do u recall...going down....3 floor habedashery....basement ladies undewear...

[#1]

Recall that post from last year when we tanked ...FTSE at the same kinda levels 4100...4050...4000...all crucial...we may get a bounce so just watch the levels...

[john_1]

What date was that, i am trying to pick it up on the chart..

[#3]

23 Oct and 18/19 Nov...just before the ultimate lows...surprised that this is not something u are not aware of and even need to look at the chart?

[john_1]

Yaun..

[#5]

Yes Johnny time for your sleep...u seem to be asleep at the wheel....

[SimonPB]

chartist, everybody knows it is not knowing the info, it is knowing where to find it. Or who to get to find it for you.

[#7]

yes absolutely....problem is when the market is trading at the level already you should have got the info ages ago...no good fumbling around for key levels when they have been are about to be met...now i know u just trying to be pugilistic here....Simon you seem to be contradicting your own sage advice of being prepared/knowing your levels/knowing your entry/exit....or have I got it wrong...

[john_1]

as always you are making assumptions...I was asking the date of the post to put it to the chart..not why levels were key..you would have to be stupid not to start each day with a review of key levels write them down and not to trade against them...

[#9]

John if I got what u were saying were saying wrong then apologies...u did say " I am checking on the chart" ....not checking in the posts....

[john_1]

No worries... have you ever tried to back check for a post it takes about 15hours of computing power just to open the posts..thats why I asked.

[#11]

its impossible...

[#12]

oops a daisy...levels just broke...

[SimonPB]

I only care about levels if I am in a trade.

[JohnnyCash]

The way the ftse goes through those levels they dont seem to be that key anymore?. In any case took that last 15 min drop when 18750 held as a bonus.
It looks like we can most likely open with a gap down at the Friday GAP level. If we were then to close both on the UP on the day it'll most likely be on a very few times that an old gap got jumped and then closed from the other side? (hope ramblings make sense)

[#15]

yes look the principle is that levels that have been tested a few times (recently 3... and last year a few times) are far more significant...here we not only have good frequency we also a timeframe which is significant...We do need to see a secomd close below these levels as today's trading day is unusual (because of US being closed)

[john_1]

without the US market to moderate, its a great day to put the fear of God back into the market.