Anyone scalping the FTSE Futures??

[postman]

A better view.

 

[Dick Lexic]

There it was...

ok thanks .....can't see the trees

 

[Dick Lexic]

A better view.

postman, do you set your line charts to show the close the low or the high ?

 

[postman]

postman, do you set your line charts to show the close the low or the high ?

on the line chart I show the close.
Its useful for the one minute and hourly charts as this is what Joe public will see on something like the bbc or yahoo finance pages. And the markets are in the business of making the figures LOOK good to the public.

I use candles for myself.

 

[postman]

Gold is taking a major pummeling.

$1199

 

[bustech]

Gold is taking a major pummeling.

$1199

Randgold taking a hit, think it could go down to the 2,500 area

Randgold Resources Ltd Given New GBX 4,600 Price Target at Morgan Stanley (RRS) - Watch List News

 

[Talbs!]

Morning guys happy quarter end today will be fade rally in dax and dow for me those of you trading US indices remember its the Russell b rebalancing today expect very high volatility

 

[Dick Lexic]

hope it's not flip flop friday ...i think we can get a final push...

 

[Talbs!]

hope it's not flip flop friday ...i think we can get a final push...

possibly, free money trade this morning sell DAX here (21) gap to 87/89

 

[SuddenDeath]

morning everyone

FTSE can it take out yesterdays high? 6271

Dow close = FTSE 6250

for the bulls they need to look for 6292 as a target

 

[SuddenDeath]

NYSE margin debt declined to $377MM in May from April’s record reading of $384MM. This was the first decline on a monthly basis since last June.

Historically, margin debt has a strong correlation with the S&P 500 as investors tend to lever up as the market advances and the mood shifts from risk off to risk on. I often refer to this as evidence of a disaggregation of credit or the way credit is often employed in our economy for productive and unproductive uses.

from pragcap a great site

NYSE Margin Debt Posts First Monthly Decline in a Year

 

[Dick Lexic]

on the line chart I show the close.
Its useful for the one minute and hourly charts as this is what Joe public will see on something like the bbc or yahoo finance pages. And the markets are in the business of making the figures LOOK good to the public.

I use candles for myself.

thanks postman

 

[Talbs!]

This posted on twitter think it makes great sense ! S&P has 4 gaps to fill on a daily would take it down 50 handles form here to fill them all. Also still gap to fill in dax to 89.

 

[Dick Lexic]

possible fork....med line up around 6300 i think but 6260 might be the next "C" so think this area is key

 

[Talbs!]

If anyone did the dax trade buying back 50% at 8000 on cash

as i wrote this gap filled out of trade +31 , look to sell rallies later on

 

[postman]

possibly, free money trade this morning sell DAX here (21) gap to 87/89

OK gap filled. Now lets get the real work done and complete the chart.

 

[bustech]

If anyone did the dax trade buying back 50% at 8000 on cash

as i wrote this gap filled out of trade +31 , look to sell rallies later on

Morning Talbs and All

Nice call.

Cut 100% just below 8,000, last trade for the week, month and financial year.

Small DAX gap's are so sweet, out for dinner.

 

[Talbs!]

Morning Talbs and All

Nice call.

Cut 100% just below 8,000, last trade for the week, month and financial year.

Small DAX gap's are so sweet, out for dinner.

Thanks Bustech good to hear you made some $$$

i love dax gaps if only it was like that everyday

Enjoy dinner only another 8 hours for us guys here in LONDON

 

[barjon]

mornin' all

everything pretty flat so nothing on to be sitting at the back of my mind to put me off my putting stroke (hope the rain stops before tee=off)

 

[postman]

Lots of nervousness out there today.
I think everyone knows we're near the tops again.