barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
OK, have it your way if you must - I'm not totally wet behind the ears you know and if you think dow or s&p don't move ftse then it's not me that's got to understand the dynamics. Happy trading.
OK, have it your way if you must - I'm not totally wet behind the ears you know and if you think dow or s&p don't move ftse then it's not me that's got to understand the dynamics. Happy trading.
P
postman
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
posted the above on 14th november,
Dow was 15,876 ftse was 6666
dow went up 244pts
FTSE fell 30pts
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
30 points DownStill time to end positive.
postman notice thats the second day in row, weakness into the close. feels like distribution.
P
postman
Jessi_trader
Veteren member
- Messages
- 4,110
- Likes
- 172
Thats ok barjon.
That was only my point of view. If dow could move ftse then ftse have been rallying today.
JT
Jessi_trader
Veteren member
- Messages
- 4,110
- Likes
- 172
P
postman
$ES_F MOC SELL $2.6bil $$
Now thats more serious.
Now thats more serious.
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
SP500 about to close almost unch. but made higher high and higher low(tiny) on daily.
it has helped us to locate a level on sp500
ditto for Dow
it has helped us to locate a level on sp500
ditto for Dow
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
cya tomorrow everyone.
P
postman
Posted 5 trades today all at open and close.
+21, -5 (FTSE), +4, +16 and waiting to close my Dow Long from 084.
I'm up 36 so far.
+21, -5 (FTSE
), +4, +16 and waiting to close my Dow Long from 084.I'm up 36 so far.
Last edited by a moderator:
P
postman
SuddenDeath
Legendary member
- Messages
- 14,063
- Likes
- 143
P
postman
Excellent quote.
"Being really early on your move is called - being wrong."
Its so obvious to people that they need to think about getting Long Gold just at the time Goldman put out a sell recommendation on ... Gold.
"You can fool some of the people all of the time ..."
P
postman
Dow closes at 16072.8 still manages to post an UP day :clap:. (0.26 points, 0.00%)
barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
That's the whole point, jessi - it hasn't done for four weeks now and that is what is so unusual. Have a read of my "Money Machine" thread to see how the relationship works.
Jessi_trader
Veteren member
- Messages
- 4,110
- Likes
- 172
Ok, I think its a deep topic,
We can have top down analysis or bottom up, money rotation etc.
1. WTI down, 2. Gold Down 3. Index down
I was making a simple point that what dragged ftse down? and conclusion was miners (from my study)
Attached is the list of stock dropped in last 30 days and made ftse down.
As a technical trader I keep it simple.
Attachments
barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
Yes, I didn't disagree that the miners have had an influence. In general, though, ftse is dow's poodle and rarely bites its master. If you want some evidence of that look to see where SBs take their proxy ftse after UK hours - when there's no shares being bought or sold - responding to movement in dow. Next day ftse will open similarly (assuming no further after hours movement in dow).
Last edited:
Jessi_trader
Veteren member
- Messages
- 4,110
- Likes
- 172
Ok Guys, I have worked out complete maths now...
I am fully protected. :cheesy:
I shorted FTSE JAN-14 future late in the evening @ 6641 and some more just now @ 6634.
I set my ratio according to my long position and I can sleep now :clap:
Will reverse my position after all news noise is over tomorrow.
JT
I am fully protected. :cheesy:
I shorted FTSE JAN-14 future late in the evening @ 6641 and some more just now @ 6634.
I set my ratio according to my long position and I can sleep now :clap:
Will reverse my position after all news noise is over tomorrow.
JT
Jessi_trader
Veteren member
- Messages
- 4,110
- Likes
- 172
Morning All
D'Day for FTSE today.
D'Day for FTSE today.
Last edited:
