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

zarif
One word of warning..as many of us have been there.

It is easy to get over confident when you are having a good run. You start to move stops, increase your stake, think you can go against the trend. Before long you can see all your hard work undone in a couple of days of madness. If you follow the USA thread on the Traders room most of us had a really bad time a few months back following a couple of very good weeks. In fact a couple of people got wiped out or almost wiped out.

I hope you continue trading successfully, the market is always there and there is no pressure to try to beat it every single day.

Regards
Jeff

jeroo

can't see the chart? nothing's loaded....is it just me or does it need to be loaded up again.

thanks.

t.

oh, there it is now - reloaded the page and it appeared.

sorry, jeroo.

t.

Jeffmack:
point taken. I am not trying to beat it but was just creaming the harvest while i could. I nearly lost 3000 just a few weeks ago and by re-evaluating my stop losses etc managed to hang in there by the skin of my teeth.

How do you think the market is going to behave today???
Profit taking and some sell-offs - i hope.

rgds
zarif

Jeffmack:
point taken. I am not trying to beat it but was just creaming the harvest while i could. I nearly lost 3000 just a few weeks ago and by re-evaluating my stop losses etc managed to hang in there by the skin of my teeth.

How do you think the market is going to behave today???
Profit taking and some sell-offs - i hope.

rgds
zarif

Jeroo:
thanks I have copied and posted the links that u sent me on the email.Is it done right -please let me know if i need to redo it again

rgds
zarif

Alright guys and gals,
Are we ready on the marathon line waiting for the race to start.Dont forget dont pre-empt the market

zarif - looks ok here - perhaps the odd space between between links to increase legibility?

Signal Watch - Dr Bob - Right hard Edge - Raptor Research

What amixed msg the mkt is sending today.
Are we long or short today.
Reckon there is going to be abit of selling-off today and profit taking???

nb: Today is the day the astrologer on moneyam article on sunday reckoned that the dow will fall by 200 odd points!!!!!!

rgds
zarif

Where is everybody today?
I bet like me glued to the screen waiting for it to make amove.

rgds
zarif

Not exactly zooming around today, is it, zarif?

Hi Snoball
How was the seminar at fins, Did you enjoy it any new tricks up your sleeve??
nice to have u back.
It seems range bound bobbing up and down and no trade opps.
Do you think it is going to take a hike south when it makes up its mind and if so what level do you reckon.?

rgds
zarif

snoball,

how was the course?

planning to go on global market's one course(possible the 3-day) as there seems to be an awful lot of 'secrets' out there and as it's run by crocodile (i believe it is??) it will certainly help me to better understand all the wonderful 'stuff' on his and other's sites.

t.

Just closed my long from yesterday at 9767 (openied at 9720).Boy just could not wait any longer.
I have got some shorts -hopefully will get chance to finish them off today.

Just Luck and wishing -hope hope hope

Rgds
zarif

Looks to be struggling at the current level. i'm short Dec Futures 9759
Edit: stop at 9779

jeffmack:
I have got a short opening at 9745 and 9731 at 5/pt and stp loss at 9785
I hope we get them it would be great if it trekked down to near enough days low at 9700.
best of luck and i hope we can scalp them before the bell.
I believe the Intel results will be coming in after the closing bell.Any ideas as to what we can expect.I hope they work in our favor.
rgds
zarif

The course was good.
We were shown a simple system (Fibonacci)that forecasts support and resistance levels and the signal pattern to watch for to enter the trade (short or long) and how to calculate the stops.
Nice sandwiches and the coffee was good too.
No great 'secrets' I'm afraid.

About the Dow. We are at resistance now.
I am now watching for a short trade set up to occur tomorrow or soon.
If it closes below 9769 then a short with a tight stop will be the order of the day. Well, that's the theory.

Just missed my stop by 1 point

Snoball:
It seems to have rocketed at the end and i just couldnot resist getting another short.
I am off to a seminaron thursday at bredbury(stockport) by a chap called fred stafford (IDS and GML ltd. Its a free seminar with free lunch and refreshments.Its about Gann levels ,entry and exit points etc.
I will let u know what the score was.

I think it is about time they took in some profits and selling before the hike up.
Statistically October is supposed to be Downer -EXCEPT when we are in the game.I think in our case the auctioneer in taking bids from the chandeleirs!!!

rgds
zarif

Thar she blows. Watch it stop at 9810 (maybe).