Dow 2007

[Hook Shot]

Moreover...

......... these markets are getting very interesting .... and as ever indices are hiding an awful lot!

To me many global financials are in a perilous state ......citigroup, wash mutual, aig, countrywide, freddie mac to name but a few ...... Sure they'll get a dead cat bounce but they are badly wounded. We go on about a 100 or 200pts move in the dow (some of us) but some of these boys can give you 150pts in a heart beat .....

The Lads might be able to support the indices but they can't support every ailing stock .....Seek and ye shall find... D.Y.O.R.

Hs

 

[Hook Shot]

Gettin' exotic LL !

Tell that to IG who closed out my AUDCAD long at the market at 9pm. Turns out I didn't elect for it to roll over. They only offer spot in that cross, and I just assumed it would roll. Silly me. I could have gone back in and paid the spread, but the market was higher by the time I realised, and the RR wasn't there. Silly me indeed. Thankfully I was closed for a profit (even though this was a fifty pence per point trade as I am getting used to the platform).

Not much to say on the trade other than ..... it happens - and as you know you have to pay for your education in this game... :cheesy:


"I have money always in my thoughts and my desires.........."
I would only add (non trading) ....... that I read as a younger salesman that (big) money naturally comes from helping others get what they want .. I think it was from the one minute salesman (book). It's quite a powerful concept ...and can open up a new world beyond the wonderul world of trading.... perhaps

 

[lurkerlurker]

Not much to say on the trade other than ..... it happens - and as you know you have to pay for your education in this game... :cheesy:


"I have money always in my thoughts and my desires.........."
I would only add (non trading) ....... that I read as a younger salesman that (big) money naturally comes from helping others get what they want .. I think it was from the one minute salesman (book). It's quite a powerful concept ...and can open up a new world beyond the wonderul world of trading.... perhaps

I mentioned recently that I was going to be expanding my trading, and discussing it in my journal. A few weeks later, Trader_dante started an excellent thread discussing daily forex strategies - something similar in fact to what I was wanting to do - so I am now taking some FX positions - this was my first one using the strategy, but I was closed out at a profit at MOC because I didn't tell IG to roll it over. FWIW, the position has moved 30 points higher since my long was covered.

That is very interesting (the sales thing) - definitely something to keep in mind.

 

[Hook Shot]

So far so good!!!!

Without a sell off I can't justify a long into the Wed...

I want a sell off to 800 or below....... roughly 1/4 of the bounce off 409....

If it doesn't happen tough
- my new trading discipline cheesy: )
If I don't get what I want it can *** off .......

 

[Pat494]

Looks like support at 13795 ish ?
But will it hold ?
Hope you took your profit Hook meister

 

[Hook Shot]

Looks like support at 13795 ish ?
But will it hold ?
Hope you took your profit Hook meister

Hook meister - I love it
No still in .... looking to add more logs to the fire - but if the lads start playing games I'll cash in and wait for them to finish.... then .........

 

[black bear]

Shortboard

Looks like support at 13795 ish ?
But will it hold ?
Hope you took your profit Hook meister

Hope not

short board @ 06 , see how long before Im off air last weeks High

Andy

 

[Pat494]

Hi Andy,
I've been in for a short and out again already for a few points
seems like another support area 807
A bit close to old support area for another imo

 

[Pat494]

Right on it .
Interesting to see if it bounces
You could be right here

 

[black bear]

Dont no

Right on it .
Interesting to see if it bounces
You could be right here

Just fishing, tight stop still in errrrrrrrrrr just

Andy

 

[Pat494]

It bounced
should go to 820 before reversing imho

 

[Hook Shot]

No More Mr Dow....

I'm giving up guessing the direction before my luck runs out... :cheesy:

However, the day before Fed decisions this year (2007) have been usually a dip then a rally into the close ... often finishing at the highs of the day or pretty close...!

Lets see.... not a prediction just what's generally happened previously this year ... will it happen again ?

Haven't the foggiest

Dow 816

DISCLAIMER : Based on spx data listed on Yahoo........
I only did a quick review so this info might be faulty ..

 

[black bear]

Gone 18

Just fishing, tight stop still in errrrrrrrrrr just

Andy

gone @ 18 rules are rules soft stop price flashed a lot

 

[Pat494]

Having a bit of a think at 820 ish

better not say which way I've gone or it'll be the KOD (kiss of death ) to my punt

 

[firewalker99]

went long 13840 fut and betting on a close near 13900

lolz

 

[black bear]

toss a coin

Having a bit of a think at 820 ish

better not say which way I've gone or it'll be the KOD (kiss of death ) to my punt

Pat

you wuss

it wont make a bit of diff mate

Andy

 

[Pat494]

Pat

you wuss

it wont make a bit of diff mate

Andy

Thats what I keep telling myself BUT
it works nearly every time

 

[black bear]

FW Longboard

went long 13840 fut and betting on a close near 13900

lolz

Hi Fw


Coiled up with its back to last weeks high, could fly well past target if you got direction right

Press plus to see week high, not showing up for some reason on normal

 

[counter_violent]

Agree Firewalker......so far we have a W type pattern potential....the acid test will be 43 /46 on the cash...if that goes next stop 880 then possibly 900....if the pattern starts to break down...then expectancy rule will be broken...and i'll be out.

long@ 815...stop@ 796

cv

 

[Pat494]

Maybe I'm just a crap trader