mully
Thank you, I have a strong belief in maintaining a sense of humour it helps to keep things in perspective and generally assists in avoiding aggresion. RIGHT whoose for a verbal punch up!
Contributors & Lurkers
Some points to consider
1 The ftse is down 27.5 points as I type. If interest rates rise do we expect a further fall or is it already in the price. If the rate is unchanged do we expect a large rise.?
2 The dow is trading in a very close range and is due a break out. If the payroll figures out tomorrow are good and the threat of interest rates closer, do we expect the dow to fall and take the ftse with it? If the payroll figures are bad the threat of rate increase reduces and the dow rises? again taking the ftse with it?
The dow has been winding itself up over the last 2 days and is due a break which could prove to be a sizable one.
I appreciate that I am asking to be deluged with the mantra 'trade what you see not what you think' but it does help to be prepared.
Regards
bracke
Thank you, I have a strong belief in maintaining a sense of humour it helps to keep things in perspective and generally assists in avoiding aggresion. RIGHT whoose for a verbal punch up!
Contributors & Lurkers
Some points to consider
1 The ftse is down 27.5 points as I type. If interest rates rise do we expect a further fall or is it already in the price. If the rate is unchanged do we expect a large rise.?
2 The dow is trading in a very close range and is due a break out. If the payroll figures out tomorrow are good and the threat of interest rates closer, do we expect the dow to fall and take the ftse with it? If the payroll figures are bad the threat of rate increase reduces and the dow rises? again taking the ftse with it?
The dow has been winding itself up over the last 2 days and is due a break which could prove to be a sizable one.
I appreciate that I am asking to be deluged with the mantra 'trade what you see not what you think' but it does help to be prepared.
Regards
bracke
Hi Hooya,
Keep an eye on Dow at 10,264...its been acting as major support.
If it holds then it will support a bounce back. Just a wee bit way as all the European indices are down as well.
Got a measuring bar from 530 to 537, so would be looking for a close above 537 for confirmation of reversal
Keep an eye on Dow at 10,264...its been acting as major support.
If it holds then it will support a bounce back. Just a wee bit way as all the European indices are down as well.
Got a measuring bar from 530 to 537, so would be looking for a close above 537 for confirmation of reversal
hooya
I like to work out
kick a ball about every now and then
as a scrum half, I know what its like to have a decent fly half a few yards away
If only I had a pound for every poor fly half I 've played with ..............
but I still have the scars
I like to work out
kick a ball about every now and then
as a scrum half, I know what its like to have a decent fly half a few yards away
If only I had a pound for every poor fly half I 've played with ..............
but I still have the scars
Bonsai
😎 😎 😎
Just to cheer you up, my 4 year old son, Rollo, thinks you are a hero and wants to grow up and play for England. He ever talks about changing his name to JW. Luckily, he has a signed rubgy ball from the England team, as LD's daughter is in his class, but then you (JW) would know that as you signed it!
😎 😎 😎
Just to cheer you up, my 4 year old son, Rollo, thinks you are a hero and wants to grow up and play for England. He ever talks about changing his name to JW. Luckily, he has a signed rubgy ball from the England team, as LD's daughter is in his class, but then you (JW) would know that as you signed it!
bonsai
"keep on the right side of the 1 day
that's where the money is"
"a/d is now -80 which of course means -90 & +10
but probably -91 & +11"
The above makes complete sense to you but to us relative novices it doesn't. Can you explain it please?
Regards
bracke
"keep on the right side of the 1 day
that's where the money is"
"a/d is now -80 which of course means -90 & +10
but probably -91 & +11"
The above makes complete sense to you but to us relative novices it doesn't. Can you explain it please?
Regards
bracke
Bracke:
1) Bonsai is referring to trading with the trend. IF the one day simple moving average in down take down bets. IF the I day SMA is up take up bets.
2) the A/D comment refers to the number of shares in the FTSE100 which are Advancing and the number Declining. A strong markets needs lots of participants (like this thread!!!). Be cautious of strong markets with thin participation.
hopes this helps
1) Bonsai is referring to trading with the trend. IF the one day simple moving average in down take down bets. IF the I day SMA is up take up bets.
2) the A/D comment refers to the number of shares in the FTSE100 which are Advancing and the number Declining. A strong markets needs lots of participants (like this thread!!!). Be cautious of strong markets with thin participation.
hopes this helps
