FTSE 100 - March

[bonsai]

fluke
1 day and 2 day sma's

the rsi is more tricky.
it's a 1 day rsi using a 3hr sma as the base data.
that's why it is fairly smooth.

 

[Fluke]

Bonsai .
Thanks.
Hope you are keeping well.
Regards Jon.

 

[Fluke]

Bonsai
I have found I can get near to you'r ma's on my charts by setting the sma's to 55 and 89.(Fib numbers),that's near enough for me.
I am short at the mo.
What is the sloping down trend line for, from 4545 on 20th Feb,is that a target line.

 

[Hooya]

fairvalue seems back to normal now... there are 1 min intrday gaps to fill off the high. But into what I have now termed "no man's time".....so time to sit and wait if not already in a position .

 

[bonsai]

fluke
just an old but effective support line

it provided support several times on the way down so I have left it in place.

 

[Fluke]

Bonsai.
OK.
No more questions to'day.lol

 

[Hooya]

just done a quick check and cmc offer is lower than other sbs

eg. others =4513,4515,4516 and Cmc is 4509


thus expect an adjustment of spread/fairvalue later in the day imo

 

[Hooya]

.,

 

[Hooya]

is today some sort of abc...very confusing?>

 

[bonsai]

maybe too early to count. not sure yet that the move is finished.

 

[Hooya]

it would be a funny place for it to stop wouldnt it. We have 3 gaps down below now of note.

 

[Hooya]

my grid today based on Fridays trading range using the pivot as the base

 

[bonsai]

if you have it drawn on your chart, you will know that we are once again above the channel line and that yesterday it gave support followed by this bounce.

for the second day, we have had a gap up at the open.

 

[jonnyy40]

I'm short at the moment but the dax is looking uppish.

 

[Hooya]

your thread has had one more post than mine now. Where is everybody

 

[oatman]

I sold Ftse future at 4529, it took me 45mins. to get it back at 27.5.
I suspect everyone's asleep. Happy to be flat at the mo.

 

[Hooya]

well Im holding my positions.....might not doanything now until 12 at the earliest but there is always a probabilty that it could keep making intraday lower highs towards the gap? At the mo my macd is pointing down so no reason to change my outlook


...yet

 

[goostrey]

we are here but struggling to keep the eyes open, Im short also but it is taking forever . zzzzzzzzzzzzzzzz

 

[Hooya]

quick enough for you now goose?

 

[oatman]

Sod's Law :cheesy:
I had to go out for 1/2hour. Serves me right for being impatient.