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

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

need to take out 5320 on the ftse
tick data

2an9g8.gif
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

a closer look

105t7yp.gif
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Nasdaq - wedge formation on hourly chart , also inside bar

lower highs
 

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

ws...this is how it looks in p/f
basically,the chart is a mess.no direction...i think

2iaaqfb.png
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

ws...........NICE ONE
keep em coming

QUOTE=wallstreet1928;995044]Nasdaq - wedge formation on hourly chart , also inside bar

lower highs[/QUOTE]
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

got the break on the ftse.when it broke 5320.closed now at 5273.missed the nas move,had to take one of my daughter"s to a university gig
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

what made the market break at the death.???
no inkling of ituntil the last down colun
anybody know..??
there is an upside failure at 1800..but no indecation of a big move down

2lmky89.png
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dollar rally at 8pm.uk time
not usdjpy.all other major dollar crosses tankes against the dollar
what sparked this one..??
anybody know
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,366, -86.60, -0.83%) , which was flat through most of the afternoon, ended with a 86.53-point loss, off 0.8% at 10366.15.

TODAY'S TOP MARKET STORIES


DOW INDUSTRIALS (DJIA)

12,00010,0008,0006,000FAJAO

• Market Snapshot: U.S. stocks in focus
• Market Topics: Dubai

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• Technology stocks | Energy stocks
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• Bond Report | Oil News | EarningsWatch
• Currencies | Market Data | Economic Calendar/conga/story/misc/markets.html 44793 The Nasdaq Composite Index /quotes/comstock/10y!i:comp (COMP 2,173, -11.89, -0.54%) fell 0.5%. The S&P 500 /quotes/comstock/21z!i1:in\x (SPX 1,100, -9.32, -0.84%) fell 0.8%, led by a 2.1% slide in its financial sector, which is particularly sensitive to potential changes in Fed rate policy.

All its other categories posted declines as well, except telecommunications and utilities, which each rose a few tenths of a percent.

St. Louis Fed President James Bullard, late in the trading session, hinted that an economic recovery with anemic job growth wouldn't necessarily preclude the central bank from raising interest rates.

"If a tepid recovery in labor markets is just the new reality ... then you shouldn't be saying, 'oh, we are just going to keep interest rates where they are,'" based on labor-market issues, Bullard told Dow Jones editors and reporters.

Worries about an employment report due Friday morning and consumer spending also weighed on stocks throughout the session, though the market drew some support from Bank of America Corp.'s /quotes/comstock/13*!bac/quotes/nls/bac (BAC 15.48, -0.28, -1.78%) move to repay its federal bailout money.
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dentist007 said:
dollar rally at 8pm.uk time
not usdjpy.all other major dollar crosses tankes against the dollar
what sparked this one..??
anybody know
Click to expand...

most people are bearish on the dollar ---> short squeeze?
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

dentist007 said:
dollar rally at 8pm.uk time
not usdjpy.all other major dollar crosses tankes against the dollar
what sparked this one..??
anybody know
Click to expand...

morning dentist

the white house released a very unusual/unexpected statement regarding the unemployment number yesterday hence dollar rally .........

They stated that unemployment is expected to tick up more than expected, somewhere along those lines .....

I think they wanted to cushion the blow, hence the sell off towards the evening session in USA.....now it should already be factored in unless it is much much worse?

we shall see

but master resistance level remains on FTSE 5366-5376 ....if breached then bias changed to 5500-5600 and even 6000
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

wallstreet1928 said:
morning dentist

the white house released a very unusual/unexpected statement regarding the unemployment number yesterday hence dollar rally .........

They stated that unemployment is expected to tick up more than expected, somewhere along those lines .....

I think they wanted to cushion the blow, hence the sell off towards the evening session in USA.....now it should already be factored in unless it is much much worse?

we shall see

but master resistance level remains on FTSE 5366-5376 ....if breached then bias changed to 5500-5600 and even 6000
Click to expand...

It's funny, I had CNBC on last night (here) when they broke this story. DOW was flat when they announced it, then it ticked down about 40 pts over the next 2 mins or so and then came back up to about 10 pts down. Apparently the White House get the numbers the day before release...hmmmmm

Could be just the markets getting toppy at these levels.

A question to ponder as we run into the weekend - do we use news stories to justify market moves or TA? Funny how you hear commentators saying the market moved because of X, Y or Z story. Would pure TA have predicted yesterday's moves in the $ and DOW?
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

ws..thanks for that
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

SINGAPORE (MarketWatch) -- Asian stock markets were mostly lower Friday as a late selloff on Wall Street kept many buyers sidelined, while a battle for a slice of Japan Airlines saw that stock take off.

A weaker-than-expected result for U.S. ISM manufacturing and retail sales hurt sentiment for U.S. stocks Thursday, which fueled worries of a weaker-than-expected U.S. jobs report later.

Hong Kong's Hang Seng was 1.2% lower while Australia's S&P/ASX 200 was down 1.4% and New Zealand's NZX-50 had eased 0.5%.

Japan's Nikkei 225 was flat. South Korea's Kospi Composite was up 0.3% and China's Shanghai Composite had gained 0.1% while Taiwan's main index was flat.

Dow Jones Industrial Average futures were 5 points higher in screen trade.

Japanese stocks were seesawing between positive and negative territory as profit taking was somewhat offset by optimism over yen weakening. "The recent change in the government's stance toward the market is supporting sentiment; another round of buying may start next week, if the yen (slides) further," said SMBC Friend Securities senior strategist Toshihiko Matsuno.

Japan Airlines was up 5.4% as speculators bought on the intensifying battle between AMR's American Airlines and Delta Air Lines to acquire a stake in the ailing Japanese carrier. American Airlines said it was prepared to invest $1.1 billion in the ailing Japanese carrier along with private-equity firm TPG, trumping a previous offer by Delta Air Lines.

Korean shares were getting some support from technology plays with Samsung Electronics was 0.7% higher and LG Electronics was up 1.3% while Daewoo Shipbuilding rose 2.7% on news it won a $450 million ship order from Germany.

But Hwang Bin-ah at Kyobo Securities said investors should be cautious about chasing the market further up given slack momentum. "I think other investors should restrain from any catch-up buying for now because I can't see any visible upward momentum."

China shares were getting support from hopes that the upcoming annual economic-planning conference could generate some positive news.

"Stocks will remain strong in the near term as we expect the Central Economic Working Conference to produce a supportive blueprint for the following year's economic policies," said Li Wenhui at Huatai Securities.

In Hong Kong, the market was taking a breather after a four-session rally with property stocks falling. Henderson Land was down 2.6% and Wharf was 2.1% lower.

Shares in Sydney were tracking Wall Street lower, though some stocks were outperforming after they were included in the S&P/ASX 200 index. Among them, Ardent Leisure gained 3.5% and Biota rose 4.1%.

Among other regional markets, Singapore's Straits Times Index was down 0.4% while Malaysia's main index was off 0.2%. Indonesian shares were up 0.2%,
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,721.20 5:47am -68.10 (-1.42%) Chart, Components, more...
^BSESN BSE 30 (India) 17,269.41 6:51am 83.73 (+0.49%) Chart, more...
^HSI Hang Seng (Hong Kong) 22,481.58 6:46am -72.29 (-0.32%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,494.60 7:01am -5.44 (-0.22%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,270.85 7:00am -1.50 (-0.12%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,146.46 4:31am -7.47 (-0.24%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 10,022.59 6:00am 44.92 (+0.45%) Chart, more...
^NSEI S&P CNX NIFTY (India) 5,153.60 7:01am 21.90 (+0.43%) Chart, Components, more...
^KS11 Seoul Composite (South Korea) 1,624.76 6:02am 9.76 (+0.60%) Chart, Components, more...
000001.SS Shanghai Composite (China) 3,312.49 6:46am 47.86 (+1.47%) Chart, Components, more...
^STI Strait Times (Singapore) 2,796.34 6:46am -11.84 (-0.42%) Chart, Components, more...
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Foreign exchange majors traded in tight ranges as investors awaited cues from the U.S. nonfarm payrolls data due later in the global session. The euro was at $1.5062 from $1.5075 in late New York trade Thursday, and at Y132.92 from Y132.96. The U.S. dollar was at Y88.27 from Y88.22 with comments from Japan Deputy Prime Minister Kan not having much of an impact on the market.

Kan told a news conference he wants the yen to weaken "a bit more," a highly unusual comment that underscores how concerned policymakers are about a potential rebound in the domestic currency.

The Bank of Japan's move this week to inject more liquidity into the market and officials' increased rhetoric against yen strength created "an important signal in terms of Japanese policy makers' readiness to take further steps if needed to stop currency appreciation," said Barclays Capital in research report.

The central bank's actions reduced risk of weakness for the dollar-yen pair and "could mark a medium-term turning point" though any sharper rises for the pair would require an increase in U.S. long-term yields, Barclays said.

Spot gold was at $1,203.50 per troy ounce, down $4 from the New York close. Nymex January crude oil futures were at $75.87 per barrel, down 59 cents from New York.

Japanese government bonds were lower, tracking Thursday's drop in U.S. Treasurys. JGBs were also weighed by worries about new supply, with the government expected to announce a new economic stimulus package later.

The lead December JGB futures was down 0.13 at 139.93 points while the 10-year cash JGB yield was up 1.5 basis points at 1.275%.
 
Re: Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

Da.DesiTrader said:
I am short on FTSE.
Click to expand...

Short from 5360 still on with stop above 5400. Also bought Touch 5400 for £3. So if market touches 5400, I will get £97. Marginal profit even if stop above 5400 is hit. Very cheap hedge (albeit, valid only for today).
 
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