Target was 6129....not playing the game yet!! Added @6121 lets see fairly tight stop...
Holding....support @ 6120 but need some bulls to step in...otherwise could well breakdown to 6110 - 6112 hence tight stops
Stopped out. Lets see where we are heading before attempting re-entry.
Stayed flat - not enough buyers.....yet
psaTrading
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Asian indexes closed higher, despite the worrying signs coming from the Chinese economy. The economic data in China continue to justify the seizure of investors. On Saturday, it was published that industrial production grew 6% in April, less than 6.50% anticipated by economists. Equally disappointing was the investment in fixed capital, in the same month increased 10.50%, short of the 10.90% forecast. Retail sales, which include some public entities expenses increased 10.10% in April, a lower variation than 10.50% anticipated. As private investment, domestic consumption is one of the priorities of the strategic plan of economic reform in Beijing. These data Relaunch uncertainty entity investors about the Chinese economy. During the month of January there has been a strong economic slowdown but later the data for February and March returned some encouragement. However, the latest April data back to make a bleak description of the Chinese economy. Adding that Reuters reported that during the weekend, the Chinese regulator would have urged, through an official letter, the major banks to increase their provision of credit.
joseph1986
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@;
didn't warn on that short but free money should be around when ftse hits 6164...short the dow then
DOW needs to puke about 20 or 30 pts here
didn't warn on that short but free money should be around when ftse hits 6164...short the dow then
joseph1986
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on second thought don't short anything, done for the day...wish i stayed in that long from 6104...meh....
piphoe
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ya, think i see what you see in 6164. don't watch ftse usually, maybe i should throw up a small chart.....
Not traded...far too many bulls and didn't catch the long.....FTSE futures heading for 6180 - 6190, anything from 6190 short.. lets see.
Scalp S 6178 on retrace..could be a breather..tight stop
Silverlight
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Hi Everyone,
I wanted to introduce myself & ask a few questions of the members in this thread. I have been paper trading for a while but without much success as I don't know which indicators are the most reliable & how they should be set - up. I am using an Mt 5 demo & 1, 5 & 30 minute time frames trading the ftse. I have dabbled before but nothing serious so I am familiar with charts support/resistance etc. I would love to be able to Trade full time as after an accident I am now unable to go out to work. Any information about your own set ups & which indicators you find give you the best signals & how you use them would be greatly
appreciated as I am now the sole breadwinner in the family..if I can succeed I would like to trade the ftse future as I like the way it moves....Once again thank you all & I look forward to hearing from you..
I wanted to introduce myself & ask a few questions of the members in this thread. I have been paper trading for a while but without much success as I don't know which indicators are the most reliable & how they should be set - up. I am using an Mt 5 demo & 1, 5 & 30 minute time frames trading the ftse. I have dabbled before but nothing serious so I am familiar with charts support/resistance etc. I would love to be able to Trade full time as after an accident I am now unable to go out to work. Any information about your own set ups & which indicators you find give you the best signals & how you use them would be greatly
appreciated as I am now the sole breadwinner in the family..if I can succeed I would like to trade the ftse future as I like the way it moves....Once again thank you all & I look forward to hearing from you..
