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

[littleluca]

That was off the RBS website....

 

[candles]

closing that long here for a 4 pip loss.

 

[littleluca]

2 more mins

 

[wallstreet1928]

post market analysis


Gold falling.............we may get a late rebound!!

I will update with commentary soon


but brief summation

FTSE

1 week 1 hr chart - I am looking to go long around 3745- 3755




busy with day job

 

[vchohan]

Hi vicks, do you have a link to that show.. couldnt find it on bbc iplayer anywhere?

Hi I can't seem to find it I just turned the TV on and there is was think it was on ITV2 or 3 but i'm not sure.

Vikash

 

[vchohan]

Good morning chaps, I am up early due to the positions I opened last night

Looks like my analysis was correct and I have already hit my daily target

I opened up short on S&P last night (adhering to my trading plan as it broken below 815, please check my weekend analysis) and I went long on GOLD as my analysis showed that the market was gong to fall which means that gold is back in favour(flight to safety)

both trades have paid me great dividends

gold made a total profit of $4

S&P made a total profit of 100 points

its a shame I didn't go short on FTSE as well but i learnt my lesson not to go long/short on 2 indices at the same time on friday

as I type oil has hit $51.2 exactly ......................mystic meg couldn't have predicted better!! heheee!!

i apologise for not posting the live trade of S&P as well but because It was late last night , I just thought it wouldn't be of any help to anyone as all asleep

Fantastic trade WS!
I didn't trade it though as I'm staying on the sidelines for a while.
Was also looking at a short on Barclays on the close to profit at 155 would've been a nice 20 points there and 100points on the S&P.

Vikash

 

[Dentalfloss]

post match analysis
the triangle i pointed out for all you p/f people,broke downwards.to the main support areas
p/f traders can happily double the position size when a triangle is formed

 

[Trader1UK]

That was off the RBS website....

Thanks, so i guess theyre using CMC as their provider..

 

[Dentalfloss]

wrong chart.here is the right one

 

[Trader1UK]

Hi I can't seem to find it I just turned the TV on and there is was think it was on ITV2 or 3 but i'm not sure.

Vikash

No problems mate... ill try n find it if i can..

 

[wallstreet1928]

S&P analysis

will post commentary as the trading day comes to a close

I will be looking to go long S&P around 780 provided i get the right set up

 

[Dentalfloss]

this latest uptrend has a bit more tolerance before it can be classified as downtrend.although a break to 3720 area classifies it as bearish ,it still has not broken the uptrend line
eod data.30 point box size.3 reversal

 

[wallstreet1928]

Fantastic trade WS!
I didn't trade it though as I'm staying on the sidelines for a while.
Was also looking at a short on Barclays on the close to profit at 155 would've been a nice 20 points there and 100points on the S&P.

Vikash

thank you my friend, I wish you the best in your trading too

may it reap great dividends

but we can't get excited as another challenge of hitting our profit target meets us once again on the morrow

 

[Dentalfloss]

i have a spare ticket for master investor
april 25/saturday
the design centre in islington
free ticket
david linton
simon cawkwell/evil
and others speaking
pm me if you want it

 

[wallstreet1928]

I have opened up a long position for tomorrow

I am long 3756 ........ stop loss 3726

target 3786

 

[vchohan]

Hey WS did you open that long position on the s&p at 7800 nice bounce off the support line!

Vikash

 

[wallstreet1928]

Hey WS did you open that long position on the s&p at 7800 nice bounce off the support line!

Vikash

Wi ay man (got in at 779.4) ..........amended it to break even!!

yes my friend

I always trade my plan

I am currently learning how to trade currencies in order to get a better grasp of oil and gold fluctuations so its going to be hard for me to update the blog instantly from now but i will give you my entry points in advance for all those interested

I did manage to post my long trade on FTSE earlier

happy trading all

 

[wallstreet1928]

Wi ay man (got in at 779.4) ..........amended it to break even!!

yes my friend

I always trade my plan

I am currently learning how to trade currencies in order to get a better grasp of oil and gold fluctuations so its going to be hard for me to update the blog instantly from now but i will give you my entry points in advance for all those interested

I did manage to post my long trade on FTSE earlier

happy trading all

make that amended to trailing stop loss 783

 

[wallstreet1928]

I have opened up a long position for tomorrow

I am long 3756 ........ stop loss 3726

target 3786

sold 2 contracts @ 3770 , amend 1 contract stop loss to break even


not comfortable with 3786 target after further research

 

[wallstreet1928]

sold 2 contracts @ 3770 , amend 1 contract stop loss to break even


not comfortable with 3786 target after further research

sold last contract @ 3772

not comfortable with remaining in long position

already made 50% of my target for tomorrow, so it can be an easy day for me on the morrow