Australian (ASX) Stock Market Forum

The CFD, the Cynic and the 600 dollars - What could possibly go wrong?

Speaking of the FTSE, did you get some of this?

or are you waiting for a counter trend setup to get FTSE'd as usual?

ftse2609.PNG
 
Where are you going to find better value for your 600 (and then some) bucks?

Depends on your taste in things. If 600 becomes 60000, will you splurge? I need a reason to keep watching (ie. a determination to buy some thing or experience if you make it). :)
 
What a way to end the week! And what a week it was!!

Things were looking bleak at yesterday's outset with the account value dipping sharply! And then, suddenly, and beyond all expectations, things turned around and the day ended with the account at an...https://m.youtube.com/watch?v=bFurkDf6WXg

Account value now 150%ish.
 
What are you complaining about. ;) There's been two nice trend days with a little late give back. The daily chart shows a classic BO pattern after a HL. This market looks and is quite bullish.

Of course if you're not a trend trader or you've inverted your grid I would understand your angst. :)

ftse00416.PNG
 
What are you complaining about. ;) There's been two nice trend days with a little late give back. The daily chart shows a classic BO pattern after a HL. This market looks and is quite bullish.

Of course if you're not a trend trader or you've inverted your grid I would understand your angst. :)

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Ohh! You caught me out again! I must confess to a little embellishment surrounding my angst. I concur that some drawdown from new highs can be typically expected. (The drawdown was actually a bit higher intra session on the heavier of my stategies, but partially recovered long before I got around to reporting in.)

If truth be known, I am largely delighted with the progress to date. The fact of having encountered a need to deploy the "then some" dollars, of additional capital, the other week, thereby derailing the original plan, has been the only disappointment thus far.
 
... and you can't hold it against me for trying to fish for a little more information about your underlying strategy.
Hmm?
 
And then there was yesterday, precious few trades with precious few dollars chnaging hands. Account value barely moved beyond a single percent!

Soooo...https://m.youtube.com/watch?v=GXbk3OL-t-s

Edit: Has this week even started?!!

What a way to end the week! And what a week it was!!

Things were looking bleak at yesterday's outset with the account value dipping sharply! And then, suddenly, and beyond all expectations, things turned around and the day ended with the account at an...https://m.youtube.com/watch?v=bFurkDf6WXg

Account value now 150%ish.

FTSE!

Who the FTSE is the FTSEing FTSEr who reversed the polarity?!!!


Account value 145%ish

Oh well! That's the...https://m.youtube.com/watch?v=iJ90ZqH0PWI

And now it's...https://m.youtube.com/watch?v=ZgDVk-AgOfc...again!

Account value floating between 145 and 150ish percent.

Account value briefly flirted with a new high before settling back into the 145-150ish percent range. This week is so much like that...https://m.youtube.com/watch?v=B2m-F4qLx3M...it's now getting beyond a joke.

As can be seen from the above, the account value was in a consolidation pattern all week!

And just when it looked like all hope for a weekly profit was lost, along came the NFP announcement, and hey, presto, instant...https://m.youtube.com/watch?v=-P67b07z7Qw...and a new high of 170%.

However, by the time the markets closed for the weekend, the account value had retreated to 165%ish.
 
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