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

i got a long and short today. closed the short little while ago so now left with long. will look to open another short once it is high enough and may close the long if i got a good enough profit.
i think it will be an up and down day today. we may get somewhere by 9 tonight but until then i think we will be oscilating.

Same as u javaid - i closed the long of earlier - have got one long open for long term and now am short and waiting.Also have beed creaming the currencies Shorting USD/CAD and LOng ON GBP/USD and EUR/DOLL. So far so good.

rgds
zarif

hi guys,
thanks for responding to my query,

i have now opened an account with Spreadex, they have a shop in London. The girls in there were very pleasant i went in there and I got the account opened there and then. That's what i call good service!!!

I'm not too concerned that they don't have a trading platform, they gave me a credit account and said if i deposit money i get 10% interest.

Have just sold the FTSE up/down/unch. Looks like i am on to a winner!!!

might do the dow but want to get a feel for these swings....later

O.K. Horse, so what's a FTSE up/down/unch?
Does that mean you win no matter which direction it goes in?
If so i'm off to Spreadex!

Does anybody bet the S&P?
I'm thinking of bringing down my stress levels and trading it.
I figure I can make as much with a 2 point win on the S&P as I do on the Dow.
Which isn't a lot compared to you affluent betters out there.

blimey! How many times does it have to test 10,600?

7th time today.

yeh, i do the s&p
i started doing it since it was 1087. hell of a lot more stable and easy uptrend. i wish i had just gone long and left it. i trade it few times a week and back to your previous question, if i had just left the money in there and tried not to be clever, i would have made a killing.

Theoretically though, javidshaik, one should be able to multiply up on each trade. Finspreads want one to have 25 - 30 on deposit for every 1 bet. So if you bet 20 pp and it goes up 2 points that should increase your margin by another 1 therefore allowing you a bigger bet the next time (and therefore more profit, presumably). If you stay in the same trade all along your margin doesn't increase until you close the trade. I admit I would rather stay in the trade once it is profitable as that would mean less stress trying to pick an entry point for the next trade, if you see what I mean.

i have a credit account with ig so i can keep bets open even when they have temporarily gone the worng way. i should actually leave s&p going and add to it every so often or part close it but instead i close the whole thing because i feel the need to see my balance increase. this once again leaves me back to try and find a good entry point and all teh stress (as you mentioned). however, its not too bad with s&p.

I have traded the s&p before but with 'training stakes' and it was more sedate than the Dow. I think I will give it another try.
The Dow is begining to scare me today! I'm still long!

snoball - i have a long position too. i hope it will recover, if not today then early next week. what is your long open poisiton from?

Just opened a long from 10535 and closed a short -Now lets see if it shoots up in the last hour and half as has stayed in negative ground for most of the day today.

rgds
zarif

10628 :-(

if it stays above 550 at the close I'm leaving it on.

Snoball i have left the long running as well.

nite

nite all. i got a long running too.
till next week guys.
have a good weekend

Have a good weekend and will do it all again monday.
rgds
zarif

mornin' everyone.
looking forward to another good day today. greenspan talking which nearly always pulls the dow down before it goes up again (unless he has hit us all with a hard blow). got a long and a short going from last week and will look to close down position once he stops talking if everything to plan.

javid