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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.

He likes to talk a lot

10 minutes to go and the Dow rockets. Interesting.

Morning guys/gals:
The meeting at Leeds was fun and very enjoyable. It was not a seminar just a gathering of traders and the guy running it is Tim(aka THE PRIEST) who is a good friend of mine.I think if you are nearby or if there is any meetings near to u you should attend as you can always learn something new.Also takes the boredom away from sitting in front of the PC and let the trade get on without us meddling with it( we all do it).

How is the Dow going to behave today? Well depends on the results out today at 13.30hrs gmt and the markets reaction to it- a word of caution is that dont rush into the trade straight away as even with positive news the market has not bounced as it should and they say that the news was factored in.

Goodluck with the trades today.

rgds
zarif

Here's hoping to poor or less than expected jobs data and globally down day without exceeding the high in the Dow printed yesterday. Dax needs to fall <3850 and begin the long decline required to the 3800 level to assist, please!.

Hi Zarif,

Good to have you back.

Stv - I hope it goes down for u and in your favour is that even with good data/news coming out in the past there has been a sell off. I think it will have to retrace then consolidate and then go to higher pastures.The 9850 level is important if breached will go to 9800.Thats my logic anyways.


ps: watch the market when it opens if the shorts are threatened i would suggest a long on the DAX to minimise losses. imho ,nag,dyor.

rgds
zarif