Foale

ok Ceased trading Ftse for the day... made 81 happy with that... 22 the biggest one

agree, I am flat.. nearly got caught out a couple of times today... although have not traded the Dow today ...yet...

Shame you have stopped posting your live trades.... This thread is mostly being used now for Dax and Ftse posts..... Many Dow traders seem to have deserted the ship

Yes but what exactly WAS the good news... OR perhaps just the absense of bad news !!

So what was the trigger for this rally...

I played this am with 11200 'as my back' ...but trading in the ftse and Dax... Now not going to be so easy... imo...as threat of sub 11200 battles with some rising longer indicators... time for a break

I have the old fashioned CMC... and am up Ftse 44 and Dax 59 this am.... I will have to see their new platform... although like other morning traders...many are too quick to post.... and I dont want to get called Blue Peter...several are +12/13 although others single figures...it all adds up though.

out 33....+10 but looking for more long entries

I expect this to lift off the lows this am.... with 12200 providing a floor at least til NYgets going Long Dax 6223

Well done Phil...I did ok ...but entirely missed the 170 point fall from 7pm... Probably had enough by then...

oil posting record highs... $144.25

Well held there...

out dow 35 +15 out Dax 95 +5 Does not look that strong...

Long Dax 6290 Long Dow 11320

Agree when I said "low" I did not mean forever or low this year ...just that I see some upside soon......

out 35 +20 took the easy money... although more downside to come...I suspect

Short Dax 6355

I think we have seen the low on the Dow at 11200 ish...I expect it to occilate between 11250 - 11450 area building a base.. then a move up to max 11600 ( declining) where increased downard pressure will emerge.... Anyone else like to add their wild predictions to the mix.

I think 11100-11200 a buy area to 11600 and thats about as fine as I can call it....

Well done Phil...school run again... I am being cautious atm...although trying to get the larger moves...which is why I was so annoyed with myself this am...

anyone caught out there?

Personally dont think it will hold today

oil just broke $143,,,,,,Gold at $935....high of last 2 days.....so I am reluctant to long anything the easy money was shorting this am...dont think it will be so easy/relaxing this pm

ok 2 lessons.... actually I did scale out a bit...but too cautoius... it was a case of reduce and leave...to run.. I would not mind so much if I felt we were at the bottom...

Getting taught an expensive opportunity cost lesson this am.... Aparently you need a good entry AND a good exit... lol