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
CC
- 09 Feb 2018 19:28
- 21645 of 21973
ha. They've tested mine. I've sold three quarters of my position at 6095 for a few quid.
In at one position at half usual opening stake. Happy to let it roll or happy to reload if Dow craps itself again.
I would expect it to fall into the close at it's a Friday but frankly it could do anything
cynic
- 09 Feb 2018 19:45
- 21646 of 21973
so out of spite, it is now nicely +50 though it has been a tad more within the last 30
managed to close one DOW long with 75 points profit and heaved a sigh of relief
CC
- 09 Feb 2018 21:02
- 21647 of 21973
And out of last position 7145 which appears to be +120 in three and a half hours.
Well done. Bit of a scary ride. I'll reset if it goes back down.
cynic
- 10 Feb 2018 08:35
- 21648 of 21973
take a look at the 10-minute DOW chart from yesterday
there were occasions when it moved 200 points within a given slot, and you wonder why it was impossible to trade according to the trend
i managed to make a few shillings on some quick trades ..... normally i'ld have been very pleased, but given the hammering over the last week, it was little more than a crumb
cynic
- 12 Feb 2018 15:52
- 21649 of 21973
although DOW is well off its high, it looks to be showing good resilience - still +200
DAX is also holding together well - still +250
FTSE is still pretty much at its day's high - +110
cynic
- 12 Feb 2018 17:16
- 21650 of 21973
DOW exploding - now +425
CC
- 12 Feb 2018 19:27
- 21651 of 21973
Crazy times. Where will it close today. Who knows.
cynic
- 12 Feb 2018 19:39
- 21652 of 21973
currently +520
2517GEORGE
- 12 Feb 2018 20:34
- 21653 of 21973
Augers well for tomorrow
Chris Carson
- 14 Feb 2018 13:03
- 21654 of 21973
cynic
- 16 Feb 2018 16:10
- 21655 of 21973
FTSE
testing 7,300 at long last .... it's really struggled to break back north of that level, but just possibly next week will show it's more than just a tease
DOW
25,300 hurdle now well cleared, so just possibly we'll see a chrge back to(wards) the all time highs ...... i confess to remaining nervous after last week's massacres
Monday is a holiday in US, so perhaps a false market today ...... who knows?
cynic
- 16 Feb 2018 20:25
- 21656 of 21973
DOW
having powered through 25,300 it suddenly collapsed again ..... i was lucky to buy towards the bottom end of that, and sold out at 25,290 for 105 points, above which number, DOW is stalling once more
cynic
- 19 Feb 2018 08:40
- 21657 of 21973
very early doors but worth noting that DOW is once again trying to push north of 25,300
CC
- 19 Feb 2018 09:01
- 21658 of 21973
According to economic calendar US has a bank holiday today so guess today is going to be really slow
cynic
- 19 Feb 2018 09:54
- 21659 of 21973
you're right CC ..... had forgotten that but markets may still be open
cynic
- 19 Feb 2018 17:31
- 21660 of 21973
DOW - bought on a sudden dip this afternoon at 25,138 ..... rather missed the bottom of that spike down, but no matter
currently just back in the blue at 25,226 and have again put in a limit at 25,290
cynic
- 20 Feb 2018 09:53
- 21661 of 21973
DOW - serves me right .... should have banked an ok profit yesterday when it was on the table .... never mind; i'll just sit tight
CC
- 20 Feb 2018 11:36
- 21662 of 21973
I am waiting. I feel like the FTSE/Dow gap is too large. Either FTSE needs to go up or Dow needs to fall.
I'm looking for a FTSE long with something beginning 71
cynic
- 22 Feb 2018 08:18
- 21663 of 21973
what a truly nasty end to last night - complete collapse - with the inevitable follow through this morning
Chris Carson
- 22 Feb 2018 08:24
- 21664 of 21973