FTSE 100 Intraday trading - MAY

[bonsai]

looks like W.S had it wrong
it is a dagger !

 

[Lambchops]

Never let a profit run into a loss - Where do you guys decide to implement that? i.e After +1 +2 etc

 

[bonsai]

ah, now that's a long story ......

I mentioned it in relation to pyramiding ?
where the market has already moved well in your favour.

on a single trade, its sometimes impossible to avoid ?

 

[bonsai]

like now perhaps
just gone short at 65

 

[rglenn]

Nice to see you still posting Bonsai!

I thought you were going to leave us after your little tantrum last night!!

 

[bonsai]

which tantrum ?
there are so many to choose from !

 

[rglenn]

The one about the Guests!

Remember?

 

[bonsai]

oh yes
I see they have stopped auto refresh on that page
silly bu***rs
dont they know we have auto refresh ?

but its that sort of thing that does irritate.

 

[bonsai]

awllee
is this going to be a goody ?

 

[RogerM]

Took 5 points out of initial run up this a.m. Now short from 4074.

 

[jonnyy40]

Indicators

Can you quantify how many indicators you use Bonsai?

 

[bonsai]

roger
nice entry.

 

[RogerM]

closed at 4072 for +2 seems to have run out of momentum.

 

[bonsai]

I think I listed my ftse set up higher up the thread.
seldom use one indicator on its own

don't know how many anymore
been doing it so long its become second nature.

so there are probably some I haven't mentioned
like gap trading for instance.

 

[awllee]

5th time lucky

Blimey.. i have been trying to post this picture for ages now

 

[awllee]

It's gone up since but how far can it go?
It was a pennant pattern which indicates it should follow the previous trend which was up.. however, what do the experienced traders reckon? Will it go up to the opening price this morning and fail....
I'm thinking of last nights DOW movements which was a huge fall back to the 10 day MA

 

[jonnyy40]

Bonsai

I was just interested in comparing your number against JonnyT's automated system rules - But I accept it's more likely a case now of just looking at the chart and 'feeling' its right? Your obviously the man to kick-off the FAQ though.

 

[awllee]

I tried to post this morning guys and after 5 tries I've put the post in the wrong place... arrrgh!!!

 

[bonsai]

added another short at 78

 

[barney101]

morning all, just found this site a few days ago. thought it was time to start to contribute!!!