Message For Ftse Traders......

its been one of those slow days so far hard to really tell which way its going to go. I''M now waiting to see if the US can put some momentum on it.

although I have made my daily target I would like to push on a bit.

but for what to is worth my opinion for now is an uptrend, a pull back from the recent high and then resume up again but that opinion can change. ( very quickly sometimes)

You are, probably, right. But, I would have to leave a stop on, now, and am rarely fortunate when I'm away. I'm, pretty much, a hands on trader.

Besides. this could be a pullback, right now, on the down side. Be just my luck to go long on short situation :cry:

Split
 
MLR not heard of that one????????

please elaborate.

sorry for delay in replying.

MLR = moving linear regression also known as "end point moving average"

it has long write up, prob best if you guys google it.

or i can PM more over to anyone who wants.
 
good morning and good afternoon all.....

I believe that this market will be going northwards and retest 3900-3950 in the next week and days

I am currently long @ 3635 ...stop loss 3605

I thought I would pop in and say hello to you all even though I have set up my own thread now!!

I wish everybody success in their trading today

take care

looks like we are getting there

I am now going to start setting short positions on S&P @

730 , 735 , 740 , 745 if we get that far that is
 
set just below Fib R1 3,745.26 from

http://www.livecharts.co.uk/pivot_points/pivot_points.php?symbol=^FTSE
 
set just below Fib R1 3,745.26 from

http://www.livecharts.co.uk/pivot_points/pivot_points.php?symbol=^FTSE

sorry my fault, i had chart too small, i see it now res1, pvt was @ 3696 took a while to get through and has tested on down side again, lets see. (y)
 
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