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

Pound falls to its lowest in three months on possible 'hard Brexit"

Pound up , FTSE up,
------------------------
hahahahahahahahahah

You lost me!

FTSE
markets now very undecided, so banked a small profit from a FTSE short and shall now wait to see in which direction FTSE now travels as it's currently at a quite important resistance (7265)

just having a well-earned breather ......

FTSE looks as though it may be heading a fair bit lower as no immediate bounce from 7265
DAX is stuck in a channel, so see no reason to trade it
DOW looks to be heading lower again

GOLD remains very strong, which i guess tells us something though not sure what!

7265 resistance, hhhmmm not on my charts there's not.

6800 I'll look to unwind my shorts I think.

George Soros and the huge bet that he made betting against the stock market because of the Trump election. It was reported that he lost $1 billion by the time he was done covering his short positions and being short.

Short covering looks like its run its course!!!!!

Note though he covered his positions rather than taking a loss. I don't need to cover my FTSE positions as their in profit. When the markets are at all time highs only an idiot wouldn't consider shorting!

7265 was pinched from IG, probably related to a retracement %

GOLD
not quite a parallel, but bullion remains very strong with the implication that markets and stocks will continue to trend weaker
both FTSE and DOW are still ticking south, though DAX remains in a narrow channel

I think right now Trump could put puppies through a meat shredder with Putin live on TV and still the DOW would not go down , i am still short though ..

ye of little faith :-)

Like I said I currently see no reason for the DOW to fall, if anything any weakness in the dollor will likely drive the DOW up.

DOW
i have a small running short here, but at least i had the good sense yesterday to open a counterbalance long which is now nicely in the money

i still don't trust these markets one little bit, which leaves me in something of a quandary as to what to do with my trading ANTO long - juicy profit of 90p a share sitting there as i write

I expect I'll hold my FTSE shorts till at least March. Expect to go long on GBP/EUR very soon.

FTSE
certainly interesting times
no idea from what level you are short, but if DOW does indeed blast through 20,000 as is now beginning to look likely, FTSE will be dragged up in its wake

reverting to FTSE .... there must be a good argument that once article 50 is triggered, it removes a notional uncertainty, thereby providing further upward pressure

20000 Dow

indeed, and that was BEFORE the opening bell
now 20,075

Well I told you over a week ago that the DOW had further upside potential. Cable requires a correction before any short play will be available on Yankee indices. If your caught short on the Dow it's time to take the pain and rough it out. On FTSE I doubled down at 7300 and still holding the position.