Australian (ASX) Stock Market Forum

The transition to Futures trading

Hmmm why the exit?

I'm in at 6525 stop to BE.

Thought this declining triangle looks ok.

Close resistance and cant do 50 things at once--like up dating the portfolio!!!
plus the Missus is giving me grief---on the computer when I should be giving her quality time!!

Gotta go!
 
Short the DAX 4 from 8313...

half off at 10, stop to BE
 
Triangle forming on FTSE. Clearer on 10 min chart.

What are people's thoughts?

Does this look like a continuation pattern down? The top has been touched a few times!
 
Stopped out, sell stop for 8308

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Triangle forming on FTSE. Clearer on 10 min chart.

What are people's thoughts?

Does this look like a continuation pattern down? The top has been touched a few times!

makes sense, might be choppy between the top and 6530..:2twocents
 
Nah, Its' going north, once its past 6636 and retested the b/o.

Time will tell.

agree if it test above 6540, its very thin above that:2twocents
 

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Can, what's the blue arrow, divergence ?

Just pointing at that big hole on the volume histogram where there was hardly any prints, the market must have rushed right through it. These areas can cause allot of short covering at times.
 
What about a setup each way?

40 long

21 short

I'd suggest a beer, it could go sideways for a while !

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Just pointing at that big hole on the volume histogram where there was hardly any prints, the market must have rushed right through it. These areas can cause allot of short covering at times.


But its a one minute chart and one bar spans the low volume area ?
 
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