Anyone scalping the FTSE Futures??

[postman]

Short Dax 9420

Closed at 9406 + 14

With +12 on the ftse thats +26 this morning.

 

[hereward the wake]

When I saw the thumbnail I was expecting something like this ..

I loved that! You seen these?

https://www.youtube.com/watch?v=OmSxjpcfxfI

 

[SuddenDeath]

When I saw the thumbnail I was expecting something like this ..

 

[SuddenDeath]

ftse takes out morning low, not very "helpful"

dow 16,065 think thats what they may be gunning for. dow currently 16,088

bear in mind 65 is only dow cash minus 21

 

[hereward the wake]

long 6612

 

[SuddenDeath]

dow 16,065 looks like a support level, roughly ftse 6611

we got to 6612 and still falling, maybe ftse undershoots.

 

[postman]

Its the ftse - you'll get your 14 and 12 and 10 and 8 and ...

You can rely on the FTSE.

 

[SuddenDeath]

You can rely on the FTSE.

think the us crowd are hedging their us longs by shorting poor old ftse

 

[postman]

Long FTSE 6604 and Dax 9388

 

[Jessi_trader]

How much money are you throwing at the FTSE?
You do know Martingale systems will break you eventually.

Well I am not actually playing Martingale strategy.

My risk/reward is 1:4.

All I am doing is accumulating whenever ftse hits lower part of channel. I do have some at upper part, thats becuase of false breakout.

I just got long @ 6605, My trade has come to climax now. if it close below 6600 then I will be out of trade.

 

[postman]

Long FTSE 6604 and Dax 9388

I'm taking a -2 on the ftse but keeping the dax

 

[SuddenDeath]

htw, eurostoxx50 looks interesting we have had test of 3088+ "supply area"

 

[postman]

Long FTSE 6604 and Dax 9388

Actually - Closed Dax at 97.

+ 9 and -2.

 

[SuddenDeath]

8 biggest ftse100 stocks are all down.

 

[postman]

I'm flat - taking a break to see what direction the markets take.

 

[hereward the wake]

Well bottom guesses?

 

[hereward the wake]

htw, eurostoxx50 looks interesting we have had test of 3088+ "supply area"

so a bounce for the ftse maybe?

 

[Jessi_trader]

Well bottom guesses?

The problem is, market can go deeper then you can think of !

Technically, consolidation should / may be over, but you never know.

 

[SuddenDeath]

amazon to use octo helicopters to deliver parcels within 2 years ! (bloomberg)

 

[SuddenDeath]

so a bounce for the ftse maybe?

eurostoxx contains cac/dax/ftse so it is a sort of dow index for europe.

i would say we have so far rejected 3088+ level. not sure where the support/demand area is