SuddenDeath
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Dax is a strange beast
Funky Trader
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What sort of time frames are you fellas trading? Do you expect trades to last months, days, hours, minutes?
Talbs!
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Oh yes spent all day well offered now it doenst want to go back down ! lovey stuff! short at 04 leaving it over night !
SuddenDeath
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all time frames, if it works run it if it does not hedge/cut it
Talbs!
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Normally a few hours but if your lucky minutes ! Depends on the trade ! Sometime sif you confident on your position you might hold it all week, each trade is different and market conditions change very quickly !
TrendLines
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I just trade what I see. As in the Spike in the Dow and FTSE at 2.40pm caused by the Chicago PMI. Just went long and waited for the uptrend to slow to a halt and got out lasted about 12mins then waited a few
minutes and went short and got out quickly.
Funny how the dow shot up before the PMI results were even released.....
minutes and went short and got out quickly.
Funny how the dow shot up before the PMI results were even released.....
Talbs!
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You can pay to get the chicago pmi 5 mins before the release, it is legal aswell, we used to at our bank but cost cutting means not anymore, alot of the locals at arcades chip in and get it aswell, so always moves before 2.45 !
SuddenDeath
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chicago PMI was very strong has been trending up nicely
TrendLines
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If only I could afford to have all this information live, without any delays, would be fantastic!
TrendLines
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I should have held my Dow short longer. Oh well, you live and learn!
SuddenDeath
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FTSE closes -46 yesterdays sell pivot did its job well
SuddenDeath
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glad to hear it
SuddenDeath
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posted the above yesterday at 1.18pm
barjon
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Ok, here's what happened for every quarter of an hour after the fictional trade up to 16:30 and cumulative.
Just before 16:30 sell ftse price 6299 (+7.5 on trade) and buy dow price 13886 (-2)
With the stakes at 2ftse, 1 dow that's +15 on ftse and -2 on dow = net +13
Not bad for an almost random entry made at the time of discussion
Attachments
SuddenDeath
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Ok, here's what happened for every quarter of an hour after the fictional trade up to 16:30 and cumulative.
Just before 16:30 sell ftse price 6299 (+7.5 on trade) and buy dow price 13886 (-2)
With the stakes at 2ftse, 1 dow that's +15 on ftse and -2 on dow = net +13
Not bad for an almost random entry made at the time of discussion
excellent system.
barjon
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you'll have also noticed that my mistaken short/long got to -13 during the same time so it wouldn't have mattered which way you went - there was a profit from both.
It is an excellent strategy especially for range markets.
I've played in the past with Dow/SP500 who go very close.
Problem with them is you don't know when to close the trade. No exit strategy
Last edited:
SuddenDeath
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it must be like a pendulum just wait for it to swing your way and then take the profit.
