Live Indices Trades

[firewalker 10]

Don't understand all this short talk. Dow futures almost static for the last 2 hours - there's massive buying demmand waiting on the sidelines after the noise (sorry 'news').

Opened a small long on the dow fut at 326 and a limit long at 303.

 

Limit to close 400.

 

noise news, hehe, like that

 

I agree it looks strong, with the background and the selling climax from Thursday evening the odds favoured more upside yesterday... will be interesting in 5 minutes.

[firewalker 10]

... will be interesting in 5 minutes.

 

little pre-market trade

DOW short 12330, stop 40.

 

well it didn't last 5 minutes

 

out, with slippage at 43 for -13 :\

[Foale 10]

Ok trying again with some June Futures shorts...

 

short Dax 6845 stop 6875 swing trade

 

Short Ftse 5925 stop 5955 swing trade

[postman 10]

Don't understand all this short talk. Dow futures almost static for the last 2 hours - there's massive buying demmand waiting on the sidelines after the noise (sorry 'news').

Opened a small long on the dow fut at 326 and a limit long at 303.

 

Limit to close 400.

 

Closed the 326 at 341

Limit order still open.

[postman 10]

Long dow cas 309

[gilligullu 10]

Long Ym 273, stop 263

[gilligullu 10]

Long Ym 273, stop 263

 

Out 289, +16.

[myrtleturtle 10]

Short DAX daily if it falls to 6815. stop=6840. call valid for next 2hrs.

[postman 10]

ok - dow no change ftse up 1.8% - somethings got to give.

[postman 10]

ok - dow no change ftse up 1.8% - somethings got to give.

 

Unfortunately it was the dow - out for -49 my stop was below the close :crap:

[postman 10]

ok - dow no change ftse up 1.8% - somethings got to give.

 

I know this is not a trade - but it relates to a trade I lost money on and so its important to me . I thought the ftse and dow were closely linked so does the current divergance surprise anyone else?

[firewalker 10]

I know this is not a trade - but it relates to a trade I lost money on and so its important to me . I thought the ftse and dow were closely linked so does the current divergance surprise anyone else?

 

Here are some correlations but I haven't got figures linking European indices with US indices... will have a look around.

[myrtleturtle 10]

Short DAX daily if it falls to 6815. stop=6840. call valid for next 2hrs.

 

bail out for BE.

 

entry was below the last bit of sideways movement around 6818. SL was close to top of move.

happy it broke well. but not happy it recovered - thought it would make a clean move.

end of day for me, so not interested in hanging about.

[firewalker 10]

I know this is not a trade - but it relates to a trade I lost money on and so its important to me . I thought the ftse and dow were closely linked so does the current divergance surprise anyone else?

 

Here are some stats about the correlation between the S&P and the FTSE. It's not about the DOW versus FTSE, but as the DOW is 95% correlated with the S&P, it's as good as... First look gives only an average correlation of 50%...

 

http://www.econstats.com/eqty/eqem_mi_10.htm

 

Edit: just had a closer look and there's loads of numbers there, going back as far as 1928 for some markets.

Edited June 17, 2008 by firewalker

[Foale 10]

Ok trying again with some June Futures shorts...

 

short Dax 6845 stop 6875 swing trade

 

Short Ftse 5925 stop 5955 swing trade

 

 

Decided not to be too greedy on my first one.....

 

 

closed Dax short 6798 +47

 

closed Ftse short 5855 +70

[Foale 10]

Reason for the close..

15 min Dow looks over sold....

I have 12188 area as a pivot support

and likely it will bounce back over 12200 in the near term

[postman 10]

I know this is not a trade - but it relates to a trade I lost money on and so its important to me . I thought the ftse and dow were closely linked so does the current divergance surprise anyone else?

 

FTSE indicated at 90 points off its high at 1:30pm. That's a 1.5% drop so the dow is having an effect.

 

I've gone long on the dow cash at 195 limit 245

[Phil Mibbutz 10]

Evening all. Long 209 in the hope it'll break upwards to around 240.

[Phil Mibbutz 10]

Evening all. Long 209 in the hope it'll break upwards to around 240.

 

 

A demonstration of why I haven't been posting much recently. Anything on TL seems doomed to be a loser! Swift -12 on that one.:crap:

[BuzzLightYear 10]

Morning all, long ftse @ 5795, stop 5780, target 5830

[Foale 10]

Long Dax 6748 Swing trade

 

Long Ftse 5778 Swing Trade

 

Dow level 12130

[Foale 10]

Long Dax 6748 Swing trade

 

Long Ftse 5778 Swing Trade

 

Dow level 12130

 

 

Just not comfortable with this at the moment

Clearly there is the threat of 12100-12080 and its too risky...

will be back with my swing longs later...

 

out Dax 56 +8

out Ftse 78 +0

[BuzzLightYear 10]

Just back, got stopped out on that earlier trade. Sidelines agian now.

[firewalker 10]

DOW long 12100, stop 90.

[firewalker 10]

DOW long 12100, stop 90.

 

out at 12120 for +20

just a pre-market scalp there