Dow 2007

[shortorlong]

No one interested, participants that is.

more buyers came in at that point .. technical pullback from the down trend
um . that's all I guess

can you please not post such large images? please scale them down a bit

 

[kenobi]

Theres no reason to exit the shorts yet.

forgot my fags......no, just exit the last short. the other remain. +90 is only on the promised short if i got 30, but missed it by a couple


its a textbook trade

(well, some second hand textbook traders wont get it )

 

[Paul71]

forgot my fags......no, just exit the last short. the other remain. +90 is only on the promised short if i got 30, but missed it by a couple


its a textbook trade

(well, some second hand textbook traders wont get it )

Just lighting a cigar myself. I think todays resistance is enough to hold it.

 

[Snownation]

Sorry for the large image.

Could anyone tell me why in this situation people would short?

I couldn't identify any trend there.
Excuse me for the shallow knowledge.

 

[Paul71]

I couldn't identify any trend there.


Exactly! No f*cker else could.

 

[lurkerlurker]

Is anyone selling 13360? It looks like a good short to me (although I know there may be some who are buying the PDH/support).

 

[Paul71]

Sorry for the large image.

Could anyone tell me why in this situation people would short?

I couldn't identify any trend there.
Excuse me for the shallow knowledge.

Don't forget, the volume you see is not always short selling, it could be just participants getting rid of some good buys.

 

[lurkerlurker]

Is anyone selling 13360? It looks like a good short to me (although I know there may be some who are buying the PDH/support).

Looks like this could really break. Wide stop needed though - about 60 pips.

 

[lurkerlurker]

Looks like this could really break. Wide stop needed though - about 60 pips.

New low print - we're going for a ride down!

 

[lurkerlurker]

Cmc Is Down!

 

[Paul71]

Probably a good time to exit them shorts, Kenobi. Load of buying going in at support.

 

[lurkerlurker]

Cmc Is Down!

And thanks to that, I'm out +40. Not keeping a position open when I can't adjust the stops or close when I want. Pity, as that was an hourly / 4H trade which I was intending to hold over the weekend. I got quite a nice price as well.

Not quite as nice as the price I got on my TradIndex demo account earlier though

30/11/2007 15:06 Sell £10 1 13474

That would have worked out quite nicely indeed with the 30 point stop. However, it was a paper trade.......screenshot on request for those who think I am trading in hindsight.

 

[Snownation]

Don't forget, the volume you see is not always short selling, it could be just participants getting rid of some good buys.

Would these good buys be from a long time ago?

 

[kenobi]

aint that nice........take 90 pips while havin a nice little first hand textbook beer

all the other shorts are nicely protected by a firsthand textbook trade

 

[kenobi]

It looks like a good short to me (although I know there may be some who are buying the PDH/support).

yes, the 7nth hand text book traders

 

[Paul71]

aint that nice........take 90 pips while havin a nice little first hand textbook beer

all the other shorts are nicely protected by a firsthand textbook trade

...of course, Sir! And why not!

 

[Paul71]

Would these good buys be from a long time ago?

Who knows?

 

[shortorlong]

Cmc Is Down!

that was fun
we all must hit the button at the same time bringing their system down
must say they were very good on the phones though.

 

[dc2000]

with CMC down there will be a lot of shorts held over for a much better price Monday

 

[shortorlong]

with CMC down there will be a lot of shorts held over for a much better price Monday

for those holding the shorts?, or for those placing trades on Monday?