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

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5 min chart looking good for a short.

I was short @6,550 closed +8 now watching.

On edit - it's 11.2 points tonight.

Oh dear, thats gonna hurt....

Should fall away this afternoon, so my crystal charts tell me..

Down to BP & RDSB!

The U.S. economic outlook would have to take a distinctive turn for the worse before the Federal Reserve considers halting its ongoing reduction of bond purchases, Chairwoman Janet Yellen said Tuesday. "I think what would cause the committee to consider a pause is a notable change in the outlook," Ms. Yellen told lawmakers. Asked about January's weak employment report, Ms. Yellen emphasized that the Fed would look at the long-term pattern and consider a wide range of indicators. "I was surprised that the jobs reports in December and January, the pace of job creation, was running under what I had anticipated. But we have to be very careful not to jump to conclusions in interpreting what those reports mean," Ms. Yellen said. Recent bad weather may have been a drag on economic activity, she added, saying it would take some time to get a true sense of the underlying trend. Ms. Yellen said in her testimony that if the data continue to come in as expected, the Fed will keep reducing the pace of its bond purchases in measured steps. It has lowered the amount it is buying by $10 billion each month to a current $65 billion.

6674.8 gone short

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Anyone know the epic for the Dax please, assuming MAM charts include it?

I didn't think MAM covered non UK Chris

CC,

Try DEX. and take note of the full stop, otherwise you'll get something else.

Cover the Dow Shortie INDU? But your probably right about the Dax.

Spot on Hils Thanks.

Short FTSE.

On edit - must keep up!

He just did, Skinners. :o)

:-)

What I actually came here to say was that MT4 users might like to note this.

I've been considering a course Hilary to get me into MT. Pretty time poor at the moment but if there's anything you could recommend then I'd be grateful.