Message For Ftse Traders......

[Trader1UK]

Im looking for a short on snp too, bt trying to get a good entry if i can,, dont wana give anythng back... (I think i need to stop trading for today)

 

[vchohan]

Looking to short the FTSE but also looking for the correct entry point!

 

[wallstreet1928]

Im looking for a short on snp too, bt trying to get a good entry if i can,, dont wana give anythng back... (I think i need to stop trading for today)

shorted S&P 720 & 721

stop loss 740!!

i will be adding more as i go along

you can never pick the top e or bottom guys so always buy in increments..........

 

[Trader1UK]

im short at 719.9

 

[wallstreet1928]

you will not get a better short opportunity than this!!

 

[wallstreet1928]

im short at 719.9

722.....looks like it will will be the highest point!!

stop loss 725/726 if you are trading intraday is best!!

 

[Trader1UK]

Fingers crossed,, still holding..

 

[wallstreet1928]

Fingers crossed,, still holding..

you shouldn't be doing that?

fingers crossed, why?

execute your plan like i told you

entry
exit
stop loss

and walk away and let the computer do everything?

if you succeed, then good, if not then move on to next trade!!

 

[Trader1UK]

stops n target in... will check when i get back, need to run out for abit..

 

[zo786]

starting to drop a little now. so how do you guys pick exit points, if you dont mind me asking?

I appreciate all the information i get off here guys, really helpful. Maybe slowly i can make some of that 4k back!

 

[wallstreet1928]

Looking to short the FTSE but also looking for the correct entry point!

here is an idea?

you trade at your own risk.......

 

[vchohan]

here is an idea?

you trade at your own risk.......

Did take the trade was very patient

 

[wallstreet1928]

here is an idea?

you trade at your own risk.......

those that would have shorted there 3680!!

would have made a nice 20 points !!

oh well opportunity missed

just had a nice supper........mmmmmm!!

 

[wallstreet1928]

you will not get a better short opportunity than this!!

OH well...........


S&P position is already looking Good...........

did anyone else short?

 

[rjg7575]

So WS, please forgive my ignorance, I'm still pretty new to this, but how did you know S&P would go down from 720-725? I couldn't see a resistance at this level?

 

[wallstreet1928]

easy formula for me today......................................and you can all follow if yo want!!

S&P > 700 market sustains rise and we may get a little rally

S&P < 700 all hell break loose and we test 680 and below taking all indices with it

OK guys.........

I think this post Asia stimulus Euphoria is over now........

back to normal day job.........

short, short ,short........haha!!

Goodnight all!!

just t clarify i did not trade at all today except for S&P shorts in last minutes of which I have already hit my daily target as I BOUGHT MORE @ 723 & 725!!!

ANYWAY......I only stayed on forum to help newbies and post charts to help them!!

I had a nice phone call today from a Newbie and it felt good helping him....

help others and you too shall be helped.......!!

 

[zo786]

I also owe WS a thanks. Im a newbie, and you always offer genuine, unselfish advice, to truely help others. I shorted S&P at 722, only by a small amount. £110 up atm! Thanks mate

 

[fast trader7]

I too shorted S&P at 119 but came out too early.Now kicking myself.Closed at 116.
Thanks for the information Wallstreet.
I am done for the day and it was a good day

 

[fast trader7]

I also owe WS a thanks. Im a newbie, and you always offer genuine, unselfish advice, to truely help others. I shorted S&P at 722, only by a small amount. £110 up atm! Thanks mate

well done mate

 

[RennieAMR]

OH well...........


S&P position is already looking Good...........

did anyone else short?

7186. I was snarfing some battered cod and chips at the time

My stop will be a bit above the 5DMA. 7079 was the close on ES! I can't wait to see the SPY volume on that sell-off. Maybe I should get stockcharts again.

Have a good evening everyone.