is speculative.....
i went short 2193..stop above todays high...
taken to the cleaners and hung out to dry on that trade.......good call FW..
taken to the cleaners and hung out to dry on that trade.......good call FW..
lurkerlurker
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Dow breaking out on reasonable volume. New HOD. Key S/R level at 13700. I'm thinking north another 20 points into the close at least. We'll not see a break of 13690 before EOD either.
lurkerlurker
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Could also be written as "paper long from 13700, stoploss 13690, target 13720!"
lurkerlurker
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And out +20.
+20 paper pips on the day, based on waiting for a breakout, having it confirmed, and following it with a moderate target.
black bear
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traderwatch
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Spy trading
Hi,
The market is manipulated and the only way to win is to see which way the manipulation goes. You want to find out which way the DOW or SPX is going watch the specialists which way are they positioned before the market opens, during the market and after the close. They are the best traders in the world and try not to be positioned against them, that is when they are selling to the buyers or buying from the sellers and use their own account. How you do it: by reading and understanding the time and sales of the instrument (stock, spider, holder, etc.) you trade. Very boring. It took me two years to understand the mechanics and another year to trade it profitably. Remember they (the heavy specialists) never lose.
Have a good trade!
Hi,
The market is manipulated and the only way to win is to see which way the manipulation goes. You want to find out which way the DOW or SPX is going watch the specialists which way are they positioned before the market opens, during the market and after the close. They are the best traders in the world and try not to be positioned against them, that is when they are selling to the buyers or buying from the sellers and use their own account. How you do it: by reading and understanding the time and sales of the instrument (stock, spider, holder, etc.) you trade. Very boring. It took me two years to understand the mechanics and another year to trade it profitably. Remember they (the heavy specialists) never lose.
Have a good trade!
Anomalies...don't you just love 'em 3
Dow down hard premark....... yet europe is holding up pretty well...
That's not meant to happen so......
I've been nibbling at dow from 580cash with an eye on euro indices.... in case they suddenly get the memo....
I would imagine dow goes to 610/616 min before NY open althugh despite 3 drives up off 410
Now 589
This is a nice situation cos you get exit speculative dow long quickly and jump on the eurotrain if things turn nasty..... life is great!
Dow down hard premark....... yet europe is holding up pretty well...
That's not meant to happen so......
I've been nibbling at dow from 580cash with an eye on euro indices.... in case they suddenly get the memo....
I would imagine dow goes to 610/616 min before NY open althugh despite 3 drives up off 410
Now 589
This is a nice situation cos you get exit speculative dow long quickly and jump on the eurotrain if things turn nasty..... life is great!
black bear
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Anomalies...don't you just love 'em 3
Hi Hook
Anomalies...don't you just love 'em 3
and any one interested in checking quick to see if
MEN IN BLACK DAY
ie: Dow S1 well up a bit now , Ftse climbing at +25 days Pivot
Enter EOD figs and watch for couple of weeks , sure you will catch on if interested.
Use Standard pivot points with EOD, enables you to identify and measure move
Dow down hard premark....... yet europe is holding up pretty well...
That's not meant to happen so......
I've been nibbling at dow from 580cash with an eye on euro indices.... in case they suddenly get the memo....
I would imagine dow goes to 610/616 min before NY open althugh despite 3 drives up off 410
Now 589
This is a nice situation cos you get exit speculative dow long quickly and jump on the eurotrain if things turn nasty..... life is great!
Hi Hook
Anomalies...don't you just love 'em 3
and any one interested in checking quick to see if
MEN IN BLACK DAY
ie: Dow S1 well up a bit now , Ftse climbing at +25 days Pivot
Enter EOD figs and watch for couple of weeks , sure you will catch on if interested.
Use Standard pivot points with EOD, enables you to identify and measure move
Last edited:
The Luck continues
We are now over 623... and counting
Dow down hard premark....... yet europe is holding up pretty well...
That's not meant to happen so......
I've been nibbling at dow from 580cash with an eye on euro indices.... in case they suddenly get the memo....
I would imagine dow goes to 610/616 min before NY open althugh despite 3 drives up off 410
Now 589
This is a nice situation cos you get exit speculative dow long quickly and jump on the eurotrain if things turn nasty..... life is great!
We are now over 623... and counting
Hopped off at 640 (+55) since news pending and holding would be "risky"
Will look again later since 6hrs left after all ....:cheesy:
from http://www.moneysorus.co.uk
A delayed response but here it is anyway ... i believe they expect continued weakness and have published some levels for S&P cash and called the top to within 4 pts and are looking for a test of:
1513, 1488, 1474 and 1411 respectively. They have netted nearly 100pts of this move and they are pretty good at picking the bigger trend. At the August lows they were buying when almost everyone was swimming in blood and looking lower.
They will be looking to turn bullish very soon as they track on price and time. I've just gone on to their free new chat service (just launched) which might be worth a visit.
Good luck!
A delayed response but here it is anyway ... i believe they expect continued weakness and have published some levels for S&P cash and called the top to within 4 pts and are looking for a test of:
1513, 1488, 1474 and 1411 respectively. They have netted nearly 100pts of this move and they are pretty good at picking the bigger trend. At the August lows they were buying when almost everyone was swimming in blood and looking lower.
They will be looking to turn bullish very soon as they track on price and time. I've just gone on to their free new chat service (just launched) which might be worth a visit.
Good luck!
firewalker99
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I should think that if "they" are so successful they would not need somebody like you to blatantly advertise for them on a public forum, but would use the appropriate channels.
Otherwise "they" are always allowed to give out free market advice on this forum, but I sincerely doubt your posts have that intention.
firewalker99
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long 13590 futures
AAPL has completed 1.618 up which normally indicates a change in trend...GOOG has completed 1:1 .....
at least these two shorts made up for yesterdays duff NDX trade....a day early on that methinks..
NDX now into yesterdays breakaway gap up @ 2160
firewalker99
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hi there
new home sales down 8%
biggest decline since current market measure began
just exited my long, back at breakeven... wasn't such a good entry
be back later this week
no more time today
Dinos
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Probably why the fall then!
Sept existing home sales -8.0% to 5.04 mln units - vs downwardly revised 5.48 mln units in Aug, and below the median expectation of 5.30mln. NAR cited the exceptional impact of the August credit crunch. Single-family home resales fell 8.6% to 4.38 mln and
condo sales decreased 4.3% to 660K. Regionally, sales fell across the board, led by a 10.0% decline in the Northeast. Sales were -9.9% in the West, -7.0% in the Midwest and -6.0% in the South. Sept supply on market was 10.5 months, highest on record (since 1999). Median sales price was $211,700, -5.6% m/m and -4.2% y/y.
Sept existing home sales -8.0% to 5.04 mln units - vs downwardly revised 5.48 mln units in Aug, and below the median expectation of 5.30mln. NAR cited the exceptional impact of the August credit crunch. Single-family home resales fell 8.6% to 4.38 mln and
condo sales decreased 4.3% to 660K. Regionally, sales fell across the board, led by a 10.0% decline in the Northeast. Sales were -9.9% in the West, -7.0% in the Midwest and -6.0% in the South. Sept supply on market was 10.5 months, highest on record (since 1999). Median sales price was $211,700, -5.6% m/m and -4.2% y/y.
