Message For Ftse Traders......

[wallstreet1928]

I have been practising my front foot cover drives in the garden whilst waiting for my father to get out of the bath..................

need to have a shower........

tick tock, tick tock.......

Friday prayers is at 13.00 at the local mosque..............running a bit late!!

I thought I'd post another chart just before i went and give you guys an update of where we are?

My stop loss got triggered break even after being in profit of 40 points(now you know why i am a scalper..huh hum!!)

It doesn't matter I opened another short again as it was touching my trend line and I just had to open it up again!!

So latest position

short 3530...........stop loss 3560..........target, this time i just take my profit when it falls!!

 

[zo786]

Anyone else get Sir William's emails? General upwards trend seems to be the main conclusion from the email. Im too unsure and inexperianced, sitting this one out. already lost a few points on a short that got stopped out (bad entry)

 

[hairyman]

closed my short for +2 points.. lol. i thnk il wait for the data

 

[hairyman]

im now waiting for a better short oppurtunity,, anyone feeling particularly bullish today?

 

[InReality]

went short at 3538

 

[minime69]

went short at 3538

what now?

i wanted to but down to much already...not saying your wrong.

 

[hairyman]

i have question for all my learned friends..
on IG when trading the daily footsie, the minimum stop distance varies from day to day, sometimes it is 30 , others 10 and today 50, why? i dont understand , obviously it is affecting my trading style?
anyone else notice this?
thanks for any advice, it will be appreciated.

 

[zo786]

My minimum is 6 on IG Index, on the Ftse100 Daily. It normally is 6 aswell. ??

 

[minime69]

i have question for all my learned friends..
on IG when trading the daily footsie, the minimum stop distance varies from day to day, sometimes it is 30 , others 10 and today 50, why? i dont understand , obviously it is affecting my trading style?
anyone else notice this?
thanks for any advice, it will be appreciated.

50 today, prob due to market volatility(at 13.30)

 

[hairyman]

i have question for all my learned friends..
on IG when trading the daily footsie, the minimum stop distance varies from day to day, sometimes it is 30 , others 10 and today 50, why? i dont understand , obviously it is affecting my trading style?
anyone else notice this?
thanks for any advice, it will be appreciated.

gone short at 3550. and i know why they increased stop distances, cos of incrased market voltaility around major announcments..

 

[InReality]

what now?

i wanted to but down to much already...not saying your wrong.

yeah should have waited.
lesson for next time

 

[minime69]

yeah should have waited.
lesson for next time

if you wanted to short, you would have been better to place a stop order below the market, so if numbers came in much worse and market crapped out, you would not miss it. you can do this on the upside as well.

live and learn.

 

[hairyman]

50 today, prob due to market volatility(at 13.30)

thanks..
the short does not look very good at moment!!:|

 

[InReality]

if you wanted to short, you would have been better to place a stop order below the market, so if numbers came in much worse and market crapped out, you would not miss it. you can do this on the upside as well.

live and learn.

Thanks
I hadn't thought of that - only been at this a few weeks.

 

[minime69]

thanks..
the short does not look very good at moment!!:|

one of my early post's said, 3565 is our first tgt, and keeps trying to get there, if it passes there it has to get above 3575 to go higher.

 

[hairyman]

still going with short, down 11 points but holding on..
wheres everyone gone, some are praying. others at siesta.. where are all the others.

 

[minime69]

still going with short, down 11 points but holding on..
wheres everyone gone, some are praying. others at siesta.. where are all the others.

i'm here at my desk praying, but i should have had an extra long siesta and not got up today......................:|

 

[Trader1UK]

Afternoon people,
Back from the friday chores, Thought id wait until the NFP numbers,,, looking to get in but no real opportunity yet, but then again might wait for USAiii to open...

 

[Rambo09]

Trading Central reckons on 3565 as market penetration to upside!!

 

[RennieAMR]

Covered my FTSE short for an unacceptable loss. SPX in better shape so I'll leave it and see if there's a gap fade and what happens.

I should be trading charts not ideas if I don't have the underlying.