FTSE, DAX, DOW Trading Ideas and discussions

[Micky89]

I need a nice drop of about 150 to break even. My phone broke whilst I was out and I hadn't placed a stop.

What time is Draghi?

 

[Jessi_trader]

what time is draghi?

6:45 pm

 

[Jessi_trader]

What time is Draghi?

2 hrs to go... get your phone ready Micky....

more annoying problem some times is... your phone/tab is working and network goes off....

 

[Micky89]

2 hrs to go... get your phone ready Micky....

more annoying problem some times is... your phone/tab is working and network goes off....

I'm home from work now, have my laptop. Hopefully I can pull back some loss.

Hopefully the speech doesn't cause more upside.

 

[Jessi_trader]

by the time Draghi speaks, price would consolidate at critical level... so that easy to pop or drop

12100 or 12200???

 

[Jessi_trader]

EUR/USD : Week 16th March - 20th March

Selling is getting weaker but there are still force out there. Level to watch is 10500 and 9850 (+- 50).

They looks good support area and chances are that price can bounce back from these level.

I expect price to bounce back from 10500 and rally to 11500 and even above that level.

We will keep an eye on intraday sessions next week.

that would have been a nice trade today... lost my focus

 

[Jessi_trader]

DOW coming close to support level...

 

[Dentalfloss]

DOW coming close to support level...

yeah
but this market is full of fakes
the latest one could be another fake/yellow

 

[Jessi_trader]

yeah
but this market is full of fakes
the latest one could be another fake/yellow

so 18030 or 17640 ?

 

[Jessi_trader]

Day Trading Strategy | How to Trade The FOMC Announcement


http://www.leadingtrader.com/11/day-trading-strategy-how-to-trade-the-fomc-announcement/

 

[Dentalfloss]

so 18030 or 17640 ?

looks like the 18k area
if we take out the noise
we see the trend is still down
3 breakout points/downwards...so we have 3 trendlines/red
we are at the first trend res
the one above has a prev supp/aqua 18k area
needs to p/b to assess properly

 

[Micky89]

have you tried that before?

 

[Dentalfloss]

dxy took the dump..so it looked like us stock index were going to rally

 

[Jessi_trader]

have you tried that before?

No.....never tried news trading before, but out of curiosity I was looking into web.

 

[Micky89]

beings the european markets have closed, will the speech have more effect on the Dow or Dax?

 

[Jessi_trader]

No.....never tried news trading before, but out of curiosity I was looking into web.

There was an article in share magazine a few week ago ... about how to trade announcements and result news... and how to anticipate market move before the release and take position....

Juts out of curiosity I was just looking what are the other stuff out there

 

[Jessi_trader]

beings the european markets have closed, will the speech have more effect on the Dow or Dax?

I guess both as affects EUR/USD equilibrium....

 

[Dentalfloss]

news trading is easy...the difficult bit being the volatility before the release
before the release..if you are in and in profit then tighten the stop..if you are not in points...then think hard whether you want to get kicked around
if very volatile..see where the price gets taken to..usually a big s/r area.ie the price is manipulated into those areas..you might have made a decision before the release as to the direction
you want to get in on the opposite side
the fomc wording is where the action is

 

[Dentalfloss]

dxy ..there is also debt ceiling looming aswell as fomc and some poor numbers
possibly looking like dxy got overbought

 

[Jessi_trader]

dxy ..there is also debt ceiling looming aswell as fomc and some poor numbers
possibly looking like dxy got overbought

I agree... without fare bit of consolidation buying looks dodgy...

I was looking into Monthly chart... three big straight lines...