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Hmm !!!---- knew i should have chanced a long off those lows ---- The Bull's had his " dangly bits " firmly caught between the bricks again , it would seem atm. (lol) ----- GLA -----
But will watch those daily lows for another short entry , perhaps !!!!--- GLA ------
Yes, the Bull is still roaming about !!!--- Dow was closed for a very small profit ( +5pts ) ---- GLA ---- may be time to go long soon (lol) ----
Good Morning All ----just closed the Dax short for +37pts on the spike down -- Dow 17800 has been triggered , so keep an eye on that ----- Back in profit overall ---- Everything still rather bullish , so just waiting it out for a few minutes --- GLA ---
Dow short --out @ 17813 ( +13pts ) ----( minus 12 pts. on the day )-- Dax still running ( currently minus 24pts ) --- Dow short order for break of 17800 now ---- Not too bad on the day , could have been a lot worse as FP would say !!!--- GLA ----
Bulls still rampant on Dow and Dax ----- Stopped out of Dow @ 17772 ( -30pts.)( 25pts on the day so far )--- Short Dow again @ 17826 --- Dax still running --currently -27pts. ----- Still looking at a pull-back soon --- GLA
The Dow & Dax Bulls not ready for a breather just yet , it would seem !!!!--- GLA ----
Well, took me out of the Dow short on a small in profit s/l @ 17700 ---- was beginning to regret it until it powered higher after the opening !!-- Short again from 17742 ----- Dax still running ( bit of a loss overall atm.) ---- GLA -----
Hello FP and well done !!-- Very quiet board all week ---where has everyone gone ????? --- Dax looking very bullish/strong today ---less so the Dow and even less so the Ftse100 !!!!--- I'm jumping back in ( probably foolishly ) with a Dow short @ 17705 just --- And a small Dax short @ 10957 ( probably test 10000 tho' now ) ---- I'm looking for a pull-back sometime soon now in November before the ,hopefully, traditional Santa Rally !!!! ( fingers crossed ) ---- GLA ----
Afternoon anybody :--- Well, Dow and Ftse100 seing a bit of slippage but Dax has recovered to close well above that S1 level around 10777 ---- GL anybody ------
Jo :---- Had no idea this message board existed !!--- Still got a few " gremlins " i see, --- i wish the team Good Luck with sorting it out !!----
The Dow has done remarkably well since the 16000 lows but even after all that tho' the 200ma and 252ma are still falling trend lines !!!!--- A sustained move above 18020/50 ish is still needed to negate the falling trendlines -- But Dow is Daily rsi overbought slightly atm. so have to see where it all goes in the short term ---- GLA ----
Morning All/ Anyone ----- posts still not been re-instated , i see !!!--- Still just me and the cobwebs atm. ?? ---- FX-Empire and IG-Index agreeing in the main that the consolidation / pull backs on the Indicies may have further to run still ---- Dax and Ftse100 back below S1 levels again ---- Dow not so bad atm. ---- Am waiting for an E-Mail from the IG analyst / daily columnist on that question about why he keeps posting Dow 200SMA incorrectly !!!!--- GLA -----
Markets pulling back a bit more today as the realisation sets in that interest rates will probably be rising in december ( US) ---- Dow, Dax and Ftse100 all testing immediate support levels atm -----some holding , some not !!!!--- GLA -----
Come on everyone ---- i know all the posts have disappeared and the markets are flying high against the "shorts" but just pop in and say hi at least (lol) ----- GLA in anticipation ----
Afternoon Everyone ----- still a few gremlins in the system, i'm informed !!!-- Have to wait and see if the posts re-appear later on !!!-- Markets surging on FOMC news, i suspect, or in anticipation of FOMC news ? GLA ----
Itsallin'-----look to the Dow close for direction on the Dax tomorrow morning- If the Dow sells off into the close then look out below tomorrow -- If the Dow rallies into the close above the days high of 18088 --then we have a supportive candle/ hammer to go into tomorrow on -- Early Dax should react positively to that !!--- GL----( looking forward to you tangling with old favourites on the Tessy bb.)
No hammer on the Dax today and no reversal into the close on the 1 minute daily price action --tomorrow will be another interesting day -- First couple of hours should be volatile again (lol) --- GLA ---
Shaan-----don't forget tho' --if holding these swing positions on a S/B DFB/DFT you have overnight commissions /rates to pay but do pick up any Dax30 dividends if pos. is long !!_- If you go with a quarterly Futures S/B --no overnight levis , of course, but wider spread --- Check CFD levis/commissions against S/B to see if they are better --- Sorry if i'm teaching your granma how to suck eggs !!--(lol)--- GL----
Shaan -----your Dax 11494 altho' running a loss which may get deeper short -term will without a shadow of a doubt be overtaken on it's way to Dax 12000 and beyond !!---- Treat it as a swing trade and if Dax drops to 11240, or 11166 or lower short term then add another swing trade at one of these levels ---- I enjoy scalping , as you do-----but as our other poster says, each to his own ---his method was adopted , in the main by F4 and FP as well ---- GL what ever you go with -------