FTSE, DAX, DOW Trading Ideas and discussions

[Atilla]

So for all that volatility Dax has hardly moved. Glad a deal/ no deal will happen this weekend. Imagine the volatility when one or the other is announced.

I'm not sure what to think anymore.

Some say it's in the price
Some say it's only 3% of EU economy
Some say US not effected

Then the whole market shakes, rattles and rolls...

 

[Atilla]

Here is the DAX sod and eod CS chart.

Not looking pretty. I think tomorrow will see 11300s tested if TA is anything to go by.

Basically, DAX has failed to cover 50% ground on yesterday's dark cloud and just managed to close above PP but has now fallen below in trading after market hours.

 

[MichaelJohnFX]

Here is the DAX sod and eod CS chart.

Not looking pretty. I think tomorrow will see 11300s tested if TA is anything to go by.

Thanks Atilla

Could mean that 11485 area could be res if it gets there pre market. More optimistic would be 11515-11525

 

[Dentalfloss]

spx went more negative today

60 min data

 

[Dentalfloss]

not lookin good for the dax tomorrow

 

[Dentalfloss]

dax turned nasty today
bulls to get tested at horizontal supp 11385-11362 area

 

[Dentalfloss]

down we go

market losing patience

60 min data
1.1254-1.1300 area...big res

 

[Atilla]

With ECB printing and between EU QE and Fed rates, it should fall in theory. Moreover, the possible Euro brake up should give it the runners.

I had PP of 1.10 with it fluctuating between 1.08-1.12. Got this range wrong, as it went up to 1.14+.

If things go horribly wrong for the EU it may even test 1.05 again.

Not sure either way and very difficult to gauge as it's all news and FA driven imo.

 

[Dentalfloss]

Mornin all

 

[Dentalfloss]

If you look at 15 mincandle of spx and dax over the last24 hours
you will see spx has a sustained downtrend
dax is just flitting around

 

[Dentalfloss]

A nice move down..for a bull test

 

[MichaelJohnFX]

Morning everyone

Decent move down from trend res

 

[Dentalfloss]

There we are a quick 70 points

 

[Dentalfloss]

Bounce taken..scalp

 

[MichaelJohnFX]

Decent move up from that 360-99 area.

 

[MichaelJohnFX]

Job semi done for the morning. Looking to the opening now. Easy money again.

 

[Dentalfloss]

Job semi done for the morning. Looking to the opening now. Easy money again.

excellent

 

[MichaelJohnFX]

Nice work as well on your front Mr D.

 

[Dentalfloss]

there is an inkling of a new uptrend on spx
5 min candle
it has had 2 sustained down moves over the last 48 hours

 

[Dentalfloss]

see it nicely on 15 min candle
only load from wednesday/US open