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DOW JONES @ LIVECHARTS

I see that the Dow Futures products have moved from the A/C/E platform to E-CBOT today (well actually yesterday) so I have had to reconfigure a few things here.

Sad thing is the E_CBOT is based on LIFFE Connect system so Stops will no longer sit in the Exchange system - as far as I can make out they are held in the brokers system then executed from there as Market trades when the price is reached.


So I am expecting more slipage on fills as I use stops a lot :-( lets hope I'm wrong and also lets hope the Exchange withstands the opening volume.

Ok guys /gals :
getting ready for the Ym auction in about 15mins. I thing it is going to go north and then southbound. I think there is going to be low vols as there is the thanksgiving on thursday and because of this they will be trading light.Beware of whipsaws and also they might just take profits as there is results out this week.

Let the market decide your actions -dont be too quick on the draw.

rgds
zarif

Futures are up around 9680 so we can expect an open up.
Question is, will it hit 9700 and retrace?

JonP, I don't trade real futures, just spread bets.
Does not having the stops in the system mean that other traders can't see them?
That could be a good thing couldn't it?

Come to think of it, on Friday I couldn't put stops onto Fins online system. I had to phone them in. I wonder if that has anything to do with it?

I think stops appear to be visible 'cos everyone puts them in the same place(me too)!!

The problem with the stop in the brokers computer rather than the exchange is the execution delay and if the price is moving fast the delay can lead to quite a move.

Have to wait and see.

Short the daily 9685.

Closed for 3 at 9682.
Too early but points make prizes. lol.

Just closed a long at 9712 (opened 9676) gained 36pts at 10 =360.
Looking for topside then short if opps arise.

the dow seems going up like a bullet at present - iwonder at what level it will run out of steam -and then if opps arise take a short. On hindsight should have held onto my long -but then again its better to have cash in hand then watch it fade away.

zarif

short s&p 47.7

will some kind person please put a bloody heavy lead weight on the s&p i did ask nicely :-)

thank you.....

i think we need more lead :-)

does any one live near a church i need some lead :-)

Cement shoes -portland cement and lead weights -i am adding them as well.Megabuks pull the string down.

team work,down she goes :-)

As i said before i hope it goes lower than monica lewinsky ( cf.bill clinton) ever did as i have got 2 shorts daily dow at 9721 and 9709. i think i was a bit too hasty. My plan is to close them in positive asap-before they come from lunch.

rgds
zarif

done a currency dec Euro/USD long at 11775. -lets see what happens.

For real, zarif or are you using a trade simulator?

unfortunately snoball its for real. The 9721 short keeps coming into credit but am being greedy to see if it goes a touch lower than close them off.

If the Dow closes above 9688 I will go long at the close.
That is a long signal on the 'system'.
I'm going to call the 'system' the 'ma2 system' in future.
The 61.8% Fib is at 9650 so its looking bullish again if the price stays above it.
Of course anything can happen, especially on the Dow.

hmmmm.....tricky one.

Mega Buck, I think you'll need to phone the Feds.

On the other hand, maybe not!
Blimey, i'm glad i'm out. I hate this sort of day.