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FTSE + FTSE 250 - consider trading (FTSE)     

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 - 08 Aug 2014 13:56 - 16197 of 21973

having fiddle-faddled about this morning, i've recovered pretty much all of what i lost on dow last night

i've now closed out that last long position, and am contemplating shorting on the basis that there may well be a hangover from last night

cynic - 08 Aug 2014 14:44 - 16198 of 21973

took a very small position and already out again with a modest 21pt profit, but better than a poke in the eye as they say

skinny - 08 Aug 2014 15:39 - 16199 of 21973

Long DAX @8990.3

skinny - 08 Aug 2014 15:41 - 16200 of 21973

Closed @9007.0 +16.7

edited! :-)

Seymour Clearly - 08 Aug 2014 16:01 - 16201 of 21973

I've been long & short the dow all day, currently long, some losses but profitable overall. Currently long from 16398

cynic - 08 Aug 2014 16:25 - 16202 of 21973

just been cycling for an hour or so and confess i wasn't brave enough to go long before i left so have missed out on this little gallop for freedom ..... still, better that than if it had gone tits up

Rocky - 08 Aug 2014 16:37 - 16203 of 21973

Tempted to put on a big short DOW from here.

cynic - 08 Aug 2014 16:42 - 16204 of 21973

are you sure you don't mean a big girl's blouse? :-)

Seymour Clearly - 08 Aug 2014 16:43 - 16205 of 21973

Just closed Dow +51. It's all yours Rocky.

Shortie - 08 Aug 2014 16:47 - 16206 of 21973

Nice to see I'm not the only one trading the DAX today and doing well.

The old support line continues to hold

Rocky - 08 Aug 2014 16:48 - 16207 of 21973

Hilda Baker lives!

Rocky - 08 Aug 2014 17:07 - 16208 of 21973

Short DOW @ 16451

Seymour Clearly - 08 Aug 2014 17:49 - 16209 of 21973

+67 overall today. Might do some more this evening, see how I feel.

cynic - 08 Aug 2014 17:55 - 16210 of 21973

i've got a smallish long running from 16438 but will prob get out at ~16490 if i get the chance

skinny - 08 Aug 2014 18:32 - 16211 of 21973

Just closed and reversed a FTSE long @6,594.3.

cynic - 08 Aug 2014 20:56 - 16212 of 21973

phew! what a couple of days .... horrible yesterday and a struggle this morning, but dow long just hit limit at 16545, which i never expected

shall now contemplate a very modest short, but that just may be a shot too brave with the great unknown of w/e due within a few minutes

===============

did so at 16550.8 but have actually put in a stop at 15575 just in case everything goes ballistic, which is not my usual style

cynic - 10 Aug 2014 23:25 - 16213 of 21973

just been stopped out ... never mind, for it was just a very small postion

Rocky - 11 Aug 2014 12:35 - 16214 of 21973

Same here, for a somewhat largish position - think I'll go back to juggling chainsaws!

cynic - 13 Aug 2014 18:37 - 16215 of 21973

I've managed to make a few shillings over the last week by ensuring I book respectable profits while they're on offer

for all, dow is acting somewhat contrarily, and continues to power ahead even though the Fear/Greed Index remains stuck below 10 (extreme fear)
the dow itself is now getting very close to a major hurdle which lurks, if I remember correctly, at 16720
no doubt skinny or shortie will correct me if that is inaccurate

Balerboy - 13 Aug 2014 18:42 - 16216 of 21973

you off soon cyners? sampling some french tart.,.
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