Recent content by daylight

How come on last friday FTSE made a multi year high and now broken the first two support lines ? I think most of it is the december retail sales report. Fundamentals are weak but who cares, trade what you see, not what you think. Today and tomorrow i am expecting an impressive rally also...

I think we have a tug of war situation, we failed to hit the 4830 retracement in the going up, and now we are falling because of that, people believe we're going to test 4600 again. on the other hand as barjon said, a bullish view that ftse didn't fall to the retracement line. I like situations...

Surprise Surprise... i'm not on the bulls side anymore so dow won't make it to 10800 this year.

we have seen a hollow rise to 4740. a heavy volume fall immediately followed. not a clear signal for the long term traders so i guess there could be a retest of 4700 and if we get a strong bounce it could breakout of the downtrend channel towards 4800. Both long and short positions must not be...

probably i sounded like i had a long term short, but thats not true. at this time taking a long term position is quite a bad idea. we are in a consolidation and day trading with heavy long and short positions is safe and profitable. if dow looks shakey i might go short with a target of...

That news is not new !

FTSE closes up friday although bears worked quite hard. failure to reach 4670 concludes 5 day target 4740. tough match with bears in this region. high volume rise to 4740 would open door for a quick run to 4830.

perfect head and shoulders, if neckline does not break then target 10550 and i don't think it will break, if somehow broken target at least 10300 and there will be more for christmas

thanks for the big welcome. i am not bearish at all and waiting to get a clear signal. good luck with your trades !

bad start to the week. if the 4720 trend line is broken potential target could be 4675 by friday.