Oops --there i go again ---meant overbought of course (lol)----
QPP short closed out @ 146.5p ---7.5 pt. drop banked will do for the moment !!-- i do see a drop further in the short term tho' from oversold but it'll have to be a long then .-- If 140p holds then going forward i see resistance at anywhere between 160p and 180p being very tough to overcome in the short-term ---- GLA.
Oops----12040 & 12060 of course was what i intended to post !!--
FP --Good Morning ---QPP shot up again this morning , i see ---i've gone with a little short @ 154 p , let's see !!-- GL on the Dax shorts ---- The 4 hourly break @ 11910 triggered me long in the wee small hours --i'm still sticking with longs in the main with a 50pt s/l as it's still extremely bullish atm. Just closed @ 11940 ( 130pts) ---back in if highs of 11960 are breached !!--- 11940 looks to be the battle-area as i post .---- GL.
Well my posted level on the 4 hourly of 11940 was only 1.8 pts out (lol) --altho' daily high was 11952 ,i believe -- Anyway dropped back down off the 4 hourly @ 11940 very predictably ----so it is still in the 4 hourly downtrend channel from the 12217 highs atm !!-- Ftse100 very dismal ---6700 is the bottom if it chooses to try for it !!-- Dow stuck in no-mans land atm ---- Gold heading back down to 1180 and Light Crude heading back down to $46 /barrel ----- GLA.
FP---Good Morning and well done on TRP !!-- I'm still doing very well on the Dax --100pts this morning off the dip to 11800 --thought i'd missed the bus with closing yesterday @ 11885 but it's given me another chance (lol) ----- Doubled up on Ftse100 long @ 6860 to give me an average over two posns of 6875----then closed out both @ 6880 ( +10pts )----- Ftse100 not my thing normally so out again now 'till it closes above 6900 or higher !!--- GL.
Dax long closed out just @ 11885 ( +123 pts. ) ---getting a bit ahead of itself now as Dow rises ----banking as i go -- GLA.
Have to say ---unlike many times in the past , the Dax is now behaving in a very good and much more predictable manner ---far more so than either the Dow or the Ftse100 atm --- Just a thought !!-- GLA.
Well everyone ----put me back long @ 11762 ,so only missed out on 12 pts. (lol) Spirited recovery attempt on the long term 4 hourly uptrend channel bottom line ----closed right on my posted level but looking more closely , still below the 4 hourly channel --rising still on the futures tho' -- 4 hourly downtrending channel top line from the 12217 high needs to be broken to the upside now @ around 11940 atm. for any upward continuation --- Fingers crossed for tomorrow !!---- GLA.
Correction on Dax pts.----- +118 not +128 --- GLA.
Well, took my points on the Dax @ 11750 (+ 128 ) ----- Ftse slightly in the red atm. -- If the Dax gets back above 11755/60 i'll be back as arnie would say !!-- GLA .
Hmmm--just triggered my Ftse100 long @ 6889.8--- GLA.
Dax has bounced off its 4 hourly rsi oversold @ 29.4 -----but unfortunately unless we get a close today above 11830/40 ish then the 4 hourly uptrend channel from Jan this year will have been breached to the downside !!--- GLA.
Afternoon All ---well, Dax low today was around 11618 i think -----only 18pts. from SirG's previously posted 11600 level !!--- Unfortunately the main catalyst for the falls everywhere seems to be on the news from germany about the tragic air crash and possible reasons for it !!--- I'm long the Dax from the low 11600's --- Took a good few pts. on the Oil drop and the Gold drop this morning ---out of both again atm. -- Have a long order on the Ftse100 for 6890 ---fingers crossed !!-- GLA .-----
Woow ----got that just right ---dropped 24 pts seconds after ---somebody up there still like me (lol) -- GLA.
Dax long closed out @ 11973 just ( 72pts) ----do me for now ---- GLA.
Jesus ,heavens to betsy ---Gold has got a bit of the spring weather up its backside (lol) ---1200 the top for now ?? ----who knows !!----- GLA. --my Dax long doing well atm.----
Dax short closed out @ 11900 (117pts.) --- Trying a small long now !!---- GLA.
FP --Morning ---that Dax 12020 level i posted about yesterday still res. --switched "tac" today to short off that level -----going well atm. --- GL.
Hmmm --out @ 12021 just -----12032 the high to beat !!----12020 now putting up a bit of resistance !!-- GLA -----