hello everybody:
YM took a nose dive yesterday.
jj50 - u r welcome.
13.30 jobless claims so lets see what happens -crooks as usual will rally on bad news.
sb: no not on the traders board- when we can do it here for free.
thanks for the updates -much appreciated.
Morninng all:
Durable goods at 13.30 and existing home sales at 15.00 data from US.
So what are we expecting after the recent two days of sell offs? I think it is safer to short the rallies and it takes a long time to go up and pretty fast down.
anyway trade wisely and safely.
Seems a very thought out system and well articulated by the writer.
He seems to know his stuff. I like the different risk levels which would enable users to get their head round the easy(ier) bit before progressing.
Might give it a try in the not too distant future. Got a lot on at the moment.
Harlosh, I think zarif hangs out somewhere else now.
No idea where.
If you apply the Dow system method of calculating the triggers to the Dax then today you would have had a sell trigger of 3896 and the low was 3859. The buy trigger wasn't hit.
I like this idea because you benefit from volatility and don't trade when volatility is low.
morning campers - so whats in store for us today? oil at highs.data out today at 3.30 crude oil stocks.
so are we going to shoot up or zoom down. I feel a pop and drop.
also thursday the bush-kerry debate.
my strategy is still sell these rallies.
Pity, I must have missed you at the mam do on Friday zarif. Did you stay for the dinner? Considering more seriously concentrating on the Dow after the meeting - I used to live in the States and focus more on it then but in the last five years have followed the FTSE.