FTSE 100 Intraday - November

[Hooya]

some major fibs around in the 9900s I think

 

[lockstock]

Just nicked 40 pts on that news spike :cheesy: INDU

 

[lockstock]

Well done Oaty, see yer got yer first gif image posted with Printkey 2000

 

[jonnyy40]

I've had enough for today.

 

[Hooya]

mmmmm? got the pop and drop but looks false to me...so probably will get higher prices out of UK ours and even on MOnday? Of on hols on Sunday so probably will miss all the fun.

Have fun.

 

[barjon]

bonsai

after your endless patience and 1 to 1 coaching (sufficient
to have made me a master trader had it been about trading)
T2W is still telling me it's not a gif file!! can't expect you to
waste any more valuable time on helping, but if you do have
any bright ideas........

jon

 

[bonsai]

have a good holiday hooya

a bientot

 

[bonsai]

havent entirely given up the idea this might be the end of a B wave.

that bit of nonsense at 1.30 looked like they were only marking things up to make a high (for the day?)

so its all a matter now of where this correction from 4390 takes us.

 

[barjon]

test

 

[JeanM]

Bonsai


Are you short from 90, or are you waiting to see what happens?


Jean

 

[bonsai]

hi Jean
neither, I'm busy packing !

lol

 

[barjon]

Bonsai

You're a star!!

Finally got a chart up. Will experiment with the editing until
I can get some as pretty as yours.

Thanks again for all your trouble and help.

good trading

jon

 

[bonsai]

lol
just call me ursa major ?

 

[bonsai]

interesting week ?
for the first time, it seems to me, we have first consolidated and then sat on 4280 which if you recall is the major fib 5282/3277/50%
previously we had broken through then failed to hold. But now it seems , support may be there if we ever need it.

There is a gap of course from this morning ...........

 

[barjon]

just another test with the avz chart I talked through in an
earlier post. The vertical red line is when the intermediate
trend changed to down and the horizonal red lines mark swing
highs

 

[bonsai]

Something for the weekend, Sir ?


Here is a chart for the last two days as it may well cover the
whole of the move.
After finding support on my 50% fib at 4287, we have had a very nice move up to test the previous high.
One thing to note was the 'set up' at 1.30 on friday.
Hasn't happened for some time but seems clearly to have been about forcing a high to complete the wave count.
You do have to watch out for that sort of false break. The mm's love it.

Wave counts as you know are notorious for ambiguity and the
A/B/C which I have marked could also be 1/2/3 and therefore
more to come.
But either way, some correction was expected after the high.
Whether its just a 4th wave or the start of a more serious
correction, nobody can say. But as a minimum, I would expect to
see and abc shape.
The Advance /Decline line may well give us the answer on Monday.

Any comments ?or other views ?

 

[bonsai]

ok
well done

you should now be able to post a larger version without any problems.

(and delete the previous posts ?)

 

[Fluke]

Bonsai.
I have sent you a PM.

 

[Fluke]

My test chart.
With help from the Governor.

 

[bonsai]

The Life of Brian cont'd .............

When a market bottoms, you always have the problem of
deciding which stocks to pile into, especially if you need to
replenish your portfolio.

You could keep it simple and choose the most volatile or you could choose those which have performed best during the fall.

Here is a table which shows both categories.
I havent shown the price now as some have come off their tops.
And I haven't shown the highs since the Ftse low.

So I have left something for you to do ,if you want to pursue the 65 day rules.

When you have put the highs into the table and see which group has done best,
you may be surprised at the result ?

I havent mentioned selling signals , well not yet anyway.