Anyone scalping the FTSE Futures??

[SuddenDeath]

from twitter

German economic sentiment at 4-year high in November

 

[SuddenDeath]

again today eurostoxx down about 0.4% always shows the way. strong euro hurting business, think draghi needs to cut rates more destroy value of euro, maybe field trip to Zimbabwe find out how its done

 

[hereward the wake]

71 next stop? ftse

 

[SuddenDeath]

71 next stop? ftse

they just clear orders until US opens.

htw check the daily cash sp500 chart, not nice candle yesterday

 

[SuddenDeath]

this guy is heavyweight from GMO, grantham's outfit

 

[Jessi_trader]

This is FTSE cash chart - hourly, does not looks nice.

I think if we don't see a big hourly candle back inside the channel then it gives us down Signal. I think FTSE will test 5700 by US open which is resistance line of broken channel. gonna close all my position near 5700 if situation doesn't change.

 

[SuddenDeath]

dow had nice bounce back at yesterdays cash close

 

[hereward the wake]

they just clear orders until US opens.

htw check the daily cash sp500 chart, not nice candle yesterday

Yes... bearish engulfing

 

[Jessi_trader]

Yes... bearish engulfing

with candles, you always need a confirmation.... if you don't get confirmation in next candle then its get nageted

 

[Jessi_trader]

FTSE is now again turning into bullish pattern

 

[postman]

this guy is heavyweight from GMO, grantham's outfit

"US stocks are heavily overvalued at these levels" -

We dont need a multi bilion dollar fund manager to tell us that.

We know the stocks are overvalued and we know Ben is pumping in billions to make them even more overvalued.
------------------------------------------------
Dax long in profit Dow longs looking much healthier.

 

[Splitlink]

FTSE is now again turning into bullish pattern

Yes, I went long at about 1207, which seemed like a breakout pattern. Nothing has changed my view, yet, but I don't like this current bar much and I may cut it. if you follow 3 ducks as a guide, which I know concentrates on Forex, Footsie is bearish.

 

[Jessi_trader]

Yes, I went long at about 1207, which seemed like a breakout pattern. Nothing has changed my view, yet, but I don't like this current bar much and I may cut it. if you follow 3 ducks as a guide, which I know concentrates on Forex, Footsie is bearish.

true, I went long as well at that level.... But I also some time try to filter noise and see real picture....

 

[Splitlink]

I thought it worth a try but I am out of that trade for the time being. May short. yet.

 

[postman]

So 9180 is the new floor on the Dax and 6680 the new floor on the ftse. Up we go.

 

[Jessi_trader]

One problem with IG chart is , I have my positions all over the chart, gazillion of horizontal lines for my position I took. Can't even see and analyse chart properly.

Does any one know if we can get rid of them?

 

[Maddog79er]

Starting to think today is going to be like all others where we've had a slight drop... a buying opportunity. Wonder if we will see yet new highs on the DOW today?

 

[postman]

Starting to think today is going to be like all others where we've had a slight drop... a buying opportunity. ...

If it looks like a duck, quacks like a duck and walks like a duck ...

 

[SuddenDeath]

dow overnight has only backed off about 25pts from cash close

 

[Maddog79er]

Long Ftse 6690

Closed 6692
Long wait for 2 points, like watching paint dry on the FTSE today.
Will keep my DOW long running as looking for a nice bump on open