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Evening FP & Shaan :---welcome back both !!-- I'm doing very well still on the Dax ( bit of Dow as well) ---caught a good rise this morning and the fall from "grace " this afternoon . Certainly got a good yo-yo effect going on atm. --- I actually still think that Greece will stay in the Eurozone but it may be a close call with this volatility due to carry on for a while longer yet . All good for trading --- GL both ---
Getting to be a lonely un-loved board now this one !!---- Greece --in or out ? ---- answers on a postcard or in a bottle ---- GLA ----
Shaan --- Understand now ( dah) ----- He looks a real "shady" character !!----- Late drop on the Dow i see off the 11880 Res 1 ------ And yet another wedge on the 1 minute Dax ready to pop or drop monday morning (lol) --- All too much --as Arnie ( terminator 2) would say -- " I need a vacation "-(lol) ----- What else would we be doing if not attempting to make money all day ----- getting a life , i suspect !!--(lol) --- GL -----i jest , of course ??
Shaan_7 ------ met my target on a late long on the Dax and Dow !!--- Looking at the start of the day i am pleasantly surprised i have managed to do so ----helped along by a 20pt. rise in RDSB banked and bought back just before the bell --- Dax 11800 was support so well done for getting in there with your long --- 18220/25 was supp. on the Dow to look for --- " Vara Fuk us all " --???????? --- GL-----
Well---it was always looking like a down day today !!----- never mind there's always next week !!--i've got a bit of work to do to meet my weekly targets------(lol) --- GLA.----
Finally------a reversal on the Dax 1 minute trend !!--- GLA.
Expected pull-back on the Dax after the recent rise !!-- Not much to scalp or trade today ---a couple of small longs and a short just to keep my finger happy (lol) ----- Stay above 11800 and it's in with a chance of higher to come !!--- GLA.-----
Shaan_7 ---my nightmare is the "just one more trade" syndrome !! (lol) ---have lost some good profits on that one !!-- Swing trades can work very well if you get the right levels and can "afford" the possible underlying losses building up against you !!--- F4 has 11400 and 11600 ---two good levels --- A swing trade at 11800 ( current level) has every possibility of being lucrative as well given the "bullishness " of the Dax atm ---- GL.
Shaan_7 ----tut,tut ,hold back on that itchy finger a tad longer (lol) --- GL though ----
Well, the move was down ---let's see how far !!---- GLA.----
Shaan_7 -----well, it's just hit the intersection on that wedge ---let'see !!-- Dow futures not moving much ---tight channel between 18240/18260 ish -- GL----
Morning All ----nice to see you back FP . Dax behaved as normal around the 7 am open ---more easy pips -- Some good tradeable peaks and troughs along the way since then !!-- A good WEDGE forming on the 1 minute now with around 11810 as its intersection ----see if we get a good move one way or 'tother at that point ??-- GLA.----
Shaan_7 ---- Yes , was out all afternoon so no trading for me since early this morning . Still favour a small pull-back personally ---especially as the Dax finished the day on a fairly neutral candle !!--- But don't hold me to that (lol) ----4 hourly still just under overbought . Four reversals in the 1 minute trend today ---- Overall trend is up i suspect ---Dow is at record highs and Dax is lagging by some 600 points or so !!!--- F4's swing trades look to be doing very well for him --- GL.---
Dax may we pull-back to around 11700 ish before going up again to let the "steam "out a bit ----let'see !!-- GLA.
Morning Shaan_7 ------yes, Dax behaving as normal this morning at around the opening bell, nice easy pips there !!-- Yesterdays big rise was unexpected !!-- Dax reversed the 4 hourly downtrend yesterday on the rise above 11639 and this mornings pull-back is just bringing it back down from overbought ---all good for now --- GL.
DOW hitting new all time highs tonight --may see a pull-back worth trading as 4 hourly is approaching overbought !!---- GLA---
Shaan_7 ---Yes, i'm still sticking with my £10 / pt. 20/25 pts. at a time unless it's screamingly obvious like the big rise from midday's oversold low at around 11380 ish . I'm riding those trades as long as it takes (lol) --- I have 11605 as the closing level on a huge positive candle ( hammer) which should bode well for tomorrow !!--- Only thing is the 4 hourly downtrending channel has been touched now at 11605 but still only on RSI 60 ---will be interesting to see if it goes overbought and attempts to break the 11639 level ----a reversal of the 4 hourly trend is imminent in that case .--- Still heavily dependent on the Dow's movements , unfortunately --- GL. ---
And back up 140 pts. -----what a roller coaster --all hinging on the Dow as usual (lol) -- GLA.
Shaan_7 --Afternoon , wild volatility on the Dax again today ----over 100 point move up followed by over 200 points down all for a mere 50 point swing on the Dow !!!!!!-- Yes, that 7 am. action been occuring now on a regular basis . I suspect until the Greece thing is sorted then this volatility will repeat many times ??--- A close above 11640 is needed now !!-- GL.
Good Morning All (anybody) -----hope you're all doing well and banking the profits . Markets returning to the volatility we experienced early in the year ---nice if you can get it right !!----not always the case (lol)--- GLA ----