FTSE, DAX, DOW Trading Ideas and discussions

the knife catching Olympic Games.

None of those areas we called held apart from 10220. We got given a chance on the retests of what we thought "could" be support

tight range on DAX
taken a long scalp from the Low of Asian session, that's about all
now PA is just below last night 9.00 pm close
 
tight range on DAX
taken a long scalp from the Low of Asian session, that's about all
now PA is just below last night 9.00 pm close

Yes...

2 things I see on the 60 mins.

1. Wedge formation which gives up 10240-10255
2. Consolidation / sideways movement which could suggest dax wants to really pump...possibly tomorrow?
 
oil not lookin happy
not sure if that has relevance to indices...except earnigs

8yi4at.gif

46..0 area a big test of res
46.08-46.14
downside vertical count of 43.50 area
 
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Yes...

2 things I see on the 60 mins.

1. Wedge formation which gives up 10240-10255
2. Consolidation / sideways movement which could suggest dax wants to really pump...possibly tomorrow?

I like that wedge, you posted earlier on.
These are very useful formations, and M30 is a very appropriate TF for intra day trading.
Market structure and these patterns/formations are really the basis for taking the trade and for managing it.

I also look at the previous US session close and additional consolidation zones often automatically drawn by a helpful indicator.
 
:smart::smart::smart::smart:
Tupperware profits beat estimates
told you so !!
that made the market move up this morning
 
lots of bikkies out of our 10255 area/dax

tupperware up 8% from the premarket
 
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I'm going to start dipping biscuits into my Heineken if it helps my P&L. :clap::clap:
 
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