Anyone scalping the FTSE Futures??

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As you know I'm no fan of indicators, but I was looking at an article from Sam Seiden on our very own T2W:


He is the ultimate PA guy yet here he is using a stochastic to trade a trending instrument by ignoring all buy signals and only taking overbought signals to sell. I put it on Dax chart from yesterday, it works very well in TRENDING market it even caught the turn and gave a nice signal when the trend reversed.

whats that red shaded band in the middle of bolly?

? are u allowed to say or is it a "secret" ?
 
whats that red shaded band in the middle of bolly?

? are u allowed to say or is it a "secret" ?

The bolly line are standard .2 dev and the shaded is .5 dev

I use it to keep me in the trade where the price stays in the 'white' space. It also gives the first hint that a squeeze is on
 
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Hey there John :)

PS what's with all the doomsday scenarios ?
 
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mornin' all

Ah, Jessi, you're just trying to justify your shorts :LOL:....

The ONE thing I learnt from Oscar was to close my positions overnight, because when you wake up next day with an open position you look to justify your short / long and not see the market for what it is.
 
Dunno what the moon's saying about the whole thing, but down here we've had the highest PMI readings since two years in Germany and Eurozone, so unless the moon's got some pretty slick tricks up it's sleeve should be some smooth sailing for at least the immediate future.

;)

http://www.google.de/url?q=http://w...0QFjAD&usg=AFQjCNHyt2ywxWr29sZklKPHQdCFkzduGg

Postman, who's that Oscar you're talking about.

Maybe I'm having one of my blonde moments again.

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:LOL:
 
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