Chariot Share Discussion Threads

[andonis] 05/3/2010 17:33

In accord with the exuberant mood of the markets I thought to give you a bullish FTSE chart, so as to do as the Romans do.

[andonis] 05/3/2010 17:31

me 2 nav flat now.

[navyan] 05/3/2010 17:09

ando, it didnt hit my 5620 today, but close. I am still flat.

[andonis] 05/3/2010 14:59

Kash, you keep on doing what you think is best for you! Although I do not read news, it does not mean that it is a bad way. News is another way of timing things. I simply do not like it but others do.

[kash18] 05/3/2010 13:59

Ando/ Nav

very interesting , i have all this wrong, i must stop wasting time then reading and watching news daily for way forward.

Well done, good charting, lets hope we get that 10550 and 5620. Have a great day

[andonis] 05/3/2010 13:38

yes nav 5620 is good.

[andonis] 05/3/2010 13:37

well some resistance at this level and may well be raised another 50 points later during the evening to 10550 but we will see.

[navyan] 05/3/2010 13:33

Ando 5620 is on the cards now!

[andonis] 05/3/2010 13:16

kash, I do NOT care about news. News in other words is not my indicator. Others use it and they may answer. I only use charts, as i believe its all in the charts. That includes astrological ones. ;-)

[kash18] 05/3/2010 13:02

And/ IMB

what is the magig NFP figure we are looking for, various numbers branded around 50k, 63k, . When figures are annouced the market probably moves very fast, will you catch it in time for your trades or just grab whatever you can.

If bad data then i assume it would rise anyway after the $ plunges.

[andonis] 05/3/2010 12:45

If before opening it returns to within range 460,, then my old charts still valid... we will see.

[andonis] 05/3/2010 12:26

kash, for my book, if 10460 is broken, (and I know it is broken with futures) then 10508 is the least to expect. On the basis of the strength so far it looks likely today that we will see 50-100 points forward to 10550 today!

[imabastard] 05/3/2010 12:20

Kash .... also keep an eye on BP. and RDSA for whenever they reach particular resistance/support levels .... as an influence on the UKX.

[kash18] 05/3/2010 12:11

And

4 is for me and 5 wont apply to me as i am a woman. i thought stars/ astrology give daily predicitions. i read my daily also i thought this market was trading against the TA at the moment all the chartist have been looking for a drop for 10 days now and indeed most of them were loking to short from 5361 level.

Macd still looking bullish on FT not too sure about DJI and if bad data comes it will tank anyway regardless. Your charts are very good, i think the markets will continue to head up with a break as metal prices are rising and looking to hit new highs , the miners will keep the ft going

[andonis] 05/3/2010 11:42

4 is for you. 5 is for Nav but not sure if it applicable to any who trades as they wont have partners for long.

[andonis] 05/3/2010 11:41

KAS....TRADING RULES
1) bias is good so long as it is not permanent

2) trade what your system/signal tells you.

3) never trade what you 'think' should happen

4) if in doubt keep out or keep it small

5) never trade if you have women problems - they will cloud your judgement!

[andonis] 05/3/2010 11:07

Kas, what the stars say I have posted in here. Why repeat it? Just use your indicators. That is what everybody is doing. It looks bullish. In danger of being pulled up by the DOW on opening. Care must be taken not to overtrade if it goes the wrong way. Bear squeeze underway.

[kash18] 05/3/2010 10:38

And

are you expecting 5547 to be tops then, what are your stars telling you?

[navyan] 05/3/2010 00:32

If 5557 is gone then 5620 will be on the final stop. Note R3 is 5617.

[navyan] 04/3/2010 23:03

who says SUK2 is not chartable?

[navyan] 04/3/2010 22:45

If 5557 is the top then this should retrace to at least 5358: