rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

November construction PMI 62.6 up from 59.4 in October.

Lovely cup on Cable M15, heading for resistance now.

Long @6,542.

Been debating a long FTSE all morning, are you looking for 6600 first target also?

Yes - its seems fairly pivotal - although just to be in profit would be nice!

Its the first time in ages that I haven't had a short running - most disconcerting!

That's the one Skinny. And Cable certainly is resisting!

Looks like I should have been short GJ. Anyway, a few pips in the bag but not confident to take out a long term position.

Went long GJ early am. Think it's ready for another move up, but wdik? Prepared to be wrong ......

Watching this for a short possibility.

Well that all went wrong. Stopped out.

Nice to see you posting on here again Seymour. Never really got into trading Forex must give it a try one day. Pity Hilary doesn't post more often she would be a great help.

Hils is all delegated, she has a bunch of elves doing it for her.

SC - :O)

Currently short GJ, small profit at the moment, watching with interest ...

164 is a long way down.

Watching also, just closed a cable short for a small profit. Have a long position on USD/JPY running.

.

Ed Balls is going to blow a gasket!

Autumn Statement 2013 Live

DOW long @15,869.4

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Bounced off 25DMA for now.