Recent content by litetrader

As they say Here! Here! Just wanted to be counted in support of WS. Keep up the great work.

Let us not forget that this is a Friday. The 10.2% is bigger than expected and I think the market will continue to be bearaish so I am favouring staying short and scalping very small pips on the long.

Dentist - Thanks for the clarification - got it.

Hi Dentist. Although the FTSE has been bearish this morning, particularly after the UK Industrial output report being positive, I agree that there is still strong resistance and a bearish outlook. The noon BofE report on the int rates and US unemployment repost will provde further direction.

Thanks for this - saved me looking around the different sites for the exact UK times -:)

Therer is such a device - its called the 'magic carpet' - he he!:)

My take is that the trend is broken and that there is a bullish position in the short term/intrday trading driven mainly by economic news.

Posted this earlier today - good to see the analysis work - FTSE now well above prev high.

Some positive news in the UK housing sector: The price of a new homes has started to climb, according to house builders Redrow (LSE: RDW.L - news) and Taylor Wimpey (LSE: TW.L - news) who also reported stabilising sales, bolstering the sector and signs of growing consumer confidence. Redrow...

Thanks. Was bullish but not sure. Went long at 14751 but just closed out 14578 after some ups and downs for 5 pips.

Euro/$ down down down....what happened?

Thans WS. No worries. I am a new to trading and this thread really does help. I will pm you later.

WS how much do you charge? I might be interested.

Was worth the wait. Limit at 5080 triggered. +6pips. Small but satisfied to get it right.

Thanks WS. I see it now. I will hold for a while to see if it comes back up and breaks the resistance and also bring my limit down to 5080.