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

Claret D

And oil won't go up , until they get rid of Putin

i confess that oil is likely to stay low longer than i anticipated as i had not reckoned on rapprochment with iran

17654 - so i did at 08:00 this morning :-)) ..... and now out at +139, though still have other longs running at a bit higher

DOW has gone bonkers and is now up 335 .... and i thought i had done well taking profits on a new position about 175 points lower!


FTSE must surely be worth a punt as cash is up a paltry 12 points at 6870 even though both 25+50 dma levels are only slightly above this, so perhaps causing some resistance

I think markets are going to wobble come election time and if Labour wins watch out !!

but get the rhythm right and there's plenty to be made

like wot i sed last night ..... index has surged through both 25+50 dma
shall now watch for when to cash in

out at 6912.8 ..... fiscal year off to great start :-)

Have you turned in to one of those seaside kids with the pseudo Jamaican accents :)

wot i rote is more millwall than brixton

I'm talkin about those white kids that speak a mixture of cockney and Jamaican and call the police the Fed's but they come from Kingston Upon Thames not Kingston Jamaica where they would crap themselves and run a mile .

an excellent day at the ranch :-)

watch DOW to see if it can crack through 18,000 again
if it manages it, and with some impetus, then it could be onwards to 18,200

keep that greed under a tight rein!

Manuel,

Are you suggesting that you are going vote Labour then?

.

BG Bid put added fuel to the fire this morning. Was expecting a bit of profit taking. Waiting for an opportunity to go short.

FTSE looks overblown to me can't keep going up especially with the election on the way ,should be some volatility

i agree, though i already placed a small short a bit early ...... i may well incresae this in due course, but the timing is tricky, not least because FTSE is so o'loaded with oilies

in many ways, FTSE 250 might be a better target, but certainly on CFDs, the spread is a bit hefty

DOW
after several attempts, it looks that 18,000 may at last have been breached (once more!) with impetus ..... if so, watch for 18,200+ ...... 18,278 is all time high

cynic - the highest intraday and close was 18288.63 on 02/03/2015.

FTSE closing in on 7100.

thanks skinny .... obviously misread my chart

FTSE
as you almost observe, FTSE has surged to an all time high ..... looks nuts to me and may add to my small short here in due course

FWIW I'm short @7085.1.