Dow 2007

thanks Firewalker and DC for comments re: volume ... good stuff

FTSE was great today .. fell sharply to previous days low . (well just lower) .. trouble is I was so convinced by the slide my stupid brain said short after a pullback . so my first short went wrong .. eventually got lucky with a short later on .. but in hind sight long from PDL woulda been a great trade
 
DC Short

So am I, Took a short on the FTSE Cash at 6139 yesturday and at 6182 today.
Not sure why, does not look as though the market wants to go down.
Lets give DC a chance, but I will probably close at end of day.
Next wek , there may be a rally, who knows
 
Ftse Magic ?

I would love to see 6300 tested today .... sorry..

But I'm now taking a few practice swings as the Ftse enters the danger zone from 245 plus..... i.e it may not get to my dreamland :LOL:
 
bottomleyp said:
Please, Let us know if you bail out DC,
I am still in !
Click to expand...


Hi will do, I expect an early 280 and a fall to 080 which is where I will now take position off if we open down and hit 200 in the first hour without hitting 280 first I will cover the position until the 280
 
FTSE Short

Hi DC

Thanks for your thoughts, what if it goes above 6300, and what do you mean by covering your position.

Peter
 
Posted Last Friday 16th.......around 7 am UK

Ps As others have mentioned downside targets .....I'll have a go.. The simple ones are ~12800 the old high and ~12500 the august low (with ~12450 the 25% retrace of the 5yr bull market).......[/QUOTE]
Seems like it's high fives to me and Catracho......:LOL: :LOL:

What did they used to say....? "...everything is known in advance " :cheesy:

Great week and looking forward to the next one.............

Incidentally the stochastics were virtually as oversold on wed night as in March and August....!!!
 
bottomleyp said:
Hi DC

Thanks for your thoughts, what if it goes above 6300, and what do you mean by covering your position.

Peter
Click to expand...

a 319 would have a recalc of target this may extend rather than shorten, to cover is to take the opposing position in the market whilst still holding the original position if for instance you expect a spike and then the price to be brought back into line
 
Sunday/Monday

Looking at the "tiger" ..... on 15m we are well stretched on stochs but rsi is high but could have further to run..........

Bottom line I want a continuation on Dow (ideally a quick one) towards 050/60... or more ....for me to get excited .......... :LOL:

I'm hoping it does not fade tonight ...... but will take it if it does ;)

Have a good one....

hs
 
Happiness ..... perhaps

Hook Shot said:
Looking at the "tiger" ..... on 15m we are well stretched on stochs but rsi is high but could have further to run..........

Bottom line I want a continuation on Dow (ideally a quick one) towards 050/60... or more ....for me to get excited .......... :LOL:

I'm hoping it does not fade tonight ...... but will take it if it does ;)

Have a good one....

hs
Click to expand...

We're on our way only 30pips to go to 050.... this is fun....:D

Ftse teasing 310.............this is approx the 38% of the decline so is kindov important to some.....Lets see if if holds to live sesh........
 
Last edited:
Hook Shot said:
We're on our way only 30pips to go to 050.... this is fun....:D

Ftse teasing 310.............this is approx the 38% of the decline so is kindov important to some.....Lets see if if holds to live sesh........
Click to expand...

excellent work Hook Shot
currently I am long on USD/JPY but I am wishing I chose the DOW now ..
just thinking about hitting the hay .. it's been a good week so far :)

now should I set a stop at break even? .. only fifteen points away, or just take the money and run .. er .. sleep ...
 
Ooooh!

shortorlong said:
excellent work Hook Shot
currently I am long on USD/JPY but I am wishing I chose the DOW now ..
just thinking about hitting the hay .. it's been a good week so far :)

now should I set a stop at break even? .. only fifteen points away, or just take the money and run .. er .. sleep ...
Click to expand...

Can't comment on $/Y right now not traded for a while but......... if you can stay awake it should be worth your while .... maybe.... dow is about to run into brick wall if you believe in rsi and stochs....

It sounds like bs but ....I believe the easy trade is not far from here.....

If "tiger" identified ob in stochs and likely ob in rsi then this surge pre market "should fail"............................

I'm pleading with you stay awake ..... although I can't offer any assurances ...:LOL:

LIFE IS GREAT.............................
 
Hook Shot said:
Can't comment on $/Y right now not traded for a while but......... if you can stay awake it should be worth your while .... maybe.... dow is about to run into brick wall if you believe in rsi and stochs....
Click to expand...

I just missed some of a 10 minute 100 pip move on £/Y thanks to posting on T2W.
 
You must log in or register to reply here.

Similar threads

G
Naz 3000
Replies
8
Views
3K
pssonice
pssonice
Pat494
EOD Dow
Replies
18
Views
4K
Pat494
Pat494
D
3 Dow Futures
Replies
1
Views
2K
blackcab
blackcab
H
U.S. stocks closed higher ‧Dow Jones and S & P hit 5-year high - hpc
Replies
0
Views
2K
hpc
H
Zenda
Brokers Revenge - Spikes
Replies
10
Views
3K
RU12NVME51
R
Top