billy3

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  • in reply to: July 2014 #6842
    billy3
    Participant

      Morning Cimac

      After seeing where Dow settled after close, around 50 pips below  close at 9pm, I decided to close FTSE and long Dow.

      Took +3 on FTSE and Dow currently +20. Have that set to take profit at +30 which is still 20 below close   !

      Oscar has a neutral stance and is looking to buy a dip or sell a rally. Seems a good plan for today. Personally I’d rather short a rally.

      Im flat oil but will consider shorting any decent rally today. Also looking for a better entry point to short FTSE. Anywhere near last nights close will be a bonus.

      Off to work now.

      in reply to: July 2014 #6838
      billy3
      Participant

        Hi Gekko. Good to be back thanks 🙂

        Just closed spx short for 5.5 pips.

        Took FTSE short earlier at 6808. Not looking for too much but a setup for tomorrow or Monday.

        in reply to: July 2014 #6828
        billy3
        Participant

          Ive be followed oscars for years. He’s always pretty accurate.

          in reply to: July 2014 #6827
          billy3
          Participant

            Just taken spx short 1990 cash

             

            in reply to: July 2014 #6814
            billy3
            Participant

              Just gone short spx which doesn’t seem to agree with DOW lack of upside.

              in reply to: July 2014 #6803
              billy3
              Participant

                Thanks Cimac.

                I took profits on FTSE and Dow last night sorting the top. Closed half  oil too leaving just one oil.

                Did a quick FTSE long before open this morning to take 15 pips on gap fill open back to yesterday’s closed.

                Plan now is same as you Cimac. Waiting for later today and if this is another reasonable up day I’ll look to short. May take a day or so to close if it breaks up further. Either way, has to be a reasonably safe bet for a few points.

                Good luck.

                in reply to: July 2014 #6790
                billy3
                Participant

                  Apologies for typos. Must re read my posts before posting lol..odors should read posts !

                  in reply to: July 2014 #6784
                  billy3
                  Participant

                    Hi Cimac

                    Also Dan and Gekko. Long time since we were on here for hours every day.

                    I gave up for some time after getting burn in the relentless rise northward.  It on,y needs getting caught in a small number of positions to limit trading ability unless you have a large pot for margin and can make enough scalping to cover any losses. It got too stressful worrying over trades.

                    I dipped my toe back in a few weeks ago and doing ok by not doing boredom trades.

                    Not on the subs side yet but may do in time.

                    I do read all your odors and it’s good to hear others views so I wouldn’t be discouraged by the lack of response.

                    Cjrrently trading FTSE, Dow and. Nymex. I’m short all of those. Shorting the big up days like today….nymex yesterday.  Shorting near highs feels comfortable as upside is usually limited and breakouts are usually back tested.

                  Viewing 8 posts - 31 through 38 (of 38 total)