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firewalker

Live Indices Trades

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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 by Foale

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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 :\

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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...

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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

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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...

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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:

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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.

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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.

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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.

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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......

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