FTSE100 Intraday Trading - September 03

[bonsai]

at this rate we will have an inside day of an inside day !

but steidlmeyer says we will break out - eventually -

 

[barjon]

and in this turbulent sea only avz sailed serenely on with
sails trimmed to the topside.

I'm getting giddy!!

 

[jonnyy40]

I asked what the format was for UK shares on Mytrack. When 'Bob' answered '- L' I replied ' f'ing or bloody?' Bit stupid really- I don't want to be banned.

 

[bonsai]

up a bit, down a bit, up again - Bernie, the bolt ?

now up through the top line (which had a gann gradient, by the
way) and with any follow throughfrom the dow, we may not
revisit the gap for a while.

 

[barjon]

mornin' bonsai

Yet another day where I had a buy signal shortly before the
close (ignored because too late in the day) only to find the
barman's drunk the beer before I could get to the bar the
next day.

How do you handle late in the day signals? I know you don't
usually hold overnight - is that because of risk analysis, bitter
experience, or just your prefered trading style?

good trading

jon

 

[bonsai]

happens quite often.
the only way to handle them is to trade with an s/b
and stay with it through Dow trading period.
can get socially unacceptable.

when you are right, it will be worth it. But when you are wrong
watch out for the grumbling from the kitchen !

lol

 

[hungrybear]

Got computer problems - completely reinstallating -aarrhhh. Seems I'm in good company though going by recent posts. Fed up though as can't trade. I'm going to splash out on a new high-spec robust system - got a friend who custom-builds and will also use a sealed case to stop dust getting in!

I'm expecting a top today or tomorrow then down for a week, but I'll just lurk until I get my trading computer on-line again and can post something meaningful!

 

[bonsai]

tough hb, you have all my sympathy.

this computer/software/isp business is a shambles.

its about time somebody took it by the scruff of the neck and
sorted it all out.

imo,of course.

 

[barjon]

bonsai

thanks - I get enough flak from the kitchen as it is!! "What do
you do up there all day" - not helped by her flashes of
inspiration which happen while she's doing something
constructive (as she puts it). Latest was to ask (tell) me to buy
Logica a few days ago @ around 200 - they are 243 now!!

Curses, curses.

jon

 

[bonsai]

I will often take the trade and hold it for about an hour
unless its really moving strongly and then decide whether to leave it overnight or close.

its seems a reasonable compromise (from my point of view).
and it doesnt happen every day.

 

[barjon]

bonsai

sounds good to me - thanks again

off to play golf, have a profitable day.

jon

 

[jonnyy40]

Hungrybear.Whatever you do,do not let your friend install a fecking Seagate harddrive.

 

[bonsai]

may start to come off the top soon.

 

[Ghost Dog]

Bonsai,

Do you think it might make it to 4286? No real sign of stalling now?

 

[bonsai]

I dont suppose the big boys pushed us here to fail to break
previous high.
so we may see a final pop.
but the a/d line is weakening.
and there comes a time when it could just as easily fall 10 pts as
climb another 1pt.

 

[Ghost Dog]

Thanks,

looks like it is weakening now.

 

[bonsai]

just waiting for the auction.
but held up pretty well
close 4262.1
just come through.

 

[hungrybear]

jonnyy40

To quote my friend - Never use Seagate - they're $%&* piles of $%£$%*. He's always recommended IBM drives, though now says Maxtor are the ones to go for as they've taken over manufacturing some of the IBM drives. FWIW, on other components he uses QDI motherboards, ATI graphics cards and only Intel processors due to compatability problems with AMD.

 

[bonsai]

I have a fib at 46 which has not yet been tested.

 

[JeanM]

Bonsai


What chart do you base your fibs on?
Sorry for all the questions.

Jean