Live Indices Trades

[firewalker 10]

stop moved to 11935 on other half.

 

other half stopped out for the exact tick

 

re-entered short with same half @ 11930, stop 40.

If I'm out now, I'm done for today.

[firewalker 10]

missed my exit by a tick lol, ended up stopped out, shorted 29.50

 

better miss your exit by a tick, than get stopped out for the tick!

[86834 10]

short 31.50 after being stopped, messed it up, explain later...

[86834 10]

exit of 29.50 hit for +2pts. ES

[86834 10]

basicly made a school boy error. On ES when there are two micro value areas close together then ES will take the middle of the two. I took my eye of the ball and took the first value area without looking at the one above. Once i realised it was too late. So i reversed my stop for the short of 31.50

 

31.25 being the price i should of shorted in the first place if i wasn't too busy eating a baked potato

[86834 10]

If you don't mind me asking... How many minutes do you need to determine where value has developed itself?

 

Depends, it's an art not a science. I know that isn't the answer you want to hear, but thats how it is.

 

The way i see it, reading developing value in the market and trading on it is like teaching someone how to read the tape. You've just got to put the screen time in to learn it properly. It can't be put into a box

[Foale 10]

Long dow 11837

[postman 10]

Long dow fut 854 stop 810

[Foale 10]

Long dow 11837

 

 

out 57 sorry late posting +20

[postman 10]

Long dow fut 854 stop 810

 

Survived that by the skin of my teeth 814 low (so far). I expect big rises next week. After a 1200 point fall, gotta go back to 12400 ...

[BuzzLightYear 10]

short ftse at 5670

[BuzzLightYear 10]

short ftse at 5670

 

closed 5662 +8

[BuzzLightYear 10]

short again at 5663

 

stop moved to 5660

Edited June 23, 2008 by BuzzLightYear

[BuzzLightYear 10]

short again at 5663

 

stop moved to 5660

 

closed 5640 +23

[Phil Mibbutz 10]

Survived that by the skin of my teeth 814 low (so far). I expect big rises next week. After a 1200 point fall, gotta go back to 12400 ...

 

But will it hit the previous Jan and March lows first?

[BuzzLightYear 10]

long ftse @ 5638, but with a tight stop at 5626

[BuzzLightYear 10]

long ftse @ 5638, but with a tight stop at 5626

 

stop hit -12

 

edit - i can see it bouncing today (maybe tomorrow???) but was a bit too early there

Edited June 23, 2008 by BuzzLightYear

[firewalker 10]

Survived that by the skin of my teeth 814 low (so far). I expect big rises next week. After a 1200 point fall, gotta go back to 12400 ...

 

You have to be open for everything I guess, but where would that rise come from?

[gilligullu 10]

I think we will find out if it will rise or fall big on Wednesday.

[86834 10]

Hey ho...

 

going into today, first areas that i'm looking to take a swing trade off are 1329.50 and 1319. From where the market is now i'm looking to short 29.50 and get long off 1319. If these points aren't reached then i'm just gonna be scalping of developing levels as usual. Graph below of the two levels on the profile.

 

[OAC 10]

Here is a different look of the 1329 POC and 1319 POC from my Ensign chart:

[86834 10]

a bit late. but i got my 2pts ES of 1319 as i mentioned earlier. Good start to the day.

[86834 10]

Hey, sorry these aren't live, been having a big debate in the office with my brother about scalping and trend following... long story...

 

Anyway, had a long in C period just after the period opened from 20.75. The reason why i took it is because (as you can see on the chart) when we made the lows in the inital balance during B period, this market was swiftly rejected. Then when C opened we had over 3000 sat on the bid at 1320, plus with having micro value above in A period at 1324, chances where high for a move to the upside for the short of 1324. Bought 1320.75, boosted it for 2pts, then shorted 1324 for 2pts. Graph below. +6pts ES so far. Might call it a day.

 

[86834 10]

shorted 1321 in D period for +2pts ES. Total for the day +8pts ES. Gonna go for a steak...

[Foale 10]

is the food indicative of profits earnt...

 

average day....Baked potato

good trade .... Steak

 

Loss ....force yourself to eat a salad

Bigg loss Force yourself to eat a quiche.. lol