Recent content by kool4caats

I wouldn't be surprised if there was a rebound from the current low of today, making up most of the lost ground by the end of the day. I don't really have much to base that on at the moment, but my original analysis was looking at 12950 by the middle of next week, which I don't think is out of...

The attached chart shows my analysis of the Dow. This chart is a couple of days out of date, but the price action has been contained within the symmetrical triangle formation, and is really running out of room now, so I'd expect a big breakout today, and my position over the last week or so has...

Maybe a bit off-topic, but has anyone got any thoughts on the Dow? ;)

For me, I think my main ambition is freedom to work when I like and where I like, and escape the rat race and the endless 9-5, weekday/weekend cycle. Technology can only improve - you can pretty much trade from anywhere now, but improvement in communications will make that easier and cheaper to...

I think we might have a good rally today. I think 13400 might be breached, but it will turn shortly after. But I could be completely wrong! The .618 fib line of the 14021 to 12512 move and the .768 fib line of the 13696 and 12512 move are pretty much on top of each other at around 13445. This...

I don't know about all those indicators, but I'm betting (hoping) on a big down move sometime soon.

Thanks for the replies, guys. What you're saying does make sense, so I'm glad I asked on here first before I complained to Finspreads ;) It's great to have so many people willing to help on my first post :cheesy:

Ok... I'll try to explain. I do all my calculations, i.e where to put my stops, based on data that I download from Paritech on the Dow Jones, which is presumably what is defined as the 'market' prices. I then open a position with one of the Wall Street Futures - Jun, Sept, Dec, March usually...

Wall Street - June (in this case)

Ok, I've been trading the Dow Jones with Finspreads on an end of day basis for a while now, and I've recently started using "Market" stop losses instead of stops based on "Our Quote", although something has recently happened to make me start to wonder if I have misunderstood the meaning of...

I'm another that works in IT. Unfortunately it means I keep checking the charts every 5 mins :|