FTSE

I won't go short there any more as it went real close to it this morning.
That level was for a first attempt basis trade for me. As the price got close to it I don't like re-trying near an area where it's been weakened.
That's just the way I do things.

Hi Remo, have you still got your eye 6377. it came very close this morning.

I guess my point being that it will coincide nicely with the 6377 on your chart, could add to the resistance. Will be looking to put a very small short in. Popping my cherry on an index. Not sure about a target though.

Twl

are nobody spotted the error....lol
the all time high is not 6751.....6751 is still worth a short but the all time high is at 6930

remo wrote: id short on a first attempt basis at 6377...
The best level to go short on the ftse is when it test the all time high at 6751. Thats well worth the short on a first attempt basis..

ill post a chart latter

hi twl2009
its the channel. it still plays its part even thou the price has moved away a few times.
nice spot.Its amazing how many times these channels play out.It looks like its near to the top of the channel.good eyes to spot that

twl2009 wrote: Remo,
Im very new to this charting malarkey, but i've been looking at this recently. any significance??

www.dropbox.com/s/pycrjmvnzq5vbbq/Screen...%20at%2014.41.16.png


Twl

Remo,
Im very new to this charting malarkey, but i've been looking at this recently. any significance??

www.dropbox.com/s/pycrjmvnzq5vbbq/Screen...%20at%2014.41.16.png


Twl