Bullish Bear
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I'm short 4119 at the mo...
seems like someones put an elastic band there at the minute...
I'd say to get beyond 4140 the dow is gonna have to tame 9000..
or some sterling perfomances from financials and pharmas..
BUT I can't remember such strong sentiment since the late 90's so anything is poss...
seems like someones put an elastic band there at the minute...
I'd say to get beyond 4140 the dow is gonna have to tame 9000..
or some sterling perfomances from financials and pharmas..
BUT I can't remember such strong sentiment since the late 90's so anything is poss...
for anybody reading this who is new to the game
that was a classic weak bull shake out
can often happen in the lead up to the dow opening
prior to a rapid rise.
think of it as the market makers trying to get you to
believe they know something you dont.
that was a classic weak bull shake out
can often happen in the lead up to the dow opening
prior to a rapid rise.
think of it as the market makers trying to get you to
believe they know something you dont.
Hi Bonsai
Just for your info CMC/D4F charts do have a trendline facility but unlike the other indicators you can select it by clicking your cursor over the relevant part of the chart and a blue line will appear creating a trendline or support resistence lines.
I have used D4F charts to good effect but have had the best results for daytrading when concentrating on there own prices, however there charts lack CCI and when selecting a lower indicator to much of the upper chart is lost (although I am using a 15" monitor) so a larger monitor may well improve this problem. I like to use CCI which is not provided by D4F the next best alternative is RSI however I find this tool on D4F is not as good as other charting packages. I do not know if this is down to the fact that with D4F charts you are charting either the bid or the ask price rather than a combination of the two. I have found it better to rely on the upper chart with Bands and SMA's. However I now rely completely on Sierra charts and look upon D4F charts as possible back up should Sierra fail up to now they have yet to do so over a 4 mth period.
Kevin
What I have discovered recently by introducing FTSE Index Futures to my trading is that sometimes I am in front of the D4F price charge due to working off the Futures chart.
Just for your info CMC/D4F charts do have a trendline facility but unlike the other indicators you can select it by clicking your cursor over the relevant part of the chart and a blue line will appear creating a trendline or support resistence lines.
I have used D4F charts to good effect but have had the best results for daytrading when concentrating on there own prices, however there charts lack CCI and when selecting a lower indicator to much of the upper chart is lost (although I am using a 15" monitor) so a larger monitor may well improve this problem. I like to use CCI which is not provided by D4F the next best alternative is RSI however I find this tool on D4F is not as good as other charting packages. I do not know if this is down to the fact that with D4F charts you are charting either the bid or the ask price rather than a combination of the two. I have found it better to rely on the upper chart with Bands and SMA's. However I now rely completely on Sierra charts and look upon D4F charts as possible back up should Sierra fail up to now they have yet to do so over a 4 mth period.
Kevin
What I have discovered recently by introducing FTSE Index Futures to my trading is that sometimes I am in front of the D4F price charge due to working off the Futures chart.
Todays Calender
Thursday 5th
Boots (F)
Johnson Matthey (F)
Kelda (F)
Tate & Lyle (F)
Helical BAR (F)
PHS Group (F)
Signet Group (Q1)
SSL International (F)
00.01 UK BRC Shop Price Index
12.00 UK BOE Rate Announcement
Elsewhere
13.30 Initial Claims (w/e 31/5)
15.00 April Factory Orders
11.00 EMU Q1 Preliminary GDP q/q
11.00 EMU German April Factory Orders m/m
12.45 EMU ECB Rate Announcement
Friday 6th
Results
Reports Hardy’s & Hansons (I)
Jarvis Hotels (F)
Oxford Instruments (F)
Wincanton (F)
Youngs & Co Breweries (F)
13.30 May Non-Farm Payrolls
20.00 April Consumer Credit
-
Thursday 5th
Boots (F)
Johnson Matthey (F)
Kelda (F)
Tate & Lyle (F)
Helical BAR (F)
PHS Group (F)
Signet Group (Q1)
SSL International (F)
00.01 UK BRC Shop Price Index
12.00 UK BOE Rate Announcement
Elsewhere
13.30 Initial Claims (w/e 31/5)
15.00 April Factory Orders
11.00 EMU Q1 Preliminary GDP q/q
11.00 EMU German April Factory Orders m/m
12.45 EMU ECB Rate Announcement
Friday 6th
Results
Reports Hardy’s & Hansons (I)
Jarvis Hotels (F)
Oxford Instruments (F)
Wincanton (F)
Youngs & Co Breweries (F)
13.30 May Non-Farm Payrolls
20.00 April Consumer Credit
-