Recent content by et.

Actually, I shouldn't have said 'up day tomorrow' as I was thinking of a retracement to 7350 and after that it can potentially be down all day. We might not get that retracement and it might just go down. The trading strategy I'm following works better within days and can break down after...

Okay thanks. 50 pence per point is the sane way to lose money learning to trade. It still hurts to lose so it's experience. Getting better but right now constantly mistaking end of Elliot wave 3 for the reverse. The spike up there I now understand was wave 5. BTW I consider tomorrow to be an...

Thank you for this, it shows the spike. And the link. Always wanted a volume chart.

Thanks - but how do you know these are futures prices on Google and Yahoo, not the real price? Yahoo logs the prices in an archive. Doesn't tell you they aren't the real price. You are given to believe that they are the actual price. My SB firm has a UK100 futures for September and December...

You contradict yourself in two sentences - are you saying SB firms use futures prices? Or that Google and Yahoo use futures prices? Where do Google and Yahoo say they use futures prices?

What does that mean? Google calls its data "INDEXFTSE real-time data" Intra-day data may be provided by Interactive Data Real-Time Services, Inc. INDEXFTSE FTSE Indexes Realtime Yahoo uses delayed price. Why use futures prices if your prices are delayed? Might as well use the real price.

That last chart is the one second time frame. Nobody trades at the one second time frame. Only a computer program can trade that fast. What the one second timeframe screen cap suggests is that this is real data rather than a sudden jump up. BUT! If it is real data then why did this not happen...

Maybe they get the data from the same company? There is a note in the bottom right of the trading screen which says 'indicative prices' but you would think by that they would mean being out by 0.1 - 1 point, not 10 points. Spike measures 14.8. What do you mean by the spread? The spread I...

Oh yes, I was shorting. Also notice the head and shoulders pattern.

What I meant was, why is there a wild divergence in the data between the chart that I was using and the FTSE data displayed by Google and Yahoo? On Google and Yahoo FTSE100 data there was no spike up to an extra high. On this chart that I was using there was.

Imagine you are trading £50 per point and got in at the perfect point end of wave 2 ... and then this happened. Fortunately I was trading only 50 pence per point. If I was trading serious money I would have been annoyed because the FTSE100 does not seem to have done the same move. Was my...

Good morning! Interesting, though I don't understand whether he is saying the market is going up or down.

I've wasted a raging bearish trend waiting for a bottom I now think is not going to happen until a lower price.... On the plus side I timed this 1 min 'bottom' perfectly and got 6 points. If I thought it was a bottom bottom I would have held but now I'm not sure whether it is a flag. Logging...

Morning is best time to trade. Then it picks up again after 14:30. Was here yesterday morning, missed rest of day when I had a signal. Missed this morning, here for most of rest of the day and realised thanks to jungern at last moment that my line is not what I thought it was. (Sorry -...

Thanks for the head's up jungerns. You forced me to look at the Dow and I noticed a possible alternative idea to my FTSE analysis. I should still be bearish to 5743. However, I think in that case c5772 should be another tradable area of support on the way down. Old New Or maybe they're both...