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Longer term trade set ups that are left to run to accumulate larger points from bigger moves.
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LOL talk about wrong footed

Posted 09-04-2008 at 08:05 PM by Foale (Banking those 50-500 point trades in the Dax and Dow)
Closed my positions Ftse at 5300 -69
and Dow 11200 -70


At this rate will be looking for longs at 10800!
as that is the major weekly support
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Long dow 11270

Posted 09-04-2008 at 01:52 PM by Foale (Banking those 50-500 point trades in the Dax and Dow)
Updated 09-09-2008 at 12:32 PM by Foale
stop to be posted later
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Long ftse 5369

Posted 09-04-2008 at 12:30 PM by Foale (Banking those 50-500 point trades in the Dax and Dow)
Looking for a long Dow entry
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Closed my SHORT at 11561 +117 points

Posted 08-29-2008 at 01:12 PM by Foale (Banking those 50-500 point trades in the Dax and Dow)
Took my profits...
Nice to make my first 3 figured gain.

The first of my two short entries had me worried, but I felt it was a possible turning point, and I wanted to establish a short..

I also closed at this point, as the Daily Dow is now sitting on the support it broke to the upside yesterday, so its a likely reversal or stall point..
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2nd 1/2 short trade Limit sell in at 11707 STOP Both 11760

Posted 08-28-2008 at 01:34 PM by Foale (Banking those 50-500 point trades in the Dax and Dow)
Not my ideal way to enter this position..
I should in retrospect had 11707 as my limit entry as I can see the Dow is shooting for this target area..


Still live and learn
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