Anyone scalping the FTSE Futures??

The markets have no volume and no significant moves. They are asking for a good shrink before new highs.
Dax, is slowly declining. Drops usually early in the day, and recover after the US open.

.............................................
Happy trading.
 
I have a system short on the DAX right here at 9936.
Not taking it though. Long only, baby
 
lexcorp said:
I have a system short on the DAX right here at 9936.
Not taking it though. Long only, baby
Click to expand...

Yep.
That was your Dow dip for the summer today, I hope you all bought it.
Onwards and upwards to 20,000 and beyond. :rolleyes: :whistling
 
postman said:
At last zerohedge has finally stopped talking about how gold will hit $2500 when markets crash.
Click to expand...

Well if you lurk around in Bitcoin discussion boards , a $2500 Gold will sound ultra bearish :D
 
Have been away for the best part of the day.
Dax shorts were covered earlier on today, have been flat since.
It is going to be interesting day tomorrow.
ECB good news is possibly well priced in, so a small disappointment might well be on cards.
Just in case I am putting market orders to go long on Dax at 750 and 710 both with 150 and 100 pips SL respectively, just in case.
 
2be said:
Have been away for the best part of the day.
Dax shorts were covered earlier on today, have been flat since.
It is going to be interesting day tomorrow.
ECB good news is possibly well priced in, so a small disappointment might well be on cards.
Just in case I am putting market orders to go long on Dax at 750 and 710 both with 150 and 100 pips SL respectively, just in case.
Click to expand...

so I guess you think that the low is in already then?
 
paszkman said:
so I guess you think that the low is in already then?
Click to expand...

No idea, will wait for confirmation, usually by a retest.
If not one will have to assume that that L came early with a V shape revesal.
Too early to call.
 
Buy everything NOW.
If it goes up tomorrow you got a bargain, if it goes down you can buy more at a cheaper price.
Just Buy It - you know it makes sense ... well err about as much sense as anything in these markets. :whistling
 
M5 looks like H&S
I would not be that excited about H&S on M5, thought it might work.
I use other approaches to assess the possible exhaustion of the move including fibs and Tom De Mark count on M30 which is in a good ratio to M5, the TDcount and EXT112% fibs are pointing to congestion, and possible reversal, one will need to trade a breakout from that congestion tomorrow.
Being the end of active day this congestion might be a natural market stagnation due to little activity. So care is of value.
 
Last edited:
2be said:
M5 looks like H&S
I would not be that excited about H&S on M5, thought it might work.
I use other approaches to assess the possible exhaustion of the move including fibs and Tom De Mark count on M30 which is in a good ratio to M5, the TDcount and EXT112% fibs are pointing to congestion, and possible reversal, one will need to trade a breakout from that congestion tomorrow.
Being the end of active day this congestion might be a natural market stagnation due to little activity. So care is of value.
Click to expand...

Does Futures respect Fibs level ?
 
You must log in or register to reply here.

Similar threads

O
Scalping
Replies
7
Views
4K
roberk
R
O
Futures scalping
Replies
10
Views
4K
neil
neil
D
Pivot Point Scalping on the ES
Replies
7
Views
7K
dancorcal
D
S
Scalping the Dow
2 3 4
Replies
67
Views
20K
Dave1971
D
O
Futures micro trading (scalping)
Replies
1
Views
3K
SuperDriveGuy
S
Top