Message For Ftse Traders......

[Jock Strap]

Had no fingernails left so closed out yesterday's 3540 long at 3570.

 

[wallstreet1928]

latest chart

I think it will fail to get past 200 MA!!

but lets see my friends....

 

[Geofract]

Morning Gents!

Looks like we were just retesting the underside of a channel we were in over the last couple of days. Shorts looking good now though I think. But I shall wait, I have to be a bit more cautious, I keep making spaz trades!!

Good trading everyone!

Ollie

 

[poisonivy0]

Hi im new to the forum.

Just been reading the news about this job loss report for the US
Won't this drag the ftse down in a massive way?

 

[minime69]

Hi im new to the forum.

Just been reading the news about this job loss report for the US
Won't this drag the ftse down in a massive way?

could do, although there is talk that it could already be priced into the markets, wont know till it comes out i guess.

 

[Jock Strap]

Hi im new to the forum.

Just been reading the news about this job loss report for the US
Won't this drag the ftse down in a massive way?

Depends how much it's priced in already and therefore whether it meets estimates or is worse/better, but personally, I think it is very unlikely that it will have a positive effect.....

Edit: which probably means FTSE will go flying up!! LOL

 

[wallstreet1928]

Hi im new to the forum.

Just been reading the news about this job loss report for the US
Won't this drag the ftse down in a massive way?

welcome, welcome my friend............

you are more than welcome to join us

 

[wallstreet1928]

haha............

no my friend..........

I made over £400 yesterday when i shouldn't really have been trading...........on my S&P long , FTSE long and RIO long!! barclays failed and hit stop loss yesterday!!

So I am going to risk that on this trade!!

average of 3645/50...

stop loss 3720!!

5 contracts times 70 points = £350 (still keep my £50+ profit from yesterday)

now lets have some fun guys........

lets keep this thread exciting..........

I shouldn't be doing this as its a grave sin in my book and every TA's book!!

but its not my capital, its my profit when i shouldn't have been trading!!

I am now in profit.........

let the games begin.............

 

[poisonivy0]

cheers boys ill stay sharp n we'll see what happens.
Also new to spread betting so this should be exciting.

 

[Geofract]

Should have made my chart clearer... it made sense to me anyway - the channel I was refering to is the red upward channel. now marked in red.

 

[LeoE]

Morning all. Looks like asia fell overnight, so i'm in short today having not traded yesterday. Short @ 3560

 

[Chelski]

latest chart

I think it will fail to get past 200 MA!!

but lets see my friends....

Wallstreet,

You are off and running, was lloking to short at 3565 or so, missed entry on phone, on 5 min Chart we were getting Divergence and now crossed over. Can't say how far it will run but think we have no reason until NFP to retest the high.

 

[hairyman]

latest chart

I think it will fail to get past 200 MA!!

but lets see my friends....

hello all. ive been lurking all morning.. now finally gone short, did think there would be an initial spike but note that it lacked any real momentum.

 

[RennieAMR]

Good morning, lads. That short squeeze was interesting I'm still a bit underwater on the shorts I stuck on last night.

We could be in for a bit of a weird day here. Brian Shannon has stuck up four possible scenarios for US trade today on his AlphaTrends blog. None of them are anything like the other.

Hopefully I'll be back at my desk by 12, just in time for an afternoon of bare knuckle fighting

 

[wallstreet1928]

Wallstreet,

You are off and running, was lloking to short at 3565 or so, missed entry on phone, on 5 min Chart we were getting Divergence and now crossed over. Can't say how far it will run but think we have no reason until NFP to retest the high.

here we go, here we go, here we go...............

 

[wallstreet1928]

haha............

no my friend..........

I made over £400 yesterday when i shouldn't really have been trading...........on my S&P long , FTSE long and RIO long!! barclays failed and hit stop loss yesterday!!

So I am going to risk that on this trade!!

average of 3645/50...

stop loss 3720!!

5 contracts times 70 points = £350 (still keep my £50+ profit from yesterday)

now lets have some fun guys........

lets keep this thread exciting..........

I shouldn't be doing this as its a grave sin in my book and every TA's book!!

but its not my capital, its my profit when i shouldn't have been trading!!

closed 2 contracts for profit and @ 3529...........from 3552 & 3562!!

remaining 3 contracts left for 100 point profit..........

 

[wallstreet1928]

closed 2 contracts for profit and @ 3529...........from 3552 & 3562!!

remaining 3 contracts left for 100 point profit..........

Utmost respect for the 200 MA.............

come on guys lets give a round of applause to the 200 MA..........!!

clap, clap, clap

 

[mmis4167]

Utmost respect for the 200 MA.............

come on guys lets give a round of applause to the 200 MA..........!!

clap, clap, clap

long live the 200 MA!!!!!

:clap::clap::clap::clap::clap::clap::clap:

 

[wallstreet1928]

Good morning, lads. That short squeeze was interesting I'm still a bit underwater on the shorts I stuck on last night.

We could be in for a bit of a weird day here. Brian Shannon has stuck up four possible scenarios for US trade today on his AlphaTrends blog. None of them are anything like the other.

Hopefully I'll be back at my desk by 12, just in time for an afternoon of bare knuckle fighting

my analysis states we will get battered today

 

[Chelski]

Utmost respect for the 200 MA.............

come on guys lets give a round of applause to the 200 MA..........!!

clap, clap, clap

And the .5 fib!