FTSE100 July 2004

[Finirama]

I'm a big fan of Wu Tang so was buzzin when i finally got to see them........thought Ocean Colour Scene, Darnkess were class....i'm sure there were many others.....but can't remember that well!!!

Weather wasn't that bad....been to ones where it was a lot worse...overall...it was good....just a fun day out

 

[Fluke]

Fin.
I have done the fib grid4535/4324 and note that 236 is at 4373,fwiw.

 

[Finirama]

H i Fluke,

Thanks and nice one, testing it just now so lets see how it holds up. Will you take a long if it holds? If so, wot is your signal for entry...price action based or indicator based?

 

[Fluke]

Fin.
Its just gone down past it now.I am looking at retest of 4324 and waiting for the big apple to show the way at 2.30 PM.lol.

 

[Finirama]

Cool,

What would be nice is a high volume sell off with a close between 360 - 324 and 2 peak positive divergence on the day chart!!!

 

[alliance]

Cool,

What would be nice is a high volume sell off with a close between 360 - 324 and 2 peak positive divergence on the day chart!!!

Fin & Fluke (sounds like a dodji double act.. :cheesy: ).kiddin!!

Do u think we will retest 320 -324 today? I was thinking later in week..........

 

[Finirama]

Don't think today but as usual, depends on US ....whether S&P breaks 108/9, Dow 190 etc

 

[Fluke]

Alliance.
I agree with fin,between 360-324.I must say I dont day trade i am more a position trader but like to follow this thread for some good advice off the regulars,I think they are magic.lol

 

[Finirama]

Fluke,

How do you find Fibs as indicators for reliability?

 

[Gaffs1964]

Thanks for the explanation Windlesham1 - I feel suitably enlightened!

 

[bracke]

Windlesham 1

"PS - the bike ride?Try £1,000 a mile!"

I hope it was a short ride !

Never trust the market to do what you think it will do, odds on it won't.

Regards

bracke

 

[Finirama]

Can somebody pls post the daily OHLC FTSE with todays volume over the last couple of weeks????

Cheers
Fin

 

[alliance]

Can somebody pls post the daily OHLC FTSE with todays volume over the last couple of weeks????

Cheers
Fin

Hi Fin...not sure if thumbnails are working yet, but here goes.....

 

[alliance]

oops...seems not!

btw, still holding my short, may close part of it later 2night and tighten stop!

 

[Finirama]

Cheers Alliance.

Wots your thoughts? Still holding the short.

I'm thinking failure swing due to volume dry up on the sell. Be watching 2morrow for confirmation.

 

[Finirama]

Cross posts.....Charts are working fine.....do you have a pop-up stopper software that might be preventing the thumbnails.

 

[alliance]

Cross posts.....Charts are working fine.....do you have a pop-up stopper software that might be preventing the thumbnails.

Tnx Fin...I had re-installed Zone Alarm pro on Sat, and just realised I hadnt configured T2W on it.....DOH! Coz Bramble was having probs over weekend, I assumed that it was a T2W prob!

Took all the ma's +trend line off chart 4 ya...like to keep ya happy

Does that mean u still think the Ftse will fall to the 320 area?

 

[Finirama]

Thanks again,

Being only 30 odd points away i would like to say yes, but low volume suggests we might not....was tempted at taking a long at 51, but still feel that US still has a couple of points left on the downside.

 

[leeshindig]

just a daily chart i posted on advfn....

seems to be a channel forming on daily.

 

[Fluke]

Fluke,

How do you find Fibs as indicators for reliability?

I use fibs as support and resistance and also use it for retracements, have found the ftse retraces 0.786 or near this on a lot of occasions.
I am talking about days or even weeks,as you know I don't day trade,but trade over several day's.
lol.