Live Indices Trades

[firewalker 10]

Left 1/2 but I feel all it not bullish only here...largish volume getting done in Dax at the top....but if Dow stays aroudn here....it should open up another 25 or so imo...

 

I'd be surprised if it opens above 600...

Right now, imo, ES is at resistance (1275), NQ as well (1825) and DOW... well not so sure...

 

Well done on the longs!

[Foale 10]

Completely misread today. After Apple news, I reckoned on at least 150 down, now it looks like finishing 150 up.

 

 

same here....was too agressively short easier in the day in the Dow ( not posted)...and just recouped that really in the last hour...

 

These coloured chart bars do stop me from that fatal habit of seeing a rally start and think...."short it" ( well I dont do it as often !)

 

 

tomorrow another day...

[postman 10]

I'm back ....

Just gone short dow futures 11581 looking to close at 11440 ish.

 

Life seems to have got in the way of trading for me recently. I'm gonna take it slow and go for the 300 point 3-5 day swings (remember those FW!).

[Phil Mibbutz 10]

Closed my Dow longs...really soory I never posted the open..as was my first +100 Dow in ages... 11484 to 11584

 

Closed 1/2 my Long Dax for +70 at 96

 

Left 1/2 but I feel all it not bullish only here...largish volume getting done in Dax at the top....but if Dow stays aroudn here....it should open up another 25 or so imo...

 

Well done. +100 is about 94 better than I did today:)

[postman 10]

It's going to take a while to catch up on the posts, but I think the crunch is more of a chew now. We will still be reading about it in the press for a while though.

[firewalker 10]

I'm back ....

Just gone short dow futures 11581 looking to close at 11440 ish.

 

Life seems to have got in the way of trading for me recently. I'm gonna take it slow and go for the 300 point 3-5 day swings (remember those FW!).

 

Well I wish you best of luck to start with! I do remember those days, but I haven't exactly been doing that well recently, so unfortunately those triple digit profit days seem a long way ago... :\

[Foale 10]

Going to try and post a daily chart with my coloured bars on...

 

the p = buy and the q = short are independent of the colours

The colour is in real time it changes during the bar if triggered not at the close of the bar...

So the colour change and the 'p' should have told me something down at the lows

 

Have been banging on about it for a while thought I would post a chart...

Only took me 30 mins to do it...

 

Would like to add did not take the short or the long... lol

I dabble in the much smaller time frames... but the charts paint the same..

Edited July 22, 2008 by Foale

[Foale 10]

Left 1/2 but I feel its not all bullish here...largish volume getting done in Dax at the top....but if Dow stays around here....it should open up another 25 or so imo...

 

looking ok so far....

[Foale 10]

Dont think we are going to be reinventing the wheel this morning

 

I am playing a range trade day with poss ceiling max of 11670! Dow futures

 

 

Well I quess thats ranging with a bit of trending...

[Foale 10]

Flat now...closed longs in ftse and Dax...

 

Strong restistance in the ftse at this level...

although will fly if it gets passed that later...

[Phil Mibbutz 10]

My cracked crystal ball says the Dow will reach 650 then retreat as realisation sinks in again that things really are worse than bad.

 

Hoping this will come true, even if my timing was a few days out:)

[eggbeangame 10]

Looking for a top on this rally, the market snapped around the 11700-11750 level, which I now see as resistance.

 

Looking back at the closest historical previous bear market – in the 1970s when commodities were in a secular bull run and the overlay of current chart on it shows strong similarities – rallies took on a span of around 1000 points. As we bottomed at 10800 this would be a max 11800.

 

The volatility indicators have moved from just over 30 (when we went down to 10800) to just over 21 as at the end of yesterday. 20 and below is considered a good indicator to sell and we are fast approaching.

 

Previous bear market rallies, although they can be fast and furious like this one, have often lasted a couple of months. I don’t expect therefore that we will go straight up to 11700-11800 from here, go sub 20 on the VXO/VIX and start a new down leg. I think we need a bit of consolidation in this upleg first – some pullback before we go up to those levels.

 

Interestingly the next leg of the bear in the 1970s equivalent wiped off 3000 points off the DOW.

[firewalker 10]

DOW long 11548, stop 35.

[smbtnt 10]

DOW long 11548, stop 35.

 

hope she plays ball mate - im off the round number at 550, maybe should have taken the 30 or so pips....

[firewalker 10]

hope she plays ball mate - im off the round number at 550, maybe should have taken the 30 or so pips....

 

I have more confidence in the ES to be honest.

 

This area 11500-11800 has little in terms of S/R, what do you think?

[smbtnt 10]

I have more confidence in the ES to be honest.

 

This area 11500-11800 has little in terms of S/R, what do you think?

 

Totally, Just playing intraday support here, everything here is airy fairy imo, it could go to 700, could go to 800. 550 showed some support premarket and hence the long.

The Nq made the higher low yesterday but struggling to bust the downtrend line from june, but she came off trumps at 1822-24 so am hoping we fly to the next zone which is 1850.

Unfortunately I played the wrong index....

Inventories at 3.30 should give this a bit of a push...

Not enough evidence imo to mark the top, so far anyway...

[smbtnt 10]

hope she plays ball mate - im off the round number at 550, maybe should have taken the 30 or so pips....

 

not comfortable so scaling out at 600, rest at 580...

[smbtnt 10]

not comfortable so scaling out at 600, rest at 580...

 

bad decision on 1st exit as usual, can't see any R until 630 zone, so why scale??? need to work on exits, damn!

and damn the NQ! for hitting 1850 without me...

[firewalker 10]

DOW long 11548, stop 35.

 

ehm... not bad for my return to shape

out at 628 for +80

[smbtnt 10]

not comfortable so scaling out at 600, rest at 580...

 

and all out at 634 before the inventory spike.

[smbtnt 10]

ehm... not bad for my return to shape

out at 628 for +80

 

Nice play! and welcome back!

[smbtnt 10]

and all out at 634 before the inventory spike.

 

and as usual th exit sucks:crap:

[smbtnt 10]

Looking for shorts now, anywhere from here to 700

[smbtnt 10]

Reacting off March lows, today's close will determine whether we retrace for the rest of the week..

[smbtnt 10]

Strange goings on - crude, gold and euro sellling off and my YM 580 long is struggling at 630.

One of them soon is either at support or resistance... or both..f you catch my drift...