Recent content by awices

This is one volatile day. I took a quick short at 11692 and bagged 40 points but am now unsure on what is going on - so I will see what happens for the rest of the day and review overnight.

Unfortunately I cannot guarantee anything!(Nor poresumably can anyone else) I am not trying to boast - but since 9th July 2008 - I am up over 1200 Dow points (I currently play it via IG at £1 per point - so I am not rich yet. I make mistakes too and keep quite tight stops and have been trying...

This move up was strong. Much stronger than I anticipated. According to my reading of Dow Signal's advice from Friday - their stops on their short position (250 points) have just been blown at 11795. Well, I did previously warn that 250 points seem to be a lot of points to drop on one...

Well, I was blown straight out the water! Stops gone at 11705.

OK - you have convinced me. Am taking a small short Dow position at 11650 as I see that there is quite a bit of overhead resistance between 11660 to 11680 - looking for a 50 point + retracement and here is to hoping on "bagging" another few Dow points. Stops at 11705:p

Wow! Just popped out for 30 minutes and came back to see my position from this morning already closed out for a 70 point profit! I did not expect the position to turn around this fast! Mustn't complain though.... OK. Looking now for the next opportunity.

Well, your wishes came true! My position closed out overnight at 11585 (lucky I was not to greedy and had programmed a limit of 65 points which it just reached overnight!) It is back down at yesterdays' opening levels at 11515 to buy. With oil down to under $111, I cannot understand the...

With all the bad news over the weekend with Gustav and Alistair Darling talking about the worst Economic environment for 60 years and with the Dow September futures being marked down this morning, I am "dipping my feet in the water" with a long position and buying September Dow at 11520 hoping...

Thanks for the update on your questions. I still question their logic for running positions with 250-point stop losses and their advice actually changed from going long to going short within a 48-hour period during last week, and yet both signals were with 250-point stops and none of the stops...

Closed my open short position at the NY opening at 11638, bagging just under 70 points on the combined 2 short positions entered yesterday. Am on the sidelines now - will watch what happens later.

Took profits at the NY opening at 11638. Will watch from the sidelines now.

Well, I suppose that if they are correct on the trade (and I hope that they are as I am positioned the same way!) then you could enter the trade even if it is a couple of points lower, but you may need to allow 60 points for a stop loss (assuming that the 50 points that Dow Signal allowed for...

Just tried it on the advanced chart on the September Dow which is in my watchlist and it launched the Java that contains the 4 hour chart as well as the hourly chart. Not sure why you are having problems - are you perhaps trying it out on the September Daily rather than the September 08 Dow?

On IG platform - click on prices and under US indices - locate September Dow and add to your watchlist. If you then click on the September Dow tab - one of the options are quick chart and you can then launch a September Dow chart. It has had a couple of tries at breaking 11700 unsuccessfully -...

Where do you see the next resistance levels above 11700? I seem to have some in play at around 11730 to 11750 and am going to raise my stops now slightly to around 11770. If that level gets taken out too - I would not want to be caught short and prefer to be out the market and will review.