how do you see the dow index going today Dow Jones and S&P commentary: Signal Watch Dr Bob Hard Right Edge Raptor Research Charting by Snoball: Dow Chart S&P Chart Drinks & Break Time at: GD's Famous Tea Room & Watering Hole"

DOW JONES @ LIVECHARTS

nicely done zarif. I need to get a currecny site with decent charts and I might give it a go.

closed my position now. not a great day but cant complain.
zarif, i closed my long position on euro and sterling and am contemplating opening it again. what do you think euro and sterling will go up to against dollar?
im signing off for tonight but catch you all tomorrow.

javid

ps. zarif, what program do you use. i use sharescope and esignal myself.

Snoball the trin is showing 0.94.
Good currency site is fx.com -live charting and free demo for 6mths.
Another good site with all the analysis is saxobank.com- very good as gives all the charting free including ftse and dow etc.

let me know if you cant find them then will send u the links.

Also what are your views for going long on the dow as it will give good opps today if we are lucky.

rgds
zarif

zarif,
I will check out the currency stuff.
As for the Dow, if it Closes above 10550 I will consider it still long.

buying opp coming up now???

Gone long on dow at 10601 daily
shorted gbp/usd for over night trade.

rgds and good night

zarif

Me too zarif @ 10614 on the Feb future.
Fins Dow daily doesn't stay open overnight.

I've signed on with Saxobank zarif.
The demo is taxing my machine somewhat but lets see how it goes.

Hi guys,
Spreadex's Daily Dow doesn't roll over night but i have just bought the march DOW at 10553. Low of the day at the minute, which can be arisky game to play. Just feel it could do a little ranging today in which case i'll try and take 40 pts profit.

Just bought the FTSE too but on the UP/DOWN/UNCH. i think we could get a lot of buyers down here.

As for the Dow, it's diificult to see the support levels as it's been 3 years since we've been here. march dow now 10560 so getting there..

The only thing good about D4F is they let you trade dow & ftse out of hours - price tends to follow futures. At 1am I picked some long dow @10608 and 30 min ago I got some more @ 10570, which I have just sold at 10591!

morning all,
im day long on the dow today.

horse19 - i find the ftse very boring. it is like watching paint dry but 3 times as slow. i have not made a lot of money off the ftse and i much prefer s&p to ftse.

good luck for today everyone.

Fair comment Javidshaik.

That's why i regularly trade the Up/Down markets because you can gain bigger profits than just trading per point movement on the futures.

I don't really trade the S+P but should because it is the real driving force.

well, i haven't closed the dow yeat but almost made the 40pt target. have put a dtop in at entry level. ALWAYS run the winners. Zarif should be able to tell you that after last night!

'ning all,
My Dow long got stopped out at 10542 and now its back to 10594/602. Damn!
long again at 10609.

I'm currently being quoted 10630 dow!

weird,
I moved my stop up to break even and got stopped out.
Fins daily is 10630/36 and the feb future is 10611/19.

Closed my long and now short. Expect it to pull back to last nights close just before open.

KEY EVENTS TO WATCH FOR:

7:00 AM ET. MBA Refinancing Index (last +51.5)

8:30 AM ET. December Durable Goods Orders (expected +2.4%; last -
2.5%)

10:00 AM ET. December New Home Sales (expected +0.8%; last -
2.4%)

2:15 PM ET. FOMC decision on interest rates expected

Afternoon one and all
Still hanging on my long on the dow and am looking for opps to arise.The figs out from Us were not good.Lets see what happens.
Fed meeting greenspan talking at 19.00-19.50 gmt.
Had a good run on the Fx today as kept the long going from yesterday and banked a good sum. Currenly short on the USD/CAD.

rgds
zarif

stopped out again for a loss.
cant seem to get going today so leaving it 'til the close.
i'll play with fx on saxbank

snoball - what distance are your stops when you bet?
perhaps you want to see if you can get a credit account.

zarif - thanks for your (almost) daily key events.

javid

Javaidshaik
I know the emails were late -due to this email virus going around called "My Doom" -it uses bulk mail to infect others and has an attchment in binary form -so if u open it than its ASTALAVISTA for the PC. So if u get mail and are not sure -just delete dont open.

Javaid u r right about the stops - I tend to use "Small stake with a wide stop In the medium term" trades -easier to refer to it as SWIM.

rgds
zarif

What are your views for today?

Ps: Do you do the FX trades? -they are good earners and do move about 100-200 points.The trends tend to be more reliable ,volatality is fine and less prone to noise and market manipulation.