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Trade145 Week Ending 16 August- Don't Panic!

Trade145 Week Ending 16 August- Don’t Panic!

    That Was The Week The US got a bit crazy with that 3% drop on Wednesday. This trader thought there’d be a bounce and closed out what would have been the perfect long put position at 7200. However 30% of max profit is ok too. Traders nursing big losses in the recent turmoil […]

Trade144 Week Ending 09August- Content Added

Trade144 Week Ending 09August- Content Added

That Was The Week So, from the precipitous drop as seen from the open on Monday to close on Friday, this was the tiniest move, with some major wobbles in between. Traders with a keen eye will have seen how small the volumes are. While we know it’s the silly season for the press,and the […]

Trade 143 Week Ending 02August

Trade 143 Week Ending 02August

That was the Week- When The Markets Were Trumped by a Tweet Fooled By Randomness In a week that saw the market swoon from a dreary FED announcement, a bonkers Tweet and an innocuous non farm payrolls report. Instead of making idle coment I’d like to introduce a couple of things that caught my eye […]

Trade 142 Week ending 26July

Trade 142 Week ending 26July

That Was The Week Absence of Data We are, as UK retail traders mostly deprived of good data. Thus the demise of VFTSE has meant looking for a substitute. Readers will doubtless be aware of Bollinger Bands https://www.bollingerbands.com/bollinger-bands In our case, being somewhat visually inept, we use Bollinger band width. The basis of this is that […]

Trade 141 Week Ending 19th July

Trade 141 Week Ending 19th July

That was the Week What Happened? Almost Nothing Apologies I will try to source VFTSE or an equivalent to give at least a flavour of market sentiment. It requires no Nobel prize to see that the market is not volatile. However-don’t you just love it when financial commentators talk about how volatile it’s been? Faisal […]

Trade140 Week Ending 12July

Trade140 Week Ending 12July

That Was The Week Astonishing yet lame. 6 consecutive down days-what the heck is going on? Nobody knows what they should be doing. Including this idiot!  I do from time to time mention the skew of the up days outnumbering down days. Recently it hit about 20. So the recent spat of downs has somewhat […]

Trade 139 Bit of A Mixed Bag.

Trade 139 Bit of A Mixed Bag.

FTSE confounds this trader! Gloom In An UP Week, And Apology- Google No Longer Gives VFTSE We watch FTSE, along with just about everything else, rampage upwards again. Thus this trader is wrong again, with my annoying  downside bias. Cynicism is not rewarded,suspension of disbelief, however, is. While, for many traders having a view on […]

Trade 138 Week Ending 28June

Trade 138 Week Ending 28June

That Was The Week FTSE barely moved- up 18 and intraday moves ±0.5%. So, indecision is the order of the day but we may see some crazy next week. Trumpenomics tend to say one thing and then reverse. We were told that 5 key PMI indexes in the US were hitting lows not seen for 10 […]

Trade 137 Week Ending 21June

Trade 137 Week Ending 21June

  That Was The Week Ugh! Volatility is officially in the crapper. Another annoying week of the F grinding up almost 1%. This trader was hoping for a softer week and anything below 7375 would have been perfect. The market does not dance to my tune, but we have had a great run. We still have […]

Trade 136 Week ending 14 June

Trade 136 Week ending 14 June

That Was The Week We saw FTSE rise again to the dizzying height of 7420, and back down to reality at 7345. So next week is expiry week and personal positions need the old ‘F’ down to 7300. We close out our Jun expiry cycle trades and show >10% profit on the month. This is a […]