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Yesterdays long didn't work with the sharp drop at the open hitting the stops pretty soon after the long order took. It did bounce back though and there are still resistance levels around the...
Friday wasn't so bad in the end, prediction-wise, for the FTSE 100. We got the dip from 6852 though it went a bit lower than the 6821 and hit the stop on that alert I sent, before climbing as expected...
I think this week will mostly be known as range week, and a very small range at that! Not a lot happened yesterday after that initial dip down to the supports levels at 6865 and 6855, but then...
It ended up being quite a flat day yesterday, though the FTSE 100 did close at the highest level for 14 years, and still looks like it wants to go a bit higher. That said the short yesterday at 6875...
It was bulls one, bears nil, yesterday. We got the dip to the pivot early on instead and then a steady rise all day, slight pause at the 6850 to pick ups few for the short but the rest of that trade...
Ukraine didn't figure much in the news despite what some were expecting. In fact, the financial news was quite quiet. It does all still look like we will continue the current slow grind higher,...
I had four trades pencilled in for yesterday but only one took: the long at 6770, which ended up running to target at 6804. The price never got quite high enough for any of the 3 shorts to kick in,...
I really wanted the bulls to do more with that long from 6791 yesterday but it was very half hearted. Maybe they thought it was Monday? Perhaps, today will therefore be bull Tuesday a day late?Either...
With most indices closed, the FTSE 100 spent the day doing little until 16:29 just before the bell when it popped up to the sell level we had at 6811, but not really very bearish - only dropping to...
Bull Tuesday came good once again. But not really dipping as far as I would have liked for the long entry. The short from 6749 worked out well for a few points in the morning then prices bounce back...
A bit of a strange day yesterday, the FTSE 100 didn't really do much all day, staying in a very tight range (that 6711 short came good for a few in the end so well done those that held) and never...
Fridays little long worked out well with the dip to the order level and then a bounce which I took 20 from (always nice to get a winner on a Friday!). Although, it did manage to rise to 6695 in the...
You can tell it is earnings season: the FTSE 100 had a little bounce at 6670 stalled, fell back, climbed again and all within a 30 point range for the day.All very boring! Even Gold only had an 8...
On trending days, like yesterday, the market never pulls back to support to get a good entry. It busts through resistance levels to take out the trades (or vice versa if it’s trending down). The...
With the US trading yesterday there was a bit of movement in the FTSE 100 Futures, and the 6670 area looks like a key short term resistance, with 6681 above. For today, I am expecting a small rise...
The FTSE 100 became rather bullish in the end yesterday. The initial short I took at 6620 got stopped out. But a few were gained off the higher resistance area at 6649. However, the bulls still...
It has certainly being a bit tricky this week and I wasn't expecting to see 6550 yesterday. That was the bottom of the 20 day Bianca channel and held pretty well in the end, though the initialisation...