FTSE 100 January

Thanks Mully, and well put. If appropriate, I'll try to back up a significant target I post so everyone can see the basis of my analysis.
 
FTSE 100 MOVEMENTS

As I am new to this forum messaging service I forgot to say the movements I am interested in are the FTSE 100. I am expecting a fall back down to around the 4430 mark but I am not convinced this will happen in the next couple of days.
 
here is a chart with a target !

more like what I have in mind
 

Attachments

  • pf.gif
    pf.gif
    30.7 KB · Views: 304
mornin' all

interesting exchange guys - my twopennyworth is that every
time you enter a trade you are entering into the unknown and
thus exercising an opinion as to what is going to happen next.

Reading what the market is doing just makes it a better informed
opinion than one based on what you expect the market to do.

The only way you can operate with proof positive is to trade the
market backwards, but I can't get anyone to give me a quote :D
 
:LOL:
good one barjon, "the soft left edge ?"

--------------------------------------------

Poor old (Sir) Bill , it never rains but it pours !


EU's MIND 'MADE UP' ON MICROSOFT
Microsoft could soon be facing multi-bi
llion euro fines and other sanctions
for breaking European competition law.

The European Commission has finished
drafting its decision in the case it
brought against the software giant.

The Commission is likely to decide that
the firm illegally tied audio and video
software, as well as server systems, to
its Windows operating system.

While continuing talks with Microsoft,
it is now circulating the decision to
the parties involved.
 
where'd that pf chart go? here's another version
tasteful or what :p
 

Attachments

  • ftsepf.gif
    ftsepf.gif
    10.3 KB · Views: 236
decided to take my pennies and run for the door even though 1 day is rising. try again later.
risk/reward.
 
Bonsai

On your EW chart you are saying if we fail to get through 4480 we could then go down in a C wave, but in the P&F chart the target is 5000 which is what you say is more what you have in mind, or did you mean the 4000?

Jean
 
Jean
different time frames.

the ew was looking at today

longer term the charts still look bullish, so 4750 looks possible
P&F was just in the same general direction.

the top line of the channel seems to be the best 'objective' look
at where we might go and when.

and the bottom line the best look at whether we are still in trend ?
 
a bonza day so far - all my 7 longs are steaming in the blue
(with wpp opened this morning setting off like Linford Christie)
and my 3 shorts in the red. It can't last!!
 
it's likely i might stop myself out for evens but currently in the
money as they say so ok for now but 72 acting as support. entered on break of intraday triangle
 
if we can't keep the 1 day rising after 130pts on the dow then
something smells ?
 
Top