Live Indices Trades

[Foale 10]

short ftse at 5578

short dax at 6371

 

 

 

out Ftse 5540 +38

Dax 6340 +31

 

 

Must work on those exits...no real exit signal to close and another 20 on the table for each...10 mins later

Edited July 1, 2008 by Foale

[firewalker 10]

out Ftse 5540 +38

Dax 6340 +31

 

 

Must work on those exits...no real exit signal to close and another 20 on the table for each...10 mins later

 

nice trades;.. I contemplated shorting 1850 NQ... unfortunately wasn't up early enough to enter sharp :crap: price is at 1828 now :\

[Foale 10]

Getting taught an expensive opportunity cost lesson this am....

 

Aparently you need a good entry AND a good exit... lol

[firewalker 10]

Getting taught an expensive opportunity cost lesson this am....

 

Aparently you need a good entry AND a good exit... lol

 

don't you scale out?

[Foale 10]

don't you scale out?

 

 

ok 2 lessons....

 

 

actually I did scale out a bit...but too cautoius...

it was a case of reduce and leave...to run..

 

I would not mind so much if I felt we were at the bottom...

[Phil Mibbutz 10]

Is 465 going to hold as a base for the FTSE? Anyone tempted into a long here?

[Foale 10]

oil just broke $143,,,,,,Gold at $935....high of last 2 days.....so I am reluctant to long anything

 

the easy money was shorting this am...dont think it will be so easy/relaxing this pm

[Foale 10]

Is 465 going to hold as a base for the FTSE? Anyone tempted into a long here?

 

Personally dont think it will hold today

[Foale 10]

anyone caught out there?

[Phil Mibbutz 10]

Long from 465 good for about +40, but maybe time to close in case the Dow goes into melt down mode again.

[Foale 10]

Long from 465 good for about +40, but maybe time to close in case the Dow goes into melt down mode again.

 

Well done Phil...school run again...

 

I am being cautious atm...although trying to get the larger moves...which is why I was so annoyed with myself this am...

[Phil Mibbutz 10]

Well done Phil...school run again...

 

I am being cautious atm...although trying to get the larger moves...which is why I was so annoyed with myself this am...

 

Me too. When the FTSE hit 5600 just after the open I was going to short, but decided not to because I knew I'd be out for a while. Would have been worth 100pt or more with no reversals.:doh:

[Phil Mibbutz 10]

Next stop for the Dow 11,100?

[Foale 10]

I think 11100-11200 a buy area to 11600 and thats about as fine as I can call it....

[Foale 10]

I think we have seen the low on the Dow at 11200 ish...I expect it to occilate between 11250 - 11450 area building a base.. then a move up to max 11600 ( declining) where increased downard pressure will emerge....

 

 

Anyone else like to add their wild predictions to the mix.

[Foale 10]

Short Dax 6355

[gilligullu 10]

I believe flat for a while, then it will break up a few hundred points over one or two weeks. Then start diving again.

 

Cannot really give any number, have not been doing much hw during the holidays.

[Foale 10]

Short Dax 6355

 

 

out 35 +20

took the easy money...

although more downside to come...I suspect

[gilligullu 10]

Short YM 11395

[gilligullu 10]

Short YM 11395

 

Out at b/e. 395 seems to be a support at the moment.

[Phil Mibbutz 10]

I think we have seen the low on the Dow at 11200 ish...I expect it to occilate between 11250 - 11450 area building a base.. then a move up to max 11600 ( declining) where increased downard pressure will emerge....

 

 

Anyone else like to add their wild predictions to the mix.

 

Still think there's plenty of gloom and bad news to come. Wouldn't be surprised to see sub-11000, although there are bound to be some spikes up to catch everyone out.

[Foale 10]

Still think there's plenty of gloom and bad news to come. Wouldn't be surprised to see sub-11000, although there are bound to be some spikes up to catch everyone out.

 

 

 

Agree when I said "low" I did not mean forever or low this year

 

...just that I see some upside soon......

[Foale 10]

Long Dax 6290

Long Dow 11320

[Phil Mibbutz 10]

Short Dow 347.

[Foale 10]

Long Dax 6290

Long Dow 11320

 

 

out dow 35 +15

out Dax 95 +5

 

Does not look that strong...