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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

goldfinger - 16 Dec 2014 17:49 - 17068 of 21973

Shortie get than short open again. Talk about volatile.

goldfinger - 16 Dec 2014 17:51 - 17069 of 21973

Right off for me tea, it had better be in the oven .........LOL.

cynic - 16 Dec 2014 18:37 - 17070 of 21973

dow
unbelievable .... all the way down; all the way up and now back to where it closed last night
doubt if there's good cause though haven't checked

Shortie - 17 Dec 2014 11:46 - 17071 of 21973

Maybe this afternoons session will be worth trading... I closed my drive home position when I got in last night, it was around +20pts but was a small position.

goldfinger - 17 Dec 2014 15:35 - 17072 of 21973

Very volatile markets in the US.

Shortie - 17 Dec 2014 15:47 - 17073 of 21973

Yep, 6330 right now the FTSE and contemplating going short.

skinny - 17 Dec 2014 15:58 - 17074 of 21973

Oil on the up.

Shortie - 17 Dec 2014 16:05 - 17075 of 21973

skinny - 17 Dec 2014 16:06 - 17076 of 21973


Shortie - 17 Dec 2014 16:17 - 17077 of 21973

No doubt linked to Rouble buying I think.

cynic - 17 Dec 2014 16:39 - 17078 of 21973

i keep my fingers crossed, but i think we may see a decent rally on dow that actually holds through the close
first target is 17200, but hopefully that won't prove too great a hurdle

Shortie - 17 Dec 2014 16:43 - 17079 of 21973

I'm firmly hoping to see it all crash and burn... Can't change economic forecasts showing a global economic slowdown and rightly so.... Whilst prices have been increasing wages have been stagnant for years, all points one way in my eyes..

Shortie - 17 Dec 2014 16:44 - 17080 of 21973

6340 gone short

Chris Carson - 17 Dec 2014 16:51 - 17081 of 21973

Closed Ftse long for £1k profit and opened a Ftse short @ 6345 at the close. Easy innit!

LOL The above of course is on my all singing dancing City Index Demo Account :0) £25 a point. Just would not have the bottle to do that on a real live account.

cynic - 17 Dec 2014 16:52 - 17082 of 21973

i didn't say the sunlit uplands were beckoning, but as you well know, even dead cats can bounce quite high :-)

Shortie - 17 Dec 2014 17:07 - 17083 of 21973

That's the reason why demo accounts are a complete waste of time for anything other than to familiarise yourself with the platform... Well said Chris, its always a completely different trade when you introduce a real risk, the secret is managing that risk!!

Chris Carson - 17 Dec 2014 17:11 - 17084 of 21973

Exactly Shortie, I do like the platform very bright wearing sun glasses at first. Will need to study it over the Xmas hols, seems complicated but probably isn't.

Shortie - 17 Dec 2014 17:16 - 17085 of 21973

The app is good also, I think for me the worst thing is having to call them to withdraw money from my account, where as you can fund online. Are you using a computer and if so are you logged into the AdvantageWeb platform? That's what I use.

cynic - 17 Dec 2014 17:22 - 17086 of 21973

IG allows you to send or withdraw money instantaneously on line

Chris Carson - 17 Dec 2014 17:23 - 17087 of 21973

Yep Shortie Advantage Web.
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