Atilla]

Sun, ocean and loads of women. Not missing old Blighty at all. :whistling

Really good and loving it. Considering moving here for a few years maybe when my grad programme is done

Do it!

 

[Atilla]

Trailing SL shorts hit on DAX.

Two shorts opened.

Target 10850.

 

[MichaelJohnFX]

Not really comfortable with that 11980 resistance area. Much prefer the 11100-11120 area for a short. We'll see it it gets there

As we said, shame I didn't hold on for longer. But ah well.

Mind on the beach

 

[MichaelJohnFX]

Trailing SL shorts hit on DAX.

Two shorts opened.

Target 10850.

 

[Atilla]

Trailing SL shorts hit on DAX.

Two shorts opened.

Target 10850.

I think my Trailing Stop Losses are too tight.

Both closed out for +56 in tot.

 

[MichaelJohnFX]

I think my Trailing Stop Losses are too tight.

Both closed out for +56 in tot.

I think we're heading to your target. If not we move back up to that 11100-11120 area.

 

[Atilla]

I think we're heading to your target. If not we move back up to that 11100-11120 area.

I do hope so. Perhaps by end of the day.

Technically speaking targets S/R are simply Pivot Point levels on daily charts.

 

[Dentalfloss]

2082 worked well

 

[Atilla]

2082 worked well

Yes it did. I closed number of spx shorts at 72 and then added limit orders below in steps as it rose. Then collect again as it comes back down.

Doing the same to DAX but considerably with less pos/risk etc. With Grexit issue a little unpredictable right now.

SPX has been doing this for some time now. imo upside is limited. Downside who knows but I have my heart ultimately set on 1750.


Oils gone a little pear shape today but will be looking to take shorts again as long as it doesn't leave 62 behind.