Stocks index trading journal: sp500, dow, nasdaq, dax, ftse

Hello, lets my charts speak for self in my journal altough I don't have much trading experience. I use demo trading, but maybe live some day. I trade basic charts patterns and try to use common sense. If you have something to say about my style or anything, plaese share your words/charts, and you are wellcome to post your own analyses of stocks indexes also. Even this is a forex trading forum, trading methods are similar in any market, so dont care about what I trade, we are here to learn.


Disclaimer: If you should decide to follow and take any of the trades or trade suggestions I post here. I will not be responsible for your failure or any losses you may incure in any way whether financial, emotional, real, or imagined.

I went short dax at 4995 and ftse 4610, whitch are in futures contract dax 5013 and ftse 4574. Dax SL 5035 and ftse 4640 in real index values. Take profit is open.



Edit: I could go short also sp500, dow and nasdaq, but I only trade them when stocks active hours are in play.

It's hard to find a system which I could trade live someday when I'am ready, especially when I'am still demoing and trying all possible methods (naked as possible) and reading this forum for new things. I decide every other day how I will trade live and then I realise it doesn't suit my personality or it is too hard to trade; exits especially. But now I hopefully found the way I'am going to trade. It's based on weekly breakouts. It doesn't take me much time and I can adjust stop and limit orders at the end of the week. It's based on 4H charts and it requires checking charts a couple of times per day (I can make it if I'am at work or studying). It's disrectional but I can handle it. I will trade all major forex pairs with the system (no crosses like eur/jpy) and stop thinking about other ways to trade!



About those dax and ftse trades, they have been nice. I'll take profit when descending trendlines are broken, but a lot of room to go down still.

Lets continue a free fall!

I'am long fesx 1795, no fear of holding over weekend. Target 2000 and further, SL 1745. SP500 is also ready for a retracement to around 770.

Okay yesterdays rally was "too" big, and today when stock market opened at europe, there was no interest to push stocks higher and really heavy resistance makes traders feel fear, so I took profits at 1903 for 108 points. I was also long sp500 at 672.25 and took profit 715.75. Also look at those perfect bounces from trendlines.

peke: what broker do you plan to trade live for stock index???

fxsol-aus provide that but I am doubting why fxsol-us do not,

seems they go overseas to open up a bucket shop...

as to stock index, I have different explanations from fundamentals data today.

Hello billye, I will trade real index futures of cme group and eurex. Broker could be Interactivebroker or some another futures broker, I have not been thinking over them yet but I wont put any of my money to bucketshops.

interactivebrokers sounds good. when I open forex account, they asked me 20 questions in a online test to ensure I know forex...

I was put to nervous by them so I did not deposit to them after register... haha

any one trade DOW here?
seem DOW fly up and any idea about short this?

Hello jimo, sure there is heavy resistance between 7100-7400 and also upper trendline if we get a breakout of previous days low or a touch of the trendline there, I could consider to short it..

I'am testing fesx with short from 2025 (SL 2040) based on intraday setup. Daily is at serious resistance, so it might retrace.

Possible bulltrap at sp500, short 766.50 SL 769, great R:R if you ask me.




Edit. Stopped out for both fesx and es. that's life and crazy markets.

My short bias is working now. Shorted fesx at 2038 when intraday support turned resistance around 13.15 gmt+2. This is the postition which I will manage better than those previous when I catched the last bottom.



Edit: Look at Citigroup, It has rallyed over 200% in 7 days, that would have been an investement of the decade already when there was 3 days time to buy shares at 1 dollar.. Financials stocks are hot now but can it last?

Who is the broker? Can u please send a download reference for the trading platform

Nasdaq is stable over 4800 after test support with breakdown of consolidation zone 4900 - 4780, low for today 4759.45. For tomorrow I expect test to 4850, resistance points 4818, 4833.