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

[wallstreet1928]

I am long 4700 ...stop loss 4675

target 4725

amend to break even

 

[SabreTT]

Does anyone here actually trade SPY etf? I often listen in on the americans discussing trading and get slightly confused on the symbols difference

Check out the the absolute pinpoint turn around on the pivot,

S1 roughly respected but Nov high 1008 breached, now acting as short term resistance?

Do index-based ETFs hold every security in the underlying index?

ETFs based on specific indexes may not hold every security in the underlying index. Many indexes contain illiquid or
small capitalization securities that are costly to purchase and sell. In order to minimize transaction costs, these
ETFs often use optimization techniques to design portfolios that will closely track the underlying index, but not
necessarily hold all the securities in the underlying index. However, this strategy may also lead to tracking error.

 

[wallstreet1928]

I am long 4700 ...stop loss 4675

target 4725

closed 20 points profit along with nasdaq long ...........

30 points in total .............

now i can get a peaceful sleep, thats the good thing about being a day trader

happy trading chaps

 

[london_lad]

FX Traders out there. Have a look at this: Z-50 Trading System

What do you think about this? and some other strategy manuals on sale on this website?

 

[london_lad]

btw quick search on google found this: Z-100 Forex Trading System The Millionaire Maker rar torrent - Fulldls.com

 

[Dentalfloss]

ws
.the nas 100 chart
1 min data..10 days
box size 0.1% by 3 reversal
still looks bearish

 

[wallstreet1928]

miners ....2 theories to trade off

1. short - due to Rio accusations and rift with chinese government

2. long - based on hopes of another chinese stimulus


we will soon find out as price action tells all

 

[wallstreet1928]

key levels for today

Oil $70.3 ....below that and i will short to $69

DAX 5440 ...

FTSE 4730

 

[Dentalfloss]

ws. the point and figures agree with youre analysis
dax...bearish.horizontal at youre price
1 min data points.10 pt box size by 3 reversal

 

[Dentalfloss]

ftse...neutral.no clear direction as yet
1 min data points

 

[SuddenDeath]

good morning everyone, Dow looks bullish today

 

[Dentalfloss]

sudden death...9380 to make this chart bullish
1 min data
0.1 % box size..by 3 reversal

 

[Manya1983]

Morning All. Hope everyone has been rocking well.

CAD/JPY seems to be trading within a perfectly formed upward channel which is showing a flag pattern. A Good long could be 8800 as this conincides with the lower trendline of the flag as well as a bounce off the 20MA on the daily TF! Sorry cant post a chart but it's the only thing which stands out to me this morning.

Would be interested to hear what anyone elses take is on this.

 

[Chelski]

SD, Signal on FTSE 9:30 Candle. Not sure i would short this market though!

 

[lapalabra]

Morning All. Hope everyone has been rocking well.

CAD/JPY seems to be trading within a perfectly formed upward channel which is showing a flag pattern. A Good long could be 8800 as this conincides with the lower trendline of the flag as well as a bounce off the 20MA on the daily TF! Sorry cant post a chart but it's the only thing which stands out to me this morning.

Would be interested to hear what anyone elses take is on this.

Watching it closely, Manya. On the daily the closes have a lower channel line @ 8855, but the 8800 on the daily lows would be a safer option for a long - if the horizontal res @ 8840 holds. I will be looking on lower tfs for a bias change at all those levels above, as I expect us to retest 8,940 after previous failed breakout.

Similar channel set up on the gbpjpy, but agree euro is clearer and the better on that side of the pair.

Opening range breakouts continue to treat me very well, EURCAD currently long from the overnight range on a retest of 15,400 - currently +70ish, EURJPY + 22

 

[lapalabra]

Morning All. Hope everyone has been rocking well.

CAD/JPY seems to be trading within a perfectly formed upward channel which is showing a flag pattern. A Good long could be 8800 as this conincides with the lower trendline of the flag as well as a bounce off the 20MA on the daily TF! Sorry cant post a chart but it's the only thing which stands out to me this morning.

Would be interested to hear what anyone elses take is on this.

13.30pm housing starts, CAD - shouldn't be much surprise, but heads up nonetheless

 

[papak]

Good mornig all,
Just back from holiday, catching up this morning with what;s been happening. See that FTSE and SP500 have been going up like I expected, if not a bit choppy.
Hope you have all done well.
Will post some analysis later this afternoon.
papak

 

[Geofract]

Opening range breakouts continue to treat me very well, EURCAD currently long from the overnight range on a retest of 15,400 - currently +70ish, EURJPY + 22

Very nice Mr. Lapster, well done! :clap:

 

[lapalabra]

Very nice Mr. Lapster, well done! :clap:

Cheers - shouldn't really have had two euro trades running simultaneously though.

See CADCHF on the 5M- opening range 9966 / 9982 from yesterday night to 3am. 4am retest and then the usual second retest @ 8am. That should have been the second trade.

 

[lapalabra]

Good mornig all,
Just back from holiday, catching up this morning with what;s been happening. See that FTSE and SP500 have been going up like I expected, if not a bit choppy.
Hope you have all done well.
Will post some analysis later this afternoon.
papak

Hey Papak, welcome back!

Your expectations have proved well founded - I am all a googly right now reading up on time cycles, fascinating stuff.

Hope you had a restful break, look forward to your analysis.