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This market action is really worrying with the Dow Futures only 12 away from previous high and spx 0.5. Dax is surging higher which is not helping at all. Only the UK at present is showing signs of restraint, the rest need to follow it Now

STV: This is what i posted yesterday -lets see what happens today. U r quite right everything is like "cart before the HOrse". The EUR is knocking the Crap out of the Dollar and the Feds are just watching the Fray.The Eur hit the top today and with the uptrend as it is can reach 1.24 -1.32 the way its going and holding the 1.21 area. The reason i give this is when the EUR is rising it gives serious pressure to the DOW hence pushing it down -and recently i have been taking both the dow and Eur antagonistically -works sometimes but beware it can be very volatile at times.

Hi Everyone

The range on the Dow l see for today is 9830-9920, estimate for Wednesday 9870-9940
Thursday 9900-9970. Friday is the day when we should be falling back but the day will be led by unemployment figures in the US

Anyway these are solely my guesstimates and please DYOR & NAG.

lets see what it throws at us.Could be avolatile session hence give us some opps both ways.

rgds
zarif

stv, my concern mirrors yours. I am short from yesterdays close. I still think however it will test 9800 again. Of course I could be wrong and more than likely will be wrong but I'm not betting amounts that will worry me if I am wrong.
Take it easy out there.

Well, I was wrong. I'll be stopped out in a minute I expect.

Closed my long from 9854 for 49pts

Nice going Harlosh. Trading WITH the trend is usually more profitable than trading against it. One of these days I will take that on board and reap the benefits.
Good trading.

SHORT DOW FROM 9912 -looking good at present will get out as things start to reverse if they do.

rgds
zarif

short dow 9912 got out at 9879 =33pts @15 =495. thats me set up for the day.
watching now amd see what happens.

zarif

short dow 9898.
Come on bears where is the honey pot -Any steaks from before left i wonder.
zarif

happy trading guys -watch out for the matadors as they dont have their play pals and we dont want to play with them-just humour them.

Todays DOW CHART




Guys watch the chart.and BEAR (thats what we should be today) in mind the pivots and supports to help trade and minimise risk

harlosh: good call. well done still remember your magical figure 9854.What xstal ball u gazing into???

Below is my vision lets see what happens.

The range on the Dow l see for today is 9830-9920, estimate for Wednesday 9870-9940
Thursday 9900-9970. Friday is the day when we should be falling back but the day will be led by unemployment figures in the US

Anyway these are solely my guesstimates and please DYOR & NAG.

lets see what it throws at us.Could be avolatile session hence give us some opps both ways.

Another short open 9918 -Now to start praying for it to go down as it si nar my guesstimates.

rgds
zarif

There is a Yorkshire Traders meet tomorrow at the Crowne Plaza,Wellington ST, LEEDS at 19:30hrs. I am going to it.Its run by Tim aka THE PRIEST.

further details from Tim Leleux tim@coachhouse.co.uk

rgds
zarif

Closed the shorts at 9899 : opened at 9898 (lost 1pt =5) and 9918 (gained 20pts =100) nett effect on this trade was 95 gain. Plus 495 from before =590 for todays trades.
Phew thought it never get there.I bet it falls like a bomb now.

Call it night just watching the screen now.

good day today.
zarif

Nothing bearish about this trend.

On the other hand......ooops....sorry about the size.

Hi Guys. Just back from Fleetwood Mac concert at MEN Arena. Wish I hadn't bothered. The Dow looks as though it was more entertaining. Sad really cos they were terrific in their day.

Wont be around much today:
Off to the Yorkshire traders meet: crowne plaza, wellington st.leeds. 19.30hrs
Will be setting off from here around 4.30pm and hopefully dont get too much traffic(ha ha)
I have got a EUR/USD long from lastnight and in good credit at the moment.Eur hit a high again at 1.2156 before and the uptrend if continues will reach 1.25 -1.35 area.Just keeping evaluating the trail stop and locking in profit atm.
rgds
zarif

Why does zarif go to trading seminars?
He does pretty well without any help.
Maybe we should get him to hold a seminar and show us how to do it.

What about it zarif? Host a seminar for us. We can hire DG's coctail bar for it.