Quick update for you. Preliminary calculations are showing a sell off on Dow tomorrow. This may be steep enough to trigger IK's new system trade.
Be very careful tomorrow if you are still long of Dow Jones.
As there was a period of opportunity available after todays FTSE CLOSE where the difference was (5073 or less) I am curious to know if you used this time to place your OWN INVESTMENTS as suggested above
My new system is based on close prices, so although there was a window of opportunity (and very tempting it was !) it has to be that difference when Dow closes later (FTSE close price not really matter as it usually Dow that does the business !). Jumping in before the close and you will probably buy on a false breakout which will cost you.
If dow is not at 9250 or less then the trade does not happen. The difference target will change after tonight anyway. So trade on new difference ie Buy Dow/Sell Ftse may occur tomorrow. I have yet to work out the diference for it !
A trade will be triggered very soon I assure you. It is a case of being patient.
An interesting situation has occurred. It points to my ftse/dow trade being triggered tomorrow if I'm right.
Two pair trades have ben triggered.
difference at 5885
difference at 6084
This points to negative Dow by close of tomorrow, probably enough to trigger a buy on the dow with a ftse sell but I don't yet know the difference for those two.
For the adventurous I strongly suggest you do either of these trades. I am still with my current trade of selling dow and buying ftse so cannot do them. For the skeptics I suggest you paper trade them.
DO NOT JUST SELL DOW. THE TRADE IS A BUY/SELL SIMULTANEOUSLY ONE. IT MAY BE THAT DAX AND CAC DO WELL BEFORE DOW TUMBLES AFTER THEY FINISH !
Hello, No I am not selling at that difference all the time. That is the current maximum +/- 50 points while Dow is between 9000-9500 with Ftse at 4000-5000.
I always close pair trades at the same time and I always put them on at the same time (unless they come under my old system I posted before)
The reason I choose Ftse/Dow is because you can trade them 24 hours 5 days a week (well you can with Deal4free) Since I am busy cleaning all day I rely on after hours prices to put my trades on or have to use conditional orders.
If you follow any trade of mine you can either wait until I post to say close trade or if you're happy with your current profit then close out. Do not though close one index unless you intend to close other as well at the same time !! VERY IMPORTANT !! and vice versa
The trades I am posting will be 'both on, both off types with no single index being traded alone. This new system is 84% accurate so I have decided to stick with it for the time being and post the trades here.
Yes generally I put my trades on after hours. When the previous day close price triggers a trade you can wait for the next day before trading to get better prices.
What you must not do is wait for the dow value to be reached to trigger the trade then jump in before it closes. It must always CLOSE within the target boundary to be a valid trade. Otherwise you end up on a false breakout.
People not realize huge importance in close prices !
In order to buy Dow and sell Ftse the closing price of Dow must be 9345 or less. Do not jump in unless it closes at or below this price.
Anyone currently doing my dow/cac, dow/dax trade will need to exit if this dow target is reached.