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
- 08 Nov 2016 16:26
- 21055 of 21973
taken a long time hasn't it ...... ditto Dax
however, don't read anything into it, as the polls don't shut for hours and the first two states to declare are both solid republican
first important result will be at midnight uk time from FLA - a definite undecided which trump pretty much has to win
jimmy b
- 08 Nov 2016 16:30
- 21056 of 21973
I closed half of it as i bet rather large this time.
I don't think he will win ,however i wouldn't be surprised either way ,there may a lot of usual non voters who vote ,just like Brexit and that would pull him through .
cynic
- 08 Nov 2016 17:13
- 21057 of 21973
since 16:30, Dow has kept moving ahead and is now +110 at 18,365
HARRYCAT
- 08 Nov 2016 22:15
- 21058 of 21973
.
HARRYCAT
- 09 Nov 2016 07:19
- 21059 of 21973
Hope everyone is ready for the drop today!!! Who would have thought!
Snip
- 09 Nov 2016 07:33
- 21060 of 21973
I have been ready since september, all in cash with stock limit buys in place. Roll on. Don`t trade indices any more as I have to be more cautious now but I like watching
cynic
- 09 Nov 2016 08:26
- 21061 of 21973
markets are remarkably sanguine
jimmy - hope you weren't battered to death, or worse still had your position forcibly closed, for of course the indices are now well off the bottom ...... indeed, going long would not be altogether foolish, even if much of the recovery is already past
jimmy b
- 09 Nov 2016 08:28
- 21062 of 21973
I closed my other half last night ,very happy ,in fact it is not knocking the market here as much as i thought it would .
jimmy b
- 09 Nov 2016 08:31
- 21063 of 21973
I havn't bothered to post over on the other thread for a few weeks but i'll say here this is a left wing nightmare , i would think Fred's downing the bleach as i write .
cynic
- 09 Nov 2016 08:37
- 21064 of 21973
i took a modest hit, but as i don't have stops, certainly not much harm done
jimmy - there's a very good index trading thread on advfn that concentrates almost exclusively on Dax - INDEX TRADING WITH THE MT4 SOMNUS EA .... its epic is INDX
jimmy b
- 09 Nov 2016 08:42
- 21065 of 21973
Is that the same fellow who was posting on MAM recently ?
jimmy b
- 09 Nov 2016 09:20
- 21066 of 21973
Trump not hurting the markets here too much .
cynic
- 09 Nov 2016 10:15
- 21067 of 21973
yup; that's the guy
he's got what is seemingly a very clever system, though it looks beyond my limited brainpower
nevertheless, it still makes interesting browsing for it's certainly not twaddle even if if do not follow it slavishly - eg allow automatic trades
KenBachelor
- 09 Nov 2016 12:09
- 21068 of 21973
Cynic - I don't know about your brainpower, because it seems I'm the one closer to suffering with senile dementia.
I've just looked at the thread I started on MAM and because I'm still using the same links, the results are still updating automatically.
cynic
- 09 Nov 2016 12:43
- 21069 of 21973
hi there bad boy :-)
now get back into the hole where you belong
cynic
- 10 Nov 2016 16:25
- 21070 of 21973
this morning's rush of blood has evaporated and perhaps the markets are starting to take a reality check
FTSE, DAX and DOW were all significantly up earlier, but FTSE is now -90/100 and DAX is struggling to stay north of 10,600(next support below is ~10,550) ..... DOW is also looking jaded
worth keeping an eye on DOW this evening as ~18,600 should be good support (we're still at ~18,700) .......
if that fails, and remember it is friday tomorrow, then much excitement could be in store
jimmy b
- 10 Nov 2016 17:17
- 21071 of 21973
Dow looking ok now 18758 at the moment .
HARRYCAT
- 10 Nov 2016 17:22
- 21072 of 21973
Very bizarre that 'Trumpocalypse' seems to have fizzled out and particularly the proposed new tax rules seem to have appealed to the masses!......especially the rich ones!
cynic
- 10 Nov 2016 18:49
- 21073 of 21973
well that was a wrong call, and yet again am amazed, but such are the markets
cynic
- 10 Nov 2016 18:51
- 21074 of 21973
GOLD stocks look to be in for another battering in the morning, but base metal miners (BLT, AAL etc) may well have a different hue