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

[cadoganpier]

Excuse my ignorance but does the FTSE behave markedly different after hours Rez?

 

[rezadamus]

Excuse my ignorance but does the FTSE behave markedly different after hours Rez?

just moves with the US (in a nutshell)

 

[cadoganpier]

so do you still trade the FTSE or the US then, is there any real advantage either way?. ( sorry for all the questions)

 

[rezadamus]

so do you still trade the FTSE or the US then, is there any real advantage either way?. ( sorry for all the questions)

i still trade the FTSE (occasionally), only because I prefer to view my P&L in sterling and i'm used to it...

 

[bennie83]

it will drop now...but i wont short...I will long at around 50% retracement (probably)

where would you mark the retracement from (from which low to which high?). I guess you'd use fibonnaci...?

 

[bennie83]

I've heard a lot of traders say they don't like trading the FTSE and prefer the US indexes, not sure why this is, but I feel more comfortable with the FTSE.

 

[rezadamus]

fib- from the low at 13.10...which is 4106.3...that thats just an estimate...just that momentum of the marketand RSI to give u clear direction

 

[rezadamus]

fib- from the low at 13.10...which is 4106.3...that thats just an estimate...just check the momentum of the market and RSI to give u clear direction

 

[rezadamus]

i bought ftse at 4165.5- tight stop to see if it bounces off the 8MA

 

[rezadamus]

i bought ftse at 4165.5- tight stop to see if it bounces off the 8MA

moved stop to break even....sorry this site is so slow today...i can place trades and update this exactly at the same time

 

[SuddenDeath]

does BP report tomorrow ?

 

[rezadamus]

moved stop to break even....sorry this site is so slow today...i can place trades and update this exactly at the same time

closed for 5 point profit...60 points or there abouts for the day...iv had enough! Best of luck for the for of the days guys

 

[rezadamus]

This held out after all....closed at 4157 for +40

good trade!

 

[rezadamus]

closed for 5 point profit...60 points or there abouts for the day...iv had enough! Best of luck for the for of the days guys

56.3 points to be exact...could have been more had i not made some careless errors- oh well, we live and learn-

 

[dawntrader1]

56.3 points to be exact...could have been more had i not made some careless errors- oh well, we live and learn-

very well done...

 

[rezadamus]

sorry couldnt resist, bought ftse at 4176.8 only 6 point stop...i think it has more to go

 

[rezadamus]

sorry couldnt resist, bought ftse at 4176.8 only 6 point stop...i think it has more to go

ok i got stopped out for 6 point loss......but still think it will shoot up...but too tired to track it...

 

[rezadamus]

went long ftse at 4164.8 10 points stop

 

[rezadamus]

went long ftse at 4164.8 10 points stop

position closed out at break even ...thats def it for tonight!

 

[Dentalfloss]

ichimoku chart of s500
hourly data