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
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.,.
cynic
- 13 Aug 2014 18:45
- 16217 of 21973
have been in dieppe for as couple of days on biz, but back tomorrow afternoon
off cycling for a week at end august, this year's circuit being around moulins
Shortie
- 14 Aug 2014 10:21
- 16218 of 21973
skinny
- 14 Aug 2014 10:35
- 16219 of 21973
I closed an overnight FTSE short earlier and have closed a FTSE & DAX long - all in profit.
Nothing much now until this afternoon - all a bit zzzzzzzz atm.
Shortie
- 14 Aug 2014 10:57
- 16220 of 21973
Action is all in Sterling
cynic
- 14 Aug 2014 15:21
- 16221 of 21973
16220 - i was talking bollocks as usual .... don't know where i got that silly "hurdle" number from
goldfinger
- 14 Aug 2014 15:45
- 16222 of 21973
No neither did I. But then again it is you.
cynic
- 14 Aug 2014 16:00
- 16223 of 21973
never mind, for meanwhile i have been successfully trading in small tranches both dow and C+M Index
goldfinger
- 14 Aug 2014 16:13
- 16224 of 21973
You Silly Billy.
cynic
- 14 Aug 2014 16:16
- 16225 of 21973
would only be a silly billy if i did not regularly realise the profits