Message For Ftse Traders......

Caution alert...............200 MA given utmost respect!!

be careful with any shorts..........

long FTSE 3582...stop loss 3552 ...target 3620 and above

long barclays 78.5...stop loss 73!! target 85

long Rio tinto 1746...stop loss 1710!! target 1800

happy trading guys

paper trade FTSe hit stop loss.......that was some crazy unexpected move!!

I am using ETX capital, they are pretty good for DEMo accounts!!
 
You mean you haven't hit them for a few hundred quid to play with LOL!

haha............no my friend!!

I have said to my self I will not trade in order to discipline my self.....

but I keep failing each time(S&P long)....

must go back to wax on, wax off
 
I think today might be another sell off day..
So I expect the ftse to retrace to about half its recent fall to ~3570 then resume the fall.
Of course Im not sure what effect the interest rate news will have... so Im not live trading.
 
have a good day day today. closed my short positions. best day of week so far for me.
i had a poor one yesterday.
now am going to stop making any more trades, as too often ive given back my profits as i have a tendency to overtrade..
g luck to all.
my own opinion is that overall for the medium term it is a bear, get your claws out
 
haha............no my friend!!

I have said to my self I will not trade in order to discipline my self.....

but I keep failing each time(S&P long)....

must go back to wax on, wax off

I'm just going to throw this out here - one of the things I'm looking at is a potential bear flag break down on the S&P. If it works out, the measured move is to the 6350 area. While we could be just expanding the channel the possibility of a breakdown is something we need to bear in mind.
 
I'm the only bull today on this forum................

lets see who wins now that i have used my own money.....hehee!!

Money trades just to show you I believe in my analysis

barclays long 75.6 stop loss 70 ..........target 83!!

long Rio tinto 1729..stop loss 1700 ...target 1800

long FTSE 3555...stop loss 3525!! target 3600- 3620

OK let the mini bull market begin..........

wave 4 correction still in place
 
I'm just going to throw this out here - one of the things I'm looking at is a potential bear flag break down on the S&P. If it works out, the measured move is to the 6350 area. While we could be just expanding the channel the possibility of a breakdown is something we need to bear in mind.

s&p still looks like its in a downward channel over the last month. At the moment it looks lke the Dow is holding this up.... Im confused today - nothing obvious for me here, but will err as a bear.
 
Had a pending order executed I had totally forgetten about.
Long at 3600 ran at 8 in the morning.
so when checked the market was down 800 quid !.
very annoying.

will have to see how the day goes.
 
Had a pending order executed I had totally forgetten about.
Long at 3600 ran at 8 in the morning.
so when checked the market was down 800 quid !.
very annoying.

will have to see how the day goes.

OW! sorry to hear that buddy!

Well I'm short the S&P on the back of the short and medium term trend.
 
Had a pending order executed I had totally forgetten about.
Long at 3600 ran at 8 in the morning.
so when checked the market was down 800 quid !.
very annoying.

will have to see how the day goes.

that has happened to me too................I hate it!

you have to be very careful......

but don't worry my analysis is pointing to a rally above 3600!!

i hope that is consoling!!

but please do your own analysis
 
FTSE chart

3560 number is very important........if it gets taken out then we go north in force!!
 

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Hello all, just got back and see I have an activated order - long at 3540

If this goes breasts up, you all have permission to scream at me for trying to pick a bottom!

At least it seems (as predicted) that the 50 basis point cut was already priced in...
 
added another long S&P 694..........stop loss 690!!

I think that makes it 3 contracts long in total @ an average of 695-696........

stop loss 689..........

let the games begin!!!

already in profit on RIo tinto
 
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Hello all, just got back and see I have an activated order - long at 3540

If this goes breasts up, you all have permission to scream at me for trying to pick a bottom!

At least it seems (as predicted) that the 50 basis point cut was already priced in...

you shall prosper my friend............3600 here we come!!
 
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