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

Around my support points as posted.

I know volatility is what day trader's want, but this is obscene atm - DAX even worse.

6182 ..... almost as wild as the dow in its own way

The volatility is horrible - I'm trading when I can - have had some great days recently - and some dreadful days!

I quite like short stints on the DAX.. The 15 minute with a Ichimoku chart using the Senkou Span is a good indicator, see below where price tests the cloud before the cloud drifts lower, but also note the Tenkan-Sen cross with the kijun-Sen line. This looks bullish to me, but I'll wait and see if the RSI tails off tomorrow before opening a position. Ideally the Tenkan cross will continue above the cloud along with price and RSI will hold also.

Take your word for it shortie :0)

I'm firmly on the sidelines re the index trading, wouldn't know where to start anymore.

That's why I posted the chart Chris, look at how the could thins and price appears to be crossing from under the cloud to above it. Also see the yellow line crossing the green, if both are above the cloud tomorrow its a better sign of upwind's or at least support.

Does that come with rice? :-)

Brilliant Shortie looks good!

Well if your not trading here's some easy reading!!

http://www.ichimokutrader.com/signals.html

Are those City Index's charts?

They are...

Cheers Shortie may give it a go.

Some say they're not the best but I seam to manage to use them and, well you may have seen some of my open / close calls that I've posted.

City Index certainly improved their charts over the years then.

I personally think they all link to pretty much the same feed, Hilary uses the MT4 platform which does appear to do a better job when using oscillators, apparently the programme code is better I am told..

Right time to run, I'm addicted to Clash of Clans right now and warring!!

ftse for tomorrow
confess to being surprised to see cash ftse down 30 at 6170
you chaps will know far better than me if that is a support level or, more importantly, whether that is an "artificially" low level with a bounce due in the morning
with dow again finishing comfortably above 16,000 (thank goodness) my feeling is that ftse will bounce from there
would you concur?

Google missed.

i put money with mouth on ftse at 6189.8 though only at about 07:00

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and limit hit at 6225, so thank you very much and a nice treat to accompany my coffee :-)