Live Indices Trades

[firewalker 10]

All live calls should be posted here, preferably following this syntaxis:

 

market position price [stop price] [target price]

 

for example:

 

DOW long 12800 stop 12780.

[gilligullu 10]

Short YM 12947, stop 12967. First target 12920

[Foale 10]

Short Ftse 6225 stop 6240

[Foale 10]

Short Ftse 6225 stop 6240

 

 

out at 6215 +10

 

just road testing the site... :missy:

[firewalker 10]

DOW long 12930, stop 915

 

Obviously a late entry, but the plan was to buy 840, but when the markets opened the train had already moved out of the station and there wasn't much to do but sit and wait imo...

[gilligullu 10]

Short YM 12947, stop 12967. First target 12920

 

Closed at 946 to pay for commission.... Does not want to stay down.... :crap:

[firewalker 10]

DOW long 12930, stop 915

 

Obviously a late entry, but the plan was to buy 840, but when the markets opened the train had already moved out of the station and there wasn't much to do but sit and wait imo...

 

Stop moved to breakeven.

[firewalker 10]

DOW long 12930, stop 915

 

Obviously a late entry, but the plan was to buy 840, but when the markets opened the train had already moved out of the station and there wasn't much to do but sit and wait imo...

 

Once again, trading is about sitting tight and doing nothing.

 

Price is finally starting to move higher!

[firewalker 10]

DOW long 12930, stop 915

.

 

Price at potential resistance (12970-80) right now, but not all that much reaction.

 

I will observe and scale out here if we should fail to go higher.

[firewalker 10]

Price at potential resistance (12970-80) right now, but not all that much reaction.

 

I will observe and scale out here if we should fail to go higher.

 

This is why observing in real time is much better than having predetermined targets. It's important to have levels in mind where price can potentially react to. Like 12970. Nothing happened, meanwhile we passed that and are at 12985.

 

Still no reason to exit the trade.

 

I'm moving my stop up to 12970.

[firewalker 10]

 

I'm moving my stop up to 12970.

 

There is some more reaction now. I'm going to take half out at 12985 for +55 and leave the other half on with a stop at 12970. I need to eat something anyway.

[firewalker 10]

There is some more reaction now. I'm going to take half out at 12985 for +55 and leave the other half on with a stop at 12970. I need to eat something anyway.

 

The rest of the trade was stopped out while I was having dinner at 12970.

That's me done for the day. I realized if I try putting on more trades I probably give back so of the points won on the first one anyway.

 

Hope you all enjoyed following it and I hope others will try and provide similar live comments.

[Foale 10]

You have to wonder if just shy of 13000 was another bear entry point...

 

The price action..ie being held there for a while might support this arguement...

Might be a boring morning... unless news/ figures dictate otherwise

[Foale 10]

I still have upward momentum in Europe...although wondering if a peek over 12900 dow might bring out a rush of shorters

[firewalker 10]

You have to wonder if just shy of 13000 was another bear entry point...

 

The price action..ie being held there for a while might support this arguement...

Might be a boring morning... unless news/ figures dictate otherwise

 

I still admire you for being able to sit through a whole day foale.

These days I try to trade just the US session.

 

The NQ is showing signs of rejection on the daily chart...

See also here.

[Foale 10]

Ftse gunning for 6245 pre UK open

[Foale 10]

I still admire you for being able to sit through a whole day foale.

These days I try to trade just the US session.

 

The NQ is showing signs of rejection on the daily chart...

See also here.

 

 

Thats becasue I am a FULL TIME trader...

I do believe there are opportunities around...infact...lots of times during the NY session its can be more of a waste of time than now..ie moves less clear

Sometimes I just look for exits or entries...and let it ride..

 

I dont post all my trades because some are just small adds for example.

I try to post the bigger moves...and have multiple small longs or shorts at differnt prices...so I am not all or nothing..( this is easier to do with spread betting ..as margin required is smaller

 

Today for example on this quiet morning..I have been very cautious...and am up 50...mostly on the Dax all Longs

 

If I had been more "trade what you see..and dont think" would have been more..as charts were saying BUY from 9.00am...

 

See you in the PM..

( Sorry..perhaps this is better in the general thread)

But at least its a post here.. :o

[Foale 10]

out my last Ftse long at ..6241 pleased with that...and too risky with Dow hovering on 12900...

 

Hey I see some new members have arrived...:helloooo:

[smbtnt 10]

Hi Fw & co

 

Great to see you guys are up and running.

Hopefully will starting posting this afternoon.

[gilligullu 10]

Looks like the gang in T2W is moving over!

 

I wish i could trade all day~~ But that would probably mean I lose a lot of money... LOL

[wasp 10]

Hi all and welcome to an actual trading website!

 

Feel free to join me in the FX trades thread too, its lonely!

[Foale 10]

I see my limit Ftse short at 6247 remains unfilled...pity... :frustrated:

 

 

Some great icons here...Hopefully we wont be needing this one on this new home :fight:

[firewalker 10]

Thats becasue I am a FULL TIME trader...

I do believe there are opportunities around...infact...lots of times during the NY session its can be more of a waste of time than now..ie moves less clear

Sometimes I just look for exits or entries...and let it ride..

 

Definitely, opportunities all day. But I just feel much more focused if I'm going for one or two decent trades instead of ten. Had enough days in the past where I started of nicely and ended up with a loss. Remember the c&t days

[Foale 10]

Europe suspicious of Dow over 12900 pre open

 

although Dax the more bullish after this ams news

Picture might clear after the figures

[gilligullu 10]

Long YM 12922, stop 12900.

 

Figures seems to have been improving, while expectation has remained the same. Very small position, bit of a gamble.