Ftse100

This is a discussion on Ftse100 within the General Trading Chat forums, part of the T2W Archive category; what the hell is the FTSE100 doing its driving me nuts...

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Old Oct 20, 2008, 2:35pm   #1
 
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Ftse100

what the hell is the FTSE100 doing its driving me nuts
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Old Oct 20, 2008, 2:53pm   #2
 
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The same as its doing for every single trader on the planet, some win and most lose.

It's simply moving up and down.

Try taking a breather.
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Old Oct 20, 2008, 3:52pm   #3
 
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Quote:
Originally Posted by Lee Shepherd View Post
The same as its doing for every single trader on the planet, some win and most lose.

It's simply moving up and down.

Try taking a breather.
its going up .....why didnt you tell me it was gona do that
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Old Oct 20, 2008, 5:39pm   #4
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I saw there was a possibility of a short trade to catch the fall from Friday's close. And I did catch some of it but then the SB quotes reversed overnight and stopped me out for only a small gain: but that's the point - stops. Where you get in is important, but where you get out is crucial.
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Old Oct 20, 2008, 7:54pm   #5
 
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price777999 started this thread got whipsawed to hell today ...cant believe i made a profit
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Old Oct 20, 2008, 11:56pm   #6
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imo there was only one trade to make - long at about 820am and hold till market close.
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Old Oct 21, 2008, 8:09am   #7
Joined Feb 2002
Not for me chocolate - I don't normally daytrade so stayed flat yesterday during market hours.

However, by evening, with Dow still trading in narrow range I put in orders to buy and sell outside the range, translating this to the FTSE SB chart - a breakout in these volatile times one way or the other was highly probable - the buy was soon triggered and I made an easy 58pts net while there was some crap telly on.
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