MGBRoadster
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barjon said:
LIFFE😡ZH5 is the March 2005 FTSE100 Futures contract (Interactive Brokers symbol is Z )
The last price I saw yesterday was 4802, but at 7:30am today IB had "C4805"
Gap doesn't look like closing today
MGBRoadster
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Futures market trades an extra hour til 17:30
The last couple of days the "C" price has been very close to the Futures price at 16:30, and I had thought that explained the difference. But last Friday had C4814, which was the same as my 17:30 price. The 16:30 price was 4808, so there must be another factor.
If you show a horizontal line for the "close" in Quotetracker it shows the same price as the "C" price from IB. This isn't always the same as the last price shown on the previous day's chart
The last couple of days the "C" price has been very close to the Futures price at 16:30, and I had thought that explained the difference. But last Friday had C4814, which was the same as my 17:30 price. The 16:30 price was 4808, so there must be another factor.
If you show a horizontal line for the "close" in Quotetracker it shows the same price as the "C" price from IB. This isn't always the same as the last price shown on the previous day's chart
barjon said:
I hope you will not think that I am nit picking but if you trades were not mistakes/errors/miscalculations I hope I manage to avoid successes similar to them.
Or is this a case of 'context & judgement'..........couldn;t resist it..
Regards
bracke ( without malice )
barjon
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bracke said:
Now, now brackey boy. You well know that no method gives success every time - you've got to accept the ebb and flow.
They were not mistakes in the sense that they were correct trades in the context of my method with no judgement made to ignore or bend any of my rules.
By the way, did you notice the infamous dow 10am reversal struck again as it did on Tuesday. Not so rewarding this time though.
good trading
jon
MGBRoadster
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barjon said:
duuhhh!!! never thought of that. 😱
I'll ask
barjon
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bracke said:
not unless my ebbs start ounumbering my flows
Also by the way - I tried to post the first chart earlier for your edification and delight so you could see if the long white continued operating in real time but my computer threw a wobbly when I tried to convert to .gif .
In the end the mid-point of the long white held for a time and then the base (with a couple of minor penetrations) but never doing more than just holding and never able to break through above first the candles high and then its mid-point until we got to DOW opening. First a break down (but you always have to wait for that potential 10am caper) then up with the base of the longest white of the day giving support? Another co-incidence I suppose 😉
good trading
jon
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knucklehead
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barjon said:
In the UK it was, so that all you brits could sleep in after binge drinking all night and kissing lamp posts !!!!
Where talking about the Real Markets in the good ol 'U S A !!!
While you lot were fast asleep the markets changed trend that's why your still probably bullish, when the smart money is Bearish :cheesy:
counter_violent
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knucklehead said:
Or could it just be that the economy on this side of the puddle is doing o k, whilst the chickens are coming home to roost on the other side !!!!!! :cheesy:
barjon
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knucklehead said:
kh
mmm, so what was the big sell off of ftse stocks and how come ftse was +32 on 4 Jan when it did open after all that happy binging and kissing? 😕
There's been smart money calling the bear for well over a year now but he's still slumbering 😆 . He might open an eye if we go below 4765 and come out of his den for a look around if 4675 goes. Meanwhile the bull may have caught a winter cold and it might yet develop into 'flu but it's a bit early to call up the knackers lorry.
Course you may be spot on in calling the turn, in which case my not-so-smart money will join yours with still lots of room to profit. 🙂
good trading
jon
barjon
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bracke said:
bracke,
Ah, we're back to context and judgement 😆 What you're looking for is a convincing move, often depicted by an unusually long candle in the context of recent action. There is a little s/r logic behind it - rember the support/resistance graph?
The 50% point is where buyers begin to outnumber sellers and the base is the point where it's all buyers and no sellers. That assumes the price is ranging, if it's going to trend up then the s/r graph is tilted up with the base becoming the 50% point on a 45degree trend.
good trading
jon
