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 was stopped out at 12132 and 12128 happy with that. price currently circa
12088
regards and good luck
jkd

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).

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

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.

OK guys dont all rush at once, DXY apparently.

OK guys dont all rush at once, DXY apparently.

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!!!

miserable git! .... mind you, there'll prob be plenty to be miserable about next week

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.

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!

You can get the dollar index chart here - http://www.fxstreet.com/rates-charts/usdollar-index/

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.

My short was closed and reversed at 5765 - so could be interesting on Monday.

j76- Thanks, good site.

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

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.

took a bundle off the table today and very glad i did so ...... Dow closed at barely b/e following further downgrade of greece so tomorrow london likely to open weak ..... surprisingly, euro does not lookde to have weakened against either usd or sterling

my portfolio still seems stubborn and not want to go down, in fact it went up today.
maybe i shall be in for a shock. i am sure i shall sooner or later.in the mean time i have
tightened my stops, but not too close, just close enough to allow me to give some back to the market, but not all of it. and will now let the market decide for me.
shall then start again, from a higher base hopefully.( ie.money in the bank)
but only hopefully. we shall see.
i am trying to "read " my individual charts and not be influenced by outside views and herd energies.
as always just my opinion and please be sure to dyor.
i could be wrong.
regards to all
jkd

jkd - This morning Dollar Index showing wee bit stronger. Unfortunately playing golf today so not trading. Re-Scalping opportunities post 5924, using j76's live US Dollar chart (post5926) click on time frame 10mins, indicators Bollanger Bands - RSI - MacD. If you have live Ftse and Dow charts post all three (same time frame and indicators obviously) on your screen and watch for the opportunities. For example if I wasn't probabably wasting my time posting, I would have gone long Ftse or Dow, Ftse at 1045hrs @ 5775 would by now had my stop at entry target 5798 top of Ftse Bollinger Band or be ready to exit watching indicators on Dollar Index chart.

1152 would have put stop to 5790