Archive for February, 2007

Morning Call

February 15, 2007

The DOW closed up 87 points at 12741 setting a new all time high as it broke through the resitance t 12700, watch for a continuation pattern to form above this level for continued strength. The S&P and NASDAQ also rallied and are now at or above key resisyance levels. The FTSE, writes Greg Secker, [...]

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Morning Call

February 14, 2007

The DOW bounced off the trend line and closed the day up 102 points, watch the 12700 level as this acted as resistance last time. The S&P added 10 points and th NASDAQ added 9 points. The FTSE, writes Greg Secker, 100 added 28 points while the FTSE 250 only added 20 points. Futures – [...]

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All that glitters…

February 13, 2007

Gold is on the move again. Last week I said the Fed gave the goldphiles the green light to buy and buy they did. Gold hit its highest level since last August and looks like it is wanting to move higher. Long term gold is targeting $750.00 an ounce. The biggest hurdle this week is [...]

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Morning Call

February 13, 2007

The DOW closed down 28 points falling back near to the lower trend line of its current up channel, watch this area for a break or bounce. The S&P fell 4 points and is also near it trend line. The NASDAQ fell 9 points and is near to its 50 ema. The FTSE, writes Greg [...]

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Trade Sizing

February 12, 2007

The often overlooked question : How much should I buy or how do I trade size my positions to manage risk to 1%?

Most people place the same amount of capital on every single trade they place, such as “I always buy 1000 shares or bet £10 a point” this results in disaster and if you’re [...]

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Educational

February 12, 2007

Many private investors have recognised that having a share dealing, spread bet and contract for different (CFD) account, in their trading arsenal, allows them to use the right tool for the right job, maximising potential profit opportunities.  Although it’s no secret that more and more people are opening spread betting accounts these days, with the [...]

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Morning Call

February 12, 2007

The DOW closed Friday down 56 points and is now sat on its 20 ema which has provided some support in the past. The S&P fell back 10 points and is also sat on its 20 ema. The NASDAQ pulled back 28 points  to also close on its 20 ema. The FTSE, writes Greg Secker, [...]

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Morning Call

February 9, 2007

The DOW closed the day down 29 points after testing the 12600 level. The S&P and NASDAQ both tested the lows yesterday but recovered to finish down 1 point. The FTSE, writes Greg Secker, 100 fell 23 points but is still trading above the old resistance level at 6330 watch this level for a break [...]

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Morning Call

February 8, 2007

The DOW tried to break to the high yesterday but ran into resistance at 12700 and closed the day flat. The S&P closed up 2 points and the NASDAQ up 19 points. The FTSE, writes Greg Secker, 100 added 23 points and closed at a new 5 year high of 6369. The FTSE, writes Greg [...]

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Morning Call

February 7, 2007

All US indices continues to build the consolidations, watch these areas as a break form the range could spark the next big move. The FTSE, writes Greg Secker, 100 closed up 26 points and above the resistance level at a new 5 year high of 6346. The FTSE, writes Greg Secker, 250 closed up 72 [...]

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