Anyone scalping the FTSE Futures??

[SuddenDeath]

6600 ftse, implying dow being down 75pts . buy stops anyone ?

sp500june implying very weak us markets, 1643, need 1651 as buy level

morning barjon

 

[hereward the wake]

Thanks all! Had to revise what I was doing!!!! Trading nicely now and switched to Dax, think I got it sorted.

 

[barjon]

mornin' all

hey HW - nice to see you

 

[hereward the wake]

mornin' all

hey HW - nice to see you

Cheers

 

[Dick Lexic]

ftse could still be testing last weeks low at 6637

 

[SuddenDeath]

6616 = dow minus 100pts
6594 = dow minus 150pts

 

[SuddenDeath]

interesting article

First Trading Day of June: 1962-2011 | Global Macro Monitor

sp500 june 1647.2 would make good entry for a ftse long on hourly view

 

[Dick Lexic]

worth a punt here

 

[SuddenDeath]

worth a punt here

my thoughts exactly

 

[Dick Lexic]

i suppose you having the same quick exit thoughts as well

 

[SuddenDeath]

i suppose you having the same quick exit thoughts as well

i have a sense that monday, the first day of june will be strong, would want to sell into that strength should it come

dow currently down 70pts

 

[barjon]

ok i've joined in - will pair it if new low

 

[SuddenDeath]

FTSE low implies dow minus 160

 

[SuddenDeath]

on 6 day view hourly chart, sp500june looks very bearish neckline support at 1642ish, also looks like a bear flag, safe while it holds 1642

would normally buy the hourly bull signal (9am hour 1647.2) but ftse weakness implying very weak dow so worth a punt given we have first trading day of june on monday

dow yesterday was an inside day, anyone remember the tactic for trading them?

 

[Dick Lexic]

ftse downside targets below 6500

 

[SuddenDeath]

ftse downside targets below 6500

really?

always better to sell weakness and buy strength

 

[Dick Lexic]

really?

two h&s patterns on the charts ....

 

[Dick Lexic]

on 6 day view hourly chart, sp500june looks very bearish neckline support at 1642ish, also looks like a bear flag, safe while it holds 1642

would normally buy the hourly bull signal (9am hour 1647.2) but ftse weakness implying very weak dow so worth a punt given we have first trading day of june on monday

dow yesterday was an inside day, anyone remember the tactic for trading them?

i think it's sell or buy a break of either the low or the high ...the low was 248

 

[SuddenDeath]

two h&s patterns on the charts ....

i think it's sell or buy a break of either the low or the high ...the low was 248

ok, thanks

 

[Dick Lexic]

i've had a go at both sides today but im on the side ....wouldn't surprise if we see 6637 again today although it looks unlikely at the mo .....sometimes my system goes against all logic....