Anyone scalping the FTSE Futures??

[kimo'sabby]

Arent they all.
At least this way you know your losses are going to a good cause.

don't be like that...I was gonna share me winnings with ya

 

[postman]

don't be like that...I was gonna share me winnings with ya

:clap:

At least were not losing real money trading this rubbish market.

A twitter quote...
"Magister IR @MagisterIR · 6m
@MrTopStep You got that right. The lack of volatility is shrinking my profit targets down to little more than scalps"

 

[postman]

Dax did a 50% retrace of todays up move that must mean its going up to 9980 now.

 

[kimo'sabby]

:clap:

At least were not losing real money trading this rubbish market.

A twitter quote...
"Magister IR @MagisterIR · 6m
@MrTopStep You got that right. The lack of volatility is shrinking my profit targets down to little more than scalps"

Mate, f*ck em all!

 

[postman]

Erm, I dont know how to break this to you but ...

 

[2be]

Erm, I dont know how to break this to you but ...

back for a while,
have to lough

 

[postman]

These algos are stealing our money, they open the prices higher then push them down until people start to sell once people sell in numbers they push the prices up to take out stops. Wash rinse repeat. Its been going on for weeks now. The thing is, if you dont start selling they keep pushing the prices down until you do then move them back up again.
Can anyone figure out a way to beat this ?

 

[SlowlyButSurely]

These algos are stealing our money, they open the prices higher then push them down until people start to sell once people sell in numbers they push the prices up to take out stops. Wash rinse repeat. Its been going on for weeks now. The thing is, if you dont start selling they keep pushing the prices down until you do then move them back up again.
Can anyone figure out a way to beat this ?

Move out to FX and Commodities where they cannot move too far out of line or large corporations will exploit the Algo's price to hedge business at good levels. What can the Algo's do then?

 

[tar]

These algos are stealing our money, they open the prices higher then push them down until people start to sell once people sell in numbers they push the prices up to take out stops. Wash rinse repeat. Its been going on for weeks now. The thing is, if you dont start selling they keep pushing the prices down until you do then move them back up again.
Can anyone figure out a way to beat this ?

Discipline and MM , or deep pockets .

 

[Sonicscooter]

I was hoping you'd say something like that.

There you go Postie.......

 

[postman]

I think I've cracked it.
Selling shorts doesnt come with anywhere near the emotional baggage that buying longs does at these levels. Dont know why, I'd need to see a 'professional' about that, anyhoo I think I've got me mojo back.

Selling Dow shorts at 16675. (Note to brain, its NOT buying honest).

 

[postman]

Anyone want to buy any more shorts?

 

[lexcorp]

Long 9924
stop at 9890

still holding. Came within 5 pips of my target.
Still, hard to imagine it hitting my stop any time soon, so hopefully tomorrow it'll be a good one

 

[postman]

Dax did a 50% retrace of todays up move that must mean its going up to 9980 now.

Morning all.

16 points to go and then sell for the retrace.

2 steps forward 1 step backwards.

 

[lexcorp]

Long 9924
stop at 9890

Out here at 9956 for +32

(i know we're going to 10k plus, but I can't help myself)

 

[postman]

Out here at 9956 for +32

(i know we're going to 10k plus, but I can't help myself)

Nice one. Its all money in the bank.
I know exactly how you feel about buying this but you just have to adapt.

Would you like to buy a short?

 

[postman]

Just pushing the dax prices down until people start to sell, then up we go again.

 

[tar]

Morning

Still pessimistic , tomorrow US prelim GDP , but bank holiday in Germany ...

 

[postman]

Long dax 9940, 7 point stop.

 

[postman]

Long dax 9940, 7 point stop.

I'm off out. I'll be back at 4.30 to collect.