FTSE100 Swing trades 2011

[Bristolguy]

Fail.

 

[Splitlink]

Me, too, if it is any consolation. Long is countertrend. We both should know better.

I tried this same thing on Friday and failed then, too. It is fatal to try to spot the tops and bottoms.

 

[Splitlink]

I'm trying one more long at 5952

 

[zuke]

Im long from 5957, SL 5927 TP1 5997; TP2 6057. The key to this of course is patience!

There is strong support at 5938 and despite the dissapointing NFP number on Friday, I expect the Dow to recover today and give the FTSE some traction (famous last words!)
Lets see how it goes....

 

[Bristolguy]

I did go long on Wall Street this morning still in at the moment. I wont be able to check my position till later tonight, hopefully it will recover my losses on the FTSE trade and break even for today, time will tell.

 

[Splitlink]

I made a few points on my last trade but not worth the trouble. Net loss on the morning 11 points.

 

[tomorton]

No firm swing signal today.

06/01 formed a pin bar, confirmed by the low close and weak session 07/01, leading me to go short at the close. Though today's close was lower again and breached the stop-loss on the 05/01 2C14X long, the session formed a doji, suggesting indecision about this sudden fall from the high of the 6th. The way buyers keep appearing in the US sessions suggests there's a lot of cash over there looking to buy on any dips, and the S&P closed tonight with a classic hammer. My short stays open but if I was in cash now I'd stay there.

 

[dr.blix]

Im long from 5957, SL 5927 TP1 5997; TP2 6057. The key to this of course is patience!

There is strong support at 5938 and despite the dissapointing NFP number on Friday, I expect the Dow to recover today and give the FTSE some traction (famous last words!)
Lets see how it goes....

that's a wonderful picture zuke, if you tilt your head to one side it almost looks like a chart :cheesy:

 

[zuke]

that's a wonderful picture zuke, if you tilt your head to one side it almost looks like a chart :cheesy:

ha ha!...ha but it works!! :clap:

 

[zuke]

Im long from 5957, SL 5927 TP1 5997; TP2 6057. The key to this of course is patience!

There is strong support at 5938 and despite the dissapointing NFP number on Friday, I expect the Dow to recover today and give the FTSE some traction (famous last words!)
Lets see how it goes....

Morning all..TP1 hit for +40, taken a third of my size off the table. Stop moved to 5977...will let this run now to revised target of 5047 or my 5977 stop.

 

[dr.blix]

n1 zuke, 6028 at the mo, so going well!

 

[tomorton]

High close tonight consolidates price above 14EMA and gives 2C14X buy signal. Also stops out short from 07/01 on previous day's pin bar.

 

[Bristolguy]

High close tonight consolidates price above 14EMA and gives 2C14X buy signal. Also stops out short from 07/01 on previous day's pin bar.

Ouch one would be in a little bother at this point using this method this morning, however not to say it will not recover.

 

[Bristolguy]

Bought 6010 sold 6033.

 

[tomorton]

Potential bullish pin bar pattern Friday, awaiting confirmation but the strong performances by all major US indices does suggest a likely follow-through tomorrow.