DaddyJohn
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DaddyJohn
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what made you choose 87 DC? was it just becasue it was the low of the range and a key price yesterday? it also coincided with ES 1239 which has been significant recently
dc2000
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lows of today if it broke 505 then a third low was on the cards around the lows of the day
The third low should gives a signal to a break of that low next session rather than producing a much higher target
so tomorrow or later tonight I will be looking for a short at or just above todays high or to go long in the 5442 region the later being the preferance
dc2000
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cheers fletchie
Mornington Crescent
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If its too good to be true then it is
£5000 account opening
there is also this
Open a WorldSpreads account with a mimimum deposit of £500 and,
if you are not in profit after 8 weeks, we’ll give you up to £300 cashback against
realised losses.
Mornington Crescent
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Worldspreads
Stopped reading when I found this
1.11 We may hold client money on your behalf outside the EEA. The legal and regulatory regime applying to any such bank or person will be different from
that of the United Kingdom and in the event of insolvency or any other analogous proceedings in relation to that bank or person, your money may be
treated differently from the treatment that would apply if the money was held with a bank in an account in the United Kingdom. We will not be liable for
the insolvency, acts or omissions of any third party referred to in this sub-clause.
Stopped reading when I found this
1.11 We may hold client money on your behalf outside the EEA. The legal and regulatory regime applying to any such bank or person will be different from
that of the United Kingdom and in the event of insolvency or any other analogous proceedings in relation to that bank or person, your money may be
treated differently from the treatment that would apply if the money was held with a bank in an account in the United Kingdom. We will not be liable for
the insolvency, acts or omissions of any third party referred to in this sub-clause.
John - WorldSpreads do this as a loss leader in the hope that they will get business from you elsewhere. They apparently have a client who scalps with them whose average trade time is 12 seconds. I tried their demo and found it difficult to move limit orders close to the price so I wasn't impressed but mostly because of their platform and ease of putting in orders.
And bearing in mind what Mornington just posted I would be a little worried about the fine print, although I would imagine most spreadbetters have similar clauses.
Chalky_trader
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Good luck Daddy John
would be nice to see the opening gap on the FTSE cash close for sure
Am short also and will scale in if 5570breaks to the downside
dc2000
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a much better and rounded entry than mine I was supposed to be out the door but got sidetracked reading the WS thread
The ES just put in a nice 161.8% extension. Watching for a bounce off 1251 on the way down, which is 38% retracement. The FTSE made it to just shy of 150%. Watching 5557.5 and 5551 for a bounce on the way down. This mornings rally looked technical to me and not based on any news.
