Live & Die by the sword....

[FetteredChinos]

right.. closed long at 4832 for +12

short daily cash at 4826


Current Positions

Long: 0
Short: 2 @ 4806 average

Closed profit: +12
Open Profit: (50)


another trade to come at end of today. this was a hangover from last friday's domestic problem


FC

 

[FetteredChinos]

the adventure continues:-

short daily cash at 4858


Current Positions

Long: 0
Short: 3 @ 4823 average

Closed profit: +12
Open Profit: (105)

hmm.. positions mounting up.. the danger of going counter-trend..

 

[Mr Chill]

What's the crack FC ,any up dates i can hardly wait ,

 

[FetteredChinos]

4.30 as usual Mr. C

 

[Mr Chill]

Only pulling your leg FC ,i think your brave putting your trades up like this ,don't think i would do it , Best of luck ,,

 

[trendie]

FC,

have you factored in any election issues in your current situation ?
if labour stay in, then perhaps no real move re: FTSE.
But if Tories win, however unlikely, will the City give them an upward boost do you think?
(only an issue, as you are short the ftse)

or will the result be an economic non-event ?

 

[FetteredChinos]

small problem with the fire alarm, hence the delay

short daily cash at 4887


Current Positions

Long: 0
Short: 4 @ 4839 average

Closed profit: +12
Open Profit: (188)

hmm... small problem with the open position. but lets see how it unfurls..

 

[FetteredChinos]

FC,

have you factored in any election issues in your current situation ?
if labour stay in, then perhaps no real move re: FTSE.
But if Tories win, however unlikely, will the City give them an upward boost do you think?
(only an issue, as you are short the ftse)

or will the result be an economic non-event ?

hmm, i think the result is a non-event, as the labour victory is, pending chaos, largely a formality.

i have a feeling the labour win has already been priced into the market long ago. prob since last year?

still sticking to the system religiously though, despite its short term issues lol..

FC

 

[FetteredChinos]

short daily cash at 4901


Current Positions

Long: 0
Short: 5 @ 4851 average

Closed profit: +12
Open Profit: (250)

well, its getting a little hairy on the current position. but that is 5 up days on the trot. when we get a retrace of any substance, then we should be able to get things back on track.

FC

 

[FetteredChinos]

heading out early today, so taken position early after NFP data


short daily cash at 4922


Current Positions

Long: 0
Short: 6 @ 4863 average

Closed profit: +12
Open Profit: (360)



ok, this is getting silly now.. looks like i picked a great time to start posting these on here!! :cheesy:

still loading up for the short side.. we are unlikely to have many more up days without a sizeable retrace of the current move (+150 points from recent lows) even a 50% retrace would put me nicely back into the money..

FC

 

[FetteredChinos]

long june futures at 4905


Current Positions

Long: 1@ 4905
Short: 6 @ 4863 average

Closed profit: +12
Open Profit: (240)


hmm, unless we get a big sell off tomorrow, it looks like the short will be close at a slight loss..

hmmm.. indeed.

FC

 

[trendie]

whats the difference between opening that long, and deciding to close one of your shorts ?

sorry if this is easy, but it is Monday!!
thanks

 

[FetteredChinos]

there is no difference per se.

but it makes keeping track of the positions easier. rather than monitoring the positions on a scrap of paper, i can just look at the open positions on my trading platform and deal with them that way.

is also easier for you lot to see what is going on

 

[FetteredChinos]

lol i know.. well it had to happen soon enough lol..

will re-assess at close of play today.. a lot can happen in the next 242 minutes...

 

[FetteredChinos]

would like to see a break below 4890 before im confident the down trend has resumed.

fc

 

[FetteredChinos]

right, there goes 4890.

might well be able to bail out of this short close to breakeven..

(sigh)

 

[mofo]

right, there goes 4890.

might well be able to bail out of this short close to breakeven..

(sigh)

FC, have you thought about renaming this board " Live & Die by the Heart Attack" ?

 

[FetteredChinos]

long june futures at 4892


Current Positions

Long: 2@ 4899 average
Short: 6 @ 4863 average

Closed profit: +12
Open Profit: (226)

missed closing the short by approx 5 pts today, which was a shame.. but if tmr closes below 4880 then its time to bail out of the shorts at long last..

at least im earning interest on the shorts, if nothing else lol

 

[FetteredChinos]

well it had to happen eventually. closed off short at 4874 for a loss of -13 x 6 =-78

took a long on futures at 4881


Current Positions

Long: 3@ 4893 average
Short:

Closed profit: (66)
Open Profit: (51)


i like to make things difficult for myself, dont i?

still, +600 or bust by end of june..

 

[trendie]

FC,

re: when you were long 2 and short 6:
what about margins?
are you maintaining these positions with the same company ? (at different months)
if so, was the margin requirement the NETT of the positions ?