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Fizman · 09-09-2015 11:12AM

jpboard1 wrote: »

What is your target?

I think the short term is 100 points, but I think I may leave in a medium term play as I think the 10800-10850 levels could very well be hit again. I'd expect 108 to be hit again before 116.

jpboard1 · 09-09-2015 11:16AM

Fizman wrote: »

I think the short term is 100 points, but I think I may leave in a medium term play as I think the 10800-10850 levels could very well be hit again. I'd expect 108 to be hit again before 116.

I would be thinking similar. But I am keeping an eye on the 98 dollar index level. I think we could see dollar weakening again from that area.

Fizman · 09-09-2015 11:19AM

Also looking into a long DAX position. With markets looking to have settled from the madness, I think there is good potential for a nice bit of upside over the next few days at least. 11000 looks a target.

jpboard1 · 09-09-2015 11:21AM

Fizman wrote: »

Also looking into a long DAX position. With markets looking to have settled from the madness, I think there is good potential for a nice bit of upside over the next few days at least. 11000 looks a target.

I am bullish the markets again but would be waiting for a decent dip to enter. Just my way.

Fizman · 09-09-2015 11:33AM

jpboard1 wrote: »

I am bullish the markets again but would be waiting for a decent dip to enter. Just my way.

Understandable. Asian markets had big rallies overnight (Japan nearly 7% alone). Europe has been fairly flat today, down 60 or so points from Frankfurt open so think that may be a decent entry point.

jpboard1 · 09-09-2015 11:37AM

Fizman wrote: »

Understandable. Asian markets had big rallies overnight (Japan nearly 7% alone). Europe has been fairly flat today, down 60 or so points from Frankfurt open so think that may be a decent entry point.

Do you have a stop in mind?

Fizman · 09-09-2015 11:41AM

jpboard1 wrote: »

Do you have a stop in mind?

Technically I think the indices are still in hurricane territory, with big moves still a possibility. With that in mind, when re-entering these products once they've settled down a little, I would usually still enter with a big enough stop (seeing as any kind of news seems to be moving them these days) but with a small enough stake. If entering around 10450, with 11000 target in mind, I'd consider a stop around 10290.

That's roughly a R:R of 3.5 : 1.

That would be roughly 1.6% of my capital exposed, so falls well within my trading maths / risk management.

jpboard1 · 09-09-2015 01:15PM

Fizman wrote: »

Technically I think the indices are still in hurricane territory, with big moves still a possibility. With that in mind, when re-entering these products once they've settled down a little, I would usually still enter with a big enough stop (seeing as any kind of news seems to be moving them these days) but with a small enough stake. If entering around 10450, with 11000 target in mind, I'd consider a stop around 10290.

That's roughly a R:R of 3.5 : 1.

That would be roughly 1.6% of my capital exposed, so falls well within my trading maths / risk management.

I normally use much wider stops. But then they are for larger portions of my capital. That said your risk management looks excellent. IMO

jpboard1 · 09-09-2015 01:33PM

Any NFLX interest here? Starting to look attractive in this pullback but May chance getting in lower(80ish)

Thargor · 09-09-2015 02:25PM

I think they're under siege tbh, look at the thousands of films they lost recently, the old networks still have the power to crush them with their own platforms, no idea how to value them anyway so staying away.

Anyone got any thoughts on HSBC? Need to put a 15k lump sum away and they have been beaten down with a nice dividend.

jpboard1 · 09-09-2015 03:44PM

Up 7% today. Would have been nice for some of the shorter term traders here.

Sabre Man · 09-09-2015 05:04PM

They "lose" films all the time. I think their strength lies in their own productions. Definitely one to watch.

jpboard1 · 09-09-2015 09:22PM

For ever odd wrote: »

Filled at 24182 short, 20 point stop. Technical trade.

Think you may have been stopped out but if not, be careful of the rate decision.

jpboard1 · 09-09-2015 10:21PM

Nice dip in strength to get back in I would think.

arrowloopboy · 09-09-2015 11:44PM

Long ftse100 and long eu stocks50 in the last few days ,based on mental analysis:D,i like q4 ,espically when the markets have had the 7 shades of sh1te kicked out of them in the summer.

jpboard1 · 10-09-2015 06:46AM

arrowloopboy wrote: »

Long ftse100 and long eu stocks50 in the last few days ,based on mental analysis:D,i like q4 ,espically when the markets have had the 7 shades of sh1te kicked out of them in the summer.

Those fund managers need their end of year bonuses

pajero12 · 10-09-2015 06:08PM

Would anyone know where one would find the component weightings for the MDAX And TecDax perchance?

jpboard1 · 10-09-2015 08:32PM

Taking profit on aussie position added from the lows. Still holding other position for higher eventually.
Looking to short GBP/USD in this area. - 15460

jpboard1 · 10-09-2015 10:09PM

jpboard1 wrote: »

Taking profit on aussie position added from the lows. Still holding other position for higher eventually.
Looking to short GBP/USD in this area. - 15460

closed for profit

ixus · 10-09-2015 10:56PM

pajero12 wrote: »

Would anyone know where one would find the component weightings for the MDAX And TecDax perchance?

Eurex website likely. They give components freely, unlike ftse.

jpboard1 · 11-09-2015 05:26PM

Beginning to wonder about USD weakness. Might not retest previous. Tightening stop. Will look to enter long if this doesn't hold. May be a few days to get opportunity.

arrowloopboy · 11-09-2015 11:27PM

ixus wrote: »

Eurex website likely. They give components freely, unlike ftse.

The FTSE website gives a full list of the constituents and their weightings

.

ixus · 12-09-2015 01:13AM

arrowloopboy wrote: »

The FTSE website gives a full list of the constituents and their weightings .

Thanks, this is new to me. Must be since they moved from Liffe to Ice exchange. It used to be a pain in the .... to get them. Liffe were a nightmare to deal with in general.

moneymad · 12-09-2015 08:54PM

jpboard1 wrote: »

Beginning to wonder about USD weakness. Might not retest previous. Tightening stop. Will look to enter long if this doesn't hold. May be a few days to get opportunity.

Why people trade leading up to this Fed minutes is beyond me.

jpboard1 · 12-09-2015 08:57PM

moneymad wrote: »

Why people trade leading up to this Fed minutes is beyond me.

My positions are predominantly medium to long term and have wide stops. I do not trade the news.

moneymad · 12-09-2015 09:03PM

jpboard1 wrote: »

My positions are predominantly medium to long term and have wide stops. I do not trade the news.

Mine are also. But i don't tighten stops. I personally think the fed raise rates in October and then later on print like there's no tomorrow.

jpboard1 · 12-09-2015 09:14PM

moneymad wrote: »

Mine are also. But i don't tighten stops. I personally think the fed raise rates in October and then later on print like there's no tomorrow.

They may well do.

moneymad · 12-09-2015 09:23PM

Honestly. I'm on the whiskey tonight. However, your post anoyed me about tightening

jpboard1 · 12-09-2015 09:28PM

moneymad wrote: »

Honestly. I'm on the whiskey tonight. However, your post anoyed me about tightening

Everyone has their own trading style. I wouldn't let someone else's style bother you. I hope its jameson!

moneymad · 12-09-2015 09:35PM

That's it. We do. And ya Jameson it is. Long week

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