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kotkot

Dow/nq/sp&dax/ftse&aus

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This thread will be for expert traders who trade the cash markets for the equity indices.

Daily recommendations for trades based on different tranding strategies.

Analysing the results of different trades at the end of the trading seesion or the close of the trade.

 

kotkot

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Date: Wen 11/11/2009

Dow tested the 50% Fibonaccie level @ 10335. The result was respect.

Expect another retest, and if the result was respect, then we will sell aggressively with a target of 10000 or 9750.

Edited by kotkot

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Date: Tus. 17/11/2009

 

DOW has broken the 50% Fibonacci level at 10,334 up to 10,430.

The question is where the highest level DOW could reach just before a price correction will happen.

If we could know that, and sell short at this level, a fast profit from a correction between 10 to 12% in a matter of a week or two.

Let’s try to predict the highest DOW before correction:

1- Resistance level at 10,500 to 10,540 or 10,650 to 10,750.

2- When SP500 reaches 50% Fibonacci at 1123.8.

3- When RSI on the DOW weekly chart >= 70 (Today it’s 68.23).

4- Any bad news could confirm the correction.

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Hi kotkot i asked do u use charts for APS or AP and what software do u use for charting?I use E-signal but it is a bit pricy i am looking for something cost less.Good luck.Youri.

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Hi kotkot it looks like u trade CFD,s.AP-it is a code

for SPI-200 futures.AP-day time only,APS-24hours.And when u look at charts they look different.Good luck. Youri.

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12/11/2010

The DOW is currently correcting from its high 11,476 and DAX from 6,811 and Aus200 from 4,825.

Is it a secondary correction or heavy one? Is it a 10 to 12% correction or just a small one of 6 to 7%? Where each of these indices will hold? May be at the 200 MA on the daily chart if it is a heavy correction or it might hold at the 25X5 MA on the weekly chart?

.

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27/12/2010

DAX Cash Index CFD’s:

Unexpectedly DAX fall at the opening from 7,057 to find support at 6,950. The China rate hike was the reason. Next support level is at 6,900.

Today’s Recommendations: Buy at 6,900 support level. Targeting7,250 by the earning season mid Jan.2011.

Or Buy above 6,980 aiming the same target.

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