Who's shorting Dow Jones now?

Doomberg

Established member
960 75
Looks like a great short trade, especially in 4h... my entries are around 13070 and my stops are at 13105.
May move stops up slightly if need be above the high to about 13130. My limits are at 12650.

Just entered now, Anyone else shorting DJ now?

What's your opinions?
 

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Lee Shepherd

Senior member
2,164 572
Thats a nice big trade you have there Mr Doomberg. Probably the biggest I've seen here for a very long time. It's refreshing to know there are others out there with their heavy balls on the line. If its of any significance last week I closed out all my dow longs.

Your target is the equivalent of most peoples yearly wage.
 

wallstreetwarrior87

Senior member
2,066 388
Looks like a great short trade, especially in 4h... my entries are around 13070 and my stops are at 13105.
May move stops up slightly if need be above the high to about 13130. My limits are at 12650.

Just entered now, Anyone else shorting DJ now?

What's your opinions?

We go to new highs on the year!

Dow cash 13600, then re-asses the situation.

The coming data should give us a chance for better prices than we currently have on offer.

Its official bear hunting season in the US, and I dont mean the cuddly creatures;)
 
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Doomberg

Established member
960 75
Thats a nice big trade you have there Mr Doomberg. Probably the biggest I've seen here for a very long time. It's refreshing to know there are others out there with their heavy balls on the line. If its of any significance last week I closed out all my dow longs.

Your target is the equivalent of most peoples yearly wage.

Target was £1000+ was only rocking £3 a point but i can see falls of 500 or more points when it breaches 13000 properly. Anyway guys, was an anti climax, it got me in my sleep, the highest it has reached in days was 13109 and my darn stops were at 13105... like i said i was prepared to move it above the highs to about 13130, should of done in the 1st place tbh, we live and we learn.

I still think this is good to short, if it breaks 13000 properly, i'm back in :clap:
 

Lee Shepherd

Senior member
2,164 572
Target was £1000+ was only rocking £3 a point but i can see falls of 500 or more points when it breaches 13000 properly. Anyway guys, was an anti climax, it got me in my sleep, the highest it has reached in days was 13109 and my darn stops were at 13105... like i said i was prepared to move it above the highs to about 13130, should of done in the 1st place tbh, we live and we learn.

I still think this is good to short, if it breaks 13000 properly, i'm back in :clap:

Hi Doomberg,

I'm confused about your graph then if you say its only £3pp. On the graph it shows where your target is situated (at 12650) and shows 3 open trades, 2 at 13070 and 1 at 13072 at £14, £14 and £16pp respectively. It also shows you stops at the price you stated at 13105 also for all 3 trades.

Why do you say your only trading £3pp ??

Cheers,
Lee
 

piggybridges

Established member
632 200
Maybe them £14's and the £16 is how much he was currently making on each £1 per pip. 3 entries = £3per pip.

So the market was at 13054 so he's making 14pips each on his 2 shorts from 13070 and 16pips from his 13072 entry??
 
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Doomberg

Established member
960 75
Yes the market had moved a few points since i took the screen shot
 

Doomberg

Established member
960 75
Why... does £3 a point make me the T2W king?

I know that The Hare spreadbets £0.10 a point on Plus500, but there must be some real big players on here?
 
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Lee Shepherd

Senior member
2,164 572
Maybe them £14's and the £16 is how much he was currently making on each £1 per pip. 3 entries = £3per pip.

So the market was at 13054 so he's making 14pips each on his 2 shorts from 13070 and 16pips from his 13072 entry??

Now I see. Thanks Piggybridges for pointing this out, it had me confused for a while.

Cheers
 

Doomberg

Established member
960 75
Ok it's doing what i wanted and expected despite being whiskered out of the initial trade by 4 points as i slept, *note to self.. yes do place stop above the high if not able to watch market* anyway now it's broken 13000 i'm happy with this entry. Target is 12700 with nice tight stops.
 

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Doomberg

Established member
960 75
This will do what i'm saying, but the swine just stopped 4 of my positions out that were at 13035... by 0.6 points (n)

I'm off yo get a bottle of whiskey and a prostitute... haha jokes but i'm not prepared to put any more in to this trade
 
 
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