Spirax-sarco Engineering Share Discussion Threads

[jussyman] 05/10/2010 19:10

ok got ya..off out now

[mymummy] 05/10/2010 19:09

FTSE closed up 80 points at 5635, curently 5653

see my map above

[mymummy] 05/10/2010 19:07

I told you dec is a seperate punt, small quids pp, for the long term and yes did just add.

My main account is regular ftse, that one I'm short 5653, as I already posted, the one with decent cash involved.


Wheres scottie?

[sideshowbull] 05/10/2010 19:02

We have had a nice ride all day just thought she looked a bit weak here, would not want to see a new high of day oh well thats what stops are for.

[jussyman] 05/10/2010 19:02

mummy but u were short dec earlier are u adding to that or just daily ftse

[bart279] 05/10/2010 18:59

11k what else? ;-)

There has to be a wealth of stops in that area to get taken out.

[sideshowbull] 05/10/2010 18:56

One of us is going to get bent over then :)

Whats your target Bart?

[bart279] 05/10/2010 18:42

side, I went long at the same price 10937

[mymummy] 05/10/2010 18:39

Lot of posts here nad FX thread, can mean only one thing, everyones been short.....

Pleased I was out ;-))

[mymummy] 05/10/2010 18:36

evening short 5653

[sideshowbull] 05/10/2010 18:26

Evening chaps trying a short dow 10397 talking about going against the tide oh well lets see if I get bent over.

[longwaydown] 05/10/2010 18:16

scottie...you ok? you're having a nightmare there mate :(

[longwaydown] 05/10/2010 18:01

interesting

thanks for explaining something of your approach. I will try price only at some point. But for now I'll just use my existing system but free of any longer term overlays, 'cos the multi timeframe indicator agreement set up has been working really well for a long time now.

appreciate the feedback

[longwaydown] 05/10/2010 17:24

yes that's a thought too.

supp/res levels are great for planning swing entries, but any levels except the most short term can be a distraction at times like this as they are often irrelevant to a 20/30pip intraday move.

[jussyman] 05/10/2010 17:13

try just trading the price LWD as i am sure u will have a better feel for it..i have nothing but price on my charts and a note of the pp's on a bit of paper

[longwaydown] 05/10/2010 17:10

have deleted all support and resistance lines including trend lines from daytrading charts. They've been working against me recently.

going to try trading just indicators and Ma's and see what happens.

bad luck scottie

[jussyman] 05/10/2010 16:57

short dec ftse 5625 (and chas)

[scottie01] 05/10/2010 16:36

Nope took the hit on dax 60 pips:(

[longwaydown] 05/10/2010 16:09

let's hope scottie can pull off a Houdini as usual :)

giving it a break. GL

[jussyman] 05/10/2010 16:06

ah well tomorrow is another day..must be a top soon if i am considering going long when ftse is above 5600 ;-)

[longwaydown] 05/10/2010 16:03

yep, here's another for you, had a clear signal long with 3 timeframe support at 13801.4. Ignored it 'cos of overhead potential res' :(

[jussyman] 05/10/2010 16:00

not really given an opp to long it on a decent retrace longway..only ftse gave this opp where i closed a short knew i should have reversed..anyway the boards are full of should have would have could have's

[longwaydown] 05/10/2010 15:52

euro screaming long again, but can't bring myself to trade it.

a daily close above '800 would have to be very bullish though, in spite of its' o/b condition.

sitting it out for now