FTSE100 Intraday Trading - September 03

[bonsai]

this particular fib is based on 4279/4195/62%

 

[hungrybear]

Anyone know if I can change my name (is it called a handle?). I used hungrybear in part to refelct my bearish tendencies and whilst I still bearish on the markets I'm trying to change my mindset, and not having 'bear' in my name would be a good start!

 

[bonsai]

simplest way maybe to delete t2win cookie
and then goto homepage.
it will probably ask you to go through a log in process and you can register a new name ?

 

[bonsai]

back around 46 so now we will see.

 

[Fluke]

Bonsai.
Whats your favourite low risk trade set up.

 

[Fluke]

Hungrybear.
Send a mail to chartman or a modorator,I changed mine some time ago. lol

 

[bonsai]

Fluke
probably the goat
like the first time we hit 4286.
it left its beard above the fib at 4280

but the C wave comes close - there are more of them.

 

[Fluke]

Bonsai.
Thanks,I am trading EOD UK stocks and using the snake to start with and like it ,to gether with ABC 3 wave fibbs.Just gone long with Glaxo using the snake.
Roger Over and Out .standing bye. Keep out of the horse road.lol

 

[bonsai]

seems to have found support from the fib at 46
and after another inside day
is now testing the top line.

we should know soon ?

 

[bonsai]

false break
but we dont know why.
so it may try again soon.

 

[bonsai]

50% fib at 37 protects the gap below.
and the uptrend line is at 35

so critical time.

 

[barjon]

Bonsai

just popped in between household chores (on orders from
the kitchen). you seem to be talking to yourself this morning.

the AD must look weak? and avz is calling down (as yesterday)
volume looks reasonable but it all smacks a bit of calm before the
storm?

jon

 

[bonsai]

barjon
I think you may be right on both counts.

may give it a miss.

 

[barjon]

I know you've explained it before somewhere, but is a goat what I would think of as a shooting star where the close doesn't hold above a resistance line (and a hammer vice versa at support)?

 

[bonsai]

with a goat you dont really want to see any meandering above the resistance line.
so it would certainly fail to close above the line.
fall away should be fast, indicating that there are a number of traders coming in to support your position.

shouldnt really look like a shooting star on eod.

we have a potential right now as it has rejected 50% fib

 

[bonsai]

but not anymore !
hit its head on the gain line and didnt like it.
lol

 

[barjon]

well I got a long signal at 41 so I'm in but not happy!!

 

[bonsai]

nice finish
but another messy day.

 

[foghorn]

A quick question, chaps, if you don't mind. Are you SB'ing the FTSE, or are you in the futures?

cheers!

 

[bonsai]

Foghorn
I think you will find both here.

Scalpers must use futures
But I trade longer periods so use sb's but both their rolling cash
and their futures.