Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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 - 12 Jan 2016 13:20 - 19494 of 21973

FTSE is a bit of a bugger for trading as the new resistances come thick and fast - ie next one is at 6,000 - a mere 20 points away, and after that at only 6010

DOW on the other hand, now has a technical clear run through to 16,700

jimmy b - 12 Jan 2016 13:58 - 19495 of 21973

I may be interested in the DOW as oil has put on a few points . DOW currently up 130

cynic - 12 Jan 2016 14:17 - 19496 of 21973

meanwhile WTI (or WTL if you prefer) is up a paltry $0.60 at $32.75

cynic - 12 Jan 2016 14:49 - 19497 of 21973

FTSE
its relative lack of life compared to Dow is very puzzling though perhaps related to crude scarcely moving north either

jimmy b - 12 Jan 2016 15:25 - 19498 of 21973

Oil going down now . FTSE/DOW more likely a short .

I really can see oil going sub £30 .

cynic - 12 Jan 2016 15:40 - 19499 of 21973

i'm certainly not happy to see DOW back below 16,500 and am considering banking the much smaller profit than i had earlier ..... have already done so with FTSE

cynic - 12 Jan 2016 15:53 - 19500 of 21973

ducked out and with it went a large slab slab of my earlier running profit ...... bollocks

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

so then
DOW
16,470 suddenly and somewhat unexpectedly reverts to being a resistance

jimmy b - 12 Jan 2016 15:55 - 19501 of 21973

Better out than it turning in to a loss , these are hard markets to play ,including stocks which i normally jump in and out of .

cynic - 12 Jan 2016 15:57 - 19502 of 21973

exactly so, but as always and with hindsight, got a bit too greedy ...... confess i thought 16,500 was going to hold ..... it did once, or perhaps twice, but then succumbed rather too easily

cynic - 12 Jan 2016 16:14 - 19503 of 21973

blast!
got distracted chasing a client for money .... was close to shorting DOW at ~16,455 but missed the chance ...... never mind

jimmy b - 12 Jan 2016 16:15 - 19504 of 21973

Went short DOW

jimmy b - 12 Jan 2016 16:25 - 19505 of 21973

US Crude dropping so staying short DOW for now .

ahoj - 12 Jan 2016 16:27 - 19506 of 21973

I think it will reverse after 4:30

jimmy b - 12 Jan 2016 16:29 - 19507 of 21973

No i'm not ..Out 32 points .

jimmy b - 12 Jan 2016 16:31 - 19508 of 21973

ahoj , i'm not sure which is why my bottle is not good for indices at the moment .

cynic - 12 Jan 2016 16:52 - 19509 of 21973

DOW
going south, 16,250 is a potential target
however, as was seen in reverse this afternoon, supports/resistances have little value in the current climate, acting as little more than guidelines

cynic - 12 Jan 2016 17:34 - 19510 of 21973

WTI now just below $31.00

jimmy b - 12 Jan 2016 20:42 - 19511 of 21973

DOW now up 82 16482 ,sure is a roller coaster ride at the moment ..

cynic - 13 Jan 2016 08:19 - 19512 of 21973

totally bewildering
it's not even as if crude is strong - WTI is $31.65 - and to be honest, i remain very gloomy for 2016 across the board

cynic - 13 Jan 2016 11:53 - 19513 of 21973

both dow and ftse remain up, but it doesn't look very convincing
Register now or login to post to this thread.