Anyone scalping the FTSE Futures??

Talbs! said:
Morning all !

Markets looking punchy this morning, trend still technically up, but i cant buy it here, think im going to wait to sell some breaks, funny how eurusd is up on the italian election but will come off ahead of this potential rate cut.
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if the bulls are up for it i think your earlier dax target from last week 8100ish is spot on ...
 
Looks technically that way, we can only get up there if ECB cuts i feel. as i said still bullish and we have taken out recent high that you mentioned but something is telling me to be cautious, so im sitting out for the moment !
 
morning talbs

stocks like MKS,KGF,BLND,TCG making 52week highs this morning, think economy is on the mend things should be humming just in time for election in may 2015

would be interesting to know what the bookie odds on rate cut are?

quote:

"The last few weeks must have increased worries about the fragile eurozone economy," said Christian Schulz at Berenberg Bank. "We now see a 60 per cent probability for a 25 basis points rate cut."
 
I tried to have a look on betfair but they arnt making any odds that i can find, personally i dont see it this month all on 2 bad bits of data from Germany, maybe next month.

Failed this time Dax still bullish above 7802 on my levels would like to see this tested, and hold for a stronger push higher.
 
Talbs! said:
I tried to have a look on betfair but they arnt making any odds that i can find, personally i dont see it this month all on 2 bad bits of data from Germany, maybe next month.

Failed this time Dax still bullish above 7802 on my levels would like to see this tested, and hold for a stronger push higher.
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in uk or us you can lok at the short end of the curve, 2year treasuries and it can tell u likelihood but i do not think the euro has a yield curve, which is strange, market rates lead cent bank
 
It should be an interesting week. End of month tomorrow and also have FED on Wednesday,ECB Thursday and non farm Friday.
 
ads57 said:
It should be an interesting week. End of month tomorrow and also have FED on Wednesday,ECB Thursday and non farm Friday.[/QUOT


Its going to be whippy or sure, thinking i might be better taking some money out of my trading account and going down the casino instead :LOL:
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just had a free session with ftse100trader who one or two of you are aware of. the session was from 8ish to 930 unfortunately I could not hear his comments but could see his trades more or less. I am sure it was a demo account and at one point he was chasing the 5 min gap on the ftse at 6446 he opened around 13 positions at £25 a point from 6449-6447 to chase 1 point so he had around £450 per point running as it happened it hit them he then had another 18 positions opened chasing 6425 they were running at a loss they have just closed in profit. he his either the most reckless trader ever or brilliant.
 
it must be him that's pushing the markets down then :)

i'm still looking for that new high but it's getting further away and we seem to have gone back under the daily trend lines for now...ditto for dax
 
£450 chasing 1 point ! foolish !

Yep all coming under pressure like i said earlier do not trust these markets up here !
 
still weary off these markets had a small short in dow (£5) from the 14760 level just bought that back going to sell some dax here at 43 with stops above the highs !
 
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