FTSE 100 Intraday Trading - October

[mully]

Bonsai

FTSE retracement this morning appears to have held at the 50% of the 4292-4327 move.

 

[bonsai]

Lecter
I suspect its 6 of one and 7 of the other.

Personally, I have a system and trade it regardless of other
comments.

Think most others do as well. At least I really hope so.

But it is surprising how many do not appear to have a system
except in the very vaguest of terms ?

Nevertheless, many posts do alert me to things I may have overlooked.

Like mully's last post
lol

 

[bonsai]

?
cash at 16 d4f 9/12

 

[Wideboy]

US futs coming off highs

edited cos i cant spell

 

[bonsai]

on the other hand, if I am guilty of creating undue influence
please shout out.

anyway, I wont be here next week so maybe you will
notice the difference.

 

[Fluke]

Bonsai.
I have told you many times you are very good to take the trouble to put so much effort into this thread,after all,you dont have too.do you?.
I read you most day's,I am learning all the time and do post some rubbish,I know but hope to improve.
As I have said before keep it coming.
Any way hope you enjoy you holls and keep out of the horse road.!!

 

[Lambchops]

Bonsai - Have a good holiday and thanks for the new avator. Shame you are going away as the thread has really come alive this last week.

 

[jonnyy40]

Are there any American figures out today?

 

[Pete Hannan]

I'm long at 4312 since 12:15 (had problem posting). D4F were offering less than the cash, the Renko had taken an uptick and the 100ema was offering good support. Still happy at this point.

Please keep posting, Bonsai. I think you got a bit fed up with all give and no take on TT, but your analysis is a very interesting read. I hope you feel refreshed after your holiday.

 

[Pete Hannan]

Producer Price Index, and Trade Gap out at 1:30.

 

[jonnyy40]

I think It's building for something.

 

[jonnyy40]

Bonsai,if you see Big-foot,ask it to give Tom Hougaard's hair back.

 

[bonsai]

Pete
I didnt comment on your renko chart.
but I think you should post them more often

 

[Wideboy]

Yes Bonsai, welldone on making this a brilliant thread.
My contributions are minimal but along with others hope to make this thread even better!

 

[Pete Hannan]

The US figures seem to have been well received initially.
Trade Defecit 39.4 vs 41.1bn expected
PPI up .3 vs .1 expected
core PPI up 0 vs .1 expected

 

[hungrybear]

Bonsai,

Great thread - I do have my own systems but reading yours and others comments makes for a good reality check. Hope my contributions are seen the same way.

 

[bonsai]

well, you may know what is going on, but I dont.
looks a bit like bride with trembling knees ?

started to look like a wedge for a while then gave up.

I doubt many systems are giving sensible directions ?

but trend is still intact.

think I will stand aside now in case I get sucked in and cant get out by the close.

 

[Pete Hannan]

The 100ema was broken and then tested from below. I have cut my long at 4309 for a 3pt loss.

 

[Pete Hannan]

As you can see, the Renko confirmed the change of trend. At first I thought I was mad to cut at 4309/11, but now reading 4304/07 . We'll see.

 

[bonsai]

lol
and now it breaks the 1 day !

still, shant change my mind now.