wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
you short barclay or long.........
I'm short 103.5 ...stop loss 106!! risky trade though........double top!!
you short barclay or long.........
I'm short 103.5 ...stop loss 106!! risky trade though........double top!!
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
I went Long on Friday at what I judged to be support (95). You want risk, try holding a Bank over the weekend in this climate!!
I took profits at the early high (104) and it looks good so far, so your short could be a good shout. Hope so, or I sold too soon!
What's your target?
Bloodhound
Senior member
- Messages
- 3,467
- Likes
- 1,320
Have just gone long on the FTSE at 3936 with a stop at 3926 and a target of 3960. Price has had a go at finding some interest below the Initial Balance but not getting many takers. Given that the longer frame guys aren't in yet this is basically a rangebound trade using IB as support and resistance.
Am currently flu-ridden so expect this one to go wrong..........
KJ
Am currently flu-ridden so expect this one to go wrong..........
KJ
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
Tentatively looks like FTSE's bounced off support at roughly the 3925 mark
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
I reckon (hope) that's a good call! Get the Lemsip down you, always makes the markets pick up!
jimmynoodles
Junior member
- Messages
- 15
- Likes
- 1
Do you think the S/R level at 3944 will be a factor?
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
We're about to find out!
Bloodhound
Senior member
- Messages
- 3,467
- Likes
- 1,320
Sorry if I'm being dense but how come S/R at 3944?
jimmynoodles
Junior member
- Messages
- 15
- Likes
- 1
True! - I'm long from 3932. Nice to meet you guys anyway.:cheesy:
Bloodhound
Senior member
- Messages
- 3,467
- Likes
- 1,320
If anything 4100 on the Dax might be more of an issue.....
jimmynoodles
Junior member
- Messages
- 15
- Likes
- 1
Just took +7 until price makes up its mind around this level!
20th feb at 9.15
20 feb 15.05
20 feb 7.50
I think that's why anyway.
I was long at 3932.
we've got almost the 3rd bar not wanting to breach 3945 on the 5min or do we?.....
Viks
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
I'm assuming we're talking Friday's figure. It does look like we have stalled in that 3940 range for the mo, but the trend still looks upward to me anyway.
Jock Strap
Active member
- Messages
- 182
- Likes
- 5
i'm long at 3931 and moved my stop to break even.
It's as good a line as anyone else's. It found resistance twice on the 20th
Last edited:
Bloodhound
Senior member
- Messages
- 3,467
- Likes
- 1,320
Aha - we're talking different timeframes!! I am forcing myself not to look at / trade below 1h. The Dax @ 4100 is the sticking point here IMO
wallstreet1928
Legendary member
- Messages
- 6,609
- Likes
- 89
sorry my friend ............ 100p take half profits as 5000 contracts and then next target 96!!
Bloodhound
Senior member
- Messages
- 3,467
- Likes
- 1,320
IMO the Dax leads the FTSE in the morning and, over the past few days, 4000 on the Dax has been the key figure. My view is that we are going to see the FTSE go a lot lower than it's recent lows but this won't happen until the Dax breaks through 4000. I'd be interested for some views from those more experienced??
Similar threads
- Locked
