Anyone scalping the FTSE Futures??

you made me nervous there,Dick
thought we were going to descend into EW for a mo!
looking at FTSE chart,i have put a profit stop in at 5590 to lock in 30 pips or so..
if price gets there it will be outside the PF and confirming a double bottom..and taking out a minor swing high...
 
Hi All,
I changed attitude and put on the LONG lenses on my glasses :)
Had a good day scalping the Dow on the long side. Keeping a small long position overnight.
Also keeping a small long positin on Nikei. Will scale up, if it advances in the next days.
 
wernluck said:
you made me nervous there,Dick
thought we were going to descend into EW for a mo!
looking at FTSE chart,i have put a profit stop in at 5590 to lock in 30 pips or so..
if price gets there it will be outside the PF and confirming a double bottom..and taking out a minor swing high...
Click to expand...

yes hard to read it without falling asleep :)

i just use the basics if it appears in my own analysis ...check out the rise from todays low ...

ha, last word on it honest
 

Attachments

  • ewr.jpg
    ewr.jpg
    77.4 KB · Views: 128
zorbas said:
Hi All,
I changed attitude and put on the LONG lenses on my glasses :)
Had a good day scalping the Dow on the long side. Keeping a small long position overnight.
Also keeping a small long positin on Nikei. Will scale up, if it advances in the next days.
Click to expand...

Hi Zorbas

This story should help Japan market today.
Abe to urge review of Japan public fund strategy - sources | Reuters

Just got to watch out for the BOJ and the wild move's in the bond market.

Look's like good upside in the ASX from the current level and also Hong Kong, which in turn should drive DOW futures.
RBA rate call the main event in Asia today, hold seem's the main call.
 
we had the 15120 area marked from last week
so we got the bounce from that area
dow 15 min data
no real trend..just a minor move down
35hk2tf.gif
 
...check out the rise from todays low ...
well i can see the 5 waves in blue
but wtf is going on with all that chop after!
the part of EW i like is the basic thesis itself:
social mood swings cause market movement.
the counting bit does me in :)
 
Last edited:
SPX 30 min data
4.50 points by 3 reversal/close plot
we are at an area of prev supp..now is res
the real dog zone is 1652 area/trendline cluster
lets see what happens
10fvyw9.gif
 
Just to follow on the market variance done by barjon and stolen by me.:cheesy:

ASX to FTSE

minus 30 @ 1 hour before DOW close
minus 18 @ 10 mins before ASX open.
minus 4 @ the ASX open and gap closed from yesterday.

Add

Variance was from the ASX close on Monday.
 
Last edited:
wernluck said:
...check out the rise from todays low ...
well i can see the 5 waves in blue
but wtf is going on with all that chop after!
the part of EW i like is the basic thesis itself:
social mood swings cause market movement.
the counting bit does me in :)
Click to expand...

chop? well here at the world wide elliot wafflers society it's known as mince:)
 
SuddenDeath said:
morning bustech

morning everyone

some are looking at copper (etf. JJC) and thinking its found support and will go up

dow cash close = ftse 6572
Click to expand...

Morning SD

Some reports that China's State Reserves Bureau had considered buying copper at the low price's. Which should help put a floor under the price.

Also there is a major Indonesian copper mine that may be closed for month's.
 
"turnaround tuesday" up 21 out of 23 tuesdays, some on twitter saying that yesterday was not monday but "pre tuesday" lol
 
You must log in or register to reply here.

Similar threads

O
Scalping
Replies
7
Views
4K
roberk
R
O
Futures scalping
Replies
10
Views
4K
neil
neil
D
Pivot Point Scalping on the ES
Replies
7
Views
7K
dancorcal
D
S
Scalping the Dow
2 3 4
Replies
67
Views
20K
Dave1971
D
O
Futures micro trading (scalping)
Replies
1
Views
3K
SuperDriveGuy
S
Top