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

There's a bit of currency chatter on this thread, so...

I don't know if it'll be of interest to any of you, but we ran an analysis of our top 50 traders (in terms of units bc traded) recently and were a little surprised to see that many of them were trading GBPAUD. It's not a cross that I'd ever looked at previously, but, having looked at it, it has a tendency to trend well across several timeframes with signals that have been pretty easy to follow, and I can see why it's attracted a bit of a following.

What about the most profitable pairs Hils? Same there?

I must admit I've started to look at some different pairs recently but not many.

I don't have access to that data for every client, Floss. But, for those I do, the two datasets do tend to operate in tandem.

Cheers Hils - just looking at that combo now.

What sort of spread do you get on GBP AUD? I'm still using s/b mostly which tend to have stupid spreads on some combinations.

Seymour - IG currently have 8 - 18139.9/18147.9

Thanks Skinny. 8 pip spread with IG, it's currently 4 pips with CMC, which I think is robbery!

Don't start Hils.......

Average is 0.6 pip at IC Markets & AxiTrader, Floss, but it's variable (between touch and about 1.2). Plus $7 commission per rtl. LMAX Exchange is best if they'll let you in.

Thanks - doubt they'll have me Hils.

Well ICM and Axi will definitely take you, Floss. It's just LMAX who don't want retail punters any more because they're a customer service nightmare, so deposit $50k and promise you won't complain and they'll be fine. :o)

Regardless, you shouldn't be charged any more than 3 pips with a fixed spread micro account on the GBPAUD cross.

I'm hoping that the GBP/USD May sell-off continues this year.

It's testing the 2009 highs atm, shortie. If it can get up to $1.70, there's not much resistance in the way for a further 16 or 17 cents.

An American take on Clarkson - Top Gear’s Jeremy Clarkson trumps Donald Sterling with racist slur

Leave him alone the worlds gone PC mad ,can't say anything nowdays .

Names white dog Wayne Rooney - no outrage, maybe a chuckle. Look for a message from God on page 42 of book 'X' - those who want to see one will find one.

Cheers,
KidA

Jimmy, I totally agree - I came across it looking for early news out of the US - its quite funny to see a non Brit's take on 'our Jeremy'

Skinny can you recommend a stock screener for short term range trading? or potential bottoms and tops maybe. A list is what i'm looking for not individual stocks so I can make a choice. Cheers BB.

Not really - I do it by slog.

Didn't GF have an automated screener?

Let me know if you find one :-)

ok ta.

skinny
I do remember when the olympics were on Daly Thompson on the One Show was shown a tattoo of the Olympic rings with the word olympics spelled wrong ... he said
" oh an Irish tattooist " and they had to apologise at the end of the broadcast ,we are sorry to anyone who was offended.