FTSE 100 intraday trading - JUNE 2003

[bonsai]

well,you never know.
the world is not a happy place ?
but then, has it ever been ?

 

[bonsai]

we seem to be back in the kitchen ?

still dont have a system that tells me to stop and reverse.
so have to wait for new signal.

still waiting.
expecting something to happen around 4190

 

[jonnyy40]

Reverse divergence of CCI appears to be the latest thing over on the other site,slingshots and the rest.Looks interesting,they seem to have picked it up from Woody on e-minitraders.

 

[bonsai]

ANL
change of mind yet ?

 

[jonnyy40]

I think it'll pull back to 475 and go again.

 

[bonsai]

475 will do me very nicely
as I am short from 541

 

[bonsai]

I moved yesterdays trend line from 4112 so that it is under the lows early this am
we have now fallen through and are 'backtesting' it.

momentum is back to zero

 

[bonsai]

normally, that failed backtest,followd by a new low
would be a good signal to short.

but then there is that judgement thing that has nothing to do with markets !
and its telling me to wait.
oh dear !

 

[ChowClown]

..are you there Fluke?...long soon? Mind you the 34 is closing down on the 100 now, so who knows....

 

[Fluke]

Chow
Just observing Bon and others to day.Been busy with domestic work and left the machine running and popped back to see what was happening. LOL

 

[ChowClown]

"Just observing Bon and others to day.."

Wise man.

 

[ChowClown]

..long at 197.

 

[bonsai]

on my dow chart, I seem to have a rather nasty gap from
about 9290 which has not been filled ?

still waiting

 

[bonsai]

have to break off
back later

 

[ChowClown]

...MACD keeping me in on this; let's hope that gap isn't filled just yet!

 

[ChowClown]

..out for +4.

 

[bonsai]

well done chow
I probably wouldnt have traded it even if I had been here.
Too close to the close for me before it looked right.
Poduced a nice Head and shoulders bottom!

 

[bonsai]

Another day, another goodie.

 

[bonsai]

morning all
lots of supposedly important stats out today.None of which
should have the slightest effect on the market ?

UK: May Retail Sales
UK: May Public Finances
UK: May Provisional M4 Money Supply
UK: May BBA/BSA/CML lending data
UK: June CBI Industrial Trends

 

[bonsai]

from the low yesterday pm, I can count 5 legs up.
as the market is still in waiting mode I suspect
that was a 1 wave and now looking for wave 2 which should bottom higher than 4185 ?
so I suspect this mornings drop may not be worthtrading ?
but ..........