anyone out there palying the indexes and using spreadbetting
can we concentrate on:
djia
ftse100
cac40
dax

lets see what entry and exit signals we can come up with using
gann
rsi
to see if we can predict profitable trades and concentrate on stop losses etc
love to hear from you all
zarif

jules99

5 point spread is the norm on the dow with cmc....

Mega...

Megs.
thats fine I can live with that...I guess chips I'll have to do without...at 5 pound a point I'll order half a pizza tnite..


Ta.
Jules99

..nas is up as expected on semi conductor sector positive outlook...how do u see dow finishing from here? think it will hit 9295+ today b4 close...

ta.
jules99..

todays low so far, 9293.
nice call jules.
hope you took your profit.

what time (Uk) does dow close..9.30 or 10.00?

9.00 I got it..

snoball...I'm laughing as I Write this thought I made..450.00 quid...selling out at 9370...but..

Doh it's the DOW so it's in dollars..! equates to 271 pounds...oh well...enjoyed the thrill of it...

must do it again sometime...

:-)

HEllo everyone:
The dow managed to scalp both on the longs and shorts yesterday(29/9/2003).So what are we going to do today. I think it is going to head south. On my browing i found the www.sixer.com site quoting a high %ctage of bulls on the dow for today.What are your opinions???

rgds to all
zarif.

Ps: jules99 - welldone on the dow yesterday, I was pretty certain you would get past the 9350 mark.

Levels to watch for in Tuesdays trading:


Dow Jones Industrial Average (INDU) support at 9200; resistance at 9758


S&P 500 (SPX) support at 995; resistance at 1050


Nasdaq Composite (COMP) support at 1780; resistance at 1950

Jules: Megabucks: Snoball:
I hope u are all shorting like mad and not in the longs at present. What a nosedive. I had 2 shorts and collected 114pts at 15/pt and 80pts at 12/pt. Now I am just looking at the screen and anaestehetised myself with my best freinds Chivas And Haigh.
Good luck
rgds
zarif

jules:
I have gone long at 9195 Dec Dow at 15/pt and it is at 9246 as i write at gmt 16.42 (14.00 eastern time usa 2pm) and i think it is going to have a lot more upside and am waiting.

Jules Are you Trading the Daily Dow WHich Expires at end of day trade (9pm), which can be costly at times when the market is uncertain.
You can trade the following month eg#: october november or december and hence giving more time for the trade to mature in case it doesnot happen on the day you can carry on.

let me know and happy hunting
rgds
zarif

That was nicely done zarif.
Way to go.

chaps..
just closed out at long from 9261 - closed out at 9335...

:-)

zarif...I dont have to close out per day, as I trade CFD's...

j99,

very well done....

Mega...

Snoball/mega/zarif...I'm learning from you guys...

Do u follow dow on a real time chart...and which website intra day is best for analysis?

j99,

do you use stop losses on the dow?

Mega...

megB, this is my second day on the indices,,,was about to today as I was out...in the end went in my favour...I an only doing $5/10 A point which with margin I am able to cover , with the market at prsent it could go 200 either way...before a recovery intraday at some point...

Monitoring at present gone long again $5 a point from 9320...I'm looking to make..between 100-450 from each hold...which suits me fine at the moment...if in the last hour market closes above 3320 say 3340 I may leave open, in case it opens on a positive note tmor...

I learnt today not to become too freindly or emotionally attached with indices...if theres a profit and u want it then bank it...tomorrows another day to jump in..

ta.

Jules99.

jules,

most of the move down today was due to the futures falling overnight.
if you don't have a stop loss on overnight you could get royally banjaxed.
be careful and keep up the good work.

Mega Bucks gave us a real time Dow link either on here on the Dow thread
a few days ago.
If I find it I will post it here later.

Royally banjaxd...I like that...lol..

Just gone long again $5 apoint from 9283 to hopefully cover and close the earlier position to 9320. hopefully it gets to 9310+ in which case it's still a profit...

How do think ftse will open am positive ?...and also the DAX...?

and what are the point levels to watch?

jules,

here is the Real Time Dow (and others)

I hesitate to suggest any levels. You're doing alright on your own. :-)