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
jkd
- 09 Jun 2011 16:00
- 5912 of 21973
now at circa 12140
scaled in, so have just sold my first tranch to recoup my previous total losses.
holding the rest at good profit thus far.
have adjusted my stop loss levels upwards.
regards
jkd
skinny
- 09 Jun 2011 16:09
- 5913 of 21973
Stopped out by OCO on a long @5847 +40 earlier - now short from 5858.
jkd
- 09 Jun 2011 17:52
- 5914 of 21973
tempted to sell a % at good profit. instead have put in tight stop loss level to take good profit on proportion and shall hold rest and review lower/later. price circa 12165.
regards
jkd
HARRYCAT
- 09 Jun 2011 20:37
- 5915 of 21973
DOW up 126 points. 12175.
jkd
- 10 Jun 2011 08:55
- 5916 of 21973
i was stopped out at 12132 and 12128 happy with that. price currently circa
12088
regards and good luck
jkd
HARRYCAT
- 10 Jun 2011 09:02
- 5917 of 21973
Not quite sure I understand the current figures.
DOW closed at 12124.
Futures currently -37
Which equals 12007 according to CNN & Bloomberg. (I agree with 12087).
jkd
- 10 Jun 2011 09:27
- 5918 of 21973
HC
i left my stops in to run last night.
wasnt around until this am
stopped out at 20-45 6/6 whoops 9/6 no bs
hope that clears it for you.
regards
jkd
Chris Carson
- 10 Jun 2011 18:56
- 5919 of 21973
Anyone know the epic for US Dollar Index (June Contract), if indeed it is included by MAM? Have it on Cap Spreads platform appears to be still on a mission. Reason for asking chart worth posting.
Chris Carson
- 10 Jun 2011 21:04
- 5920 of 21973
OK guys dont all rush at once, DXY apparently.
Chris Carson
- 10 Jun 2011 21:04
- 5921 of 21973
OK guys dont all rush at once, DXY apparently.
HARRYCAT
- 11 Jun 2011 08:34
- 5922 of 21973
Asking a question like that on a friday evening, when there was loads of good tennis and F1 qualifying on the telly, plus most people had probably slinked off to the pub, wasn't likely to get much of a response, imo! Now that we all know the answer, I'm not sure many of us will know what to do with it!!!
cynic
- 11 Jun 2011 09:05
- 5923 of 21973
miserable git! .... mind you, there'll prob be plenty to be miserable about next week
Chris Carson
- 11 Jun 2011 09:42
- 5924 of 21973
Morning Harry, agreed a wee bit optomistic asking a question at that time. If you have access to live charts, may be worth highlighting on your screen Dow, Ftse and Dollar Index charts don't suppose it matters I am no expert what time frame, I use 10 mins, using RSI and MACD indicators when DI goes up Dow goes down and vice versa providing good scalping opportunities. This worked for me Mon, Tues, Wed noticably on Thursday when Dow and Euro rallied a wee bit not as noticeable. Unfortunately MAM don't provide a DI Chart, I am not gifted in the pasting department to post same on here. Have no idea why this occurs, but it has worked form me in the past and most certainly this week, worth a look.
HARRYCAT
- 11 Jun 2011 10:19
- 5925 of 21973
Miserable!!! Me???? You are justifiably chirpy as you are off to the flesh pots of South America.................Down the local park with the dog is about as far as I will get next week!
Also, have just seen Simon Griffin in Shares Mag has a 5050 target for the FTSE over the summer................if you need someone to carry your bags, Cynic, just say the word!
jonuk76
- 11 Jun 2011 12:58
- 5926 of 21973
jkd
- 11 Jun 2011 14:17
- 5927 of 21973
j76
thats a good link.i went to the home page. thought the article on mystical numbers was most interesting. but not everyones cup of tea. unless they do tea readings.LoL
21st june, the summer solstice, +/- a week would seem to fit with his theory.
the spring equinox of 20th march(+/-) as a low has worked for me thus far this year.
maybe just coincidence, but i have posted about it previously and therefore dont think it is.
regards.
oh! and good luck.fingers crossed.dont walk under a ladder etc.
jkd
edit and ps i like your charts so do keep posting them, thanks.
skinny
- 11 Jun 2011 14:32
- 5928 of 21973
My short was closed and reversed at 5765 - so could be interesting on Monday.
Chris Carson
- 11 Jun 2011 16:28
- 5929 of 21973
j76- Thanks, good site.
jkd
- 11 Jun 2011 18:43
- 5930 of 21973
CC
we can have the very best money making system in the world and share it free with others.it will still continue to"work".. why? i have no idea.
currently about to do my own research on your suggestions.
may take me a while. i may get sidetracked and not complete the task. LoL
regards
jkd
Chris Carson
- 12 Jun 2011 16:59
- 5931 of 21973
jkd
Aye, please dyor, I am very much a trainee with large 'L' plates with regards to TA. No guarantee same will apply tomorrow or this week.