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

[Trader1UK]

were you trading the dow?

Dow is too volatile hence why i hardly, hardly ever trade it................

only trade it with profits i have made, I hate the index ............

WS i was trading the SnP, had a stop about 30 points away but got blasted and didnt trigger...
Only just traded the Dow short just now, out with +12,, didnt wana risk it

 

[wallstreet1928]

Thanks Rob,
I do look at several sources to see what news is out for the day, but for the last week i have been ignoring this and just trading the charts.. but ill be back to looking at it every morning..

yes i must pay more attention to news as well...................

anyway i am selling Nasdaq again 1217 ...stop loss 1240

this rally is ridiculous, just based on excitement about a bit of news!!

 

[Trader1UK]

yes i must pay more attention to news as well...................

anyway i am selling Nasdaq again 1217 ...stop loss 1240

this rally is ridiculous, just based on excitement about a bit of news!!

HAHA yea too many Americans getting excited about it n bying lol... should soon come back to earth lol

 

[Bloodhound]

yes i must pay more attention to news as well...................

anyway i am selling Nasdaq again 1217 ...stop loss 1240

this rally is ridiculous, just based on excitement about a bit of news!!

We're at a key level on the S&P now though. We've also broken out of the trend line so I'd be expecting a retracement....

 

[wallstreet1928]

I am selling with the profits i have made

I am selling Dow 7500 .....sto ploss 7600

i am selling S&P again 795 .....stop loss 820

what can I say guys......................i am not even going to say how much money i have made today

closed dow for 60 points profit

closed S&P for 70 points profit

 

[wallstreet1928]

yes i must pay more attention to news as well...................

anyway i am selling Nasdaq again 1217 ...stop loss 1240

this rally is ridiculous, just based on excitement about a bit of news!!

closed nasdaq for 15 point profit

no more trading for the rest of the week

I'm off to relax and have a chat with my father

take care all

what a day it has been today

 

[Trader1UK]

WELL DONE WS, great job,

I think im done for today too, gona go out relax n get some fresh air...

 

[Trader1UK]

We're at a key level on the S&P now though. We've also broken out of the trend line so I'd be expecting a retracement....

Same ere Rob, will have todo my analysis again to see what the levels are

 

[wallstreet1928]

I have decided to take a break for a few days now guys.........

Its hard updating this forum whilst trading and doing a day job at the same time

I will be back on the weekend to post my charts for the following week

 

[candles]

cant believe you do a day job, wallstreet.
You're one of the best traders ive seen on this site, and you appear to be trading decent size.
Keep it up dude.

 

[francisfinley]

i have an order in sell at 3950 for the ftse if it hits. if it fails another sell at 3990.

sold at 779 on the s&p but hesitant.. again will sell @ 800 if 779 / 787 doesnt hold.

FF is loving the FTSE at the moment!!

+ 14.5 points today.


nice

 

[wallstreet1928]

Good morning my friends

I know, I know, I was supposed to take a break

I'm not trading for the rest of the week.........

I just thought i would pop in here and have a read of my previous trades as I view this as a journal

and i thought I would post a chart to help the newbies to gauge the direction for today

2 day , 10 min charts

I have attatched a DAX chart and there are multiple levels of resistance on the upside........

If i were trading the DAX now i would have sold the dax and watched it go below 4000


FTSE CHART- I would have shorted the FTSE as it has broken 50/20 MA and watched it go to 3770

 

[francisfinley]

Good morning my friends

I know, I know, I was supposed to take a break

I'm not trading for the rest of the week.........

I just thought i would pop in here and have a read of my previous trades as I view this as a journal

and i thought I would post a chart to help the newbies to gauge the direction for today

2 day , 10 min charts

I have attatched a DAX chart and there are multiple levels of resistance on the upside........

If i were trading the DAX now i would have sold the dax and watched it go below 4000


FTSE CHART- I would have shorted the FTSE as it has broken 50/20 MA and watched it go to 3770

I sold FTSE at 3840 just outside of the trendline/ big channel.

lets see where it goes i expect 3815 AGAIN!

 

[wallstreet1928]

s&P channel still being respected

I would be shorting expecting 780- 770 - 760

 

[francisfinley]

gold gone upto 750 - going beserk
usdchf getting pummelled
eurusd gone trhu the roof

FTSE twice broken the larger channel only to come back inside
S&P right in the middle of the channel
as is NASDAQ in the middle of the channel

im flat till we touch a trendline with this today. made my money this morning so can wait.

 

[Trader1UK]

Hi alll,
another day and another move... lets see what happens ...

 

[wallstreet1928]

Hi alll,
another day and another move... lets see what happens ...

Good afternoon

I have just woken up from my siesta and found that the market has finally come back to reality

that is good to see

if 788(20MA) broken then we get to see 780

now if that gets broken then this whole uptrend is over in a flash and we go back down to 700

 

[Trader1UK]

Good afternoon

I have just woken up from my siesta and found that the market has finally come back to reality

that is good to see

if 788(20MA) broken then we get to see 780

now if that gets broken then this whole uptrend is over in a flash and we go back down to 700

Thanks WS for the analysis,,,

Thought everyone was enjoying the sun and no1trading besides me,..

Lets see where the market takes us..

 

[wallstreet1928]

I just can't resist this and it is going to be long term trade(I promise)

I have shorted barclays 114 (stop loss) .....125!!

target 100 - 80

 

[wallstreet1928]

Thanks WS for the analysis,,,

Thought everyone was enjoying the sun and no1trading besides me,..

Lets see where the market takes us..

I had a nice lunch and felt sleepy, really really sleepy............

I'm off into the garden to soak up a bit of sunshine before I start my afternoon shift