Anyone scalping the FTSE Futures??

Did anyone manage to catch a decent chunk of the drop?

I think I posted that I bet it happens while Talbs was away:LOL:
 
evenin'

my pair trade gruesome after another very weak day for ftse (well over -100 in the 2 days and around -150 on the week). Taken the hit - alleviated by a couple of straight directional trades - and carrying some over the weekend.
 
evenin'

my pair trade gruesome after another very weak day for ftse (well over -100 in the 2 days and around -150 on the week). Taken the hit - alleviated by a couple of straight directional trades - and carrying some over the weekend.

evenin barjon sorry to hear that. markets been extremely erratic
 
evenin'

my pair trade gruesome after another very weak day for ftse (well over -100 in the 2 days and around -150 on the week). Taken the hit - alleviated by a couple of straight directional trades - and carrying some over the weekend.

well your not alone bj i haven't had a great week either ...i had some thoughts on your system and wondered if trend angle might help? i attach a chart which i'm sure you will understand ...the thinking is if the ftse angle is greater than the dow then go with your signals ...if ftse angle is lower then call a halt? (assuming the signals are always ftse long dow short)

the angle is usually determined early in the trend in fact today's low maybe a good indicator for the coming week with a higher low on the ftse daily.

of course it's 2 thirds of 4 ninths but today the ftse has a low which (lower channel line) indicates a possible slower rise than the dow (steeper channel line)?

i know...always easy in hindsight :)



dow lower daily channel line is steeper at close
 

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The week FTSE under to ASX, DOW and DAX.

NFP good news was good news.
Guess we grind higher again next week.

I'm sure Japan's bond market will give us more entertainment.

China data over the weekend and they are closed for the first 3 days(dragon boat festival)
ASX close on Monday for the Queen's birthday weekend. raise a glass.
Good weekend all.
 

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evenin'

my pair trade gruesome after another very weak day for ftse (well over -100 in the 2 days and around -150 on the week). Taken the hit - alleviated by a couple of straight directional trades - and carrying some over the weekend.

Hi barjon

Having a hit on the FTSE/DOW, which we all know is part of trading.

If you saw more variance in the next session, would you take the trade.

Or wait after taking a lose in the previous trade.

Just started the FTSE/DAX comparison for the year, FSTE now under performing the DAX, first time since 4th January.

FTSE/DAX looks promising, but want to follow for 2 or 3 months before trading it. so helpfully I can find it's intricacies.
 
spx 15 min
shows the trend from tuesday to thursday going into non farm payrolls on friday
downtrend was broken and a new uptrend formed into nfp
trend continuation
ff0htd.gif
 
SPX H4
we can see the bounce from support,which was a previous resistance area/purple
there is trend res/red line at 1650 area...that could get tested to see if the bulls are still there
then there is ho5rizontal res above
this is bull test time ...next week
thinking..... DURRR !!!!
watch for those res areas to get tested/bull tests next week
we need to see good bounces off support aswell
2qaoltu.gif
 
idiotic trading mentors charge $10k for that
LOL...ha ha
its just support and resistance ...no more
 
looking at the ftse 100/cash for early next week
30 min data shows the main downtrend that started on 29th may
trend res at 6450-6465 area
prev supp/purple lines at 6500 area

uptrend supp/green line at 6340 area
horizontal supp at 6285 area
lets see what happens
2qm21sj.gif
 
Morning guys ! , first day back int he office today zzzzzzzzzzzz

Dax bullish above 8220
 
Good morning Talbs,Dick Lexic, morning everyone

Dow cash close friday = ftse 6423

Sp500june very very bullish way above buy pviot 1623.9
 
Technically all looks like up and up ! Summer trading going to be whippy i feel !
 
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