short 4299
The FTSE has been in backwardation (future<cash) for some time now, it's a lot to do with dividend pay-outs and so on. You can arbitrage it with a FTSE ETF or some other product but a lot of people do it so you'd need to be fast and sharp!
And in case you didn't know, the contract goes from Z M9-EEI to Z U9-EEI today so don't trade the M contract!
so we got the initial fall as forecasted
now we are holding 4270 level really well!!
Long on Rio at the close, It has taken enough of battering.
Open at 2060, SL at 2030
Target 2120
Morning all,
Just an update: I close Rio at 2085. Target did not hit. got a bit panicky..
Anyway profit is a profit. + 25
Happy Trading.
Long on Rio at the close, It has taken enough of battering.
Open at 2060, SL at 2030
Target 2120
Morning all,
Just an update: I close Rio at 2085. Target did not hit. got a bit panicky..
Anyway profit is a profit. + 25
Happy Trading.
The FTSE is a bit up and down with rollover, anyone looking fr a nice trade, I'm long bund from 119, should be good for the next hour (I hope!)
BTW to post a picture, can you do it from your hard drive or does it have to have a url?
could i just forward an almost pointless motion to the 'WS thread committee' that we all get avatars:?:
avatars? of oneself?
no problem re chart
Hi ws.
I know you have an IG account and CMC. Do you chart on IG and trade on CMC?
BTW - I joined ITMS premium service today - thanks for the pointers.
Have a good day.
Cricket this weekend sir?
Good Morning ............what a game last night, Pakistan beat South Africa!!
market will fall initially and then I will look to go long
market has built a support around the 4250 level and we will be trading back above 4300 today
Reason :
1. oil holding steady and remains above $70
2. currencies stable - Euro holding 1.385 and GBp holding 1.625 level
3. VIX is showing weaknes and prducing lower highs & lower lows
4. Nasdaq which is the market leader so S&P is holding 1450-1440 support level really well
5. UK stocks seem to be stabilising and holding suppprt levels .....look at barclays and Legal and genereal for example!!
Chart below is 1 hr month.................downtrend line was broken yesterday!!
I believe we will test the support and then trade back up above 4300
avatars? of oneself?
no problem re chart
well not necessarily of oneself mr.kaisen (ulness you're a brad pitt/angelina jolie type 😛)
but just an avatar of anything you're into i think shows a little of where the person is coming from...helps to pin a picture to a name tag too (just a thought to aid community spirit 😀)
I think it would be great if we all got avatars, db. Forward the motion, I will second.
ps. kept meaning to say but never did, that I'm a big fan of Bukowski, studied him at uni. what a life and a man. went through google to remind myself of his opinions, they just don't make poets like that anymore- Charles Bukowski, American Author ~ 1920 - 1994