Anyone scalping the FTSE Futures??

[SuddenDeath]

ftse opens, prices in overnight action in dow/asia then treads water till about 1:30 ish,

 

[Jessi_trader]

In the morning there were 6 stocks UP and 84 stocks DOWN in FTSE 100

Now 27 UP and 73 DOWN.

 

[postman]

And up we go !
Long Dax 9191

Closed 9213 +22

 

[postman]

I've set a limit on my 2 Dow longs at 16003 its just enough for a profit but anything could happen in the next half hour....

 

[Maddog79er]

I've set a limit on my 2 Dow longs at 16003 its just enough for a profit but anything could happen in the next half hour....

Agreed. Mine is set at 16010. Will then watch and see what happens

 

[postman]

S&P 8 points off 1800 Dow still kicking around 16,000
Not looking good for dow early on.

 

[hereward the wake]

S&P 8 points off 1800 Dow still kicking around 16,000
Not looking good for dow early on.

damp squib

 

[postman]

I'm flat now.

 

[postman]

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.

I guess you meant 6700 but good call.

 

[Maddog79er]

They are trying to generate sellers and scare the market but can anything bring the US markets down?

 

[postman]

They are trying to generate sellers and scare the market but can anything bring the US markets down?

Yes I think your right.

We all know its going to go up for the next 3 months so why sell????

 

[Maddog79er]

I may live to regret this...
Long Dow 15954
Stop 15940
Limit 16010

Limit hit
56 points profit

I will now be looking to short the DOW soon

 

[postman]

How long does it physically take to buy $3bn of treasurys?
I guess we'll find out when the buying dries up.

 

[postman]

Limit hit
56 points profit

I will now be looking to short the DOW soon

Brilliant.

 

[Maddog79er]

DOW short @ 16010
Stop 16031
Target 15951

 

[postman]

DOW short @ 16010
Stop 16031
Target 15951

Hmmmm - its just been down there and come back up again. Do you think it left its keys there and is going back for them???

 

[postman]

Everyone says the Dow is overvalued and still it just keeps going up.

 

[postman]

And by the magic of technical analysis What once was futile resistance at 16000 is now SUPPORT!

 

[Jessi_trader]

I am loving this tug of war between bulls and bears

 

[postman]

I am loving this tug of war between bulls and bears

HHmmm.
Not so much a tug of war as a rout.