Dow 2008

[francisfinley]

i went long at 11370

 

[nikwest]

this is gonna be rubbish range trading with the fed tonight , im staying out.

 

[Atilla]

this is gonna be rubbish range trading with the fed tonight , im staying out.

I agree. Just looking at the 10 min charts for the day and it's all over the place whipsawing sideways shaking it's rear.

Whiplash time I think

In no mans land. Best to stay out. :whistling

 

[francisfinley]

big battles on since 17.45 gmt

gold going thru support, oil just above, DXY going above, dow fighting to go above 11400.


epic.

 

[Mr.J-Arthur]

I should have just stayed out. Took a -2% bash on the account...
Damn, better luck tomorrow I hope.
I've done many trades today, but right now I'm long on NQ @ 1890.50.

YM and NQ were total rubbish today. It's best to stay out of this range.

 

[francisfinley]

I should have just stayed out. Took a -2% bash on the account...
Damn, better luck tomorrow I hope.
I've done many trades today, but right now I'm long on NQ @ 1890.50.

YM and NQ were total rubbish today. It's best to stay out of this range.

aww man its been all over the shop, ive been doing gold and oil to compensate. 13 trades, 2 losers, 2 b/e 9 winners


oil is going up since 17.44 pm be caeful

 

[Pat494]

I should have just stayed out. Took a -2% bash on the account...
Damn, better luck tomorrow I hope.
I've done many trades today, but right now I'm long on NQ @ 1890.50.

YM and NQ were total rubbish today. It's best to stay out of this range.

Commiserations J-A.
I forced myself to try and just do the quality ( better likelyhood ) trades rather than thrashing at it with quantity and frustration. Less is better imHo !

 

[Mr.J-Arthur]

Less is better...
and less emotion is good too. Damn, why did I over trade today...The thing is, it was so choppy my first short trade would have worked for the WHOLE entire day, but I got stopped out. I thought I could go long after being stopped...boy was I totally wrong. Tomorrow this can't happen.

Haha, now I'm going to make that money back tomorrow. I'll use smaller size though with wider stops.

 

[Pat494]

Calender for today
2:00am EUR German Import Prices m/m 0.6% 0.5% 1.5%
All Day EUR German Prelim CPI m/m -0.2% 0.6%
8:30am USD Core Durable Goods Orders m/m -0.5% 2.0%
8:30am USD Durable Goods Orders m/m 0.1% 0.8%
10:35am USD Crude Oil Inventories 0.9M 9.4M
11:30am CHF Gov Board Member Hildebrand Speaks
8:00pm AUD CB Leading Index m/m -0.1%
9:30pm AUD Private New Capital Expenditure q/q 2.0% -2.5%

Oil up - which should depress the market.

 

[francisfinley]

Calender for today
2:00am EUR German Import Prices m/m 0.6% 0.5% 1.5%
All Day EUR German Prelim CPI m/m -0.2% 0.6%
8:30am USD Core Durable Goods Orders m/m -0.5% 2.0%
8:30am USD Durable Goods Orders m/m 0.1% 0.8%
10:35am USD Crude Oil Inventories 0.9M 9.4M
11:30am CHF Gov Board Member Hildebrand Speaks
8:00pm AUD CB Leading Index m/m -0.1%
9:30pm AUD Private New Capital Expenditure q/q 2.0% -2.5%

Oil up - which should depress the market.

wicked Pat. i crawled out of bed and missed the FTSE open. meh. from the open dow fell. euro bounced off support @ 1.468, oil bounced off support @ $116.4 ish & gold went beserk off support @ $825. havent seen the ftse put off too much, bounced off its support @ 5435. think everyones waiting for the 10:35am USD Crude Oil Inventories...

dow futures rising off support from 11368 ish 10.47 GMT... battle with oil around the 11400 vs 117.2 mark...

 

[ralph197]

Sell @11439 just after durable good announcement.

In the spirit of chop

First Target 11395

 

[Mr.J-Arthur]

shorted Nq @ 1897
shorted from the top and closed with small profit, now looking for further down movement.

 

[Vaco]

shorted Nq @ 1897
shorted from the top and closed with small profit, now looking for further down movement.

nq?

 

[Pat494]

nq?

Nasdaq

 

[Pat494]

In long

 

[Vaco]

Nasdaq

tuttut

i thought this was the dow thread....lol

 

[Pat494]

In long

move stop up to b/e

 

[Pat494]

tuttut

i thought this was the dow thread....lol

er yes
have to confess I'm actually doing S&P. but near enough to each other

 

[Atilla]

er yes
have to confess I'm actually doing S&P. but near enough to each other

I would be happy to see input re: Nasdaq, S&P or the DOW here.

I should repent and confess I've even added some FX and Gold comments too with a few drops of oil. :cheesy:

I think DOW is heading to 580 regions before cooling off.

Just leaving work now and I'm flat. Might short the tops if I can catch em when I get home.

Much better looking charts today eh???

 

[Pat494]

move stop up to b/e

And out with a profit
:clap: