Message For Ftse Traders......

[Splitlink]

i find that MLR is much tighter in following the mkt than BB.

worth a look if your system has it.

MLR?

 

[keithh]

went long at 3666

 

[keithh]

out 3676 that will do me for the day

 

[Splitlink]

its been one of those slow days so far hard to really tell which way its going to go. I''M now waiting to see if the US can put some momentum on it.

although I have made my daily target I would like to push on a bit.

but for what to is worth my opinion for now is an uptrend, a pull back from the recent high and then resume up again but that opinion can change. ( very quickly sometimes)

You are, probably, right. But, I would have to leave a stop on, now, and am rarely fortunate when I'm away. I'm, pretty much, a hands on trader.

Besides. this could be a pullback, right now, on the down side. Be just my luck to go long on short situation

Split

 

[Splitlink]

Finspreads, BTW, gave an instant fill for me on that spike. No problem, at all.

 

[minime69]

MLR not heard of that one????????

please elaborate.

sorry for delay in replying.

MLR = moving linear regression also known as "end point moving average"

it has long write up, prob best if you guys google it.

or i can PM more over to anyone who wants.

 

[minime69]

out 3676 that will do me for the day

 

[minime69]

that was some spike we just had, any thoughts?

 

[jdphil]

in long from 3640 but without a clue where to exit.....

 

[minime69]

in long from 3640 but without a clue where to exit.....

 

[minime69]

in long from 3640 but without a clue where to exit.....

my only advice is try and take some profit!

 

[jdphil]

stop loss moved to 3680, yea profit taking is a good idea...

 

[minime69]

stop loss moved to 3680, yea profit taking is a good idea...

i like to think so

 

[wallstreet1928]

good morning and good afternoon all.....

I believe that this market will be going northwards and retest 3900-3950 in the next week and days

I am currently long @ 3635 ...stop loss 3605

I thought I would pop in and say hello to you all even though I have set up my own thread now!!

I wish everybody success in their trading today

take care

looks like we are getting there

I am now going to start setting short positions on S&P @

730 , 735 , 740 , 745 if we get that far that is

 

[jdphil]

target set for 3740

 

[minime69]

target set for 3740

why 3740?

maybe let it get there then put in a trailing stop if this is a random profit tgt, but if its a tec lvl then fair play.

 

[jdphil]

set just below Fib R1 3,745.26 from

http://www.livecharts.co.uk/pivot_points/pivot_points.php?symbol=^FTSE

 

[minime69]

set just below Fib R1 3,745.26 from

http://www.livecharts.co.uk/pivot_points/pivot_points.php?symbol=^FTSE

sorry my fault, i had chart too small, i see it now res1, pvt was @ 3696 took a while to get through and has tested on down side again, lets see.

 

[jdphil]

closed 3698

 

[jdphil]

possibly a "cotton wool balls" panic jump out, but pleased to have doubled my account today.