I can but refer you to the FTSE250 which shows two clear implusive downwaves and the second corrective wave as yet undecided (to-days action).
So either we have a completed ABC with a hestitant start to a new impluse or
we are in wave 4 with one further wave to the downside before a useful correction.
Only time will tell, but at least you can attempt to analyse the FTSE 250 compared to the FTSE100.
Hope that helps.
So either we have a completed ABC with a hestitant start to a new impluse or
we are in wave 4 with one further wave to the downside before a useful correction.
Only time will tell, but at least you can attempt to analyse the FTSE 250 compared to the FTSE100.
Hope that helps.
Attachments
mully
is that prinkey you are using ?
I have been trying it out.
You can cut out a rectangle to make the pic smaller and then
save to gif but I gather if you want to do any other editing, it
throws you back to Paint and then you have to go through the
bmp route.
Is that right ?
is that prinkey you are using ?
I have been trying it out.
You can cut out a rectangle to make the pic smaller and then
save to gif but I gather if you want to do any other editing, it
throws you back to Paint and then you have to go through the
bmp route.
Is that right ?
Thanks Mully, Bonsai. Trading what you see is the way. Just a bit frustrated with myself really. The last three days have gapped
an triggered a sell signal with in mins but the cmc quote has made me hesitate and thus lost a good opportunity. I can only blame myself.
an triggered a sell signal with in mins but the cmc quote has made me hesitate and thus lost a good opportunity. I can only blame myself.
barjon
Legendary member
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mmm, tomorrow's looking pretty crucial. No surprise
that today's candle was uncertain with a negative bias
(bit like the quotes all day
)
Funnily enough these have been followed by a fairly
strong up day in recent weeks although there's no
good reason why they should.
wonder what tomorrow holds?
that today's candle was uncertain with a negative bias
(bit like the quotes all day
) Funnily enough these have been followed by a fairly
strong up day in recent weeks although there's no
good reason why they should.
wonder what tomorrow holds?
weird ? is a word that come to mind !
finding it impossible to rationalise what is going on.
some very negative forces at work in the european markets !
time for conspiracy theories, i think !
anway, it looks like we have a higher low in place, so that
is something
but the risk is that the dow may want to pull back to test support.
so a gap opening may be suspect.
72/76 at the moment. (not taking out todays high)
we may need to grit our teeth tomorrow but go with the flow.
finding it impossible to rationalise what is going on.
some very negative forces at work in the european markets !
time for conspiracy theories, i think !
anway, it looks like we have a higher low in place, so that
is something
but the risk is that the dow may want to pull back to test support.
so a gap opening may be suspect.
72/76 at the moment. (not taking out todays high)
we may need to grit our teeth tomorrow but go with the flow.
Trading Shed
Member
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Hy guys, new thread follower
Surely the chances of closing below 4430 are very slim today?
Surely the chances of closing below 4430 are very slim today?
hungrybear
Active member
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Morning all,
Popping in again to catch up. Sold the house last week and have been busy (still am) finishing lots of urgent jobs before Mr surveyor comes round. I'd just stripped the bathroom as well, so now finishing the plumbing and tiling. Managing some trading, but the action hasn't inspired me to stay and watch! Personally, my indicators suggest up until maybe Wednesday with a new high, but action so far is keeping my bets small!
Good luck.
Popping in again to catch up. Sold the house last week and have been busy (still am) finishing lots of urgent jobs before Mr surveyor comes round. I'd just stripped the bathroom as well, so now finishing the plumbing and tiling. Managing some trading, but the action hasn't inspired me to stay and watch! Personally, my indicators suggest up until maybe Wednesday with a new high, but action so far is keeping my bets small!
Good luck.
Trading Shed
Member
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noone is - sorry - talking to myself.
