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

I've got to admit that I am quite impressed by the Ichimoku cloud trading technique. I'd not heard of it before........will have to do much more research, though the concept of five lines only, doing away with all other indicators sounds ideal! I have a feeling it's not that simple...........if only!

It's not as complicated as some think Harry. When used with rsi and candlestick indicators. The hardest bit I think is setting the parameters correctly e.g. 9, 26, 52 averages which would be useless for anything but daily trading off closing prices. I tend to use much lower parameters as I mainly trade for a few hours using spreads taking smaller profits but changing direction more frequently.

DOW
looking like a string of lower highs and lower lows forming
currently down 20 and near its low for the day after +64 at its peak today

7500 for FTSE soon!!!

HArd brexit and recession already priced in I think.

bullion price suggests otherwise, but the markets are especially difficult to read at the moment as there are so many major and unknown factors that can influence

Yes gold has been moving up for a while now, caution needed.

Gold is still well off its 6 month high @ 1360

Pound falls to its lowest in three months on possible 'hard Brexit"

Pound up , FTSE up,
------------------------
hahahahahahahahahah

You lost me!

FTSE
markets now very undecided, so banked a small profit from a FTSE short and shall now wait to see in which direction FTSE now travels as it's currently at a quite important resistance (7265)

just having a well-earned breather ......

FTSE looks as though it may be heading a fair bit lower as no immediate bounce from 7265
DAX is stuck in a channel, so see no reason to trade it
DOW looks to be heading lower again

GOLD remains very strong, which i guess tells us something though not sure what!

7265 resistance, hhhmmm not on my charts there's not.

6800 I'll look to unwind my shorts I think.

George Soros and the huge bet that he made betting against the stock market because of the Trump election. It was reported that he lost $1 billion by the time he was done covering his short positions and being short.

Short covering looks like its run its course!!!!!

Note though he covered his positions rather than taking a loss. I don't need to cover my FTSE positions as their in profit. When the markets are at all time highs only an idiot wouldn't consider shorting!

7265 was pinched from IG, probably related to a retracement %