Message For Ftse Traders......

[zo786]

cheers, also took advice to sell more as the trade was going my way, and having tight stops to lock in profits, going well, p/l is getting better!

 

[wallstreet1928]

So WS, please forgive my ignorance, I'm still pretty new to this, but how did you know S&P would go down from 720-725? I couldn't see a resistance at this level?

I really must dash..........but because you are new i will help you!!

OK, I will come out with it, my spiritual master has given me the ability to see the future!! just kidding guys........
I haven't reached that spiritual level yet........haha!!

this is my spiritual master for those of you that are interested.....
Nazim al-Qubrusi - Wikipedia, the free encyclopedia



It is called technical analysis my friend.......I have adopted my own system with trend line analysis.......you won't learn this in books, you have to devise your own plan and methodology!!

I am thinking of organising a class or something along the line, I was asked very kindly by Sir William to teach my methodology alongside his course. I initially said no to him due to the commercialisation aspect of it but I am currently thinking about it after my father told me to do it. The only thing holding me back is that I don't want everyone on this forum to be thinking I have been posting on here to suck you all in.......

So it is not something I like to do, as there are too many people out there playing with peoples minds and taking there money for nothing in return.

I just help people because I like to and my spiritual master always tells me to help the people....!!

 

[zo786]

just closed my bets, made 158.50 in total. I o u a cut when im in the black WS!

 

[wallstreet1928]

I also owe WS a thanks. Im a newbie, and you always offer genuine, unselfish advice, to truely help others. I shorted S&P at 722, only by a small amount. £110 up atm! Thanks mate

your welcome my friend...........

I don't like praise my friend, as in my tradition if somebody attempts to praise you then you must ignore it as it feeds the EGO!!

it was you who carried out and executed the trade, and it is you who must receive credit for it

So well done to you my friend.....

I am grateful that you are grateful........

 

[wallstreet1928]

just closed my bets, made 158.50 in total. I o u a cut when im in the black WS!

haha........I am glad you are finally seeing profit!!

you owe me nothing, just your friendship is enough for me

 

[rjg7575]

Thanks for the reply WS. Also, thanks for the tip. I shorted at 719 and got out at 710. I've now gone long at 709, basing my trade on a supporting trend line from the 10 minute chart.

 

[Geofract]

I am thinking of organising a class or something along the line, I was asked very kindly by Sir William to teach my methodology alongside his course. I initially said no to him due to the commercialisation aspect of it but I am currently thinking about it after my father told me to do it. The only thing holding me back is that I don't want everyone on this forum to be thinking I have been posting on here to suck you all in.......

Definitely do some teaching WS, I'm sure you'd really enjoy it.

I have sometimes wondered if you have second sight though

Thanks for the call on the FTSE earlier!

Cheers, Ollie

 

[hairyman]

your welcome my friend...........

I don't like praise my friend, as in my tradition if somebody attempts to praise you then you must ignore it as it feeds the EGO!!

it was you who carried out and executed the trade, and it is you who must receive credit for it

So well done to you my friend.....

I am grateful that you are grateful........

well done WS you have helped the above , find his way after losing is direction not to mention money, im sure he is grateful to u..
i think you are to be commended sir!!

 

[Trader1UK]

Closed my snp short for a nice healthy profit!!... THANKS WS!! Your tha man...!!

Seeya all tmrw

 

[wallstreet1928]

OK guys.........

I think this post Asia stimulus Euphoria is over now........

back to normal day job.........

short, short ,short........haha!!

Goodnight all!!

just t clarify i did not trade at all today except for S&P shorts in last minutes of which I have already hit my daily target as I BOUGHT MORE @ 723 & 725!!!

ANYWAY......I only stayed on forum to help newbies and post charts to help them!!

I had a nice phone call today from a Newbie and it felt good helping him....

help others and you too shall be helped.......!!

good morning my friends, and thank you once again for all the nice comments

I have closed my 4 contracts short on S&P this morning @ 704! average of 20 points profit

I did this because the 700 figure is important once again.......I will need to see that get cracked before I open up another short!!

Sir William states that we are in the 4th Wave of the Elliot wave theory and we could get some more upside....

I will dive back in when there is another opportunity!!

 

[wallstreet1928]

Hello and good afternoon everyone,

for the little it my be worth, I think we now (at last!) have begun wave 4 of FIVE, see chart. I have only drawn a stylised form, the level and duration are not accurate. But I think that the form of the wave may well not be a straightforward abc (as in wave 2) because of Elliott's rule of alternation. It may well be a zigzag, or a flat, for example. However, the move could well choppy. Sensible targets for a wave 4 top are difficult to calculate, but in any case can not exceed 3956, which was the bottom of wave 1.

Good luck,

WR

Sir Williams analysis on 4th Elliot wave

 

[minime69]

morning all.

day off yesterday hope every one had a choc guzel day.

 

[Jock Strap]

morning all!

 

[fast trader7]

Good morning
UK bank Rate announcement at 12
EU bank rate at 12:45
US unemployment figures at 1:30
Happy Trading guys

 

[S_D]

Morning all. Made a couple of bad decisions recently so took yesterday 'off' and stepped back to re-evaluate. Looking at the Dax again this morning as I think my cat can trade the FTSE better than me at the mo.

 

[minime69]

Morning all. Made a couple of bad decisions recently so took yesterday 'off' and stepped back to re-evaluate. Looking at the Dax again this morning as I think my cat can trade the FTSE better than me at the mo.

ask your cat what its thinks the FTSE is going to do today?

 

[Bloodhound]

Morning all. Made a couple of bad decisions recently so took yesterday 'off' and stepped back to re-evaluate. Looking at the Dax again this morning as I think my cat can trade the FTSE better than me at the mo.

Good morning everyone!

S_D the Dax on 4 hour is looking quite interesting at the moment?

 

[jacobgibbs]

Morning all,

My first post, but does anyone else think a short at 3618.8 on FTSE is a good idea?
With both BOE and ECB expected to lower interest rates, I imagine it's going to drop.

But what do I know?

 

[S_D]

ask your cat what its thinks the FTSE is going to do today?

Sounds like a plan, but I'm in the office and the cat's at home and she's not answering the phone.

Rob, not sure I see your take on the 4h Dax. All I can see is that it's current sitting on the pivot and 50MA which could provide some support, but after yesterday's rally I'd have thought it was a little over-bought. What's your view?

 

[minime69]

sold @ 3586 as could not break above 3610

stop @ 3598

tgt @ ?