Do you think its low volume causing it to trend up like it is? next ttarget 4160/4170
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Do you think its low volume causing it to trend up like it is? next ttarget 4160/4170
Yes it is a break out, but for some reason I have no conviction either way, Im still neutral.
EOD Futs , see the tails of prior 2 sessions , breaking fridays tail now , thats a bullish sign
No long position from me , lower TF's alittle confusing at mo.
EDIT :: EOD Futs also Outside day reversal (don't use myself) and Opps patern this morning.
Fair few bullish signs there.
No long position from me , lower TF's alittle confusing at mo.
EDIT :: EOD Futs also Outside day reversal (don't use myself) and Opps patern this morning.
Fair few bullish signs there.
shell shock ??? all gone quiet
I'm in a trade short @ 4182, so I'm sitting here sweating and twitching nervously, don't know about everybody else
I really hope this is not going to be one of those lessons where I realise I should have traded with the trend after buying @ 4100 this morning - the trend has never been down, but I see these levels 4180+ as overextended.
kaisen
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shell shock ??? all gone quiet
Hey Masnachu, give me some input would you? I took two great positions (in hindsight) shorted Fresnillo and then closed just about BE before it plummetted over 20pnts! Then went long on XTA and closed for just under BE before it rallied 20pnts!
Cant make head nor tail at the minute. Asia down, no great news anywhere and yet FTSE and DAX fell down then rallied.
My indicators are all over the place.
The only thing i may have overlooked is oil going up and BP, Shell and alike catching a rally. And we know the weighting of the FTSE on oil stocks.
Some of your viewpoint Mr Wise?
SuddenDeath
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anyone buy into the theory that Goldman earnings report will be bullish catalyst for markets
wallstreet1928
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Ok profit taken off table with that impressive upward thrust...breakouts on bp,barclays,aal...etc...
Now i am organising my shorts...Nasdaq is my only worry and now that it has come into resistance at 1430 it will be safe for me to open short positions
Especially on lgen 52.1 ..stop loss 55
Death in June
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Don't worry you are not alone... I shorted at 4179I'm in a trade short @ 4182, so I'm sitting here sweating and twitching nervously, don't know about everybody else
I really hope this is not going to be one of those lessons where I realise I should have traded with the trend after buying @ 4100 this morning - the trend has never been down, but I see these levels 4180+ as overextended.
I set my stop above resistance at 4215... I see oil is selling off so I hope this will bring the FTSE down too.I will just sit tight for the moment
DiJ
Geofract
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I'm in a trade short @ 4182, so I'm sitting here sweating and twitching nervously, don't know about everybody else
I really hope this is not going to be one of those lessons where I realise I should have traded with the trend after buying @ 4100 this morning - the trend has never been down, but I see these levels 4180+ as overextended.
Euro has sold off, I would see that as good sign for your position, in the short term at least.
Anything Goldmans scares me. When is it?
Oh there's no way I was going to short that rally, while agree with sell strength argument, that rally caught me napping, so until I figure oput WTF I'm sidelined.
During that FTSE rally EurUsd was flat then broke down , GnpUsd Rallied , so assume what ever sent the FTSE up was more UK specific ? just guessing
During that FTSE rally EurUsd was flat then broke down , GnpUsd Rallied , so assume what ever sent the FTSE up was more UK specific ? just guessing
SuddenDeath
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not sure when it is, but its gonna be big....
wonder why they are talking up its importance. perhaps to distract the "MOB" from something happening somewhere else.
wonder why they are talking up its importance. perhaps to distract the "MOB" from something happening somewhere else.
Regards Goldman..
Market is expecting good results (all tha gov money) from the US banks , so I would think its already priced in. Another thing to remember is P&L statements are backwards looking i.e. last Quater etc , more important to look at their balance sheets since that is forward looking.
There could still be a few nasties lurking on those balance sheets. Not really my area though so only barest of grasps on the situation. Must say I wouldn't be too happy about going long , not until the market proves itself.
Market is expecting good results (all tha gov money) from the US banks , so I would think its already priced in. Another thing to remember is P&L statements are backwards looking i.e. last Quater etc , more important to look at their balance sheets since that is forward looking.
There could still be a few nasties lurking on those balance sheets. Not really my area though so only barest of grasps on the situation. Must say I wouldn't be too happy about going long , not until the market proves itself.
I'm in a trade short @ 4182, so I'm sitting here sweating and twitching nervously, don't know about everybody else
I really hope this is not going to be one of those lessons where I realise I should have traded with the trend after buying @ 4100 this morning - the trend has never been down, but I see these levels 4180+ as overextended.
I went short at 4151 so imagine me right now. Is there a chance of it slipping back down today
well im short from 4182.
feeling uncomfortable now. will see for a bit longer..
We're ok, Hairyman.
Its my initial target I'm not so sure about.
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