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

Thanks Shortie :)))

Reckon a short at this level of FTSE should work but I messed up the other day so need to tread a bit more carefully!

i happen to disagree as the markets currently seem disinclined to stumble, though that is not to say there will not be a brief window of opportunity, depending on what (small) southerly movement is deemed to be sufficient

CAD Core Retail Sales m/m 0.0% consensus 0.5% previous 0.4%

Well 5790 I think is a short term resistence point, so we'll have to see if it gets taken out and how easily.

2hr chart below (RSI 4 days, lines 70,30)

http://rt16.it-finance.com/FinSpreadsFlash/showimage.phtml?id=2e44ce96ffaf303385dd4598b197ab563e0d7879388946ca1ea8b31c8855f461&type=png

We're pretty much back to where we were 11 November, so there could be a pull back to, say, 5740?

Anyway, I'm not brave enough to do anything currently on the indices

Someone put some money in the meter!

Have to wait till Monday Skinny - bet we'll see some action then (and probably upwards) when the US is finished feasting.

there's a short days' trading in usa tomorrow

So there is... forgot.

I'll bring popcorn.

There's a lot of Yen short squaring going on atm guys, ahead of the long weekend. Not too many folk want to be leaving risk on the table after a good run over the last few sessions.

I need to study alternatives - New Year's resolution. :)

Thanks for the popcorn KidA!

5297.5 closed out so small loss taken

good to see another "honest man" on here

Still holding FOGL futures at a loss which I'm not that optimistic about anymore...

Need more women on this board to show us how it's really done:

Rise of the female trader

SC - Respect, those ladies must be really, really good to earn that sort of money on that trading platform. Been a few years so may have improved, but my experience wasn't good on theire site at all. :O)

Enter Hils, stage left. :-)

German Ifo Business Climate 101.4 consensus 99.6 previous 100.0

Italian Retail Sales m/m 0.1% consensus 0.3% previous 0.0%