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Monthly Archive for August, 2010

OK, I added another long at 5100 last night so my average is now 5115 on the december contract. This is a little risky as we have GDP data out later, which will effect the market, also the FED chairman, Ben Bernanke is talking later. The americans will be looking for signs of stimulus being [...]

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Long Dec 2010 @ 5130

Have reloaded a long on the dec contract. The 4 hour chart is starting to look bullish with a MACD cross on my settings, rising rsi and also stoc. 15 min chart has crossed into bullish territory, with MACD above the zero line and a rising rsi. The resistance level at 5160 didnt seem to [...]

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As above, have taken a bit of a flyer here, might work, might not……. Update 16:30 – stops to breakeven Update 26/8 08:38 – closed for +60

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10000 dow 5100 ftse

I am back! I was expecting some more downside from the 5400 ftse level to be honest, however, we are now at a fairly significant figure – 10000 on the dow. I am expecting this to hold and we will see a bounce that will last for the next couple of weeks. Have just done [...]

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