FTSE 100 February

[Hooya]

the 34 gap looks inviting doesnt it??

 

[Hooya]

apparently according to Tom H next week President's
week is statistically the strongest of the year with a 10 out of the last 10 finishing up? But would have to double check it.


edit and just read that today i.e the day before President's Day
is statistically weak...

 

[User]

Hooya that is true, but did he mean the week pre to presidents week or the week Monday after presideents day?

 

[Hooya]

User have just asked what he meant. Awaiting reply>?

 

[User]

Lookslike no one knows.

 

[Hooya]

just hit a channel top line of the range since end of last week

 

[User]

yeh I know, I'am hoping he meant next week because as for this week, well its over and dows moved over 200points or so.

If its next week then I'am Long

 

[Hooya]

confirmed week <b>of</b> Pres Day

 

[User]

So does that make you long?

 

[Hooya]

no...makes not difference to me..Just info and might explain why
there might be short profit taking in the UK???

 

[demon]

+43 so far..wonder if it'll reach 4440

 

[Hooya]

here is a range chart Ive been working on doing another one as we speak and will post it later if od any interest

 

[bonsai]

possible platypus on dax

 

[Hooya]

currently short FTSE but have tis horrible feeling data
is going to stitch me up but a signal is a signal

 

[bonsai]

Range ?
is that
todays hiigh - todays low
or
yesterdays low to todays high
or
yesterdays high to todays low
or
todays high/low excluding opening gap (trading range )


how can the ma get ahead of data on which it is based ?

 

[bonsai]

as you know I dont stop and reverse

so flat now and waiting for next signal.

 

[Hooya]

daily hi low range for jan and feb and yes I labelled my legend wrong....im doing ten things at once here.

 

[demon]

can someone please explain a divergence to me.....looked at the charts but just couldn't spot it

 

[Hooya]

In Hooya language its one thing moving in one direction and the other thing moving in the opposite direction. Trading wise we
use it to describe a divergence when we expect two things to move in the same direction. Which chart you talking about?


look at the last chart on this page http://www.trade2win.co.uk/boards/showthread.php?s=&threadid=8453&pagenumber=4

 

[demon]

Hooya, thanks for your reply
I was looking at this chart, even though it's marked, I just can't see it