FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

5k Zimbabwean dollars...every day

 

[Dentalfloss]

here is the raw chart..no lines or levels

our bullish bias from the weekend played out well
now we are coming into the mud/pink horizontal 9890-9930 area
chart is one month of data
that res goes near to 10009..first is 9969 area

 

[dowsp]

On the Dow / SPX ..The rally continued strong and had little pull back all day.

On the Dow, it went higher than I was expecting..now having broke 16700 to hit a high 16798. It broke the trendline coming from the July / Aug highs ..

It has formed as head and shoulder formation on both the Dow and SPX...but on the Dow the right hand shoulder has gone higher than the left hand shoulder (L.H.S). On the SPX however, it is now at a similar level to the L.H.S made around Aug 28th at the 1988 level.

The 17.11 hrs time frame I indicated..that was a time I had in mind for a make or break on the rally.. It did in fact come in as a minor low and continued the rally.

17.11 ?

The Other cycle I had for Oct 4th...seemed to continue the rally.. The Low for the session since Sunday evening open did come in the 1st hour before Monday.

If you had other analysis that helped you remain bullish today after such a prior large rally , well done to you..

I will be very surprised if the rally was to continue on again for Tuesday without at least some reasonable pullback.

But I am wondering if now its going to overall continue to end of the week.

 

[MichaelJohnFX]

Morning all.

Areas of interest:
9880
9942

 

[Dentalfloss]

bears hardly got a look in today
very few shortable opportunities
follow the trend all day long
now...trend has broken

its bull test time

 

[Dentalfloss]

overnight positions/all short
just closed
decent run

 

[Dentalfloss]

1990 was the trigger area last night
dax at major res as per raw chart posted
trendline break last night on chart posted was the deciding factor

 

[Dentalfloss]

dax over the last 24 hours
pink horizontal was the entry last night

 

[Dentalfloss]

short scalp on at break of 9800
stop tightened
9750 poss supp

 

[Dentalfloss]

some cluster areas

 

[Dentalfloss]

9759..out
not hanging around

 

[Dentalfloss]

scalp the bounce
stopped out for a few points

 

[Dentalfloss]

there is a horizontal res at 9823 area
after 9800
price really needs to stay above 9700.ish

 

[Dentalfloss]

there is a horizontal res at 9823 area
after 9800
price really needs to stay above 9700.ish

short scalp from98000 area
stop tightened

 

[Dentalfloss]

stopped out at 9752 area
not hanging around

 

[Dentalfloss]

update on spx

 

[Dentalfloss]

9750 holding..just

 

[Dentalfloss]

bears will be watching for a possible weak rally from 9750..if it happens
next area 9720-9730..ish

 

[Dentalfloss]

latest downmove on 1 min

 

[Dentalfloss]

into our 9720 and 1972 marked areas
where next ??
excellent bounces from our marked areas