Index King In Da' House !

Thank you for the reply Indexking.

Sean

IK,

Are u buying ftse and selling down at diff of 5200 or more all the time?

If so, at what point do you close?

Also, are your trades on both ftse and dow close, or only dow close but ftse intraday?

Thx

Reply to Mombassa

Hello, No I am not selling at that difference all the time. That is the current maximum +/- 50 points while Dow is between 9000-9500 with Ftse at 4000-5000.
I always close pair trades at the same time and I always put them on at the same time (unless they come under my old system I posted before)

The reason I choose Ftse/Dow is because you can trade them 24 hours 5 days a week (well you can with Deal4free) Since I am busy cleaning all day I rely on after hours prices to put my trades on or have to use conditional orders.
If you follow any trade of mine you can either wait until I post to say close trade or if you're happy with your current profit then close out. Do not though close one index unless you intend to close other as well at the same time !! VERY IMPORTANT !! and vice versa

The trades I am posting will be 'both on, both off types with no single index being traded alone. This new system is 84% accurate so I have decided to stick with it for the time being and post the trades here.

Thx IK, so u only place a trade after dow closes and before ftse opens next day?

Can't believe u r cleaning - surely u jest sir !

Thx again.

Yes generally I put my trades on after hours. When the previous day close price triggers a trade you can wait for the next day before trading to get better prices.
What you must not do is wait for the dow value to be reached to trigger the trade then jump in before it closes. It must always CLOSE within the target boundary to be a valid trade. Otherwise you end up on a false breakout.
People not realize huge importance in close prices !

Regards

IK

Hello

In order to buy Dow and sell Ftse the closing price of Dow must be 9345 or less. Do not jump in unless it closes at or below this price.
Anyone currently doing my dow/cac, dow/dax trade will need to exit if this dow target is reached.

Regards

IK

Hello indexking

this trade is looking like it might be on at the moment, although the dow is yet to close. what ratio of £'s per point do you suggest e.g. £1 per point you buy on the dow for every £2 you sell on the ftse for example?

i'm watching how you get on with interest - best wishes

loser

Hello

Guess what the trade is on !
Buy Dow/Sell Ftse @ difference of 5132 or less.

Anyone doing the Dow/Cac or Dow/Dax should exit and reverse their bets. Current difference are as follows to exit and reverse
Dow/Dax @ 5850
Dow/Cac @ 6053
Do both now if possible or wait til tomorrow. Do not just exiting Dow because dax/cac is closed !

I have placed the Ftse/Dow trade now.

Please bear in mind that system is only 84% accurate and so 13% can lose. Also trade may carry loss before profits realised. I will post when to exit and reverse !

Good Luck

IK