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've had one FTSE trade 6365.2 - closed 6389.2.

Options expiry shortly I believe - may be a bit more than the normal damp squib!

On edit - expiry tomorrow!

No comment on DOW Cynic, FTSE resistance still at 6420, with 6503 and 6538 above this, resistance 6412 follow by the pivot level at 6312 approx.

One for my fellow chartists..!

look like GF has his Santa rally.

It was looking more like this a couple of days ok.

Sorry to hear you've had the runs this morning Shortie, get well soon. :-)

lol..

Shortie where is the Fib option in City?

I can't find it in the demo interface.

add to charts dropdown next to chart time then its on the drawing toolbar

Shortie - Spreads seem a lot wider for stocks on City. Quarterly contract for BVIC was 15 pips this morning compared to Cap Spreads just under 3. If I decide to fund it probably like you just use for Indeces. This is just first glance observation will take a proper look over holiday. Cheers.

Was that out of hours trading Chris? Showing as the below on mine now.. Margin showing as 15% on City another factor.

No I read it wrong Shortie my fault. Cap Spreads BVIC MAR 264.7 - 265.7 big difference.

about the same as for IG CFDs, though quite often that tightens to 0.50p

AT 265.7 I'd buy a million!

Talking crap ignore that last post 656.68 - 660.31 wee bit tighter.

just bought back into ftse long at 6440.8
just need to remember not to get either greedy or precious

Before you buy a million Skinny and we have to call you Fatty read this.. :-)
http://www.ft.com/cms/s/0/13858bea-7581-11e4-b1bf-00144feabdc0.html#axzz3MAbTw4Ar

I think I posted their results on the 26th, but if I could buy a million @265.7....

just taken 30 points on my "worst" dow long, so quite happy about that

DOWs overbought, I think it'll fall and pull the FTSE down this afternoon.

with the markets this volatile, it's quite hard to judge what will happen - eg yesterday evening and this morning's surge