Member Info for elroytrader

F**k me. 80 points in 10mins and back in profit. Crazy day.

not so luvvly now. Made 100 points on the way up, but given them all back. The market giveth, the market taketh away. Or something like that.

luvvly jubbly. short Dow from 11290 and Euro 770. Indices and Euro ran into a big resistance zone at the same time. Dow and FTSE have horizontal and descending trendline resistance.

Euro still has a tiny gap at 13759, which would effectively test the broken weekly trendline. Not trying to scare you off that short, farmer. ;)

the Dow is flirting with its daily trendline again, which is also the neckline of the H+S.

Hi Jack. Just lost my wallet in a cafe, but some kind soul handed it in intact. Restored my faith in humanity. :)) ps don't see the inverse either, m8.

Dow gap at 11188 got filled and fell back 50. Still a bit to go for my Dow target, but FTSE nearly reached. Nice weak rally to short into.

well, if it's pure speculation you're after, I fancy Dow to push on to 11290 and FTSE 5290, then fall back. Spotted a potential H+S on Dow - http://img20.imageshack.us/img20/4315/djiz.jpg Not much of an uptrend to reverse, but worth looking out for. Funnily enough, the lower lows were never confirmed on the dailies due to the last hour surge to fill the gap yesterday. Couple others - Crude ascending triangle played out today. http://img51.imageshack.us/img51/2755/crude.jpg Silver channel tested yesterday - http://img847.imageshack.us/img847/2817/silverh.jpg Critique welcome - always interested to hear how others draw levels, trendlines etc... As they say, it's part science, part art, so everyone's slightly different.

right, back to the kids. Happy just to watch and dummy trade for now as no time (or peace and quiet) to trade properly.

been away from my desk for a while (or more accurately, my box). See I missed those gap fills - amazing stuff. Also, Silver also got a nice 100 point pop of its trendline, and Gold DB of 1800 area looked a nice trade. Mind you, looking a bit weak now, so odds are 1800 will break on next test. FTSE still clinging on to that daily trendline, but it won't hold forecer. The Dow has made lower highs and lower lows, but FTSE yet to make lower lows.....

closed FTSE short for 10 points. Expect 5050 to be hit later, but got to do some work.

short FTSe 5092.

Euro has to break that wee ascending triangle soon. Will go for gap fill if 580 breaks to the upside.

pros fading the opening moves and scaring folks off their shorts. 20 points made trading with them. :))

jona - yeah, it's great to see lines from other timeframes, but need to colour code them so i know what is what.

you wouldn't be impressed if you saw the state our doors are in after trying to trade and varnish at the same time. lol.

multi-tasking not my forte....re: FTSE. Will wait for break of 5110. It pierced, but did not confirm break.

watch BARC gap down on volume for confirmation of next move. Around half a dozen bearish signals on its chart. Candlesticks of death!

FTSE fallen through daily trendline at 5110 (sorry, earlier post mixed up 1hr lines - must tidy up my charts). Banked the 35 points and will wait for confirmation of the next move.

good timing on the euro short, eh? lol.