Thought you might like to look at a proper Ftse chart after all my
'Noughts and Crosses' ones above. :-)

Note how the 20&40 Ma's have been criss crossing with the year's
range trading. Pretty pattern, eh? :-)
But look how they are now both starting to look after that lower
major high at the end of June. Also note the point where the slow stochastic
is now in, in relation to its cycle.

Although as said previously, I'm looking for an oversold bounce in stuff
when it bottoms, I'm not going to get longterm Bullish unless some
important resistances get taken out on good volume. I'll still be looking
for swing highs to short.

Managed to get a good few posts in this evening, to show what I'm looking
at for anyone that is interested. Now its back to the flooring for the
week with the odd post when I can.

Make your own luck. Work out your stategy of how you want to play this
in advance.
Maintain discipline, have patience, and wait for your long or short
entry points. Don't panic or jump in prematurely.

Melnibone.

Your on a roll today Melnibone

Hi Martini,

With all this work on, the weekend is the only chance I'm getting
to do any research and formulate my strategy for the week ahead.
Thought I'd share it with you all whilst I was at it.

I usually download the weeks raw data into my Psion handheld computer on
a Saturday. I can then relax in bed, propped up on plump pillows on
on the Saturday evening whilst I convert it to normal charts and
P&F charts. Upload it to the laptop on a Sunday, have read of the news,
and it's then ready for posting here with a few views.

Hope it's of interest. Wouldn't mind hearing some other folks views, though.
Come on guys & gals. Don't be shy.:-)

Melnibone.

Melnibone
Well not a lot of traders in the Investors Room but more in the Traders Room 100 to 200 posts a day on the Traders thread.
Maybe worth a look?
M

Thanks Melnibone - many from the traders room will read this thread, but not
post, as they only have time to post "over there". Thats why I've posted over
here, even though I do keep an eye on what they are up to. I've stopped
"trading" and am holding some cash at the moment, as a few stop losses have
kicked in over the last few months. I'm in no hurry to get back
into the market, as things are. So have gone back to work full time, to
occupy my time, and stop temptation! (As well as stop me from spending the
cash I have, and provide some extra cash in the meantime).

Although the fundamentals say prices are should be higher, because they aren't
that says to me something else is holding prices back. Your TA makes me think
I'm right waiting. I made the mistake a couple of years ago, of getting back
in too early - and I don't intend to make that mistake again!

morning all.

Morning - slow start.

morning all

mornin all no live stream or charts here, common problem ????????????

Douggie,

We are cusrrently experiencing problems with our live streaming services.

We are working to resolve this and hope to have the services back with you as soon as possibel.

Regards


Ian

same here douggie,whats gone wrong?

Morning - thanks as always to Martini and also Greystone and
Melnibone for your thoughts - many of us on this board
read with interest (and learn a great deal from) your contributions
and insights.

So is it going to be 4300 today? Or even lower?