FTSE 100 - Live trades as part of an exercise

Nasdaq was the weakest link today...double top on 10 mins

It is telling me risk off

OIl @ resistance and copper put in double top

Risk FX looks toppy with triple tops

Therefore I will look to short Risk FX soon along with indice...especially the aussie !!
 
Hello nice to meet a fellow trader.

I have been taught to use the following variables in deciding the trade on ftse 100

1. Risk FX - aus/usd and eur/usd and UUP

2. Commods - Copper and oil

3. indices - Dax ,nasdaq, semi conductors, dow transports ,

4. equities - barlcays, bp , bhp billiton , marks and spencer


I am currently doing an exercise and taking a lot of trades in order to kill my 2 biggest enemies

1. Greed

2. fear

I will soon start to focus on a few trades and take the best set ups, but for now I must do my exercise


Thanks.

It is important to focus.
 
back to sleep , I always wake up to see the price action in the Asian session

The FOMC minutes were very hawkish hence US dollar rally in the asian session
 
Good morning to all

not sleeping well at all lately, hospital appointments after hospital appointments

trading helps me take my mind of my health problems

back to trading

I have been told that hang Seng is the world market leader and dictates bias for EUROPE overnight

Hang seng is negative due to liquidity concerns

Therefore I am a short ftse 5686

sl= 5716

tgt = 5656
 
usd/cad trades inverse to oil

holding support after FOMC signalled a hawkish view hence oil failed @ $103 and Risk FX failed .......hence short EURO and AUSSIE overnight

also another argument for my short bias on Europe
 

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Good morning to all

not sleeping well at all lately, hospital appointments after hospital appointments

trading helps me take my mind of my health problems

back to trading

I have been told that hang Seng is the world market leader and dictates bias for EUROPE overnight

Hang seng is negative due to liquidity concerns

Therefore I am a short ftse 5686

sl= 5716

tgt = 5656

amended to b/e @ 5686
 
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