FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

Looks like we could get a pump overnight
Into 2044
10255 on dax
10305 big horizoontal res area

No pump as yet
Price is clustering underneath res

 

[Dentalfloss]

trading plan for the day
if that 2037 area pops/10220 area on dax....then trade the break.We have res areas marked to scalp out of
if no break....then we have pullback areas/supp to scalp in and out of
otherwise....we just keep fumbling ....lol
notice..yesterday..index took a hit after Morgan Stanley missed earnings

 

[Dentalfloss]

There is a very strong temptation to make the rather trite observation that today is the day after the 28th anniversary of "Black Monday", in so far as the data schedule is unlikely to trouble markets in any shape or form. The policy related schedule has a number of Fed, ECB & BoE speakers, but with the Fed heading into pre-meeting purdah ahead of the Oct 27-28 meeting and the ECB meeting on Thursday, fresh insights may be noticeable by their absence. Per se, the focus will once again be on US corporate earnings, and a brief reminder that at the beginning of Q3, earnings were expected to decline by 0.3%, but are now expected to decline 4.1%, and revenue expectations have been revised lower from -2.2% to -3.7%, with the energy sector clearly still a huge drag, with earnings expected to fall by 65% in Q3, while revenues are expected to decline 37%.







from Marc Ostwald

 

[Dentalfloss]

earnings season are good for us
as you can see from Marc Ostwald that these are expected to come in lower
however ,index are bullish
an excellent mix for more volatility....
eyes on energy sector earnings..they area big drag
Yahoo and Harley Davidson reporting today

 

[Dentalfloss]

method 2 working well this morning
no break and a pop to supp

 

[Dentalfloss]

that"s mr charts falling candles method
the breakdown from res....basically a dump

 

[Dentalfloss]

here is where the extra treats are
do we catch that falling knife on 1 minute ??

 

[Dentalfloss]

here is where the extra treats are
do we catch that falling knife on 1 minute ??

yes we can...but not yet

 

[Dentalfloss]

10068-10080 trend supp/green...if it gets there

 

[Dentalfloss]

in our supp area now..10080 ish

 

[Dentalfloss]

2 downmoves on 1 min
we track the purple

10104 res area if it bounces/trend res

 

[Moneylender]

doesnt look too positive to me. I like my fingers!

 

[Dentalfloss]

doesnt look too positive to me. I like my fingers!

10080 might not be the area to catch
only highlighted the area as it was easy to pick off
it could be lower
if oil goes down..energy sector earnings hit...but who knows

 

[Dentalfloss]

scalps in and out of 10104 area we marked

 

[Dentalfloss]

oil...still in a downtrend
45.00 seems to be holding it

 

[MichaelJohnFX]

dax into tomorrow. that 10220 is a key area of interest for me.

Looks like we dumped out of this - missed it. Was hoping to get filled in that 10220 area - in a useless meeting

 

[MichaelJohnFX]

As stated last week and over the weekend - that 10200 area has been very very tricky

 

[Dentalfloss]

knife caught at 10080...which we had marked
scalps in and out of that area

 

[boyplunger1929]

awaiting some real movement, this market doing nothing ahead of BOE, ECB, and FED.

 

[Dentalfloss]

spx lookin reasonably bullish into the open/aqua area