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

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

Powered by IST's
Deltastream


Bounced off 25DMA for now.

Chris - that looks like the 200 - see post 13583?

25MA according to MAM skinny

Yep, sorry skinny my head is still in Old Trafford heaven :O)

Yes, nobody likes to see that! :-))

Stopped out of GJ short for a small profit, now long from 166.78 early doors.

.

US November jobs report beats expectations
The US economy created 203,00 jobs in November, the Bureau of Labor Statistics said. That compares with 204,000 in October and a forecast of 185,000.
Meanwhile the unemployment rate was at 7 per cent from 7.3 per cent in November.


on the back of which, dow is now +150

+71 from GJ in a little under 2.5 hours. Had an iffy week trading but this has made up for it. Weekly target exceeded.

so much for the pre-Christmas rally?

bit the bullet on ftse long, but that is somewhat tempered by an existing short on dow and s&p ...... cashed in some other bits and pieces too, though as usual a bit late in the day and not heavily enough ..... still, not a bad (fiscal) year so far

just opened a small ftse short at 6432.5 .... let's see whether or not a foolish move