Message For Ftse Traders......

[KillPhil08]

im shorting the round number until it breaks, got five off it first time. i want one more retracemnt to sell

 

[keithh]

not too sure on direction at the mo, will buy again if we break above 3700 and stop @ 3683

I agree Im thinking it wont go up much so quick edit may be in prder and wait for a better position

 

[keithh]

abandoned @ break even, dont' like how its taking so long to move,

 

[minime69]

I agree Im thinking it wont go up much so quick edit may be in prder and wait for a better position

just aquick note, i am only trading this as i think it will break out one way or the other soon, and keep buying and selling in order to catch the move.

 

[keithh]

im shorting the round number until it breaks, got five off it first time. i want one more retracemnt to sell

looks like Ur spot on for a short go grab some +pts

 

[minime69]

O dear, reversed again, gone short @ 3689

 

[KillPhil08]

finally a move, was stuck in a 4 pip range. up 10 from taht.

 

[KillPhil08]

i was shorting the cash from 3756 earlier this morning, cut it after 15 points. really wish i held it...

I cant wait for 930pm today, what do you guys think?

cheers keith

 

[minime69]

i think if futures can break through 3680 to 3660 we go lower....3600ish

 

[minime69]

sold again @ 3682.5, hopefully we get the break lower this time

 

[minime69]

sold 1 more @ 3672

stop @ 3688

 

[KillPhil08]

i want to see 3650, depends on momentum imo though. trailing stoips tight.

if only i could rep you for every sell

 

[tennisball]

Morning Gents, I got battered yesterday - down a fiver ha ha! Still a strong bull run in a general down trend is usually going to upset things. Going to wait for the market to make it's mind up today before jumping in, then trade signals rather than jumping on a bandwagon.

 

[minime69]

i want to see 3650, depends on momentum imo though. trailing stoips tight.

if only i could rep you for every sell

rep = replicate?

sold 1 more @ 3666...last one

stop @ 3679 and trailing

 

[KillPhil08]

this market is heavily overbought after the downtrend breakout. Profit taking resumes. This is easy money. (large spike down - my stop is on 3668cash now incase this is the temporary bottom)

rep = respect point

 

[KillPhil08]

out

 

[keithh]

i was shorting the cash from 3756 earlier this morning, cut it after 15 points. really wish i held it...

I cant wait for 930pm today, what do you guys think?

cheers keith

Not sure on the news, to be honest I think it will near on target but no real idea,

finally went short 3690 exit @ 3670 for +20

 

[minime69]

this market is heavily overbought after the downtrend breakout. Profit taking resumes. This is easy money. (large spike down - my stop is on 3638cash now incase this is the temporary bottom)

rep = respect point

thanks Phil.

stop now @ 3673 should be lower but want to "let it breath" as an old american friend once told me.

 

[minime69]

stop @ 3671.5 and 3649.5 is PVT point, lets see if we can get through that firstly.

 

[tennisball]

this market is heavily overbought after the downtrend breakout. Profit taking resumes. This is easy money. (large spike down - my stop is on 3668cash now incase this is the temporary bottom)

rep = respect point

I tried to trade that before close last night - the idea was the market is overbought, people will unwind positions before close. It didn't come but guess that's what we're seeing it now. My strategy works better before weekends I suspect