FTSE 100 intraday trading - JUNE 2003

[waytogo]

Yeah, I missed the 12:00 move but managed to scrape a few points on the next move down after the 1:30 data. Easy2trade broken again, so will probably give up for the day now.

 

[bonsai]

out at 57 for +35

 

[waytogo]

Bonsai, I'm impressed! How do you manage to keep your cool and stay in through the US open. I always get nervous at that time, knowing that there will always be some kind of bounce then so try not to be in a trade just in case it all goes horribly wrong!

 

[bonsai]

who said I was cool ?
just waiting for the 1hr to hit me and trying to leave alone.

 

[bonsai]

should have gone for a walk ?
lol

 

[bonsai]

never mind
its an ill wind that blows nobody any good

closed my anl shorts for +54
yum yum

 

[RogerM]

For anyone using the Woodie CCI method, three lovely signals this afternoon on the FTSE 5 min chart. Zero-line break on CCI at 4200 resistance at 12:00, slingshot with reverse divergence at 13:35, and a Batman at 14:40. And all nicely under a descending 34 ema.

 

[bonsai]

not too bad after all
If I had had more patience I would have closed at 45
instead of 57. Could have been worse.

 

[bonsai]

A lot of people might have been surprised by todays action. But I
suspect the mood actually changed yeaterday.
Expiry is upon us. Be wary tomorrow ?

 

[bonsai]

morning
still looking at the short side but frankly anything could
happen today. Including a pullback to 4180 !

 

[bonsai]

this may bottom soon and the try again ?

 

[Agincourt]

Bonsai

At what time do all these options expire ?

 

[waytogo]

Morning

10:30, I believe.
Went short @ 4133, but stopped out for -1 (moved stop in too close perhaps). Think I'll wait now until it decides which way it really wants to go!

 

[bonsai]

agincourt
10.30

waytogo
I'm long 39

 

[Agincourt]

I think I'll go and do a bit of gardening.

 

[barjon]

bonsai

got lost!!

in your last chart post (yesterday) you say FIB 62% @ 4105. This is a retracement of the move from where to where?

good trading

jon

 

[bonsai]

barjon
not a retracement of 62% but a pull back to 62%
4219/3920

 

[barjon]

Bonsai

Thank you kind sir

Jon

 

[bonsai]

that's a pity
take 64 for +25
4170 always looked like it might be a problem on the charts.
so as its friday decided to settle for that.
Certainly , the risk of a fall has increased now we are at this level.
and at the mo the dow looks stretched out ?

 

[bonsai]

seems very quiet today ?
no body trading or all on holiday at Reading Station ?