TRADE
FTSE Daily
BUY @ 5762
pre-open so spread wider than within market hours. Take quickly at any sign of a loss.
Game on!
13 Jun 2008
Trading Day
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TRADE
FTSE Daily
BUY @ 5762
pre-open so spread wider than within market hours. Take quickly at any sign of a loss.
Game on!
Posts
Comments
TRADE
ReplyDeleteSELL @ 5780 to close
profit = 18 pts
took quickly as spiked up.
TRADE
SELL @ 5772
short 12 pt stop
1-min chart
STOP now at 5769
ReplyDeleteholding on to this, perhaps a bit too long, as MACD still in red. We shall soon see the wisdom of this.
STOP down to 5762
:-)
TRADE
ReplyDeleteGold
SELL @ 869.1
stop $5 or 50 pts
gold 1-hour chart
TRADE
ReplyDeleteFTSE
BUY @ 5750.5 to close
Profit = 21.5
very good for a 1-min trade. Should have taken this earlier, but happy with this.
Could bounce around this area all morning!
Typical! Close a trade and the FTSE sheds a further 20 pts! Have now abandoned the 1-min chart and looking at 3-min.
ReplyDeleteA little nervous about my gold trade. Cardinal sin trying to pre-empt signals - was just $0.4 away from hitting the SAR. If goes to $871 will close with a loss. Gold continues to look jaundiced at this level and could go down to $860 again as yesterday. needs to get above $880 to overturn its short-term weakness, and above $900 to regain some sparkle.
No great entry points for the FTSE, so here goes a cheap bet.
ReplyDeleteFTSE Daily 5700 Put @ 9.1 pts
If the FTSE rises then an entry point to go long will be easier to judge.
Still watching gold nervously! Too quiet!
TRADE
ReplyDeleteGold BUY @ 870.5
LOSS = 1.4 = -14pts
Oil ticking up and should really have not been so stupid - just wait for the bloody signal next time!!
TRADE
ReplyDeleteGold
SELL @ 868.8
let's see if works this time!
TRADE
ReplyDeleteGOLD
BUY @ 861.1 to close
Profit = 868.8 - 861.1 = 7.7 = +77 pts
there may be more in this, but after the fist aborted attempt am very happy with this profit.
Rather lost the plot re FTSE as was following Gold more closely.
TRADE
ReplyDeleteFTSE
SELL @ 5760
3-min chart
TRADE
ReplyDeleteFTSE
BUY @ 5758 to close
profit = 2 pts
Why ruin a good day?
Think I'll have a break and come back in an hour. US data at 1.30pm and 3pm BST.
+102.5 pts so far, with possibly a -9.1 losing daily option trade.
Could happily walk away now, but its Friday and usually a fun day.
Correction: +104.5 for the day so far.
ReplyDeleteTRADE
FTSE to finish up > 30 @ 11.4
So am now covered both on the up and down sides. Both require a 50 pt move to notch up a profit but, as I haven't a clue what's coming up next, I'll take the straddle.
Total cost is 20.5 pts.
NYSE is about to open, so let's see if there's anything worth doing. Inflation data from the US shows it is rising and yet the Dow reacts by rising on the expectation of the Fed increasing rates. I don't really understand this. The Dow always seems so sensitive to US consumer patterns and yet consumers will be hit by either growing inflation or higher interest rates. Either way, this surely sucks - or am I missing something? Sure, a rising dollar will bring down import prices and oil, but people's first priority is their mortgages.
ReplyDeleteOK, let's get away from the madding crowd and back to the sanctuary of number crunching.
TRADE
ReplyDeleteSELL up>30 @ 9.9
LOSS = -1.5
held too long
TRADE
FTSE Daily
SELL @ 5762.8
3-min chart
TRADE
ReplyDeleteFTSE
BUY @ 5765.5 to close
LOSS = -2.7
I'm not really sure what's going on, and feeling tired. Never a good combination to trade on. Been a good day, especially the gold trade, so I shouldn't complain.
One last trade then sit back and watch.
TRADE
FTSE up>30 @ 12.4
I know, I sold this recently!
Let's just watch the show...
Bizarrely, market interpretation of today's data is that inflation is not rising too fast. This is based on looking at core inflation, which is a complete fiction and fabricated to be as low as possible. I thought these people were intelligent! I don't care, I'm watching my dopey trade in profit and above 5820 will close at 100. Watching to see when to close out.
ReplyDeleteThank you for the ride...
ReplyDeleteTRADE
FTSE up>30
SELL @ 38.3
Profit = 38.3 - 12.4 = 25.9
using the contract's own chart. Yes, could wait for more but the Dow has come off over 50 pts so took it as price moved sharply down.
TRADE
FTSE to finish down
BUY @ 29.5
Useless, but have an aversion to positive trades going into the red!
ReplyDeleteTRADE
FTSE down
SELL @ 32.1
Profit = +2.6
There was about 15 pts profit but then moved down sharply.
I suspect that's my lot for today.
something to amuse the last 10 mins
ReplyDeleteFTSE down @ 9.8
FTSE up>50 @ 3.0