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
Chris Carson
- 13 Mar 2018 17:58
- 21711 of 21973
Claret Dragon
- 13 Mar 2018 19:40
- 21712 of 21973
US Having another sell off this afternoon.
cynic
- 13 Mar 2018 20:49
- 21713 of 21973
DOW
:-) ..... and very happy i was too!
just before close, i closed small short position for a nice profit
as always, easily missed the bottom, but no complaints
may reverse in the morning
was tempted to do so immediately, but with close currently at 20:00 decided prudent to hold off
CC
- 14 Mar 2018 08:42
- 21714 of 21973
Well done Cynic. Currently carrying a losing long on FTSE from 7183 so feeling much better 40 minutes in
cynic
- 14 Mar 2018 09:24
- 21715 of 21973
should have reversed DOW when i got up this morning as it had scarcely moved
never mind .... plenty of other way to lose money :-)
Chris Carson
- 14 Mar 2018 12:54
- 21716 of 21973
Can't trade this on LCG, is it possible on IG Aim100?
cynic
- 14 Mar 2018 15:14
- 21717 of 21973
DOW crumbling again having been well ahead earlier .... keep an eye open for 24,600 though it may not drop quite that far
this has draggeddown DAX and FTSE too
cynic
- 14 Mar 2018 16:00
- 21718 of 21973
DOW
small long opened at 24,718
we shall see :-)
cynic
- 14 Mar 2018 20:00
- 21719 of 21973
DOW
i'm a lucky lad .... knowing that i wouldn't be watching much, i set a limit of 100 points profit .... this was easily hit, following which DOW collapsed again though i know not why
cynic
- 15 Mar 2018 15:20
- 21720 of 21973
if you have the time to watch your screen, at least quite regularly, then there is no question that the indices are the current way to make some money
DOW has been a star of late - i decline to boast about today, but suffice it to say that i am smiling happily - and DAX also has its moments ...... FTSE is a waste of time
Claret Dragon
- 19 Mar 2018 12:24
- 21721 of 21973
FTSE chart not looking too good.
cynic
- 19 Mar 2018 17:17
- 21722 of 21973
DOW has tumbled 400+ to 24,500
that won't make the markets happy in the morning, unless there's a sudden about turn
dreamcatcher
- 19 Mar 2018 18:03
- 21723 of 21973
Facebook did not help. Data privacy breach.
Claret Dragon
- 21 Mar 2018 10:39
- 21724 of 21973
FTSE 100 almost down to 7000.
Looking for a turnaround point.
cynic
- 21 Mar 2018 10:59
- 21725 of 21973
potential support a little higher at 7025
Claret Dragon
- 21 Mar 2018 11:13
- 21726 of 21973
52 Week Low.
Death Cross formed on 50/250MA for those who take note of those sort of signals.
CC
- 21 Mar 2018 12:09
- 21728 of 21973
Well any sign of weakness on the Dow and 7000 is going to be breached.
We sure do seem pessimistic in this country
Chris Carson
- 21 Mar 2018 12:43
- 21729 of 21973
UK being punished unfairly IMO, project fear appears to be winning. For now!