cynic
- 20 Oct 2007 12:12
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
cynic
- 06 Aug 2014 16:08
- 16176 of 21973
ah well; just recouped a good slab of my dow loss of last night
arguably got out a bit early at 16470, but index was looking to be struggling a little
shall now wait to see what happens as 16500 approaches, as there may be a chance for a quick short trade at that juncture
Rocky
- 06 Aug 2014 16:15
- 16177 of 21973
Small short DOW @ 16475
P.S. Well done Skinny
skinny
- 06 Aug 2014 16:24
- 16178 of 21973
cynic - now edited - still long from 6610.1.
Thanks Rocky.
Rocky
- 06 Aug 2014 17:02
- 16179 of 21973
Stopped out +11
cynic
- 07 Aug 2014 10:26
- 16180 of 21973
left a very small dow long running o'night with a limit at 16480 which it was nice to see got hit for +36 ..... a very modest profit in cash terms but better than a similar loss
it's well worth noting that dow has peeked at 16500 several times over the last 24 hours and each time it has retreated
Rocky
- 07 Aug 2014 13:58
- 16181 of 21973
Spot on Cynic, There she goes again!
cynic
- 07 Aug 2014 14:00
- 16182 of 21973
quite so ..... not exactly worrying, but it would be healthier if 16500 was breached and stayed that way, and more particularly, 16555
cynic
- 07 Aug 2014 14:29
- 16183 of 21973
what were US jobless figures like?
skinny
- 07 Aug 2014 14:33
- 16184 of 21973
First 2 resistance points on the DOW 16,498.59 & 16,553.83.
cynic
- 07 Aug 2014 14:41
- 16185 of 21973
it's certainly struggling badly to jump over that first hurdle
Rocky
- 07 Aug 2014 16:14
- 16186 of 21973
Unemployment claims were better than expected - down 6K @ 289K. Sorry bit late with that cynic, as just got back from 'Home Bargains'
Rocky
- 07 Aug 2014 16:18
- 16187 of 21973
Sorry that should have been down 16K.
cynic
- 07 Aug 2014 16:23
- 16188 of 21973
long dow again at 16431, but as i'm out this evening, have set the limit at 16485 which is a level that was being hit regularly earlier this afternoon
HARRYCAT
- 07 Aug 2014 21:32
- 16189 of 21973
.
Seymour Clearly
- 08 Aug 2014 07:01
- 16190 of 21973
Dow down around 100 pts since lat night. Hope your stop was reasonably tight Cynic!
cynic
- 08 Aug 2014 08:56
- 16191 of 21973
thank goodness i closed before i went to bed last night for a relatively modest loss
Shortie
- 08 Aug 2014 09:09
- 16192 of 21973
8938 gone long on the DAX
Shortie
- 08 Aug 2014 09:24
- 16193 of 21973
8951.3 position closed
skinny
- 08 Aug 2014 13:02
- 16194 of 21973
Just had my first DAX trade in a while for +30.
jimmy b
- 08 Aug 2014 13:05
- 16195 of 21973
I'm long FTSE 6566
From earlier i should add .