Dinos

Closed DOW 11701 (+40) Finished for the day now

Closed dax 6503 (+16)

dow - stop to entry

Short dow 11741

short dax 6519

Hi Phil, I will be trading DOW, mixed signals for me at the min, on the sidelines, only three trades for me today so far, 1 x ftse. 1 x dax & 1 x eur/usd, didn't post as first day back, but will post dow trade this pm

:missy::roll eyes::hmpf: in miles to early, I admit to jumping the gun, wanted to be in and didn't wait for confirmation, a bit rusty:doh:, best get it out my system now, hehe off for a few:beer:a ready to trade from monday, have a nice weekend all

Just a quickie to get me into next week DOW Long 11602

Would dearly love the DOW to reverse and shoot up to between 11708 and 11770, I entered a comp a few weeks ago to guess what the dow would close at tonight, winner gets a mixed 24 box of wines, heres hoping

:helloooo:Any of you guys interested in trading the CAC 40, if so, I'll post them live as well from next week, don't want to if nobody is interested. Let me know either way:ciao:

still in your short Phil?, looked a bit like a wild ride there, up and like a (I'll stop there)

Hi Phil, thanks, a bit of DAXing, why not, see you on the thread nxt week then

Just had a quick look at your short entries foale, can I ask what made you take them there, I haven't had a confirmed short signal set up on my charts today yet, everything said long

Hi foale, buzz Good break thanks buzz, foale, resisting them temptation to trade, must admit to sneaking a few in whilst away, dont tell the missus though:D. Will be around in and out on friday, back in earnest from Monday, concentrating on 5 markets only, FTSE, DAX, CAC, DOW and EUR/USD Bye for now, speak friday:ciao:

Hi Foale, will be joining you on live dax calls next week

Hi all, back now, feeling refreshed and ready to trade, intention is not to trade until week, but coming up to speed on things, will be around to swap comments, thoughts, (probably sneek a trade in though)

Hi smbt Yes, will be about £2K per pip, stops, not sure how he works them, but I do know, he's very astute on his entry, defined trend trading only, and precise entry of the t/f he uses. Its mickey mouse money to me, cannot imagine it in the least, frightening thought is, and I don't know, what his total wealth is, but he talks about his trades as though its a couple of hundred quid., Those that have, and then theres the rest of us, When I meet up with him on my return, I breach his use of stops and see how we may be able to take a lead from them. Computer off now until end of Aug, see you all then, bye:ciao:

Just a quick thought guys, seems to have been a small debate between taking small points regularly or running longer positions to make a living, survive or generate wealth. I do think each to their own, and the type of trading they do, Direct Access, which is generally costly in deposit terms against the Spreadbetters who do offer obscene leverage. For me, I prefer the Spreadbetting and generally use a set points gain per day with a leverage I feel comfortable with and can afford to use. I trade one timeframe, wait for the trend to develop and them join the trend, safe in the knowledge I will get my target. I like the consistency of entering the market with a preset goal, get it and get out with no prolonged exposure to the market forces. Can such a system build wealth?, certainly, discipline and patience together with a sensible attitude to stops, you can build wealth as easily as allowing a trade to run large pips. For me, I trade 2 trades a day of 10 points, trading with the trend only in a rising/falling market, never try guess/anticiptae tops and bottoms, I use leverage at a level I am comfortable, enabling me to earn my living and generate excess to my weekly requirement to build wealth, I won't get greedy, with stupid levels of leverage, it can bite you on the ass. So if you trade picking up 2,3,5,7,9 points here and there to a predifined target, there is no reason, why you cannot build wealth. A friend of mine deals FX, he trades £20.000.000 lots, (thats right) not a typo a go, his target 3 point move per trade, 9 points per day, same as me, trading the trend only, he ha made a fortune. So the final point, each to their own, if it works for you, then do it. Back off to enjoy the sun and the remaining 2 weeks of my holidays. bye for now Rob

Yes, did read it FW, hope all is sorted out now, you do need to be completely focused and distractions, whatever they are can effect your abililty to trade effectively with a clear mind imo, back in 3 weeks, see you all then.:ciao::ciao:

Good evening all, hope everybody's well and your tradings going well, just popping in to have a look around and see whats developing, feeling totally chilled now and ready and looking forward to trading on my return. Foale, ifyour around, stay put mate, I will be back in a few weeks and will be joining you and others on this board. Looks like there has been many great trading days, always the case when your not around:).

Just slightly after your entry at 14.52, double indie confirmation:), nice one to finish off the day, when I get back, I'll start posting more, happy trading

Very interesting FW, you don't use indies, I do, I don't use volume, you do, we both got more or less the same entry point, goes to show, theres more than one way to skin a cat (so to speak), exit for me at 15.30 @ 1960

Forgot about Tom, anybody know how he is, still trading etc

EBG, upto nothing mate, we have a place in South of France, we, "re-locate" each summer to get away from everything and fully re-charge batteries etc. FW, yes, I am tempted to look, and generally as I am there myself for the first few weeks, I do,, when the missus and kids come out in a few weeks, it would be more than my lifes worth to "work":), its not an easy job to just walk away and not look, well thats my experience anyway. Lee, will do mate and keep up the good trading Happy and prosperous trading guys

Morning one and all, last working day for me until 1/9/08, hope you all continue to trade well with minimal losses and maximum points, have a nice summer, bye for now