FTSE 100 Intraday Trading - October

[mully]

This looks like Bonsai's gap filling

 

[lockstock]

R1 4364
R2 4390
PP 4345
S1 4319
S2 4300

 

[lockstock]

Well that's the gap filled 😉

Where now??

Down to 4319?

or

back up to VA area ??

 

[mully]

As I pointed out yesterday, if the up trend is to remain intact 4324 remains an important low level to be defended.

Currently, market is in yesterday afternoons VA.

 

[lockstock]

Mully,

Surely the VA areas & the Pivot point R/S areas are derived from the same data.

ie. there must be some sort of correlation between the two


Imho

 

[lockstock]

My CCI has given a double bottom signal on 5 min chart.

RSI could possibly be just about breaking down trend.

 

[mully]

Pivot points use high and low points to calculate (extreme points that market did not, be definition, accept.
VA is all about acceptance (where 70% of TPO occur)

 

[jonnyy40]

The one day SMA is approaching and I think it may push us down.I'm long at the moment (going against my own system,newly devised!!!!!!!!).

 

[Wideboy]

Hope so jonnyy, i'm wanting FTSE to be below 4329 by 12pm for my IG binary to pay out bigtime.

 

[Lambchops]

Welcome back Doc, You missed your little pointy arrow off your posting. Mines pointing up. :arrowu:

 

[jonnyy40]

I think decision time and 12 will be one and the same Wideboy.

 

[mully]

Dr Lecter
I have sent you a Private Message

PS why did you remove your last posting so quickly?

 

[JeanM]

Dr Lecter



Could you let me have the web site for Market Profile. Have just bought the book Mind over Markets and it gives the web address as dalton-profile.com but this doesn't work.
Thanks.

Jean

 

[jonnyy40]

I'm starting to fancy Dr.Lecter's short at 4352.

 

[dazzam]

Lockstock....the heart of Yorkshire is in fact Leeds not Keighley.

 

[Lambchops]

Taken 4348 for +8. Dazzam and Lockstock ... the heart of Yorkshire is nowhere near Leeds or Keighley, its in the beautiful North Yorkshire Moors.

 

[lockstock]

Dazzam

My heart lies in both.

& here' s to 3pts on Saturday 😎


Come on you Mighty Whites. 😉



MOT

Lamby- Where's North Yorkshire :cheesy: :cheesy:


Once did the Like Wake Walk- Osmotherly - Ravenscar- Same year the Scots decided to take Wembley stadium back home with 'em, goal posts & all.

 

[Lambchops]

3 points on a Saturday? Didn`t realise there were any markets open on a Saturday. 😉

 

[lockstock]

Yep,

that 4352 looks vunerable.

5 min CCI divergence with price.

RSI coming off +80.


There again Chartman sees 9900 on the Dow- so we'll have to wait & see.


Lamby. LOL 😆

 

[jonnyy40]

I think if the S&P goes 50+ I'll think again.