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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 - 10 Mar 2015 15:02 - 17607 of 21973

a good politician's comment
you think it says something, but it doesn't :-)

Claret Dragon - 10 Mar 2015 15:13 - 17608 of 21973

I try to take the politics out of trading. Difficult enough as it is!!!!!!!

cynic - 10 Mar 2015 15:16 - 17609 of 21973

so are you trying to say that it will go further south or that there will be a (significant) bounce?

Claret Dragon - 10 Mar 2015 15:33 - 17610 of 21973

By end of the Month we will be lower than now.

cynic - 10 Mar 2015 15:44 - 17611 of 21973

chuckle chuckle ..... i wouldn't disagree
in fact, both dow and ftse have started tracking south again after a brief rally

Claret Dragon - 10 Mar 2015 16:24 - 17612 of 21973

Too much of a sell off for one day?

cynic - 10 Mar 2015 16:55 - 17613 of 21973

small long FTSE at 6704 as it's pretty much on 200 dma

DOW - out short and reversed (17750), though doubt i shall stay that way for very long

cynic - 10 Mar 2015 20:06 - 17614 of 21973

hmm
not too bright ..... closed ftse position for a very small profit but have left dow running, somewhat in hope rather than being disciplined

Claret Dragon - 10 Mar 2015 21:24 - 17615 of 21973

Once all the good news is in the Market, like clockwork, it sells off. You always have to be looking at the wrong end of a sh1tty stick with this game.

cynic - 16 Mar 2015 14:03 - 17616 of 21973

DOW
off on a rocket this morning ..... i wonder if there's to be an assault on 18,000 any time very soon

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

just cashed in a VERY tasty profit as it could now take a breather
shall keep an eye with a view to buying back in again later

cynic - 16 Mar 2015 15:02 - 17617 of 21973

FTSE
aha! it's crept through 6800 for the first time in a a week or two (i think) so if it holds, then a quick surge ahead of the budget must be on the cards

cynic - 17 Mar 2015 08:58 - 17618 of 21973

FTSE
6868 on way north is likely to be a barrier as that is where 25 dma is met
i'm already long (6779) so showing a good profit, so may cash in anyway before the above hurdle

go to page 1 for chart

Chris Carson - 17 Mar 2015 09:17 - 17619 of 21973

Chart.aspx?Provider=EODIntra&Code=UKX&Si

Claret Dragon - 17 Mar 2015 09:29 - 17620 of 21973

Missed the morning up tick on FTSE 100. Undecided at the moment.

cynic - 17 Mar 2015 09:46 - 17621 of 21973

prob best to leave it, though there may still be a few points to go ahead of tomorrow's budget

Claret Dragon - 17 Mar 2015 15:43 - 17622 of 21973

Strange session today. Dow Down. FTSE UP

Usually St Patricks Day gives a positive read in US.

cynic - 17 Mar 2015 15:46 - 17623 of 21973

apart from general volatility, there is now a fear that fed will raise interest rates in june
indications of this or otherwise are expected in the next day or two

cynic - 17 Mar 2015 16:01 - 17624 of 21973

FTSE
out at 6832 to bank a good profit
i had hoped for 6868, but it's rather battling the headwind from across the pond
also, my intent was always to sell ahead of the news (budget) as reaction to that is totally unpredictable

Chris Carson - 18 Mar 2015 14:11 - 17625 of 21973

Chart.aspx?Provider=EODIntra&Code=UKX&Si


Where to now cyners, sell the news now or clench buttocks to test highs? Answers on a postcard :0)

cynic - 18 Mar 2015 14:16 - 17626 of 21973

my head says that unless wall street recovers its nerve - wait for yellen's pronouncements this evening - then i do not see that ftse can withstand the headwind created
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