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

[london_lad]

My short on EUR/GBP is taking slow steps down. Any downmove on EUR or up on Dollar would be much appreciated. FTSE burned my balls yesterday

 

[smbtnt]

Your projected target hit .. nice one.
What do you think will happen from here now.

5150-5160 an area of concern afterwhich 5450...

 

[papak]

we are getting close to my prediction

5110

Hi WS

I have 5160 -5166 as the next target.
Not that I am very successful at callingthe top lately!

 

[dr.blix]

data at 13:30 could jolt the market a bit. I suspect it will be better than expected. Isn't that always the case these days, because we have low expectations to start with.

which perhaps ties in with my rally theory? :cheesy:

 

[london_lad]

Hindsight is such a luxury. Just looked at the dailies chart TF, and noted that on 14th sep, it touched the lower end of trendline around 4950ish region and then bounced back above EMA50 around 4993. A jump back into 5000 with a few 10m candles would have been a sufficient signal to go long.

papak goodluck, may I ask why are you long now?

 

[dr.blix]

bizarre, the small caps now look completely disassociated from the blue chips.

 

[wallstreet1928]

I am long cable

1.6517 ..stop loss 1.6487

target

to infinity and beyond

closed for + 10 points

I have used the profit to add 10 more points to my FTSE stop at no extra cost

 

[wallstreet1928]

I am short FTSE 4093 ...stop loss 5023

target 5063

used 10 points profit from cable trade to increase stop loss at no extra cost

short FTSE 4093 ..stop loss 5133

 

[PaulHClark]

Did the Duracell just run out on the FTSE?

 

[london_lad]

Hey Paul. How you doing mate. I dont know if you got my mail and replied, cant access it from work. Cheers for the charts though. Did you manage to get screenshot working? (try just screenshot and not ALT+A)

Also, if you have acrobat, you can print it into a PDF directly.

 

[wallstreet1928]

I am long cable again

1.6519..stop loss 1.6479

target 1.6560

 

[PaulHClark]

London_lad - yes got your e-mail and sent you another reply this am

 

[london_lad]

The UK index is up 45.7 percent since touching its March lows, though is still 6.9 percent below the level it was in mid-September 2008 before the collapse of Lehman Brothers.

 

[kaciara]

kaciara, I think your stop is too lose. I would suggest something above 5065 (expect whiplash at the us retail), - only if you are comfortable with money management.

y stopped but 5050

shorted 5115

 

[kaciara]

and long cable 1.65

 

[wallstreet1928]

I am long cable again

1.6519..stop loss 1.6479

target 1.6560

stop loss gobbled up

 

[london_lad]

nothing happened on 13:30?

 

[lapalabra]

nothing happened on 13:30?

Some movement on caddy but thats it

 

[dr.blix]

ooh that 1400 US data looks pretty crap!

 

[london_lad]

Guys, I am eyeballing a signal. on 15M chart, look at Sto 5,3,3 and RSI5. Signal valid only if price is above 200MA and 50EMA doesnt look like it is getting closer to cut into 200MA. Reverse for short. Worked for past few days, except for when it rallied above 5000. Stop above the previous high or below the previous low could contain the losses. Talking about FTSE ofcourse.