Ftse100

what the hell is the FTSE100 doing its driving me nuts

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

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.

got whipsawed to hell today ...cant believe i made a profit

imo there was only one trade to make - long at about 820am and hold till market close.

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.

if you see weekly chart then you will note that FTSE is making correction. so i beleive that you should trade weekly basis then you will be benefited from FTSE.