Live Indices Trades

[Foale 10]

Dax does not seem very happy up here ....Only the Dow futures spike forcing it up to the 90's Early volume was pushing it down, I feel that will return.

 

Also the ECB rates will go upcomment ...going to weigh on it.....

 

Ok ...now the price will jump 50...

 

.Indicators look high too....

might have to be a bit patient with this one...

[eggbeangame 10]

Agree Foale - after a period of being the relative strongest index, DAX was yesterday so weak in comparison, and I expect it to continue in the near term. These things seem to go in cycles.

[Foale 10]

Short Dax 6992

 

out...81...looking for a better short entry

[Taz 10]

Dax does not seem very happy up here ....Only the Dow futures spike forcing it up to the 90's Early volume was pushing it down, I feel that will return.

 

Also the ECB rates will go upcomment ...going to weigh on it.....

 

Ok ...now the price will jump 50...

 

.Indicators look high too....

might have to be a bit patient with this one...

 

Where do you get yout volume information from foale?

[Foale 10]

Its weaker than I thought... short again Dax at 6977

[Foale 10]

Hi I use eisgnal... and have volume bars on my 5 and 15 min charts

[Foale 10]

Its weaker than I thought... short again Dax at 6977

 

 

Out 6960 +17 Dunno why it fell like that though...

[Foale 10]

Right idea...never stayed in long enough...

[Foale 10]

US unemployment 5.5%....they dont seem to like that...

[firewalker 10]

US unemployment 5.5%....they dont seem to like that...

 

That doesn't sound good to me. Usually there's a short term trade-off between unemployment and inflation. As we had high inflation we should see low unemployment... the fact that unemployment is also rising spells trouble ahead?

 

Like in most European countries it's been relatively low last couple of months. In Belgium (but this bears no relevance to the NFP numbers obviously) last month was actually the lowest all-time point for unemployment figures. But at the same time inflation is rising higher than expected and because wages are coupled to the index figure, employees have already received two pay rises in just 6 months' time.

 

So far the economic intermezzo

[Foale 10]

Long dax 6879

[firewalker 10]

short ES 1390, stop 92 (on the break)

[firewalker 10]

short ES 1390, stop 92 (on the break)

 

I'm not keen on shorting on the way down, but a signal is a signal...

 

target is 80

[firewalker 10]

foale > target 275 (perhaps for tomorrow)

 

<- posted yesterday

looked unrealistic there for a second...

[Foale 10]

I dont think the bears will have it all their way.... 12450 possible first..

[Lee Shepherd 10]

Long dax 6879

 

 

Just a thought!

 

As the markets were clearly down (and still seemingly that way) I'm sat here wondering why you didn't close off your Long, even if you believe the bigger picture to be on the upside, why not close it off taking small loss then buy back in when it reverses?

[Foale 10]

Just a thought!

 

As the markets were clearly down (and still seemingly that way) I'm sat here wondering why you didn't close off your Long, even if you believe the bigger picture to be on the upside, why not close it off taking small loss then buy back in when it reverses?

 

 

I have other positions...that I have not posted...

 

I have to say Lee I am sat here wondering whether as you dont post your own trades live on this thread whether you should really be commenting on mine.

[firewalker 10]

I dont think the bears will have it all their way.... 12450 possible first..

 

not above 420 if they follow the plan

[firewalker 10]

short ES 1390, stop 92 (on the break)

 

out half at 1381.50 for +8.50

(equivalent of +85 DOW points)

[Lee Shepherd 10]

I have other positions...that I have not posted...

 

I have to say Lee I am sat here wondering whether as you dont post your own trades live on this thread whether you should really be commenting on mine.

 

Well you sound a bit touchy on your position so apologies for the obvious upset I've bought upon you.

 

You can of course see my trades on my blog if you so wish.

 

Like I said, just a thought, you've asked me questions and I thought it went both ways, My bad, obviously not.

[postman 10]

Long dow cash 12328 stop 12290

[postman 10]

Long dow cash 12328 stop 12290

 

We're not ready to break that support yet ....

[postman 10]

Anyone share my view that we will have one final test of Dow 12,000 before this credit crunch story goes away and the markets start their relentless ride up again.

 

Above post from yesterday ....

 

 

Any takers this time ?

[BuzzLightYear 10]

long dow 12302

[BuzzLightYear 10]

long dow 12302

 

stop at 12318