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

[dr.blix]

i realise this isn't an equities thread, but i'm looking at Sterling Energy (SEY) at the mo, its sitting on a 50% retracement (+ recent price support) @ 2.9p from a recent up move.

company might be in a bit of hotwater though, as it's looking to sell off assets or even the company as a whole (it's in talks now).

gimme a shout if anyone is watching them.

 

[Chelski]

SD 13:00 candle gave entry long, Support at S1 and i have bounce on a trend line.

 

[SuddenDeath]

SD buy signal 4710.8

US data out at 1.30 productivity and Labour costs

 

[kaisen]

Who upset DAX?

 

[Manya1983]

Lets see Lapa. As it is I traded it via a set order so my position got opened at 8800. 40 SL.

Not much volatility around as per se, simply a tight trading range which is why I think Support/Resistacne will play out as expected. Thats the plan anyways.

Stopped out. Next long attempt will be at 8600.

 

[masnachu]

FTSE 665 next poss supp area?

Nice break in-retest on Eur£.

£$ Holding up quite well at mo.

£Y and FTSE still running pretty much together.

nice price action around the Dark cloud pattern on £$ & £Y.

 

[wallstreet1928]

key levels for today

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

DAX 5440 ...

FTSE 4730

amend to break even ..........

target almost reached .......

 

[lapalabra]

Stopped out. Next long attempt will be at 8600.

Yes Manya, there was no reversal price action for me, it just kept on botoming with some sidewards gig. I can't tell you how much strife and money I've saved simply by waiting for a confirmation of a reversal and having a method to assess it, rather than opening a position at a res level on an expectation. Might get me in later to a trade, but for me its working out to be a lot safer and a big saver.

CAD getting battered generally it looks like, maybe the 11k shortfall in housing starts or run up to tomorrow?- working out nicely on my eurcad, anywho, up +166 pips

 

[SuddenDeath]

thats an excellent trade, i didnt think it would...

FTSE sell order if we go below yesterdays low (4688 on my chart). Think we will drop back to 4500 area.

fall that far down. currently 4671

 

[melanie911]

hey 65000 how are you doin?

?

 

[melanie911]

4.5k on the FTSE? On what basis....?

on charting

 

[london_lad]

Why sudden drop in FTSE?

 

[london_lad]

it bounced of 200 MA on hourly chart

 

[SuddenDeath]

DOW opened and was seen down 80

Why sudden drop in FTSE?

....I expect down to close up, which seems unlikely

 

[masnachu]

nice CAD trade there Lapalabra guess the drinks are on you tonight

 

[wallstreet1928]

watch 4680 chaps..............

market will try its very best to trade above it ................

 

[dr.blix]

i can't wait for the next crash in 2020...i fully intend to clean up. :cheesy:

 

[Geofract]

i can't wait for the next crash in 2020...i fully intend to clean up. :cheesy:

lmao!

edit: I better hurry up and finish this project, work is getting in the way, and the Lapster is nicking all the pips

 

[wallstreet1928]

i am long 4665 ...stop loss 4635

target ............ 4695

 

[papak]

Just put the orde on and had a power crash. Looks like FTSE has crashed too
If my cycle analysis is right this is the start of a down move for at least a week.
Holdong on. Stop at 4730. Will trail stop in next few days