Anyone scalping the FTSE Futures??

..........Prob be an overnighter unless dow tanks after ftse hours..........

Not a good move :( - went about +8 into profit early on but didn't take it. opened to see it around -5 loss and it's gone much further underwater since. Might have to take a loss on this one 'cos I don't want to let it go too far before I go away.
 
Morning bustech Dick Lexic and barjon

SP500 june way below neutral level 1557 currently 1550 weak internals

FTSE finally "made" its 6320 target implied from at the money options, next level may be feb lows 6228

Bustech I would not call Gilliard and her crew of traitors a "government"
 
Last edited:
Morning bustech Dick Lexic and barjon

SP500 june way below neutral level 1557 currently 1550 weak internals

FTSE finally "made" its 6320 target implied from at the money options, next level may be feb lows 6228

Bustech I would not call Gilliard and her crew of traitors a "government"

Moning SD and All

Good rap.
Miners did see some technical bounce in Australia today.
Bank's were sold off.
NFP today.

Obama: Let’s Start a New Financial Crisis | FrontPage Magazine
 
Intended to go long FTSE at 6340,an area which has provided support a few times, but held fire due to large falls in Hong Kong overnight. Opened long at 6317, minimum stake, 25 point stop.

Must remember to cover for NFP.

Good morning all. Ian
 
ok
was not trading ftse the last few days
but 15 min data probably would have given the clearest signals
1.break of 6485
if the top was confirmed
2.a break of 6460
i would have tried to get in at 6472 area
3.6392 break
tried to get in at 6410 area
4.6340 area
been busy with cable yesterday.posted the bounce area from last weekend.got a 200 pip move yesterday
posting a chart soon
 
here is the chart
15 min data
some well defined areas to trade
5 points by 1 reversal/close plot
entries are in purple lines..but we try to get in on the othere side of the pattern
so entries are looked for in aqua line areas
17794x.gif
 
same data and we can widen the chart to give more detail to look for those entry points
in p/f,we want to get in on the other side of the pattern.keeps the stop tight and the reward higher....but the risk is higher
abpa50.gif

the green uptrend line confirmed a minor top breakdown on tuesday
not until we broke tyhe aqua/45 deg trendline that market thought bearish
 
ok
was not trading ftse the last few days
but 15 min data probably would have given the clearest signals
1.break of 6485
if the top was confirmed
2.a break of 6460
i would have tried to get in at 6472 area
3.6392 break
tried to get in at 6410 area
4.6340 area
been busy with cable yesterday.posted the bounce area from last weekend.got a 200 pip move yesterday
posting a chart soon

thanks dentist
 
possible buy area now.....US started ticking down tho......maybe just a token drop for us poor europeans ....
 
Top