FTSE 100 intraday trading - JUNE 2003

[bonsai]

dunno
what's typical ?
daily trading ranges are fairly small - about 50pts
but we are in the process of absorbing a lot of selling
so not unpredictable ?

but small ranges make it difficult to make a lot of money.

 

[bonsai]

here is another I have shorted.
<img border=0 src="http://chart.neural.com/servlet/GIFChart?sym1=ls:boc&cbcku=FFFFFF&cbckl=EBF5FF&cbckd=cccc99&ctxtu=000000&ctxtd=000000&ctxtl=000000&csym1=000099&csym3=000000&cbckg=FFFFFF&cind7a=FF0033&cind7=009900&cind8=blu&cind9=6666CC&avg1=0&avg2=50&ind7=macd&periodMACDLow=60&periodMACDHigh=510&height=350&width=450&source=SP&multipane=1&watermark=splogoblue.gif&dres=tenm&dcnt=14&dperiod=days&plottype=range&ignore=12200379&coname=1&image=PNG">

 

[jonnyy40]

Your not Evil Knievel are you?

 

[bonsai]

how about this ?

<img border=0 src="http://chart.neural.com/servlet/GIFChart?sym1=ls:anl&cbcku=FFFFFF&cbckl=EBF5FF&cbckd=cccc99&ctxtu=000000&ctxtd=000000&ctxtl=000000&csym1=000099&csym3=000000&cbckg=FFFFFF&cind7a=FF0033&cind7=009900&cind8=blu&cind9=6666CC&avg1=0&avg2=50&ind7=macd&periodMACDLow=60&periodMACDHigh=510&height=350&width=450&source=SP&multipane=1&watermark=splogoblue.gif&dres=tenm&dcnt=14&dperiod=days&plottype=range&ignore=12200379&coname=1&image=PNG">

 

[jonnyy40]

Your just finding excuses to show off your chart craft!

 

[bonsai]

........................
well, if you insist !


edit
deleted

 

[JonnyT]

Wouldn't short ANL...

 

[bonsai]

I agree
too soon
just yet.

 

[bonsai]

thats it for another day
19pts if I remember so no complaints.
cya later

 

[bonsai]

dont know what everybody else made of today.
very much a wait and see day I think

 

[oatman]

I think the paint's dry :cheesy:

 

[Helenqu]

No it's still decidedly tacky

 

[bonsai]

morning
thought you might like to see this.
its end of day but a trend line is a trend line etc until it breaks ?
<img src="http://www.investtech.co.uk/subscr/uk/fig/ukx3.gif">

 

[Agincourt]

Hi Bonsai

Been watching your thread with great interest.

I spreadbet the FTSE - in a confused sort of way !

I think it would help (me) if I took a more active part from now on.

 

[jonnyy40]

bigger moves today?

 

[jonnyy40]

very quiet.

 

[bonsai]

agincourt, welcome

the more brains the better.

 

[bonsai]

at a bit of a loss to find anything to trade just yet.
have drawn a line under the action since about 2pm yesterday
and waiting to see if it breaks.

but ftse could just as easily go up ?
I think there is still a small gap just above the gain line.

 

[bonsai]

I suspect an aggressive trader would now be short.

but that I am not.

 

[jonnyy40]

odd day.