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

[Da.DesiTrader]

Guys anyone know , how to use Trend and Confidence line using IG's advance charts?

 

[Geofract]

Geofract .................what is you H4 Bias on EURO?

has it stalled on the long side?

Hi WS, E$ H4 bias is short for now. I aware of a potential H & S pattern developing, though it has yet to be proved. For now I am looking for shorts.

edit: it does seem to have stalled on the Long side. On the weeklies it has formed a pin, and closed below its open. http://www.forexfactory.com/news.php?do=news&id=198759

 

[wallstreet1928]

YouTube - Weekend Technical Analysis - Double Top, M-Top, Master Levels, Key Calls And Forecasts...

 

[Geofract]

E$ H4 bias short pattern, confirmed with the break below the low of the 23rd.

However, In 4H terms, price could also be described as range bound, as price is caught between the swing low of the 21st and the swing high of the 22nd. You could adopt a range trading tactic, of buying support lows or selling resistance highs, until the pattern breaks.

It's a big range though, so I will continue to look for short entries.

edit: I have R1 as 1.4731, which aligns very nicely with my 61.8 fib of the previous swing - that's my first place to look for shorts.

 

[wallstreet1928]

I am long EURO ...1.4699 ...stop loss 1.4669

target 1.4729

lower lows on hourly ....from 1.465 ....

head and shoulder confirmed once 1.475 fails

then short this chap all the way down ......


but H &S not good for equity market as it will signal huge sell off there ......

 

[Geofract]

I have a unfilled gap to 1.4680 WS.

 

[wallstreet1928]

I have a unfilled gap to 1.4680 WS.

yes I can see that but it is showing as 1.4690 on my charts

also there is a great disparity between CMC markets and IG Index at present

CMC 1.4697 - 99

IG 1.4687 - 89



Strange?

 

[wallstreet1928]

Goodnight all i am shattered

I have put a buy order in US crude overnight to buy @ 66.2 ..stop loss 65.9

 

[Geofract]

yes I can see that but it is showing as 1.4690 on my charts

also there is a great disparity between CMC markets and IG Index at present

CMC 1.4697 - 99

IG 1.4687 - 89



Strange?

I have 1.4680 as the gap on the fx solutions charts I am using right now. IG make up the price as they feel like it I guess, but 10 pips difference is a little crazy!

 

[Geofract]

£Y has dropped 300 pips since the open. It is very odd me thinks.

Ok, till tommorow.

 

[Dentalfloss]

Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,675.80 6:20am -39.00 (-0.83%) Chart, Components, more...
^BSESN BSE 30 (India) 16,693.00 25 Sep -88.43 (-0.53%) Chart, more...
^HSI Hang Seng (Hong Kong) 20,675.82 6:25am -348.58 (-1.66%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,408.66 6:00am -35.92 (-1.47%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,176.90 27 Aug 4.34 (+0.37%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,131.18 5:31am 19.92 (+0.64%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 10,000.44 6:21am -265.54 (-2.59%) Chart, more...
^NSEI S&P CNX NIFTY (India) 4,958.95 25 Sep -27.60 (-0.55%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,673.61 6:20am -17.87 (-1.06%) Chart, Components, more...
000001.SS Shanghai Composite (China) 2,833.04 6:26am -5.80 (-0.20%) Chart, Components, more...
^STI Strait Times (Singapore) 2,630.07 6:40am -32.75 (-1.23%) Chart, Components, more.

 

[Dentalfloss]

Asia Markets
Sept. 27, 2009, 11:21 p.m. EDT · Recommend · Post:

Japan exporter shares skid as yen surges
Currency reacts to finance minister's indication of tolerance toward strong yenExplore related topics
Automobiles Asia Pacific Honda Motor Co Ltd Honda Motor Co Story
Quotes
Comments Screener (85) Alert Email Print ShareBy V. Phani Kumar, MarketWatch
HONG KONG (MarketWatch) -- Japanese exporters plunged Monday as the yen jumped to an eight-month high against the U.S. dollar, sparking fresh fears that repatriated earnings of automobile and electronics companies could take a hit.

The yen's latest rally came after Japanese finance minister reiterated the government's continued unwillingness to intervene in the currency market.

In early Asian trading, the U.S. dollar fell as low as 88.23 yen, a level it hasn't seen since January 21, according to FactSet Research data. The dollar hit a 13-year low of 87.10 yen that month, according to EBS. More recently, the dollar was buying 89.08 yen, down from 89.61 yen in late New York trading Friday.

The yen also soared against other currencies, with the euro recently changing hands at 129.96 yen, down from 131.70 yen late Friday. The British pound slumped to 140.78 yen from 143.00 yen Friday, and the Australian dollar slid to 76.67 yen from 77.81 yen Friday.

 

[wallstreet1928]

I am long EURO ...1.4699 ...stop loss 1.4669

target 1.4729

lower lows on hourly ....from 1.465 ....

head and shoulder confirmed once 1.475 fails

then short this chap all the way down ......


but H &S not good for equity market as it will signal huge sell off there ......

couldn't get to sleep last night

closed EURO + 20

Oil - 30

 

[wallstreet1928]

I am long oil 65.63 ...stop loss 65.33

67

 

[wallstreet1928]

I am long oil 65.63 ...stop loss 65.33

67

target hit + 32

 

[wallstreet1928]

ftse latest hourly

have off loaded all my longs on FTSE at resistance line 5090- 9096

I will not buy until we recapture 5100

 

[Chelski]

5080 needs to hold.

 

[pentlow1]

Does anyone know if there was some specific news that caused that sell off?

 

[wallstreet1928]

i am long ftse 5056 ...stop loss 5036

 

[wallstreet1928]

i am long oil 65.54 ..stop loss 65.24