Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[wallstreet1928]

I will be waiting for a sell off below 3575 before I short the market, the mining sector has already started to sell off.......

need financials to do the same

 

[wallstreet1928]

banking sector seems to be breaking out of the channel

lets see what happens

 

[wallstreet1928]

So I heard Mr Bernanke has spoken and he hasn't caused the market to fall, I am surprised!! haha....

my positions at present

short S&P 689 & 695 ........stop loss 703

short barclays 70 ...stop loss 76

 

[hairyman]

have just made 25 points on footsie long, but now am looking for a good shorting oppurtunity,, hopefully will start shorting at 3640 level, and if market continues to rise, continue to short all the way to 3660... which i sthe MAJOR resistance,, g luck all

 

[wallstreet1928]

short FTSe 3625 ..stop loss 3665

 

[hairyman]

short s&P at 698, s/l 711. soon will short footsie also

 

[PokerBrat]

Dow is coming into resistance around 6760, I think we will test that before seeing a retrace.

 

[hairyman]

come on footise rise a bit more so i can SELL you.. come on..!!

 

[hairyman]

come on footise rise a bit more so i can SELL you.. come on..!!

sold at 3636, s/l 40
come on do the decent thing and revert to type and fall!!

 

[hairyman]

the footsie is misbehaving might even climb to 3660 before dropping like stone, i will continue to short until then.

 

[PokerBrat]

Dow is coming into resistance around 6760, I think we will test that before seeing a retrace.

Wow - made short work of that. Next stop 6800.

 

[wallstreet1928]

So I heard Mr Bernanke has spoken and he hasn't caused the market to fall, I am surprised!! haha....

my positions at present

short S&P 689 & 695 ........stop loss 703

short barclays 70 ...stop loss 76

stop loss hit on S&P .....tut tut!!

I am surprised with such a powerful move upwards


My teacher was right and I was wrong........

Daniel son must carry on learning!! haha.....

 

[Trader1UK]

Some power behind the moves... im stopped out too and lost gains from earlier.... ohwell.. another try soon...

 

[PokerBrat]

Wow - made short work of that. Next stop 6800.

And that. Got my fingers burnt on a short there. I think I will sit this one out until things calm down.

 

[hairyman]

And that. Got my fingers burnt on a short there. I think I will sit this one out until things calm down.

i think the move up has run out of steam now, famous last words.
im short and hoping , if it moves any further up wit conviction il have to cut my losses and get out

 

[wallstreet1928]

i have bought Gold

long 900 ....stop loss 890!!

the 2 catalysts have rallied these markets........but can it last!!

my analysis was wring today and i will have to go back and learn from my mistakes!!

I encourage every one to do the same if they were shorting.........

I still have short barclays

70 ...stop loss 76

short FSTE 3625 ...stop loss 3665

 

[hairyman]

i think the move up has run out of steam now, famous last words.
im short and hoping , if it moves any further up wit conviction il have to cut my losses and get out

looks like it is moving in the right direction , a bit more and it will be agood day !!

 

[hairyman]

stop loss hit on S&P .....tut tut!!

I am surprised with such a powerful move upwards


My teacher was right and I was wrong........

Daniel son must carry on learning!! haha.....

we all continue to learn...

 

[wallstreet1928]

i have bought Gold

long 900 ....stop loss 890!!

the 2 catalysts have rallied these markets........but can it last!!

my analysis was wring today and i will have to go back and learn from my mistakes!!

I encourage every one to do the same if they were shorting.........

I still have short barclays

70 ...stop loss 76

short FSTE 3625 ...stop loss 3665

905...closed gold nice 50 points profit......

due to uncertainty i think I will take profit and cover one of my losses on S&P ........

 

[neil]

Channels and price boxes ?

Well FTSE yesterday with a nice channel break and now the Dow. I like to box in small one or two minute consolidations and trade breaks from those. (Learnt a lot from TD: Phil, Brutus and others here - a small hardcore of traders I call the real deal)