Message For Ftse Traders......

[minime69]

but if you wanted to do as you mentioned then i might be able to accommodate in central London

Hi M8, Im in Central London on business often, I stay at Thistle city barbican or Tower Thistle. Will meet up with you for a chat/food and drinks when im down next if you like ?

yes would be great, i remember talking to you and you said that you came down occasionally, let me know when.

 

[TomTom]

Is that to say his was, or they are in general. I'm of the mind that they all are in general - and that's without even going to one, but I thought Mr Charts might be an exception, no?

Indeed most courses have to have substance, and I must agree all courses if your a seasoned trader can be boring.
MAs, candells ect what a nightmare !
As for what I are planning dose involve charts but it is a million miles away from a mrs charts course.
Believe it or not we all need to be reminded of the most basic things we allready know but have forgot to inpliment to a daily routine.

As for going to seminars and courses I hate it, however if I want to stay on top of this game it is a necesity, adapt or die.......

 

[TomTom]

will do minime M8

 

[tennisball]

Social meet up open to everyone? Sounds like a good idea.

I'm in London area too.

hmmmm - that's possible

 

[Bloodhound]

Perfectly clear Wallstreet!!! I must apologise as I am currently short on the FTSE - entered at 4034 and looking at 4010 as a target. The methodology is pretty simple - we have an initial balance, price has bounced off this i.e. there is no appetite above 4040 (as yet), so traders will be looking to trade prices within this range for a while, until other frame traders come in and look to test price extremes outside of the IB.

KJ

Have just closed this at 4008 for 26 points. I'm now looking for a break of 4000 to go short (probably at around 3990) or a bounce off 4000 in which case I'll go long.

 

[vchohan]

I'm still in from my short at 4023.5 stop loss now at 4009.8.

Looking for it to break the 4000 mark otherwise let it stop it out for a 13.7point profit.

Viks

 

[wallstreet1928]

Perfectly clear Wallstreet!!! I must apologise as I am currently short on the FTSE - entered at 4034 and looking at 4010 as a target. The methodology is pretty simple - we have an initial balance, price has bounced off this i.e. there is no appetite above 4040 (as yet), so traders will be looking to trade prices within this range for a while, until other frame traders come in and look to test price extremes outside of the IB.

KJ

interesting , very interesting..........especially when market below 4000 level now!!

tenant has moved in with his chiwawa and is happy so no more stress now .......

 

[Bloodhound]

Am now short @ 3987 with a stop at 4005 and a target of 3970

KJ

 

[wallstreet1928]

what is really strange to me is that the FTSE is bouncing like crazy and falling while the DOW/S&P are stable.......

so much for the theory that US is the leader...........but maybe people position before unemployment numbers guys!!

dont we have options expiry or something going on this week?

 

[minime69]

Am now short @ 3987 with a stop at 4005 and a target of 3970

KJ

dont forget if we can break 3960/55 then same as yesterday should go down to 3916ish. but 3960/55 is short term support.

 

[RennieAMR]

Check the news. Latest news, sport, business, comment and reviews from the Guardian | guardian.co.uk

 

[minime69]

Check the news. Latest news, sport, business, comment and reviews from the Guardian | guardian.co.uk

i know Duffy is hot.

 

[vchohan]

Lol @ minime

Just been stopped out took 24points profit. Looking to take another short at 3990 to go to 3970

Viks

 

[RennieAMR]

You scalpers are too quick. Check out the story on the left. ONS reckons the bank bailout will add £1.5T to national debt.

 

[Bloodhound]

dont forget if we can break 3960/55 then same as yesterday should go down to 3916ish. but 3960/55 is short term support.

I agree - I'm showing support at around 3968. How do you calculate 3916. Is that via a fib level?

 

[vchohan]

I'm showing support level at 3982 and another at 3969 as well.

Viks

 

[vchohan]

Anyone get stopped out on that spike?

 

[minime69]

I agree - I'm showing support at around 3968. How do you calculate 3916. Is that via a fib level?

i actualy have support @ 3920 myslef, but a tech sheet i get has had 3916 on it for a few days now, it seems to be the low from the jan bounce.

 

[wallstreet1928]

I still favour the long side on this one guys..........there is too much support around there!! as I stated iearlier in the morning I base it solely on the Dow & S&P being oversold..........! I think the US markets will push it higher!! 4065 still a target on FTSE??

I personally think any short position is a bit too brave......Banks and mining stocks looking good today, look at barclays @ 100p

 

[wallstreet1928]

DAX is much stronger.........

I would prefer to go long on that instead....................better relationship with DOW/S&P/nasdaq!!

crossed 20,50,200 EMA..............nice buy!! stop loss 4190

target 4245 and above