Live Indices Trades

[Foale 10]

Short Dax Cash 6362

 

 

 

out 6338 +24

[Foale 10]

short Dax 6361

[BuzzLightYear 10]

short ftse aug 5495

[Foale 10]

short Dax 6361

 

 

out 46 +15

[Foale 10]

well my long comment on Oil $136 to $139 came true...WITHOUT me !

[Soultrader 12]

Interesting action on ES yesterday. Afternoon rally was quite interesting.

 

I am still cautious on the long side for ES... take a look at Nikkei profile.

 

 

July 8th showed long liquidation... "b" profile after higher value placement from July 4th. Overlapping value prior to the 4th is confirming longs caught on the wrong side... hence the down trend and liquidation on the 8th.

 

However, US markets rallied yesterday. Today (9th) the Nikkei gapped up, spent the entire morning rangebound then dropped. The "P" profile shows this as a potential short covering day with a close near the low of the range. Yesterday could be a bull trap on the ES. See chart below.

 

 

Afternoon rally looked good but value is still enclosed within the previous day and not higher. What the DAX and FTSE do may be key today for the ES. (DAX is rangebound but sensing some selling pressure at the moment). Crude is slighly up as well.

[Foale 10]

Conflicting signals for me on the European indexes...so went falt from holding a couple of shorts....glad I did now...

[Foale 10]

Been out .I see the selling has started without me...

 

Well looking toppy in Ftse and Dax to me

[BuzzLightYear 10]

Think so foale, added another short at 5520 (aug)

[Foale 10]

Think so foale, added another short at 5520 (aug)

 

 

Tough one this... or is it... 5540 3 times a charm

All depends on whether 11400 a ceiling or not...

[Phil Mibbutz 10]

Tough one this... or is it... 5540 3 times a charm

All depends on whether 11400 a ceiling or not...

 

Think I might take a short at about 410 in the next half hour or so. Tight stop, though!

[Foale 10]

Think I might take a short at about 410 in the next half hour or so. Tight stop, though!

 

I gave up lookuing in the end

well held the shorters...

[BuzzLightYear 10]

Closed 3 x aug shorts at 5487, total +64

[Foale 10]

Enough all this doom and gloom

well for a bit

 

If we can push back up to 11400 today... 11600 on the cards...

one of my Long term Dow indicators turned positive yesterday

Its been negative since 12700 !! now that would have been a trade...

[Phil Mibbutz 10]

11600 today? Hope you're wrong because I'm short again from 336.

[BuzzLightYear 10]

Agree foale, damn those shorters.

 

Long aug ftse now at 5488 (first one)

[Foale 10]

11600 today? Hope you're wrong because I'm short again from 336.

 

Today nah... just saying that break of 11400 woudl imo open up 11600 as a target.... later this week...

 

I have a small long from 11306 ( sorry over the 1 minute)

 

Added a long Dax at 6339

Edited July 9, 2008 by Foale

[Phil Mibbutz 10]

11600 today? Hope you're wrong because I'm short again from 336.

 

Closed 325. Now let's see it drop off a cliff.

[Phil Mibbutz 10]

Closed 325. Now let's see it drop off a cliff.

 

:doh::doh::doh::doh::doh:

[Phil Mibbutz 10]

Short 324. 300 target.

[BuzzLightYear 10]

:doh::doh::doh::doh::doh:

 

sods law that is!

[Phil Mibbutz 10]

Short 324. 300 target.

 

Closed 297.

[Phil Mibbutz 10]

sods law that is!

 

Yeah, almost closed the next one too early as well, but somehow managed to hold on and actually make more points than expected. Slippage sometimes works in your favour, although the Dow has now continued south, of course!

[BuzzLightYear 10]

Yeah, almost closed the next one too early as well, but somehow managed to hold on and actually make more points than expected. Slippage sometimes works in your favour, although the Dow has now continued south, of course!

 

Yes, theres some swinging around at the moment isnt there. See oil is coming down still... $136 Aug delivery, should help a rally in indices......

[Phil Mibbutz 10]

Yes, theres some swinging around at the moment isnt there. See oil is coming down still... $136 Aug delivery, should help a rally in indices......

 

Doesn't seem to be working at the moment, Buzz. Just wish I'd kept with my short from about 400...

 

PS. c200 close, maybe?