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
skinny
- 18 Dec 2014 14:38
- 17121 of 21973
Just dumped a second DAX short -10 - looks like 9800 PDQ.
cynic
- 18 Dec 2014 14:46
- 17122 of 21973
and closed the next dow long for +85, leaving just one block running from 17405
splat
- 18 Dec 2014 14:50
- 17123 of 21973
short dow @ 17, 574
cynic
- 18 Dec 2014 14:56
- 17124 of 21973
and out of the last dow long at 17586 for +181
phew! .... to think they were all pretty badly hit just a couple of days back
skinny
- 18 Dec 2014 15:00
- 17125 of 21973
Another assault on 6450.
Shortie
- 18 Dec 2014 15:21
- 17126 of 21973
FTSE has just gone into overbought territory on the 15 min, I'm now debating opening a position.
skinny
- 18 Dec 2014 15:31
- 17127 of 21973
So is the DAX - there's 9800.
cynic
- 18 Dec 2014 15:43
- 17128 of 21973
banked a twiddly 9 points on ftse long, but as i shan't be able to watch for the rest of the evening, it seemed prudent
Shortie
- 18 Dec 2014 15:48
- 17129 of 21973
Keep your eye on Greece and the chance of early elections if they fail to elect a new President... The DAX and everything else will crash
splat
- 18 Dec 2014 16:17
- 17130 of 21973
out Dow @ 17,545
splat
- 18 Dec 2014 16:22
- 17131 of 21973
short Dow @ 17,573
splat
- 18 Dec 2014 16:23
- 17132 of 21973
Also short UKX @ 6,453
Shortie
- 18 Dec 2014 16:51
- 17133 of 21973
Bulls are definitely out in force today...
skinny
- 18 Dec 2014 16:56
- 17134 of 21973
I've got an order to short the DAX @9840.
skinny
- 18 Dec 2014 17:00
- 17135 of 21973
Apparently short @9840.2.
Shortie
- 18 Dec 2014 17:07
- 17136 of 21973
I been looking at going short all day and all I've seen is new daily highs... They look well overdone but no sign of a reversal yet!!
skinny
- 18 Dec 2014 17:12
- 17137 of 21973
DAX may make @9910 at this rate.
Shortie
- 18 Dec 2014 17:13
- 17138 of 21973
On the daily chart though they all look like a pull back to the 30DMA is due so puts 6600 on the cards for the FTSE...
Shortie
- 18 Dec 2014 17:14
- 17139 of 21973
Its been a if in doubt stay out one today...
skinny
- 18 Dec 2014 17:15
- 17140 of 21973
The DAX is already above that.