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

Thanks GF, will DM you later.

so that rally sure didn't last long!
been out all day, so what's scared the markets?

glad i banked my dow profits yesterday; shame i didn't reverse it :-)

Just wish instead of up, down, up and down again markets would just sell off and have done with it. Earnings season hopefully will sort it one way or another. If in doubt stay out.

Thought this from Merryn Somerset Webb was good.

Long s&p 1928.7

Anyone would think Putin and Obama just had a fight .

dived too low overnight so out 1934

SINGAPORE, Oct 10 (Reuters) - Gold retained gains from a four-day rally on Friday and was headed for its best week in nearly four months as a slump in equities and growing worries over the global economy attracted safe-haven bids for the metal. Spot gold XAU= was steady at $1,223.20 an ounce by 0641 GMT, after hitting a 2-1/2 week high of $1,233.20 in the previous session. The metal has risen more than 2.7 percent for the week, its best since the week ended June 20, after recovering from a 15-month-low under $1,200 hit on Monday. Silver XAG= , platinum XPT= and palladium XPD= were all set to snap five-week losing streaks. "In the short term, I think gold will be around $1,220, supported by the market sentiment after the release of the Fed minutes," said Chen Min, a precious metals analyst at Jinrui Futures in Shenzhen, referring to the U.S. Federal Reserve. "It is likely to test a resistance level at $1,240 and could fall below $1,200 before the end of the year." The minutes of the Fed's Sept. 16-17 meeting, released on Wednesday, showed that officials are struggling with how to come to grips with the dual threats of a stronger dollar and a global slowdown. They also highlighted economic turmoil in Europe and Asia. ID:nL2N0S31Z8 The minutes prompted investors to bet that the U.S. central bank is in no rush to tighten after years of monetary stimulus. Higher interest rates could have hurt demand for gold, a non-interest-bearing asset. A softer dollar, weak economic data from Germany, and a lower economic growth forecast by the International Monetary Fund this week also prompted investors to pile into gold. ID:nL6N0S40JB Asian shares drooped and oil prices fell to a near four-year low on Friday after weak German export data raised fears that a recession at the heart of Europe could slow down the global economy. MKTS/GLOB In the physical markets, Chinese premiums XAU9999=SGEX were steady around $5-$6 an ounce on the Shanghai Gold Exchange, indicating buying interest from the top consumer of the metal. China had been away on a week-long holiday but its return at mid-week provided much-needed support from the physical markets. Demand in India, the second biggest buyer of gold, is also set to increase on festivals and the wedding season.

Chart edited to show range of bullish movement... 6379 gone long.

6348, see, these charts irrelevant. there 'may' be opportunity looming but not here yet, that's why I got out from s&p.

When you ever learn to read a chart then come back and comment. This is a daily chart not a 5 minute fart dickhead!!

lol.. youre the one, you must be headbutting the wall with your compounded loss heh?...6335..

just comedown to give you a clue, you 5-minutes-brain..:)

and of course to remind you that these charts sucks as you can see..no...feel....:)

We wont mention your compounded loss on ASOS, 1000's of points.. I may lose a little today on the FTSE but my currencies play more then cover it... Why do you always confuse and comment on charts making yourself look stupid and then dig your heals in like a school child...

I have no further time to waste responding to you today.

there is nothing to respond
lol, you must be really in pain baby, remember these christmass-tree-looking nonsense got you to this pain, not me ...well you cant remember, youre out of your mind...lol
and I never made 1000's points loses on asos.not like you letting run deep losses with no stop.
I made 1000's of points of profit.
and I always use stops.

..god you must be in pain...cheeky 5-minutes-brain..lol

Taken from the ASC thread!!



Nothing further to say!

It takes 2 to tango cynic.

no gf, he took cynic post from asc tread as sort of true/false indicator to my trade at that time...
like cynic is sort of guru or expert....
im dying form laugh honestly.. !