FTSE, DAX, DOW Trading Ideas and discussions

[tokyojoe]

Possible change of flow on the Dax, will see what happens after this little 2.30 move, Draghi still answering Q's, so one little wrong word & we all know the rest.
Keeping an eye on the 5 min down channel fron 12 o'clock.

 

[Jessi_trader]

i am short ftse so glad u have closed your longs lol

 

[Jessi_trader]

When you have thing like this (red circles) makes it difficult level to trade.....

 

[tokyojoe]

When you have thing like this (red circles) makes it difficult level to trade.....

totally agree, I'm simply watching flow atm, I never fall in love with one flow or the other for too long.
Tempted to scalp, but these speeches always give me the heebee jeebees

 

[Jessi_trader]

Now DAX seem to be more convincing setup if DAX can break...

 

[Jessi_trader]

crap market....

 

[Dentalfloss]

crap market....

as we said at the weekend..it was going to be a slow grind upwards

 

[Jessi_trader]

as we said at the weekend..it was going to be a slow grind upwards

 

[Jessi_trader]

...:whistling

 

[Jessi_trader]

For me the shorting point is 18350 on DOW....

 

[Jessi_trader]

desire for constant action irrespective of underlying conditions is responsible for many
losses in Wall Street even among the professionals, who feel that they must take home
some money every day, as though they were working for regular wages. I was only a
kid, remember. I did not know then what I learned later, what made me fifteen years
later, wait two long weeks and see a stock on which I was very bullish go up thirty
points before I felt that it was safe to buy it. I was broke and was trying to get back, and
I couldn't afford to play recklessly. I had to be right, and so I waited. That was in 1915.

-Jesse Livermore

 

[2be]

For me the shorting point is 18350 on DOW....

and long from 11660 on DAX, if it gets there

 

[Dentalfloss]

constant action
scalping from that defined support
then a nice end to the day..the support broke

 

[Dentalfloss]

dax had a well defined support for the whole day
great for scalping
finally it broke

 

[Dentalfloss]

spx
had a well defined supp
we got a nice present at the end...a downward sloping trendline/purple...gave the game away

 

[Jessi_trader]

11830 zone being close... its likely that DAX can pullback to that level....

So it got there while I was running...

 

[Jessi_trader]

Coming like failed test of TOP.... the formation is clear so could present nice tradable setup next couple of day...

 

[Jessi_trader]

DOW is stuck in bearish pattern... we will see how and when DOW breaking the bearish pattern...

 

[myattitude]

DOW is stuck in bearish pattern... we will see how and when DOW breaking the bearish pattern...

quick question jessi, why do you see it as a bearish pattern when the channel is going up?

 

[Jessi_trader]

FTSE still bullish and pullback to 6975 is buy as of now...