Search results

I trade options on the ASX although I keep an eye on commodities, bonds, fx, Dow and S&P 500. I also spec on penny stocks when theres high volume.

Nope. Please explain. :confused:

I can see the Dow dropping like a rock. Even if oil drops now, the damage to the US economy by Hurricane Katrina won't be fully realised until the end of the month. The charts also look like its going to drop soon too. Even at the beginning of this week will see the markets dropping in my...

Dow looks like its heading for a big correction on the monthly charts. Won't be suprised if it hits 9000. Oil could be the trigger because it still looks strong and will hit $70 soon and in my opinion, wont stop there. Dows trying to go up but its movements are very weak. The PPT has only...

Hahahahahaha....LOL Nothing better to do in Norway? Must be like counting sheep in Australia:D

Short term looks like the shorts will win. NASDAQ looks weak too in the weekly charts.

Hi Nihaba Looking at taking this trade within the next two to four days. Will wait to confirm support at its current level with support being a long term support line and the 70dma. Its currently retraced (in my view) after showing some divergence in MACD and now I think that buy...

Hi NihabaAshi Can I get some of that too? Thanks in advance. Daniel

Very bullish on the Dow and GOOG. Thoughts anyone?

CME down 16 points from my resistance level of $307. Its resting on support now and if it breaks below $295, you might get a nice little run. If it doesn't break it, it should start going back up again. I hope you caught that last movement Ice. :cool:

Maybe don't use your friends money first up until you've built up enough confidence in your trading abilities. Nothing like the fear of losing your own money to build up experience. Good luck with your journey and the best way to learn is to get in there and do it yourself (with a plan of...

I think the best rate here is 6% for a normal savings account. Maybe from Bank West??? Not quite sure which bank it was. Better returns still if Aussie dollar moves up against the US dollar.

Long term wise I agree with you F, but I think that with retracements, you would be able to capture nice movements. I'm a short term trader so it more suits my style.

Up $5.86 (12.69%). This is where I would jump out..... (sigh) I have to set up that US account.:(

Wow. ITRI up $4.38 (9.4%) today. Makes me wish I was trading US stocks.

Hey Ice, CME's looking weak now. It might try to get to $308 again but it looks like its only to go down from here on in. Just my opinion.:)

I agree with you Optionproof007. To me, the S&P 500 looks set to do a reversal, if not friday, then definitely within the next week or so. Its confusing as the Dow still looks like its powering up but the S&P 500 looks weak.:confused:

Go and find happiness. If you hesitate, it might disappear on you forever!!!! :eek:

Hi persama, just out of interest, are there other factors you look at when making a decision? ITRI up $2.50 today (5.5%).

Totally a discretionary trader so no, don't have use for programming hence my ignorance about programming. In saying that, I would like to know more about programming. It would be nice not to be watching the screen all day long. I like volatility trading as thats how I can best maximise...