Recent content by hughar

Closed for +6 - the market expanded more than i thought before the contraction.

Short FTSE 4485 Stop 4505 tgt: 12pts Reason: As US opens, market usually drops a bit, plus 4480 should hold for the day and 4500 definitely should. Will open long on FTSE when it hits 4460.

You can turn on Rollovers on IG which means your bet will last forever but they take about .5 of a point every time the contract ends (every week night).

Thanks very much Suj and Traceyjc. One final question, what motivations does oil have in a end of quarter scenario?

Can someone offer any opinion on what will happen monday tuesday next week with it being the end of the 2nd quarter? Will the market bounce upwards like it does at the end of most significant time frames with people getting rid of contract shorts and profit taking on shorts in a negative period?

Why do you think the market is going to crash Rez?

Where can you get live results??

How come the 30 yr bonds thing is not on the calendar? What time is it being released?

Yeah thanks all for all your help. It has helped me as a newbie trader considerably. Today will be a bit of a stalemate until the 30yr bonds are released correct?

Ahh well looks like it would have been a good idea! If only I'd just done it!

Would any of you consider buying Rio as it is in an uptrend and got severly battered today, it should pull back in the last hour of trading shouldn't it? I am a real newbie so any help on why this would work/not work would be great!

Ok. Thanks all for your advice... will definitely be cautious but I for one believe the worst is over!

I have rollovers set on on IG and I was wondering if I could set a trade now without a stop that would continue for the rest of the year or would they find some way to end the trade? Also does anyone think the FTSE will end up below 4000 at the end of this year? Thanks