Dow 2008

[smbtnt]

ranging tightly at the moment 11330- 11350ish if it breaks downwards from here i think it will go as low as 11280 but i think it might be whippy going down, i missed my short entry on the bounce back up to 11380 and now i'm struggling to find a safe entry that wont need a large stop to go short

commodities up, euro up and USD down = market falls but it has fallen 130 odd already...the consensus should be down.
A close below 330 should send her to 300

 

[Vaco]

tempted to go long 11345 if we hit 11310 I will go long.

where you putting your stop for that long and how far back up are you looking for it to go?

 

[francisfinley]

where you putting your stop for that long and how far back up are you looking for it to go?

oils coming down now......

 

[smbtnt]

tempted to go long 11345 if we hit 11310 I will go long.

what's at 310? i do not see any support? I assume we are talking futures market here....YM? or am I not seeing it right?

 

[Vaco]

theres nothing that i can see at 310 but it turned on the button so breadman should now be known as mystic meg!

Breadman you using demark pivots by any chance for that entry, thats the only thing i see near 310?

 

[smbtnt]

theres nothing that i can see at 310 but it turned on the button so breadman should now be known as mystic meg!

Breadman you using demark pivots by any chance for that entry, thats the only thing i see near 310?

soothsayer extraodinaire.......

 

[francisfinley]

i pussied out @ 11360.... whos still in?

 

[Mr.J-Arthur]

I'm Flat! Don't want to go long or short really...
Missed long entry...I'm not sure if I will enter now, unless the 50MA stays above the 100MA

 

[Atilla]

tempted to go long 11345 if we hit 11310 I will go long.

You are a legend Breadman...

Calling the turn on the 16/17th :clap:

 

[francisfinley]

I'm Flat! Don't want to go long or short really...
Missed long entry...I'm not sure if I will enter now, unless the 50MA stays above the 100MA

should go to 11387 no?

 

[francisfinley]

You are a legend Breadman...

Calling the turn on the 16/17th :clap:

any of you guys wanna run a chat room or msn?

 

[Mr.J-Arthur]

I may take a short at my first short entry around 11660-11680

 

[Vaco]

i pussied out @ 11360.... whos still in?

good place to get out considering long trades today are very dangerous,

the uptrend channel we were in has broken down and as long as we stay below 11390 i will take swings up as an opportunity to go short.

starting with 11360 sl 11390

 

[francisfinley]

good place to get out considering long trades today are very dangerous,

the uptrend channel we were in has broken down and as long as we stay below 11390 i will take swings up as an opportunity to go short.

starting with 11360 sl 11390

haha went back in and out @ 11387...

 

[smbtnt]

379 short 395 stop - against all rules this trade, trend is up and no valid signal...

 

[Mr.J-Arthur]

trend IS up...but I would still like to take a short as soon as my 28 MA crosses the 50...
It wouldn't take much for it to fall, pretty narrow space between 28 and 50.
I will wait and have lunch here.

 

[smbtnt]

379 short 395 stop - against all rules this trade, trend is up and no valid signal...

Not reacting as it should, tight tight stop at 395

 

[Vaco]

trend IS up...but I would still like to take a short as soon as my 28 MA crosses the 50...
It wouldn't take much for it to fall, pretty narrow space between 28 and 50.
I will wait and have lunch here.

I meant the trend on the daily bars has broken out below its channel.

 

[breadman]

sorry with the slow responce I left a order to buy at 11310 but it was not filled as the low with spreadbetting account only got as low as 11316.

 

[smbtnt]

sorry with the slow responce I left a order to buy at 11310 but it was not filled as the low with spreadbetting account only got as low as 11316.

312 on futures ...bucket shops!!