FTSE 100 Intraday - November

[hungrybear]

It also fits with my expectations of an initial move up on WS followed by a sell-off, similar to Wednesday, though of course it's just a half day with likely low volume so anything could happen. Come to think of it anything can always happen!

 

[barjon]

mornin' all

hooya - candlestick signals give around 65 - 70% next day
success but, like your 81 now 68, it's an illusion from a trading
point of view since it's not tradeable.

bonsai - see you've been sticking your head in the lions mouth
this morning!

good trading

jon

 

[jonnyy40]

Why is it just a half day?

 

[Hooya]

barjon...it might be tradable combined with other information...e.g
if the index is currently -10 after lunch and you have a long signal and the prediction signal is saying a +ve close you have added confidence I guess.

 

[hungrybear]

It's a half day on WS 'cos it's turkey weekend.

Gutted I missed that move down. My trading programme froze when I went to enter and by the time I got it restarted the Ftse was down 12 points.

 

[bonsai]

short from 68 but only for a few minutes methinks.

as this could be the start of something, dont be surprised if there
is a pull back and you get a second chance ?

 

[barjon]

hooya

mmm but trading with a "prejudiced expectation" can be
dangerous. Some of my worst gaffs have come that way!!

Out of it now - my choice this time since golf beckons. Have a
good and profitable day all of you.

 

[bonsai]

there is still frost here.
they wont let you on the greens will they

so all morning at the 19th !

lol

 

[bonsai]

fib ahoy !

does somebody out there think the dow will not make
a 5 day high ? and may tank ?

 

[Hooya]

barjon, I view all indicators as a probability that one thing is more likely to happen than another. therefore as statistical signal that says its more likely to close in that region rather than this one surely has to be view the same way and thus there are no expectations involved

 

[Hooya]

not sure Bonsai, my charts looks like there is more upside to be had but definitely overbought again.

 

[bonsai]

perhaps if I turn my chart upside down ?

it works sometimes.

 

[oatman]

....and look at it in the mirror? :cheesy:

 

[bonsai]

ah!

the voice of experience !

lol

 

[bonsai]

cut through that fib now onto the next one at 4332 ?
dax is now attacking its fib around 3695

?
hmmm

 

[Hooya]

stalled abit here hasnt it, a couple of trendlines providing support around 32-36

 

[bonsai]

trailing stop just been hit

so time for lunch.

 

[bonsai]

we seem to have been down about 90pts which we now have to claw back if we are going to make a new high ?

that's about 180 pts on the dow ?

is that divergence ?

dow only seems to need about 100.

 

[fotheringham]

I think the high is already in place.

 

[bonsai]

if so, on a rush to judgement, 4380/5 looks important again

?