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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 - 22 Dec 2015 16:46 - 19227 of 21973

all rockin' n rollin' now london has closed
even cash ftse now +20 at 6098

Claret Dragon - 22 Dec 2015 19:18 - 19228 of 21973

Tuesday getting to be my favourite day of the week.

cynic - 22 Dec 2015 19:23 - 19229 of 21973

yummy yummy ...... but both DOW and cash FTSE are now at fairly important resistance levels ...... so have banked some dow and ftse profits but will leave balance of longs to run and keep my fingers x'ed as can't watch during the evening

Stan - 22 Dec 2015 21:36 - 19230 of 21973

Finished up nearly 1%, let the rally continue.

dreamcatcher - 22 Dec 2015 22:15 - 19231 of 21973

Stan - 22 Dec 2015 22:27 - 19232 of 21973

You will see D/C you will see

jimmy b - 22 Dec 2015 22:31 - 19233 of 21973

Did i miss something ??

Stan - 22 Dec 2015 22:33 - 19234 of 21973

I refere you to post 19230 James.

cynic - 22 Dec 2015 22:51 - 19235 of 21973

good to see the resistances breached that i mentioned a few posts back, although not hugely
for all that, there remains plenty of ground to be made up from the 650 point collapse in dow last week - i think that was about the level

Claret Dragon - 23 Dec 2015 06:38 - 19236 of 21973

Dow 30.

Apple has not helped sınce enterıng earlıer thıs year.

cynic - 23 Dec 2015 08:16 - 19237 of 21973

for day trading on the indices, today should produce many opportunities, just as did yesterday

however, if you cannot sit in front of the screen, then it's a difficult call
trading is very thin so volatility can be expected
will there be a late sell-off either today or tomorrow as the markets come to a close?
are the markets heading for general recovery - they have fallen a long way - or is this is just a temporary rally as always seen in bear markets?

i really don't know

Stan - 23 Dec 2015 08:23 - 19238 of 21973

Trade what you see as they say.

jimmy b - 23 Dec 2015 08:25 - 19239 of 21973

Sell off ?? maybe worth a run in to new year ?? however i would take profits on indices .
Lot of catching up to do .

cynic - 23 Dec 2015 09:36 - 19240 of 21973

if stocks go up generally, then so of course do indices
i took money off the table last night as already posted, albeit that it turned out to be a bit premature
however, cannot be greatly attentive as am away until after christmas

Fred1new - 23 Dec 2015 09:42 - 19241 of 21973

albeit that it turned out to be a bit premature


Story of your life!

cynic - 23 Dec 2015 09:50 - 19242 of 21973

oh hohoho; how frightfully droll

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

now out of ftse but shall leave dow to run

jimmy b - 23 Dec 2015 09:58 - 19243 of 21973

Oh dear is that Fred over here as well ,don't know what he said as like Thatcher used to do with the IRA he doesn't have a voice with me ,he should cheer up it's Christmas ,not spend his life being an angry man ..

cynic - 23 Dec 2015 10:11 - 19244 of 21973

just one of his usual silly snipes jimmy

btw, just bought into IHG which looks quite good on the chart and is also a popular t/o target ....... we shall see

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

cynic - 23 Dec 2015 14:24 - 19245 of 21973

all spiffing stuff this morning
premature profit taken in FTSE again, but assuredly no grizzles as long stocks continue north and DOW longs looking tasty

jimmy b - 23 Dec 2015 14:58 - 19246 of 21973

Well my long FTSE caught back up ,shall close that before the session ends.
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