Anyone scalping the FTSE Futures??

[Dick Lexic]

hope we don't get bogged down with this...the circle is the median line and dentists 15296....t/l break around 15209

 

[postman]

something just spooked these markets !

That was me activating my remote control again.

 

[Talbs!]

hope we don't get bogged down with this...the circle is the median line and dentists 15296....t/l break around 15209

Todays high 08 then it got slammed down 40 ticks ! hmmmmmmmmmm

 

[Dick Lexic]

you have been up to long postman all those points this morning must have drained your batteries by now

picarda video

Investors Chronicle - Video & report: Mid-caps, big returns

 

[Talbs!]

That was me activating my remote control again.

im going to take those batteries off you if you carry on pressing that button

 

[Talbs!]

Almost perfect this technical picture of a cup and handle, really interested to see if it works out !

 

[postman]

The last time I tried going long on the FTSE it fell 120 points and recovered in 2 days.

Yes we've broken a significant downtrend over the past few weeks and there's nothing I'd like to see more than the FTSE hit 6400 again. But it is the FTSE after all and we're in a down week.
So given the choice of going up 60 points from here or down I'd go for down.
Short FTSE 6338.

Bang! Bang! - New barrel of fish please.

 

[bustech]

Maybe this

Bank of England | Publications | News Releases | News Release - Paul Tucker to leave the Bank of England

or this

ECB says banks will repay 3.19 billion Euros of the two 3-year LTRO loans in the upcoming week versus 2.93B this past week.

or this

 

[Dick Lexic]

Bang! Bang! - New barrel of fish please.

great call post man ...you have letters after your name

have we seen the bottom?

 

[postman]

great call post man ...you have letters after your name

have we seen the bottom?

Hmmm. Catching a falling knife eh! Never good.

The trendline we broke calls for a retest at 6280 but I'm scalping so I'm out now (+30).

My opinion (read guess) would be that we hit 6280 today and look for a push upwards next week. But that's crystal ball stuff.

 

[Dick Lexic]

i have support at 308 ...also have 281 on the radar...targ 450 still intact for now...

 

[SuddenDeath]

gonna try and use 1min close to get long at 6307+

ftse buy pivot

 

[postman]

Just waiting for the handle to form on the Dax's inverted cup.

I tried that cup and handle pattern on June 6th.

Now I know the only thing you get from an inverted cup and handle is hot liquid in your lap.

 

[SuddenDeath]

I tried that cup and handle pattern on June 6th.

Now I know the only thing you get from an inverted cup and handle is hot liquid in your lap.

 

[postman]

Dax has touched the downward trendline it broke out of late yesterday. This suggests upside to me on the Dax.

The volatility on the FTSE is still catching me out. - Down 48 since my call

 

[Dick Lexic]

i'm also trying a new thingy to project targets ...early days but i hope the upside target is met at 6450+...if not then the downside target might bring the daily h&s into play...6200ish neckline

 

[SuddenDeath]

you use volume in your analysis postman?

6200 is a big level for weekly fibs

 

[ads57]

Dow opened the week at 15288. This level is within reach and most likely will be a target for the bulls today.

 

[SuddenDeath]

Dow opened the week at 15288. This level is within reach and most likely will be a target for the bulls today.

that will create one hell of a weekly candle

 

[ads57]

that will create one hell of a weekly candle

It would certainly be a sign of strength for the bulls. The last weekly Dow candle was the same. It would indicate that the market tried to go down twice but the lower levels were firmly rejected.