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

[Geofract]

<cough> Doctor Phil 😉 😉

So you mapping those swings out on the FTSE ?

😆 😆 Yeah, I like that method, and as Dr. Phil says, it saves trying to work out if a pattern is a Bear Flag, or whatever else... just look for bias changes.

 

[lapalabra]

Closed CAD/JPY for +20.

I think the US open will push it back up to 8.600 which should give me a re-entry for another short.

She wants to go down...

 

[lapalabra]

😆 😆 Yeah, I like that method, and as Dr. Phil says, it saves trying to work out if a pattern is a Bear Flag, or whatever else... just look for bias changes.

😕

Did I miss something...? What is that method to identify bias changes?

 

[lapalabra]

I am looking to go long at 4420.

Goldmans raise their year end target for S&P. Leading US Indicators show recession is easing. UK House prices rising. CIT likely to avoid bankruptcy. All point to another up-day.

🙂

Hey Manya, how do you see us reaching 4420?

EDIT: OK as I wrote that FTSE drops like a stone - where did you see the move down coming from Manya?

 

[wallstreet1928]

I am short 4432 ...stop loss 4452

targer 4412

 

[papak]

Exited SP500 trade at BE. Dont want to give away winnings back to the market.

 

[Geofract]

😕

Did I miss something...? What is that method to identify bias changes?

Theres a good article and a couple of vid tutorials about bias changes on PN's site Lapster.

 

[lapalabra]

Theres a good article and a couple of vid tutorials about bias changes on PN's site Lapster.

Cheers, I'll do that tonight so I can join the club - I feel left out when I don't understand you guys. Last to be picked for the gootball team :|

 

[Manya1983]

Long at 4,427. 20 point SL.

Lara - Just expected a pullback to 20MA and saw price was at top of Oscillators and the consecutive Doji's. Nothing too techincal.

Shame about the CAD/JPY, although I'm still sure it'll make another attempt for 8600.

🙂

 

[SuddenDeath]

hello can anyone help me please.

 

[masnachu]

😕

Did I miss something...? What is that method to identify bias changes?

The link I posted this morning. Not really a club , like I said I learnt the principle a few years ago from Williams , I just remembered the word "bias" from phils site.

Geo/Lapalabra , I'll post a bit more on the Williams version later after the close.

 

[masnachu]

hello can anyone help me please.

With what ? your shoelaces ? 😉 😉

 

[SuddenDeath]

I need to find out where 70% of Fridays ftse futures volume occurred, I am trying to find Friday's "value area" similar to market profile.

 

[Manya1983]

Long FTSE at 4427 now moved to Break Even.

🙂

 

[lapalabra]

Long FTSE at 4427 now moved to Break Even.

🙂

I waited for R2 to clear - doji on the 10M was cause for pause but price was always pushing upward.

Only longs today on FTSE - entry @ 4338

 

[masnachu]

I need to find out where 70% of Fridays ftse futures volume occurred, I am trying to find Friday's "value area" similar to market profile.

Ah right, sorry haven't got Futs intraday data with volume , Liffe site only shows data no volume , the only other link to intraday has only got FTSE cash. Historical stock data

 

[lapalabra]

I waited for R2 to clear - doji on the 10M was cause for pause but price was always pushing upward.

Only longs today on FTSE - entry @ 4338

Nearing market close, don't want to be around for last minute sell off, out for +10

 

[london_lad]

SD - mate, your technique worked, but not very great though. See:
DEAL Closing trades 20/07/09 DCKJU7AD FTSE 100 Cash (£2 Mini Contract) - 4447.5 £ +0.25 4449.8 £1.15


Left it for almost half day, it swinged back quite a few times, had to pull out before market closed though. Not too bad, any other things we can combine with it to get stronger signals? Btw, guys fibionacci stil holding up, it hasnt broken it yet.

 

[london_lad]

lapalabra: what was your signal to enter long?

 

[papak]

Well that was a stupid thing of me to exit the SP500 trade. Fear got in the way. The chart below shows what happened, recognised this too late... Well at least I didnt lose any money.