world indicies, markets, news 18 may'14, page-3

  1. 1,372 Posts.
    Flemster, I agree FTSE looking a bit toppy. But as in short cuts not yet showing real signs of a fall. It has not kicked on past it's record either. This suggests to me that it is not looking like going much higher. So if that is the case it will either consolidate at these levels and then go up, or, will lose momentum and fall. The latter is my pick. I will wait for my confirmed entry signals. On short watch for me.
    Trading indices is a bit different to stocks. They can whip around a bit. Stops can be a difficult decision. I agree do not go in to hard. Test the water with small parcels. Couple of contracts at $1/point. Minis. I suppose comsec offers such things.
    mower
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.