Market Direction

[jonnyy40]

Automated System

JonnyT How complicated are the rules for your system? 10, 100 or more? As a non Tech I'd be interested!

 

[Bigbusiness]

When I can't get a feel for the market, I have been using this to great effect lately. Made a nice profit today.

I sold at todays predicted high, 8,851.

http://www.emetrix.biz/

 

[rglenn]

Thanks for that site Bigbusiness

Very interesting!!

 

[bonsai]

DOW Prediction [8759-8851] Aggressive: [8712-8896]

lol,lol,lol

how many threads are you using ?
can i post a different target on each ?
where is my coconut.
it was close enough for jazz don't you think.

 

[rglenn]

Good to see you laughing Bonsai!

Someone is finally having some fun at last!!

 

[Bigbusiness]

Having checked each day against the intra-day data I find those numbers work quite well. I only use the first set of numbers.

Have a look at todays chart. Sell at 8,851 buy back at 8,759. Not a bad trade. Much more fun than trying to scalp a few points from the FTSE.

 

[Bigbusiness]

Looking for 50 points up on the Dow tomorrow from tonights close. I am not trading, this one is just for fun.

 

[rglenn]

I expect to see a sharp fall in the ftse and Dax tomorrow - they will be initially catching up with the Dows movements from previous day.

The Dow has seen some profit taking today and should be on a upward momentum tomorrow. Expect between 90 and 110pts rise.

 

[2468steve]

Called todays Dow near enough.Had reversal day on S&P,Nasdaq still showing strength.If Nas fails to hold,will see more follow through to downside. Dow to finish down around 8630.

 

[rglenn]

well done 2468steve

Nice call yesterday.

I hope you have even more fun today!!

 

[bonsai]

if we dont make 4101 to day , its back to 4000 to fill that gap ?

 

[rglenn]

I don't see the Ftse making 4101 this morning Bonsai.

It may happen in the afternoon after the Amercan markets open.

 

[bonsai]

personally I dont have the slightest idea where its going
and I like to keep it that way when I am trading

the only thing I know is anything is possible ?

4075 may be important ? lol

 

[rglenn]

Bonsai

It seem like today is the day for your 4101!!

 

[bonsai]

I suppose its yet another bloody coconut ?

 

[Bigbusiness]

I will be looking for at least 50 points down for the Dow at some point on Monday.

 

[rglenn]

It seems like we are finally seeing the bulls tail!

It look like the Dow is picking up momentum- I expect to see it over 9000 this week.

Monday may see an initial rise before a fall on profit taking of around 70pts.

The stoxxe and the dax may rise around 30 & 60pts respectively.

Have a fun day on Monday and try to relax a bit -don't get too tense its only money after all!!

 

[rglenn]

Here we are again folks!

The fun is just about to begin- get those twitchy fingers ready on the mouse - as you will have to be pretty quick today!!

 

[Bigbusiness]

Didn't make my target of 50 points down for Monday but I am hoping for 50 points down today. That will take my trade from the Friday close in to profit. This is all small stakes stuff, I am not risking real money, just having a bit of fun.

I did sell yesterday after the big rise at the open, hoping for a reversal. Managed to escape with a 29 point loss. There are not many times when the Dow gaps up and stays above the opening price two days in a row. There are even less when it does it does it for 3 days. I hope this isn't one of them.

 

[rglenn]

The Dow is in a strong upward trend so be careful with your shorting positions as it will not stay down for too long!!

My forecast for the Dow this afternoon is a small downward movement followed by another strong upward movement of 100pts plus.