FTSE 100 intraday trading - JULY 2003

[reactor]

bonsai

at 11:00 what was the ohlc on the SB's? on the futures it was 4118.5, 4123.5, 4118.5, 4123.5. i'm curious to see where the SB's were compared to the real market.

 

[gkareer]

Can i see a Head & shoulders top forming on the ftse100 tick chart....what do u think..???

 

[2468steve]

"I have a few samurai rules if they will help"

Bonsai,
have you read/studied any samurai ways and related them to trading?
Thanks
Steve

 

[reactor]

on the minute chart for the ftse 100, i see a rounding top.

 

[Sledgehammer]

W2G

agree with u about E2T. they are very nice bunch of people

on a lighter note: have you noticed that if you have made at least one trade in the day and then minimise the platform window and then restore it, you get that "plop" sound of an order being filled?

that's caused me the odd heart flutter!

 

[bonsai]

reactor
cant give a precise quote but reading off their chart
I can see 41/44 for their Rolling Cash
is that what you wanted ?

 

[bonsai]

gkareer
looks like you may have been right , but no follow through. ?

 

[reactor]

bonsai

thanks! it looks pretty high as usual for a SB company. must have been skewed a lot. i doubt the real index was anywhere near the spread during that minute!

 

[bonsai]

2468
lol
not really

but
-trade without fear
- there are no regrets
- live in the present not the past or the future
- never break the rules
- discipline yourself to follow the rules
- accept all possible losses before entering the market.

all fill the bill I think.

Is that what you had in mind.
It's how I relate to the samurai.

 

[bonsai]

reactor
actually no.
the sb's did not really go with the final push on the cash
which I have as 4144.
and is a clue to a spike top, imo

edit
looking back on the detail cash went higher than that.
but I have a 2 min filter on my charts.

 

[Sledgehammer]

shorted the future twice at 29, but keep coming out at 16. Tom's path has made me a bit nervous

 

[reactor]

head and shoulders anybody?

 

[bonsai]

that's why I think his kind of posting is
at best unhelpful and at worst soul destroying.

but people seem to like that sort of thing.
nobody can see into the future.
nobody. not even with the best will in the world.

 

[Sledgehammer]

bonsai

any opinion on the spiral calendar?!

 

[bonsai]

?
is that the sun spots thing or moon cycles ?

no comment.
lol

 

[reactor]

obviously the bulls want to stay around and scare the bears off!

 

[bonsai]

reactor
there may be more upside to come ?
looks like it wants to sit and think for a while.

or put it this way.
if this rally tops out below 4219, I am expecting a very rapid sell off.

 

[reactor]

bonsai
it's looking a bit wild on the futures market. it topped out at 4133 on the futures earlier on. i don't see it going up past this point as support is miles away at 4112. i don't see a safe entry if one wants to go long at the current time.

 

[bonsai]

on the cash you might use 4130 as a stop
how safe I cant say.
might be a good place to short too.

and if everybody can see that there may be some
cattle trading if we get there ?

 

[bonsai]

that's pretty well me done for the day
too late to trade now even if it starts moving
which it may.