FTSE 100 February

[bonsai]

meanwhile the dax is doing it's bit very nicely.

a one man luge ?

<img src="http://www.luge.ca/photos/misc1/8.jpg">

 

[barjon]

fa la la, drifting down the river with the breeze whispering in the
trees. Only shock was the girl on Radio 5 news at 1 o'clock
announcing that ftse was UP 12 - sent me scurrying to the screen
I can tell you!!

Been having a mass clear out. Gone round full circle for the
umpteenth time and ditched all the bells and whistles to leave
the simple basics - even opened a new watch list entitled
Mully's 8 Year Olds!!

I'll be there again tho' since bells and whistles are so intriguing
even if they do play twentieth century music most of the time
which only the true afficionado can appreciate.

 

[Hooya]

dax has come down nicely....

Ftse seems to be holding and I guess ignoring the US
I can not see any reason why it might not want to test the 1 day?

 

[bonsai]

yes, a/d is slowly recovering so next move could be up

 

[bonsai]

have also done with the dax for now

waiting for U.S

 

[bonsai]

barjon
lol

if you want something old fashioned ? do you want to try this.
you will need to download ftse from last expiry to date into a spreadsheet.
then caculate a cumulative moving average. That is an average for each day that contains every day since last expiry.

if I remember the signals where buy on break above ma and sell on break below ma.

no bells and whistles on this one, its from the days before computers.

 

[Hooya]

fed pumping today $15bln in $5bn out..probably just going to hold it up until tomorrows data?

 

[Hooya]

sounds a good one bonsai

 

[bonsai]

well it is simple anyway.

it's also what all those system designers on other threads have been searching for but they don't know it yet.


here is rough idea

 

[Hooya]

well I'll stop doing my excel now you've put that up? Couldnt find
how to do cumulative function so it was taking me ages LOL

 

[barjon]

bl..dy hell bonsai, give me a break. I've only just
cleared everything out, don't start me off again (wasn't looking at
bells and whistles for ftse anyway, unless fruitless gazing at
your EW exchanges counts )

 

[barjon]

ps can't resist

why from last expiry?

 

[bonsai]

don't have excel but in lotus you pin the first entry in the formula by putting a $ sign before the row No reference as in

A$1.A1
and then copy down
so becomes
A$1.A55
etc

 

[bonsai]

it's really intended to cover just the current futures quarter.

and then you start again

 

[Hooya]

another one I like is a simple candle chart with MA of highs and MA of Lows
plotted. Unfortunately havent got that on my ADVFN charts

 

[barjon]

the stop brought it to an end - cost me some points trying to
outsmart macd (and ignoring you two!!) - rarely pays

 

[Hooya]

taken me ages to get back on to this site. here's
my chart of the day. and yet again I failed to trade
it properly. All in the mind!!

P:S it's a bit mess but you get the idea

 

[barjon]

a good day for the candles?

the scene was set when the base of the long white was breached by the even longer blue (1) - bit of hindsight here but
macd did signal down soon after . The top of the long blues
held as resistance (2,3 & 4) and so did (5) until the death.

 

[bonsai]

very interesting chart analysis

oh well, got my closing prices now so
a wee dram seems in order

cya

 

[Finirama]

Hooya/Barjon

Excellent charts